LG Energy Solution plans to complete its planned initial public offering in South Korea in January 2022. The battery maker expects to offer 42.5 million shares at a price between 257,000 to 300,000 won each, a regulatory filing said. LGES was spun off from LG Chem about a year ago, and the battery maker’s IPO […] More…
Author: electrive.com
Ford stops accepting F-150 reservations to begin with orders
Ford is no longer accepting reservations for the all-electric F-150 Lightning and will instead convert existing reservations into firm orders from January 2022. Most recently, Ford CEO Jim Farley had mentioned that the number of pre-orders was approaching the 200,000 mark. Ford’s reservations page literally says: As we prepare to make history together, we’ve closed […] More…
China marks another NEV sales increase
In November, sales figures for New Energy Vehicles reached a new high for the year. Over the course of the month, 429,000 NEVs were sold, which significantly exceeds the previous record from October (368,000 vehicles). The NEV market share – which in China includes PHEVs, BEVs and FCEVs – was 20.8 per cent of the […] More…
Renault & Dacia fail crash tests
Euro NCAP, the crash test organisation, has slammed the two latest electric cars from Renault and Dacia in its latest tests. Renault’s Zoe is not awarded a single star and Dacia’s Spring only receives one star out of a possible five. Secretary-General Michiel van Ratingen comments that “safety has become collateral damage in the group’s […] More…
BP acquires Amply Power in the US
BP took its first major step into electrification in the US with the acquisition of Amply Power, an EV charging and energy management provider for fleets that operate trucks, transit and school buses, vans and light-duty vehicles. Richard Bartlett, senior vice president, future mobility and solutions, bp: “As we continue to invest in new forms […] More…
TDS orders 10 BYD e-trucks in the Netherlands
BYD has been given an order for the delivery of ten ETM6 electric trucks from Top Delivery Services (TDS). The vehicles will be used in logistics for Ikea in Amsterdam. The deal was made through BYD’s newly appointed electric truck dealer Bluekens EV. Top Delivery Services is a joint venture of logistics service providers (Holwerda […] More…
ABB spins off electric mobility division
Swiss-Swedish technology group ABB is aiming to spin off its electric mobility division with its charging station business in the first half of 2022 and list it on the Swiss stock exchange. The company made the announcement on its capital markets day. ABB says that the legal separation should be completed in the first quarter […] More…
EKPO and DR Powertrain target fuel cell market in China
EKPO Fuel Cell Technologies, a joint venture between ElringKlinger and Plastic Omnium, has agreed a partnership with German-Chinese system integrator DR Powertrain System to jointly develop fuel cell systems with EKPO stacks for the Chinese market. DR Powertrain Systems intends to integrate the German-made stacks into systems from local manufacturers for automotive and non-automotive applications. […] More…
Gotion High-Tech begins building battery plant in Hefei
The Chinese battery cell manufacturer and Volkswagen partner Gotion High-Tech has begun construction of a new production facility in the eastern Chinese city of Hefei, which will be built in two phases and will have an annual capacity of 50 GWh when completed. The announcement is not surprising, as Gotion wants to increase its annual […] More…
VW signs battery deals with Umicore, 24M and Vulcan Energy
The Volkswagen Group has concluded three further strategic partnerships in the field of electric car batteries. The new partners are the materials technology group Umicore, the battery specialist 24M Technologies and the lithium supplier Vulcan Energy Resources. According to Volkswagen, the partnerships are independent of each other but serve a common goal: “The industrialization of […] More…
Volvo and Polestar developing compact SUV – with different platforms
Volvo and Polestar are each working on an all-electric compact SUV, according to a British media report. However, according to the report, these will not be based on the same platform, but will each be independent. However, questions remain. As the British magazine Autocar reports, Volvo’s compact electric vehicle is to be positioned in the […] More…
BASF invests €4.5 billion in battery development and recycling
The chemical company BASF has announced that in future it will focus more on its electromobility offering. For this purpose, up to 4.5 billion euros are to be invested in battery materials and recycling by 2030 – in return, the business with exhaust gas catalysts is to be spun off. The spin-off as a new […] More…
Polaris & Zero reveal Ranger XP Kinetic
Polaris and Zero Motorcycles have revealed their first vehicle, an all-electric utility task vehicle (UTV) called the Ranger XP Kinetic, which will arrive in US dealerships in summer 2022 and is also bound for the UK and European markets. In September last year, Zero Motorcycles teamed up with power sports outfit Polaris to come up […] More…
BMW to introduce Saturday shifts due to high i4 demand
BMW plans to introduce Saturday shifts at its Munich plant in the first quarter of 2022 to keep up with the high demand for the new i4 electric model. The waiting time for the electric sedan is currently said to be around nine months, but could soon climb to a year. This is reported by […] More…
Ralf Brandstätter rumoured to take over VW in China
According to a media report, VW brand manager Ralf Brandstätter is to become the Volkswagen group’s new board member for China, replacing group CEO Herbert Diess in this post. Brandstätter would thus still join the group’s board of management, albeit in a different capacity than previously suspected. According to the Handelsblatt, this was confirmed in […] More…
Peugeot to sell only BEVs in Europe by 2030
According to brand CEO Linda Jackson, Peugeot is to become an all-electric car manufacturer in Europe by 2030. Outside Europe, however, Peugeot intends to continue offering internal combustion engine models beyond 2030. “As we move on to the new [Stellantis] platforms, STLA Small, Medium, Large, by 2030 in Europe all of our models will be […] More…
Wait not, want not
Sources familiar with the matter told Electrek that Tesla is sick of waiting for customers who keep delaying the deliveries of their new Teslas. The electric carmaker has decided to send an ultimatum to these customers after which they mean to start cancelling orders. Apparently, this applies to a few thousand orders in the US. […] More…
DBT forms R3 to operate fast-charging hubs
French EV charging station specialist DBT Group has announced the launch of R3 (Réseau Recharge Rapide), a subsidiary dedicated to operating its network of ua-fast charging stations. The first R3 recharging station opened for business on 6 December at the Norauto site in Fâches-Thumesnil, just outside Lille. DBT says that subsequent stations should be set […] More…
SEA Electric to convert 10k US school buses
SEA Electric, a provider of electric commercial vehicles originally from Australia and now based in Los Angeles has received another major order: US school bus dealer Midwest Transit Equipment (MTE) wants SEA to convert 10,000 existing school buses to electric vehicles. SEA Electric and Midwest Transit Equipment have partnered up to equip 10,000 school buses […] More…
Hubject starts automatic invoice management
Hubject has introduced invoice management as part of its eRoaming services. The new ‘Invoice Management’ function should simplify – ie. automate – processes for over 1,000 B2B partners. Until now, the manual transfer of charging data has still been necessary in some cases. Until now, the invoicing process between charging station operators (CPO) and eMobility […] More…