Japanese trading company Marubeni is investing in Skeleton Technologies, a developer and manufacturer of supercapacitors, to expand Skeleton’s production capacities in Germany. This apparently involves a double-digit million euro amount. Marubeni sells Skeleton’s technology in Asia and wants to support the expansion of production to meet demand for Skeleton’s so-called SuperBattery. This is a new […] More…

Vietnamese electric car manufacturer VinFast has started building its first factory in the US. Announced in March 2022, the factory in Chatham County, North Carolina, will produce electric cars, electric buses and batteries for them. The start of operations was originally planned for July 2024, but was later postponed to 2025. In the first phase, […] More…

General Motors will begin producing battery modules at its plant in Ingersoll, Canada, in the second quarter of 2024 to support the company’s increasing production of electric vehicles. Currently, the battery supply is a bottleneck for the plant. The new approximately 37,000-square-foot facility (original specification had been 400,000 square feet) will assemble battery cells into […] More…

Austrian-based automotive supplier Magna will be integrating SiC semiconductors from US-American manufacturer Onsemi in its drive systems for electric vehicles. The two companies have signed a long-term agreement for Onsemi’s EliteSiC silicon carbide power module. Magna will incorporate Onsemi semiconductors into its traction converters to improve the efficiency of electric vehicle motors and therefore their […] More…

The Supervisory Board of Mercedes-Benz has prematurely extended the contract with Chief Executive Officer Ola Källenius by a further five years until 21 May 2029. In addition, the supervisory board extended the contract of Chief Technology Officer Markus Schäfer. When the first reports emerged at the beginning of July that CEO Ola Källenius’ contract was […] More…

Transport for Ireland has announced that driver training, vehicle testing and route piloting have commenced with the first battery-electric buses arriving in Dublin. Wrightbus delivered the first nine electric buses out of the 120 ordered by the National Transport Authority (NTA) in June 2022. Testing, commissioning, and driver familiarisation will continue through August and September […] More…

In Europe, the Chinese battery cell manufacturer Sunwoda plans to build a factory for electric vehicle batteries in Hungary. According to the company’s stock exchange announcement, Sunwoda plans to invest the equivalent of around 250 million euros in the plant. The Hungarian investment promotion agency HIPA has confirmed the location of the Sunwoda plant in […] More…

Ford’s Model e electric car division significantly increased its sales and revenue in the second quarter of 2023, but also widened its losses. Ford is also pushing back a key production target by a year. Specifically, Ford sold about 34,000 electric vehicles from April to June, nearly three times as many as in the first […] More…

Chinese battery cell manufacturer Eve Energy is planning a joint venture to build a factory in Thailand with an annual capacity of at least 6-gigawatt hours. The joint venture for this is to be established together with the Thai energy company Energy Absolute. Energy Absolute is to hold 51 per cent of the joint venture […] More…

After the announcement of the electric car cooperation between VW and Audi with the Chinese manufacturers Xpeng and SAIC, Group CEO Oliver Blume gave more details. He spoke about the opportunities for the VW brand with the Xpeng cooperation, and what Audi plans to do with the SAIC technology. During a conference call with journalists […] More…