• News aggregator on electric cars and electric vehicles (cars, motorcycles, boats, planes).

Vitesco achieves billion-dollar turnover with EV components

vitesco-technologies-symbolbild-2019-02-minThe drive supplier Vitesco Technologies surpassed the one billion euro mark in turnover with electrification products for the first time in 2022. With electric drives and other components, Vitesco turned over around 1.1 billion euros, compared to 0.9 billion euros in 2021. According to the supplier, electrification products are becoming increasingly important and will soon […] More…

PowerCo & Umicore receie regulatory approval for joint venture

PowerCo, the battery company of the Volkswagen Group, and the Belgian materials technology group Umicore have received all regulatory approvals for their joint venture announced in September 2022. The partners can now swiftly begin preparations for large-scale industrial production of cathode materials (CAM) and precursor materials (PCAM) in Europe, according to Volkswagen. However, the search […] More…

Ireland cuts electric vehicle subsidies

irland-irelande-killarney-symbolbild-pixabay-minThe Irish government has announced a reduction of its subsidy for privately purchased electric vehicles. From 1 July 2023, the purchase premium will drop from 5,000 to 3,500 euros. The reduction of the registration tax will remain unchanged. Buyers of electric cars with a list price below 40,000 euros will receive up to 5,000 euros. […] More…

Austria launches ENIN funding to electrify commercial vehicles

The Austrian Ministry for Climate Action has published the first call from the Emission-free Commercial Vehicles and Infrastructure (ENIN) funding programme. This scheme supports companies in procuring non-fossil fuel commercial vehicles and infrastructure. In German, ENIN is short for “emissionsfreie Nutzfahrzeuge und Infrastruktur”. When Austria announced the scheme a year ago, the first call worth […] More…