Category: News Type

Northvolt to Build €4 Billion Battery Gigafactory in Northern Germany

BERLIN, March 15, 2022 /PRNewswire/ — Swedish green battery maker Northvolt has selected the northern German city of Heide in the regional state of Schleswig-Holstein for a new 60 gigawatt plant. “Northvolt Drei” will be the company’s third production facility of this size and the first outside Sweden. It will cost some EUR 4 billion.… Continue reading Northvolt to Build €4 Billion Battery Gigafactory in Northern Germany

Proposed battery swapping policy needs plan for interoperability, say EV industry stakeholders

Panel Discussion on Charging, Swapping, and Powering Ahead New Delhi: Along with charging infrastructure, battery swapping could play a major role in enabling the EV industry to reach a critical scale. During her Union Budget 2022-23 speech, Finance Minister Nirmala Sitharaman, said, “Considering the constraint of space in urban areas for setting up charging stations… Continue reading Proposed battery swapping policy needs plan for interoperability, say EV industry stakeholders

Greaves Retail partners Bounce for EV battery swapping stations

Bounce Infinity, an electric vehicle company has announced a strategic partnership with Greaves Retail to provide battery swapping stations for Greaves electric vehicles. With this tie-up, Greaves Retail becomes the first company to use Bounce Infinity’s battery-swapping network. The partners will deploy the pilot project in Bangalore. As part of this partnership, the company plans to target 10 cities… Continue reading Greaves Retail partners Bounce for EV battery swapping stations

@Geely: Kandi Technologies Reports 2021 Financial Results

2021 revenue of $91.5 million, net income of $23 million Year-end cash and equivalents of $129 million Explosive growth in self-balancing scooter segment, up over 400% JINHUA, CHINA, March 15, 2022 (GLOBE NEWSWIRE) —  Kandi Technologies Group, Inc. (the “Company,” “we” or “Kandi”) (NASDAQ GS: KNDI), today announced its financial results for the full year… Continue reading @Geely: Kandi Technologies Reports 2021 Financial Results

Humax Acquires Jeju Electric Vehicle Service

Humax will acquire Jeju Electric Vehicle Service to expand its electric vehicle charging business. Jeju Electric Vehicle Service is a charging service company in Jeju with 2,000 slow chargers (7㎾h) operation. The company was established in 2013 with a joint investment of KRW 700 million by POSCO ICT and Daekyung Engineering. The total sales in… Continue reading Humax Acquires Jeju Electric Vehicle Service

@Daimler: Sales launch for the business avant-garde: the new EQE from Mercedes EQ and Mercedes AMG

Available to order now, at dealers from the end of April Stuttgart/Affalterbach.  With the EQE 350+ (WLTP: combined electrical consumption: 18.7‑15.9 kWh/100 km, combined CO2 emissions: 0 g/100 km)[1] and the Mercedes‑AMG EQE 43 4MATIC (WLTP: combined electrical consumption: 22.5‑19.7 kWh/100 km; combined CO2 emissions: 0 g/km)1, prospective buyers can now order the first two EQE models. Prices start at 70,626.50 and 103,827.50 euros, respectively[2]. The Mercedes‑Benz Bank… Continue reading @Daimler: Sales launch for the business avant-garde: the new EQE from Mercedes EQ and Mercedes AMG