Servotech Power Systems has bagged a significant order of 1,800 EV chargers from Bharat Petroleum Corporation Limited (BPCL). The project will involve Servotech manufacturing and deploying the DC chargers across India in an ambitious timeline. Read more…
Volkswagen is putting stock market plans for PowerCo on hold
Volkswagen is reportedly hesitating in its search for investors for its battery division PowerCo and its IPO. According to an agency report, the Group is said to have put talks with potential investors on hold and deprioritized a possible stock market debut. Read more…
Kia Global EV Wholesale Sales Hit New Record In December 2023
The Kia EV9 exceeded 10,000 units for the first time in a single month. Read more…
BMW expects 20% EV sales’ share in 2024, 25% in 2025
BMW delivered a report on the progress it has made in lowering the CO2 emissions of its cars and revealed some bulish expectations on its EV in the process. While the company was keen to point out that it has met and exceeded the EU targets for emission on the cars it sold in 2023, the really interesting bits concern… Read more…
CATL expects profit growth of up to 48% in 2023
The earnings preview implies CATL returned to net profit growth in the fourth quarter, after seeing a sequential decline in the third quarter. Read more…
Volkswagen hands over its largest ID. Buzz fleet to date to Helion
The Swiss energy solutions company is converting its commercial vehicle fleet to electric. The company just received 100 ID. Buzz Cargo vans in corporate design, which now form one of the largest fleets of commercial EVs in Switzerland. Read more…
Kia EV3 likely will arrive sooner, EV4 delayed
Kia wants to launch its EV3 in the first half of 2024. The Kia EV4 is to follow at the beginning of 2025, slightly later than previously planned (end of 2024). This was reported by South Korean media, citing a high-ranking Kia manager. Read more…
Chery doubles its research and design team in Europe
The Chinese car manufacturer has announced the expansion of its development centre in the German town of Raunheim near Frankfurt. Against the backdrop of launching the Group brands Omoda and Jaecoo, Chery wants to strengthen its presence in Europe. Read more…
Volvo delays EX30 SUV due to software glitches
EV drivers looking to get behind the wheel of their new Volvo all-electric SUV EX30 may have to wait a bit longer as Volvo works to resolve some software glitches before delivery – the second time a Volvo EV launch has been delayed due to software. . Read more…
Ecolab partners with Ford Pro to accelerate EV adoption
Ford Pro will collaborate with global sustainability leaders Ecolab to speed up the electrification of its vehicle fleet, with a goal of transitioning to a 100% fully electric commercial fleet by 2030. Read more…
Renault cancels IPO of electric car subsidiary Ampere
Renault has canceled the IPO of its electric car division Ampere planned for the first half of 2024 – at least for the time being. The current conditions on the stock market are not suitable for this. Read more…
Isuzu is making massive investments in electric vehicles
Various sources reveal that Isuzu Motors is about to invest nearly two billion dollars into electric trucks and batteries. News reached us over an order with LG worth one trillion won. There is also talk of a new EV pickup truck from Thailand. Read more…
Stellantis launches industrial series production of H2 vans
Stellantis is starting to manufacture medium-sized and large fuel cell vans at its plants in Hordain, France, and Gliwice, Poland. This marks the Group’s entry into the series production of hydrogen-powered vans. Read more…
China EV insurance registrations for week ending Jan 28: Nio 3,300, Xpeng 2,200, Li Auto 8,500, Tesla 12,800
During January 1-28, Nio was 9,900 units, Xpeng 6,800, Li Auto 27,100, Tesla 35,200 and BYD 168,500. Read more…
Lucid Air tops new massive range test, VW ID.7 disappoints
Another major EV range arrived, this time courtesy of the guy from Motor 1. It involved 11 of the most popular EV models and showed how long they can go on a charge. The cars were driven at the same time alongside the “Autostrada del Grande Raccordo Anulare””- the ring road surrounding the city of Rome, Italy, ensuring equal conditions… Read more…
Gogoro launches new Pulse electric scooter as highest performance model yet
After several recent international expansion announcements, Gogoro unveiled its latest electric scooter today. The new model, known as the Gogoro Pulse, relies on the company’s existing swappable battery standard yet ushers in a technological revolution as Gogoro’s highest-performance electric scooter yet. Read more…
Eve Energy launches global operations, opens 7 regional headquarters
The regional headquarters are aimed at serving customers close to where they are and mark Eve Energy’s transition to global operations, it said. Read more…
BYD Seal U electric SUV launches in Germany next month
Chinese EV manufacturer BYD is ready to launch its latest creation, the Seal U, in the European market this February. The Seal U is an electric SUV and a sibling to the Seal electric sedan that made its debut last year. While Germany is home to giants like Volkswagen and now Tesla, BYD is boldly stepping into the ring with… Read more…
Tony Persson
Scania AB’s head of battery production Tony Persson explains to Rory Jackson his company’s key role in the development of electric vehicles for demanding applications
The race to electrify road vehicles is bringing with it a race to develop internal competencies in producing key e-mobility technologies, and battery packs frequently make the top of the list. As of mid-2023, around 30 battery factories were planned, being built, or already operational in the US, with around 35 in the EU and several times more in China. Read more…
Xiaomi SU7’s top-trim will be priced at around $50,350, report says
The top-trim version of the Xiaomi SU7 has a vehicle price of RMB 361,400 at the time of insurance purchase, and the starting prices for the full lineup will likely be in the range of RMB 250,000 to RMB 370,000, according to local media. Read more…