Category: News Site

Battery Makers 2017: Panasonic & BYD Hold Majority Of Market

1 min ago by Mark Kane MWh of EV li-ion batteries produced in 2017 (data source: EV Sales Blog) Various plug-in electric car models compete on the market, but the top three battery suppliers remains the same as last year. Panasonic Cell Worldwide, EV car sales increased by around 58% last year, but new models… Continue reading Battery Makers 2017: Panasonic & BYD Hold Majority Of Market

Audi e-tron breaks cover, first all-electric car with four rings

GENEVA: Audi has unveiled the prototype for its first all-electric model at the Geneva Motor Show. The electric SUV ‘e-tron’ combines the space and comfort of a typical luxury car with a range suitable for everyday use as well as long journeys. Until the start of series production, almost 250 development vehicles will complete testing… Continue reading Audi e-tron breaks cover, first all-electric car with four rings

Ford confirms its desire to withdraw from its Blanquefort site in 2019

The 910 jobs at the Ford plant in Blanquefort (Gironde) are more than ever under threat. The US manufacturer has confirmed its intention to withdraw from the site in 2019 during a monitoring committee of the plant on March 9. “The current projections of production volumes are sound until 2019, which should allow the continuation… Continue reading Ford confirms its desire to withdraw from its Blanquefort site in 2019

Zenvo Automotive details the new TSR-S

Danish high-performance automotive company Zenvo has redesigned and reengineered its racetrack-bred TSR for optimal aerodynamic performance. Fitted with a 5.8-liter twin supercharged V8 powerplant, the TSR-S will develop 1,200ps Zenvo has introduced its new TSR-S at the Geneva Motor Show. The TSR-S, which features an innovative new active multi-axis centripetal wing and an in-house developed… Continue reading Zenvo Automotive details the new TSR-S

Update: Bird has raised $100 million to become the Uber of electric scooters

Update: Bird confirmed our reporting with an announcement of the close of the round. Index Ventures and Valor Ventures led the funding. “It feels like investing in Uber when it first launched.” That’s what one investor said of the hot new Santa Monica, Calif.-based startup, Bird — an electric scooter company that’s now in the… Continue reading Update: Bird has raised $100 million to become the Uber of electric scooters

Automakers and their allies call for more breaks in Trump tariff plan

WASHINGTON, March 9 (Reuters) – Global automakers and vehicle suppliers are pressing the Trump administration and U.S. Congress to exempt the European Union and other allies from new steel and aluminum tariffs set to take effect later this month, industry officials said on Friday. The proclamation President Donald Trump signed Thursday allows importers to seek… Continue reading Automakers and their allies call for more breaks in Trump tariff plan

GKN Seals $6.1 Billion Dana Autos Deal to Fend Off Melrose

U.K. engineer GKN Plc agreed to sell its automotive unit to U.S.-based Dana Inc. in a $6.1 billion transaction aimed at repelling a hostile takeover from investment group Melrose Industries Plc. GKN shareholders would get stock in the new group valued at $3.5 billion, plus $1.6 billion of cash, and Dana would assume $1 billion… Continue reading GKN Seals $6.1 Billion Dana Autos Deal to Fend Off Melrose

Bird is raising $100 million to become the Uber of electric scooters

“It feels like investing in Uber when it first launched.” That’s what one investor said of the hot new Santa Monica, Calif.-based startup, Bird — an electric scooter company that’s now in the process of raising as much as $100 million on a $300 million valuation, according to several people with knowledge of the company’s… Continue reading Bird is raising $100 million to become the Uber of electric scooters

Renault creates 50 new jobs in Yonne

Renault’s Logistics and Parts Division (DLPA) on Thursday (March 8th) announced on its works council the recruitment of 50 people for its Villeroy logistics center in Fougères (Yonne). In total, in 2018, Renault will recruit 130 people on permanent contracts at its three logistics sites, Villeroy (Yonne), Cergy (Val-d’Oise) and Flins (Yvelines), which currently have… Continue reading Renault creates 50 new jobs in Yonne