In the USA, the United Auto Workers (UAW) union has ended its strikes against Ford, General Motors and Stellantis after six weeks, having reached preliminary agreements with all three car manufacturers. These primarily provide for significantly higher wages. Read more…
Author: electrive.com
EU approves nearly €660 mn in state aid for French battery firm Verkor
France has received approval from the EU Commission to pay 659 million euros in state aid to Renault partner Verkor. The company will proceed with its planned research project and target pilot battery production by the end of 2026. Read more…
Osprey invests in charging the East of England
Osprey Charging is bringing a new quality to public-private partnerships. Working with Dacorum Borough Council in the East of England, the provider has signed up to boost public EV infrastructure – at its own cost. Read more…
Princeton team sets new electric boat speed record
Princeton University’s Electric Speedboat team says it has broken the world speed record for electrically powered boats. An average speed of 114 miles per hour (183 kph) was achieved on Lake Townsend in North Carolina. Read more…
Ola Electric closes funding round to build battery plant
The Indian electric scooter manufacturer Ola Electric has closed a 32 billion rupee ($385 million) funding round. It plans to use the funds to expand operations and complete its planned battery cell factories. Read more…
China’s Autel scores significant deal with Vattenfall
Charging hardware manufacturer Autel Energy has partnered with Vattenfall, the operator behind the InCharge network. The collaboration will see Vattenfall deploy two AC models from Autel in Germany. Read more…
Next.e.GO Mobile plans microfactory in the US
The Aachen-based electric car manufacturer Next.e.GO Mobile also wants to build a microfactory in the USA for the production of its electric cars. In doing so, Next.e.GO Mobile wants to benefit from the subsidies of the US. Inflation Reduction Act. Read more…
VW to continue research cooperation with University of Tennessee
The Volkswagen Group has extended its research partnership with the University of Tennessee at the Volkswagen Innovation Hub in Knoxville until 2028. The project, which focuses primarily on eMobility innovations, has been in place since 2018. Read more…
SkyDrive is about to launch eVTOL production at Suzuki plant in Japan
Suzuki and SkyDrive agreed to share business and technology in March 2022, and the cooperation has reached a new height. Suzuki is lending manufacturing capacity to SkyDrive to produce up to 100 eVTOLs annually starting in the Spring of 2024. Read more…
EU approves one-billion-euro fast-charging business by BP and Iberdrola
The European Commission has given the green light for BP and Iberdrola to align their charging infrastructure businesses in Iberia. The companies in 2022 earmarked one billion euros for a joint venture, which may now go ahead. Read more…
France boosts EV infrastructure budget; incoming changes to bonus schemes
The French government announced another 200 million euros to push the national charging infrastructure program Advenir. France targets 400,000 public charge points by 2030, but Advenir still has work to do at current levels. Read more…
Swiss freight forwarder Dreier to procure 50 electric trucks
The Swiss transport and logistics company Dreier AG has signed an acceptance agreement with Daimler Truck and MAN for 25 electric trucks each. The trucks in question are the heavy-duty eActros 600 and MAN eTGX models – the latter has only been available to order since Monday. Read more…
Volkswagen-backed 24M shows battery without cells and modules
The US battery cell developer 24M, known for its SemiSolid technology, presents a new battery system at the Japan Mobility Show in Toyko this week. ETOP stands for ‘Electrode-to-Pack’ and means that the electrodes are integrated directly into the battery pack. Read more…
Mitsubishi hands over China joint venture to GAC
Mitsubishi’s withdrawal from the Chinese market, which was announced in July due to the Japanese manufacturer’s oversleeping in the transition from the internal combustion engine to the electric car, has been finalised. The former joint venture GAC Mitsubishi will be completely transferred to the GAC Group. Read more…
Zeekr opens order books for the 001 in China
The Zeekr 001 FR is now available on the Chinese market at prices starting at 769,000 yuan (about 99,500 euros). The performance offshoot of the Zeekr 001, introduced in early September, is already in production and shipping. Read more…
New CATL factory outputs one cell per second
CATL has commissioned a new battery factory in China. The plant in the southwestern province of Guizhou has 30 GWh initial annual capacity. It is almost entirely automated, leading to rapid manufacturing speed. Read more…
VW’s Cariad may be facing personnel issues
It seems a little strange: Volkswagen’s software division Cariad is behind schedule. But instead of catching up with more staff, according to a media report there is a threat of large-scale job cuts and further delays. Read more…
MAN has started accepting orders for the eTruck
MAN Truck & Bus has launched sales of its first heavy-duty electric truck. Previously known only as the eTruck, the model will be launched as the eTGX for long-distance transport and the eTGS for distribution. Further technical details are also available at the start of ordering. Read more…
“I am talking about how to make the industry fly.” Jussi Palola – CEO, Virta
Insiders, of course, know of Virta. The Financial Times listed the Finnish company among the 1,000 fastest-growing businesses this year. Energy giant E.On has been Virta’s prime investor for years and reportedly helped raise another €85 million in growth funding a few months ago. Read more…
California to invest $40 million in charging infrastructure
Governor Gavin Newsom announced that California is set to distribute $40.5 million in federal funding to build 270 EV fast chargers at 26 sites along highways. Read more…
