The Volkswagen Group has confirmed the rumoured investment of 180 billion euros by 2028. Two-thirds of this sum will be invested in new electric models and digital services. The remaining third—around 60 billion euros—will be used to further develop combustion engines. Read more…
Author: electrive.com
Hyundai to launch affordable EV called Inster
Hyundai has announced that it will launch the Casper Electric in its overseas markets as the ‘Inster.’ The company will unveil it at the Busan International Mobility Show on 27 June. Read more…
Watford to further expand EV charging infrastructure
The UK’s Watford Borough Council secured a grant worth £386,250 to set up new public EV chargers. These include 24 twin charge points and 40 lamp column charge points. Read more…
Atlante equips Turin Airport with charging infrastructure
The charging infrastructure operator Atlante will equip Turin Airport with 19 charging points on behalf of the airport operator SAGAT, with the option to expand later. The charging capacities of the covered charging points will range from 22 to 200 kW. Read more…
Tesla offers 6,000 euro environmental bonus in Germany
6,000 euros—that’s how much cheaper the Tesla Model Y will be in Germany from now on. Until 30 June 2024, EVs already produced in Grünheide will be available with this promotional discount, which Tesla calls the environmental bonus. The sales measure will reduce the overproduction of recent months. Read more…
Volvo Cars to manufacture its EVs in Europe
According to a media report, Volvo Cars has started to relocate the production of electric cars manufactured in China to Belgium – and apparently the flagship EX90 will also soon be coming from Belgium. This comes as the EU could increase tariffs on EVs imported from China. Read more…
Grosse Lembeck to head battery recycling at BASF
BASF has appointed Christine Grosse Lembeck as head of its global battery recycling business. According to the chemical company, she will be responsible for further expanding BASF’s solutions along the battery recycling value chain for battery producers and OEMs. Read more…
Asahi Kasei works on more conductive electrolyte
The Japanese technology company Asahi Kasei has achieved a successful proof of concept for lithium-ion batteries with a new type of electrolyte with high ionic conductivity. The product will be commercially available as early as 2025. Read more…
Virginia to no longer enforce stricter EV regulations
The US state of Virginia adopted the California electric vehicle mandate programme in 2021. However, once stricter rules apply from the end of the year, the state no longer wants to comply. Read more…
Volvo Trucks North America launches Truck-as-a-Service business model
Volvo Trucks North America (VTNA) and Volvo Financial Services have started a Truck-as-a-Service (TaaS) business model called Volvo on Demand. The goal is to help customers opt for electric trucks without the upfront investment. Read more…
Big Bus Tours to add 40 electric buses to sightseeing fleet
Global sightseeing company Big Bus Tours has announced that it will add a further 40 electric buses to its fleet by summer 2024. That includes new buses and conversions. Read more…
Panasonic curbs plans for expanded US cell production
Panasonic Energy is canceling the schedule for expanding its production capacities in view of the weaker demand in North America. The previously communicated mark of 200 GWh of battery cells per year for 2031 will no longer be linked to the target year mentioned. Read more…
BYD evaluating a second car factory in Europe
BYD announced its first passenger car factory in Europe in Hungary last year. And while that is not even operational yet, the carmaker is already considering a second production facility in Europe. Read more…
New player: Prime Lithium wants to produce lithium for EVs in Germany
Prime Lithium, a subsidiary of Deutsche Rohstoff AG, wants to produce high-quality lithium for 500,000 EVs per year at the Stade Chemical Park near Hamburg in Germany. The company wants to realise a pilot plant on site by the end of 2025 and become a ‘key player in Europe’s battery value chain’ by 2030. Read more…
Plans for Gotion’s battery factory in Morocco take shape
The Chinese battery cell manufacturer and Volkswagen partner Gotion High-Tech has signed an investment agreement with the Moroccan government for a battery cell factory in the country. The initial production capacity will be 20 GWh, but this figure could increase significantly at a later date. Read more…
Zeekr builds right-hand drive Zeekr X
Zeekr has started production of the right-hand version of its Zeekr X electric SUV. It will be available in Q3 2024 in markets such as Thailand, Singapore, Hong Kong, and Macau. Read more…
Hyundai to launch all-electric Staria in 2026
The Hyundai Staria may finally go tailpipe emission-free, but not with a hydrogen fuel cell powertrain as earlier confirmed. A new report says it will gain a battery-electric variant in 2026. Read more…
Honda CR-V e:FCEV production begins in the US
Honda has started manufacturing the CR-V e:FCEV in the US. The vehicle will be transported from Ohio to California and Japan, with the launch in Japan taking place before the market launch in California. However, the launch in both markets is scheduled for 2024. Read more…
Eleport to install charging infrastructure at 70 Carrefour locations in Poland
French retailer Carrefour has commissioned charging infrastructure provider Eleport to install over 70 charging stations at its store locations in Poland. A cooperation agreement provides for the installation of a total of over 170 charging points in 65 Polish cities by 2025. Read more…
VW subsidiary Elli wants to reduce charging costs with Otovo
Elli, the Volkswagen Group brand for charging and energy, and the European solar platform Otovo have entered into a strategic partnership. From the summer of 2024, customers purchasing an Elli wallbox via the VW sales channels in Europe will also be able to purchase a PV system – to reduce the operating costs of their electric cars by up to 40 per cent. Read more…
