Renault – Page 1081 – I wish I had more to offer

Google Cloud lands Renault as analytics, machine learning, AI customer

Special feature The Rise of Industrial IoT Infrastructure around the world is being linked together via sensors, machine learning and analytics. We examine the rise of the digital twin, the new leaders in industrial IoT (IIoT) and case studies that highlight the lessons learned from production IIoT deployments. Read More Automaker Renault said it will… Continue reading Google Cloud lands Renault as analytics, machine learning, AI customer

SEAT urges Spain to ‘wake up’ and promote electric cars

BARCELONA (Reuters) – Spain needs to “wake up” and follow other European countries in giving more incentives for electric cars, the head of Volkswagen’s (VOWG_p.DE) Spanish brand SEAT said on Wednesday. Volkswagen’s Spanish unit SEAT brand acting chairman Carsten Isensee and Vice-President for Sales and Marketing Wayne Anthony Griffiths attend a news conference unveiling the… Continue reading SEAT urges Spain to ‘wake up’ and promote electric cars

US says Carlos Ghosn wired money to man who helped him flee Japan – ETAuto.com

The disclosure came less than a day after the men, Michael Taylor and his son Peter Taylor, who are trying to avoid extradition to Japan in connection with Ghosn’s escape, petitioned a U.S. judge to release them on bail. New York: Carlos Ghosn, the former Nissan Motor Co chairman, wired $862,500 last year to a… Continue reading US says Carlos Ghosn wired money to man who helped him flee Japan – ETAuto.com

Renault Is Launching European Charging Infrastructure Subsidiary

As the electrification progresses, Renault has decided to launch a new subsidiary entirely dedicated to helping professionals find charging solutions for their fleets. The new company is called Elexent and will operate across Europe in partnership with multiple other partners: Schneider Electric and Alfen among charging stations suppliers Snef for installations Izivia for service Once the… Continue reading Renault Is Launching European Charging Infrastructure Subsidiary

Ghosn wired $860,000 to alleged escape plotter’s firm, US says

David Yaffe-Bellany, Bloomberg Published 3:28 p.m. ET July 7, 2020 | Updated 3:31 p.m. ET July 7, 2020 Former Nissan Motor Co. chief Carlos Ghosn transferred more than $860,000 in October to a company managed by one of the men accused of helping him escape criminal charges in Japan two months later, U.S. prosecutors said.… Continue reading Ghosn wired $860,000 to alleged escape plotter’s firm, US says

Nissan secures $7.8 billion from creditors since April: filing

FILE PHOTO: A logo of Japan car manufacturer Nissan is pictured at a dealership Kyiv, Ukraine June 25, 2020. REUTERS/Valentyn Ogirenko/File Photo TOKYO (Reuters) – Nissan Motor Co (7201.T) has raised $7.8 billion in financing from its creditors since April as it tries to shore up its cash position in the face of falling sales… Continue reading Nissan secures $7.8 billion from creditors since April: filing

Obrist Mark II Could Be The Affordable Alternative To The Tesla Model 3

Getting everyone to drive an EV is not just a matter of will. Above all, it is a matter of (financial) possibilities and convenience. It is not enough to convince someone they will save a lot of money with an electric car if they cannot afford to buy one. That is the role the Nissan… Continue reading Obrist Mark II Could Be The Affordable Alternative To The Tesla Model 3

@Renault: LADA: results of the first half of the year

LADA sums up sales results over the first half of 2020. Despite the very negative trend due to the global pandemic and exchange rate fluctuations in April and May, LADA records start of gradually demand recovery on the market. From January to June, 140 623 passenger and light commercial LADA vehicles (8 027 of them… Continue reading @Renault: LADA: results of the first half of the year

LG Chem Secures Bigger Tesla Battery Contract

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Published on July 5th, 2020 |

by Zachary Shahan

LG Chem Secures Bigger Tesla Battery Contract

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July 5th, 2020 by Zachary Shahan

Global battery giant LG Chem has reportedly secured a bigger order of batteries from Tesla due to higher demand and an inability for Tesla to produce enough batteries for its cars on its own. At least, that’s the news out of Korea, where LG Chem is based, according to Reuters.

A source also told Reuters that Tesla was asking other battery producers (probably CATL and Panasonic) to increase battery supplies to help it meet growing consumer demand.

While it’s already been known that LG Chem is producing batteries in China for Tesla’s “Made-in China Model 3s,” one of the Reuters sources indicated that LG Chem is also changing over production lines in South Korea to produce batteries for Tesla.

As we’ve reported in recent weeks and as you can see in our chart above, the Tesla Model 3 is hugely popular in China and has been dominating the electric vehicle sales chart there this year. This follows Tesla recently ramping up mass production of the Made-in-China Model 3.

The Model 3 is also selling well in Europe, where it’s in a tight race with the Renault Zoe for the title of best selling plug-in vehicle in Europe, and in the United States, where it was the top selling vehicle of any kind or class in California in the 1st quarter.

The Reuters report did not indicate which factory the LG Chem would be headed to, but it would presumably be Tesla’s China gigafactory (Giga Shanghai), since Gigafactory 1 (Giga Nevada) should be producing enough batteries for Tesla’s vehicle production capacity in Fremont, California.

Aside from Tesla’s growth, LG Chem’s battery business has been growing like bamboo as European electric vehicle sales have exploded and EVs haven’t done too bad in a handful of other countries despite the coronavirus pandemic. Check out more recent LG Chem news to catch up on the company:

Recent LG Chem, CATL, & SK Innovation Battery News
LG Chem Has Begun Mass Production Of NCM712 Batteries In Poland
Hyundai, Kia, & LG Chem Plan To Suck The Blood Of EV & Battery Startups
19× More Invested In EVs & EV Batteries In Europe Last Year Than In 2018
LG Chem & Panasonic In Tight Race To Be #1 EV Battery Supplier, CATL Solidly #3
Work Begins On GM/LG Chem GigaPower Battery Factory
Lack Of Batteries Forces Audi To Curtail Production Of e-tron Electric SUV — Who Would’ve Predicted It?

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About the Author

Zachary Shahan is tryin' to help society help itself one word at a time. He spends most of his time here on CleanTechnica as its director, chief editor, and CEO. Zach is recognized globally as an electric vehicle, solar energy, and energy storage expert. He has presented about cleantech at conferences in India, the UAE, Ukraine, Poland, Germany, the Netherlands, the USA, Canada, and Curaçao.

Zach has long-term investments in Tesla [TSLA] — after years of covering solar and EVs, he simply has a lot of faith in this company and feels like it is a good cleantech company to invest in. But he does not offer (explicitly or implicitly) investment advice of any sort on Tesla or any other company.

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Mitsubishi Plug-In Car Sales In The U.S. Decreased In Q2 2020

Mitsubishi results for the second quarter of 2020 were significantly affected by the COVID-19 lockdown in the U.S., as the company reports 12,197 sales (down 58% year-over-year). The brands’ only plug-in model, the Mitsubishi Outlander PHEV, noted just 285 sales, which is 54% less than a year ago. Outlander PHEV share in overall volume amounted… Continue reading Mitsubishi Plug-In Car Sales In The U.S. Decreased In Q2 2020