The French automotive supplier Plastic Omnium is accelerating its strategy for electromobility with two investments: Plastic Omnium wants to take over Actia Power, as well as investing 20 million euros in the French battery manufacturer Verkor. The investment and industrial partnership with Verkor will enable Plastic Omnium to develop and manufacture battery modules, according to […] More…

In Germany, the government-funded hydrogen filling station operator H2 Mobility has received an investment of 110 million euros to enable its next phase of growth. The primary investor is the French finance company Hy24. The expansion goals are accompanied by a focus on hydrogen-powered commercial vehicles of all sizes. Hy24 is contributing 70 million euros, […] More…

Tesla has confirmed that it is planning another stock split. According to the electric car manufacturer, it will ask its shareholders for approval for this at the next annual general meeting. Tesla had already split its stock in 2020. The company value does not change due to the stock split – but since the company […] More…

Shortly after Nio, another Chinese electric car manufacturer, Xpeng, has now presented its business figures for 2021. Xpeng was able to outperform its competitor Nio in terms of deliveries. However, while Nio was able to stem its losses over the year, the situation is different for Xpeng. Xpeng delivered 98,155 electric cars last year, 263 […] More…

Contrary to previous statements, Porsche apparently not only wants to hybridise its sports car icon 911, but also realise a purely electric version. According to a media report, an electric 911 is to come before the end of this decade. However, there are probably delays with the e-Macan. According to a report in Manager Magazin, […] More…

VW Commercial Vehicles is aiming for a sales share of battery-electric vehicles of more than 55 per cent in Europe by 2030. Not only the currently announced model series such as the ID. Buzz and the e-Crafter, but also new models with electric drive. This sales target is part of the further developed ‘Grip 2030’ […] More…

Due to high particulate matter pollution, Paris ordered extensive restrictions on car traffic on Saturday. Cars with an environmental badge number 2 and higher (Euro 4 petrol and worse, diesel with Euro 6 and worse) are no longer allowed to drive in the area inside the Paris ring road A86 – probably for a few […] More…