The Volkswagen Group has stepped up its activities in North America in a bid to take a strong position in this important growth market for battery electric vehicles. The Group and its battery company PowerCo have selected St. Thomas in Ontario, Canada to establish Volkswagen’s first overseas gigafactory for cell manufacturing, which will produce sustainable… Continue reading Volkswagen Group to set up battery cell plant in Canada
Category: US Motoring Press
Volkswagen Group to set up battery cell plant in Canada
The Volkswagen Group has stepped up its activities in North America in a bid to take a strong position in this important growth market for battery electric vehicles. The Group and its battery company PowerCo have selected St. Thomas in Ontario, Canada to establish Volkswagen’s first overseas gigafactory for cell manufacturing, which will produce sustainable… Continue reading Volkswagen Group to set up battery cell plant in Canada
Most powerful electric cars in the world
The debate over whether an EV can be a true ‘driver’s car’ is likely to rage on for quite a while yet, but what’s not in doubt is that going electric has delivered some spectacularly fast and powerful machines. In fact, when it comes to head-spinning horsepower figures, few internal combustion-engined models get close to… Continue reading Most powerful electric cars in the world
Porsche to raise prices significantly to sustain 2022 profits
Porsche will impose “significant price increases” on its cars in the middle of this year to keep its profits high, its chief financial officer has told investors. The Volkswagen Group-owned company also said it would price its future electric versions of the Porsche Macan, Porsche 718 Boxster and Porsche Cayenne 10-15% higher than ICE versions, which will remain on… Continue reading Porsche to raise prices significantly to sustain 2022 profits
Arrival receives £250m cash injection amid cost-cutting drive
EV start-up Arrival has been granted a $300 million (£246.8m) financing line by New York-based bank Westwood Capital. Combined with swingeing cuts aimed at reducing Arrival’s quarterly cash spend to $35m (£28.8m) and excluding investments in XL van production, this gives the start-up sufficient capital to stay afloat until late 2023. Those cuts include slashing its… Continue reading Arrival receives £250m cash injection amid cost-cutting drive
Aptera gets California Energy Commission’s $21m grant to produce solar EVs
San Diego-based Aptera Motors has been approved for a $21 million (Rs 174 crore) grant from the California Energy Commission (CEC) to add critical capacity to accelerate scaled manufacturing of the Aptera zero emission vehicle (ZEV). Aptera is a two-seat, ultra-efficient solar EV, leveraging embedded solar panel power for up to 40 miles / 64 kilometres of… Continue reading Aptera gets California Energy Commission’s $21m grant to produce solar EVs
Aptera gets California Energy Commission’s $21m grant to produce solar EVs
San Diego-based Aptera Motors has been approved for a $21 million (Rs 174 crore) grant from the California Energy Commission (CEC) to add critical capacity to accelerate scaled manufacturing of the Aptera zero emission vehicle (ZEV). Aptera is a two-seat, ultra-efficient solar EV, leveraging embedded solar panel power for up to 40 miles / 64 kilometres of… Continue reading Aptera gets California Energy Commission’s $21m grant to produce solar EVs
Continental and Infineon develop new E/E architecture for software-defined vehicle architecture for SDVs
Continental and Infineon develop new E/E architecture for software-defined vehicle architecture for SDVs Continental and semiconductor manufacturer Infineon Technologies have partnered in the development of server-based vehicle architectures. The goal is an organised and efficient electrics/electronics (E/E) architecture with central high-performance computers (HPC) and a few, powerful Zone Control Units (ZCU) instead of up to… Continue reading Continental and Infineon develop new E/E architecture for software-defined vehicle architecture for SDVs
Lanxess expands production of Rhenodiv for tyre industry at Jhagadia
Specialty chemicals company Lanxess laid the foundation stone for its Business Unit Rhein Chemie’s new and upcoming production line for Rhenodiv new technology release agents at its Jhagadia site in Gujarat yesterday. With this facility, the business unit will serve the growing demand of the Indian tyre and rubber goods market. The new production line will feature… Continue reading Lanxess expands production of Rhenodiv for tyre industry at Jhagadia
Rivian is revisiting its exclusivity agreement with Amazon for EV delivery trucks
One of Amazon’s new electric delivery vans from Rivian gets ready to leave the Amazon Distribution Facility on Cyber Monday on November 28, 2022 in Aurora, Colorado. Rj Sangosti | Denver Post | Getty Images Rivian and Amazon are in discussions to adjust the exclusivity clause of their agreement for the EV maker’s electric delivery… Continue reading Rivian is revisiting its exclusivity agreement with Amazon for EV delivery trucks