Battery Startup Ionic Materials Gets $65M Jolt From Nissan & Others

February 7th, 2018 Big automakers are betting that solid-state battery technology from Massachusetts-based startup Ionic Materials could eventually challenge the standard lithium-ion batteries used in today’s electric vehicles. Woburn, MA-based Ionic announced Wednesday it secured $65 million in a Series C funding round. The investors include Alliance Ventures—a venture capital fund backed by carmakers Nissan,… Continue reading Battery Startup Ionic Materials Gets $65M Jolt From Nissan & Others

Feature: How vehicle-to-grid technology could turn EVs into mobile power stations in the future

Vehicle-to-grid technology could be the next big thing for plug-in commercial vehicles. The future concept involves selling surplus energy from batteries – i.e. any range that is left at the end of the working day – back to the grid. Conceptually, this would be done at peak energy times, when costs are higher, and the… Continue reading Feature: How vehicle-to-grid technology could turn EVs into mobile power stations in the future

Renault-Nissan-Mitsubishi and DiDi Chuxing sign MOU to explore car-sharing partnership in China

World’s leading automotive alliance to explore future business opportunities with global transportation company Renault-Nissan-Mitsubishi, the world’s leading automotive alliance, today announced it has signed a memorandum of understanding with DiDi Chuxing (‘DiDi’), the leading Chinese mobile transportation platform, to explore future business cooperation on a new electric vehicle car-sharing program in the People’s Republic of… Continue reading Renault-Nissan-Mitsubishi and DiDi Chuxing sign MOU to explore car-sharing partnership in China

Daimler puts 2.5 billion euros in new vans

Daimler modernized a bestseller: 2.5 billion euros, the Group wants to spend on a new version of the Sprinter. From 2019, the van should also roll over the roads with an electric motor. Tuesday, 06.02.2018 19:38 clock The vehicle manufacturer wants to invest 2.5 billion euros Daimler to boost its van sales. The money will… Continue reading Daimler puts 2.5 billion euros in new vans

Volkswagen and Daimler report bottlenecks: Caught in the German electric car production hell

All articles and backgrounds 07/02/2018 Volkswagen and Daimler report bottlenecks trapped in German electric car production hell Volkswagen AG Gläserne Manufaktur in Dresden: This is where the E-Golf comes into being – in small numbers When it comes to e-Golf, Bernd Glathe is currently out of the picture. When customers look for the electric car… Continue reading Volkswagen and Daimler report bottlenecks: Caught in the German electric car production hell

China’s Didi Chuxing partners 12 automakers to build EV-sharing network

February 7, 2018 China’s Didi Chuxing is teaming up with 12 automakers including the Renault-Nissan-Mitsubishi alliance to build an electric-vehicle-sharing network in the world’s largest auto market. Didi, the dominant ride-hailing company in China, launched its car-sharing platform Wednesday, the Chinese startup said in a statement. China surpassed the U.S. as the top market for… Continue reading China’s Didi Chuxing partners 12 automakers to build EV-sharing network

Mitsubishi Motors Q3 profit jumps 19 fold to $865 mn

As part of the alliance that includes Nissan and Renault, Mitsubishi Motors is also targeting cost-savings of more than 100 billion yen over the next three years due to development and procurement efficiencies. TOKYO: Mitsubishi Motors Corp on Monday said its operating profit more than doubled during the third quarter as higher sales in Asia… Continue reading Mitsubishi Motors Q3 profit jumps 19 fold to $865 mn

Aston Martin CEO Andy Palmer on Aston’s Product Roadmap, Business Prospects

With the launch of its excellent DB11, Aston Martin sales spiked 56 percent in 2017, with more than 5,100 cars sold, the most the company has shifted since 2008. Aston’s leader from 2014, Englishman Andy Palmer, is strongly optimistic about the prospects for the company, founded in 1913, over its next century, as the onetime… Continue reading Aston Martin CEO Andy Palmer on Aston’s Product Roadmap, Business Prospects

Electromobility: Nissan plans more than 20 new electric vehicles

Electric car Nissan Leaf 2018: six new electric and hybrid models 2018 and 2019 (Image: Nisssan) Building more cars in China means more, too electric cars to build. The Japanese automaker Nissan wants to expand in China and is therefore planning to increase its portfolio of electric and hybrid vehicles. Electric Nissan for China: The… Continue reading Electromobility: Nissan plans more than 20 new electric vehicles

Daimler puts 2.5 billion euros in new transporter

Tuesday, 06/02/2018 19:38 clock The vehicle manufacturer wants to invest 2.5 billion euros Daimler to boost its van sales. The money will be used for the market launch of a new Sprinter model, which was presented in Duisburg. The billions go into the development, the production and sales measures – partly the money has already… Continue reading Daimler puts 2.5 billion euros in new
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