The rejection of the VW bid comes as car rental companies have experienced a reversal of fortune since the pandemic lows one year ago. Photo courtesy of Europcar. Europcar Mobility Group has rejected a bid for its takeover, according to a statement by the company. “After studying this proposal carefully, the Board of Directors of the… Continue reading Europcar Rejects Takeover Bid
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Tesla signs new battery cell agreement with CATL in race to secure large battery supply
Tesla has signed a new long-term battery cell agreement with CATL, China’s biggest battery manufacturer, amid the race to secure a large battery supply in the auto industry. The electric vehicle revolution is in need of an insane amount of batteries in order to keep growing at a high pace. New production capacity is being… Continue reading Tesla signs new battery cell agreement with CATL in race to secure large battery supply
Chinese EV battery maker Envision to build $2.4bn plant for Renault
SHANGHAI — Chinese green tech company Envision Group plans to invest 2 billion euros ($2.4 billion) in a battery plant in France to supply Renault Group, underlining how Asian companies are aiming for a major slice of Europe’s electric vehicle supply chain. Envision and the French automaker — which is in a car making alliance… Continue reading Chinese EV battery maker Envision to build $2.4bn plant for Renault
Prologue, Honda’s first electric SUV, is coming to market in 2024
Honda said Monday it will sell its first electric SUV in North America in early 2024, part of the automaker’s push to shift away from gas-powered vehicles before the middle of the decade. The new car’s name, Prologue, is meant to signify the beginning of what the company called its “new electrified era.” Prologue is… Continue reading Prologue, Honda’s first electric SUV, is coming to market in 2024
The Station: Quanergy and Embark to go public via SPAC, Spin and Bird announce fresh launches
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello and welcome back to The Station, a weekly newsletter dedicated to all the ways people and packages move (today and in the future) from Point A to… Continue reading The Station: Quanergy and Embark to go public via SPAC, Spin and Bird announce fresh launches
@Geely: LEVC unveils world’s first electric campervan
LEVC reveals first impressions of its new leisure vehicle, the new e-Camper. The world’s first electric campervan, e-Camper is optimised to offer both zero-emission capability with zero range anxiety – making it the perfect way to explore the great outdoors with the benefit of low environmental impact. Joerg Hofmann, LEVC CEO, commented: “The campervan… Continue reading @Geely: LEVC unveils world’s first electric campervan
@Renault: RENAULT GROUP: Renault Group places France at the heart of its industrial strategy for EV batteries000241
Renault Group places France at the heart of its industrial strategy for EV batteries PRESS RELEASEJune 28th, 2021 Renault Group announces the signing of two major partnerships in the field of the design and production of Electric Vehicles batteries: Renault Group enters into a strategic partnership with Envision AESC as it sets up a gigafactory in… Continue reading @Renault: RENAULT GROUP: Renault Group places France at the heart of its industrial strategy for EV batteries000241
@Honda: New Honda Prologue SUV Begins Next Chapter in EV Direction in North America
New Honda Prologue EV to go on sale in North America in MY2024 as highly competitive SUV with functionality expected by Honda customers “Prologue” model name symbolizes 1st in a new series of volume Honda BEV models Honda targets 100% of auto sales in North America to be full electric by 2040 Honda initiates communication… Continue reading @Honda: New Honda Prologue SUV Begins Next Chapter in EV Direction in North America
New Honda Prologue SUV Begins Next Chapter in Brand’s EV Direction in North America
In addition to the Honda Prologue, the company will introduce an all-electric Acura SUV in the 2024 calendar year. Both will utilize the highly flexible global EV platform powered by Ultium batteries based on the company’s strategic partnership with General Motors. Honda also plans to launch a new series of EV models in the second half of… Continue reading New Honda Prologue SUV Begins Next Chapter in Brand’s EV Direction in North America
Maxus sells 750 electric vans to delivery firm in UK
French-owned delivery company DPD has placed an order for 750 Maxus electric vans. [Photo provided to chinadaily.com.cn] Maxus, a subsidiary of China’s largest carmaker SAIC Motor, is shipping 750 electric vans to French-owned delivery company DPD for its fleet in the United Kingdom. The order for 500 larger 3.5-tonne vans and 250 smaller ones is… Continue reading Maxus sells 750 electric vans to delivery firm in UK