Toyota has decided to invest up to 730 billion yen (approximately $5.6 billion) in battery production for battery electric vehicles in Japan, and the US, which should start between 2024 and 2026. With these investments, Toyota aims to increase its battery production capacity by up to 40 GWh in total. Toyota and Lexus plan to […] More…
Author: electrive.com
Flanders tasks TotalEnergies to install 4,400 charge points
The Flemish government has commissioned TotalEnergies to install and commercially operate a charging network for electric vehicles. France’s oil corporation will establish 4,400 AC charge points in the West Flanders and Flemish Brabant regions over the next two years. Flanders has further contracted TotalEnergies to operate the 22-kW charge points under their brand for twelve […] More…
Skoda to launch 3 new electric cars by 2026
Skoda is accelerating and expanding its electric car plans. The Czech VW brand will launch three new purely electric models by 2026 brought forward from 2030. The new models will be a compact car, a compact SUV and a seven-seater SUV. The Vision 7S show car that has just been unveiled not only provides a […] More…
UK: First Bus orders nearly 200 e-buses from Wrightbus
British transport company First Bus has ordered 193 electric buses worth £81 million from Northern Irish bus builder Wrightbus. The order is part-funded through the Department for Transport’s (DfT) Zero Emission Bus Regional Area (ZEBRA) scheme. First Bus had successfully worked with five municipalities to rack up the combined order of 193 electric buses. The […] More…
France preparing 100€/mth EV leasing scheme
The French government is planning to subsidise electric vehicle leasing. Thanks to government support, all-electric vehicles could become available for as little as 100 euros per month. Bloomberg broke the news with reference to a television appearance by Minister Gabriel Attal. Such an EV leasing scheme would also follow an election promise by President Emmanuel […] More…
ESB launches e-bike sharing pilot in Dublin
Irish energy supplier ESB has launched an e-bike pilot project in Dublin called ESB eBikes. The trial will run for ten months and includes 112 bikes with 14 charging stations in some of Dublin’s busiest commuter locations. ESB also won experienced partners. Micro-mobility providers Bleeper and Moby will maintain and operate the electric bikes with […] More…
Florida releases $125 m in VW fines to buy electric buses
The Florida Department of Environmental Protection (DEP) is awarding $68 million to purchase 227 electric public transit buses to replace diesel buses in 13 counties across the state. There are further grants given to school districts. The DEP wants to support the districts in purchasing 218 electric school buses. The funding of $57 million comes […] More…
GM signs agreement with Posco Chemical for CAM
General Motors has signed a binding off-take agreement for cathode active material (CAM) with Posco Chemical. Under the agreement, which runs from 2023 to 2025, Posco will supply the material from its plant in the South Korean city of Gwangyang to Ultium Cells. The GM-LG Energy Solutions joint venture will then use the cathode active […] More…
Flashing through 14 European countries in under 24 hours
Two journalists from the British magazine What Car? say they set a new (unofficial) world record by driving a Porsche Taycan through 14 European countries within 24 hours. When the pair started out, Google Maps calculated that they could drive through 13 countries in 19 hours and 30 minutes. Starting in the Netherlands, they cruised […] More…
Freyr joins Nidec in Energy Storage Solutions business
Freyr has found its first major customer for battery cells from its debut factory in Rana, Norway. The Norwegian battery company struck a deal with the Japanese Nidec Corporation to supply 38 GWh of LFP battery cells from 2025 to 2030, with the option to increase the volume. The binding cell sales agreement includes an […] More…
Lithuania to install 6,000 charging stations
The Government of Lithuania targets building 6,000 new charging stations for electric vehicles by 2030, starting with 1,200 by 2025. Local media reports that the country’s Ministry of Transport budgeted around 90 million euros. At the same time, free charging is coming to an end. Public charging along Lithuania’s highways is currently free, thanks to […] More…
Munro Vehicles secures US sales & leasing with Wyre
Glasgow-based electric heavy-duty 4WD vehicle manufacturer Munro Vehicles has struck a deal with Wyre, a US electric vehicle sales and leasing specialist. The agreement secures exclusive rights for the sale, leasing and distribution of the Scottish-built EV in the US and Canada. Vehicle production will start in Scotland at a purpose-built factory in East Kilbride […] More…
BYD increases profits again, this time by 198%
The Chinese electric vehicle and battery manufacturer BYD was able to achieve a net profit of almost 2.8 billion yuan (around 400 million US dollars) in the second quarter of 2022. This represents an increase of 198 per cent compared to the same period last year and an increase of 245 per cent compared to […] More…
Roam launches electric bus & e-motorbike deal in Kenya
The Swedish-Kenyan technology company Roam (formerly Opibus) has just launched an all-electric public transport bus called Roam Rapid specifically designed to meet the challenges of public transport in Africa. The manufacturer has also just signed an agreement to supply electric motorbikes with an African financing platform called M-Kopa. The Roam Rapid will initially be used […] More…
Factorial Energy to build solid-state battery development and production site
Factorial Energy, the US developer of solid-state battery cells for electric cars backed by Mercedes-Benz, Stellantis and Hyundai-Kia, has begun construction of a new development and production facility. The new facility is being built in Methuen, a suburb of Boston in Massachusetts. This was made possible through the support of the Massachusetts Office of Business […] More…
VW invests 2 billion euros to transform Saltzgitter plant
The Volkswagen Group is investing around two billion euros in the transformation of its Salzgitter site in Germany – from the lead engine plant to the lead cell plant. At the same time, the carmaking giant says it has launched a major qualification offensive. Over the next few years, employees from the engine plant are […] More…
Honda & LG Energy Solution to build US battery plant
Honda and LG Energy Solution have entered into an agreement to establish a joint venture for the production of batteries in the USA. The batteries will be used in Honda and Acura electric models in the North American market. Under the agreement, the Japanese carmaker and the South Korean battery supplier will invest a total […] More…
Mercedes-Benz to offer new EQ models in the USA
In the USA, Mercedes-Benz has announced several new EQ models for the model year 2023. With the addition of the new models, the German carmaker says it is following on from the EQS Sedan with even more all-electric options for US customers. The EQS Sedan expands its line-up with the addition of the EQS 450 […] More…
Toyota-FAW rely on BYD tech for electric car for China
FAW-Toyota, a joint venture between Chinese manufacturer FAW and Japanese carmaker Toyota, plans to launch an all-electric sedan called bZ3 in China. The motors and the battery are to be supplied by BYD. The Chinese Ministry of Industry and Information Technology (MIIT) has published the first pictures and details of the new Toyota electric car, […] More…
Lawrence Hamilton to lead Genesis in Europe
Lawrence Hamilton will become the new European head of Hyundai’s Genesis brand on 1 September. Hamilton takes over from Dominique Boesch, who is leaving the company to pursue new challenges. “With his long-time experience in the auto industry, Lawrence will be able to leverage the great potential of the Genesis brand and story as we […] More…