Ionic Materials Raises $65 Million For Revolutionary Polymer Electrolyte

Ionic Materials, a company backed by Bill Joy and the automotive Alliance of Nissan, Renault and Mitsubishi, raised $65 million in Series C funding round. Ionic Materials Investors are attracted by the promise of a revolutionary polymer electrolyte for solid-state batteries that offers high conductivity at room temperature. Using the new electrolyte would enable production of… Continue reading Ionic Materials Raises $65 Million For Revolutionary Polymer Electrolyte

Bernd Osterloh in the interview – boss must “sometimes even on the table”: VW works council boss demands of Diess taut leadership

All articles and backgrounds 04/19/2018 Interview with Bernd Osterloh – boss has to “hit the floor sometimes” VW works council chief demands from Diess tighter leadership REUTERS Bernd Osterloh: “I do not need anyone to put Herbert Diess on the chain” Volkswagen works council chief Bernd Osterloh expects the new boss Herbert Diess to streamline… Continue reading Bernd Osterloh in the interview – boss must “sometimes even on the table”: VW works council boss demands of Diess taut leadership

Interview with Bernd Osterloh – boss has to “hit the floor” too: VW works council chief demands of Diess tighter leadership

All articles and backgrounds 04/19/2018 Interview with Bernd Osterloh – boss has to “hit the floor sometimes” VW works council chief demands from Diess tighter leadership REUTERS Bernd Osterloh: “I do not need anyone to put Herbert Diess on the chain” Volkswagen works council chief Bernd Osterloh expects the new boss Herbert Diess to streamline… Continue reading Interview with Bernd Osterloh – boss has to “hit the floor” too: VW works council chief demands of Diess tighter leadership

China’s Lishen plans first European sales office for electric vehicle batteries: Source

By Yilei Sun and Andreas Cremer LONDON: Chinese battery maker Tianjin Lishen plans to open a sales office in Germany, its first in Europe, and is in talks to supply local auto makers with batteries used to power electric vehicles, a source at the company told Reuters. Two sources said Volkswagen, the world’s largest car… Continue reading China’s Lishen plans first European sales office for electric vehicle batteries: Source

As the electric car start-up Byton positioned: “A smart device on wheels – that’s the new”

All articles and backgrounds 04/23/2018 How the electric car start-up Byton positions itself “A smart device on wheels – that’s the new one” AP The first electric SUV prototype from Byton: The production model should be almost identical, it says at the start-up From the end of 2019, the Chinese start-up Byton wants to drive… Continue reading As the electric car start-up Byton positioned: “A smart device on wheels – that’s the new”

NIO Capital Said Raising $500M Offshore Fund For Auto Investment

NIO Capital, a private equity fund established by Chinese electric car company NIO, is close to completing the first round of a US$500 million offshore fund that will invest in new automotive technologies, according to media reports. NIO Capital did not immediately respond to China Money Network’s email seeking for comment. The company is in… Continue reading NIO Capital Said Raising $500M Offshore Fund For Auto Investment

Electrify America maps out charging network to rival Tesla Superchargers

Mark 2018 as the year that practical, widespread electric-car charging really started coming to America. We’ve had a lot of news about new charging networks coming to the U.S., and the news doesn’t look like it will be slowing down any time soon. Following the announcement last week that 100 Walmart stores would get electric… Continue reading Electrify America maps out charging network to rival Tesla Superchargers

Nissan will implement its new ‘retail concept’ in more than 9,000 dealerships until 2022

Posted 04/23/2018 14: 46: 33CET In Spain, the firm has 29 renovated facilities and it is expected that this year one third of the total number of dealers in the national market will be reached YOKOHAMA (JAPAN), 23 Apr (EUROPA PRESS) – The automobile company Nissan will implement its new ‘retail concept’ in the more… Continue reading Nissan will implement its new ‘retail concept’ in more than 9,000 dealerships until 2022

Dana Unveils Comprehensive Strategy for Electrification in Construction, Off-Highway Markets

PARIS, April 23, 2018 /PRNewswire/ — Dana Incorporated (NYSE: DAN) today revealed new technologies in support of the rapidly evolving development of hybrid- and electric-powered construction and other off-highway vehicles at Intermat, the international exhibition for the civil engineering and structural building industries. Consistent with its approach in other vehicle markets, Dana’s strategy enables original-equipment manufacturers… Continue reading Dana Unveils Comprehensive Strategy for Electrification in Construction, Off-Highway Markets

GM Korea reaches tentative wage deal, avoids bankruptcy

SEOUL (Reuters) – General Motors Co’s South Korean unit on Monday said it has reached a tentative wage deal with its labor union, meeting a key condition laid down by the U.S. automaker to prevent it filing for bankruptcy for the money-losing operation. Kaher Kazem (L), chief executive of GM Korea, and Barry Engle (2nd… Continue reading GM Korea reaches tentative wage deal, avoids bankruptcy