Ferguson, a North American distributor of plumbing and HVAC supplies, plans to conduct a fleet electrification pilot in partnership with Holman, a global automotive services organization, and Electrada, an electric fuel solutions company. The project will deliver a turnkey fleet management and electrification solution. In the first phase, Ferguson will add 30 class 6 through… Continue reading Fleet operator Ferguson partners with Holman and Electrada for electrification-as-a-service pilot
Tag: Electric vehicles
@Toyota: Further Investment on the Automotive Battery Factory in the US
Toyota Tsusho Corporation (“Toyota Tsusho”) has announced that Toyota Tsusho together with Toyota Motor North America, Inc (“TMNA”), an entity of Toyota Motor Corporation in the US, started its preparation for manufacturing automotive batteries at Toyota Battery Manufacturing, North Carolina (“TBMNC”). Further US$ 2.5 Billion (approx. 325 Billion Japanese Yen) is going to be invested… Continue reading @Toyota: Further Investment on the Automotive Battery Factory in the US
@Toyota: Toyota Announces $2.5 Billion Expansion of North Carolina Plant with 350 Additional Jobs and BEV Battery Capacity
Toyota’s global investment climbs up to $5.6 billion, supporting electrification efforts LIBERTY, N.C. (Aug. 31, 2022) – Toyota announced an additional investment of $2.5 billion in its newest North American facility, Toyota Battery Manufacturing North Carolina (TBMNC). This investment adds capacity to support battery electric vehicle (BEV) battery production and adds 350 jobs, bringing the total… Continue reading @Toyota: Toyota Announces $2.5 Billion Expansion of North Carolina Plant with 350 Additional Jobs and BEV Battery Capacity
@Toyota: Toyota to Invest Up to 730 Billion Yen in Japan/U.S. Battery Production
Toyota Motor Corporation (Toyota) has decided to invest up to 730 billion yen (approximately $5.6 billion) in Japan and the United States toward supplying automotive batteries for battery electric vehicles (BEVs), for which demand is growing, and aims to begin battery production between 2024 and 2026. This investment is aimed at enabling Toyota to flexibly… Continue reading @Toyota: Toyota to Invest Up to 730 Billion Yen in Japan/U.S. Battery Production
BYD readies base for Atto 3 launch in India
Chinese electric vehicle maker, BYD, is putting its building blocks in place for the Atto 3 which will be launched in the October-December quarter. This fully-born electric SUV built on the E3 platform is close to 4.5 metres long and already being retailed in Singapore, Australia and New Zealand. It will enter Japan in January 2023… Continue reading BYD readies base for Atto 3 launch in India
Toyota to invest $5.3bn to make EV batteries in U.S. and Japan
TOKYO — Toyota Motor announced on Wednesday that it will invest up to 730 billion yen ($5.3 billion) to expand production of batteries for electric vehicles in Japan and the U.S. in a move to meet increasing EV demand. The auto giant will invest 400 billion yen domestically in the plant of Prime Planet Energy… Continue reading Toyota to invest $5.3bn to make EV batteries in U.S. and Japan
BYD shares plunge as Warren Buffett trims stake in China EV maker
HONG KONG — Shares in BYD, China’s biggest maker of electric vehicles, plunged nearly 8% on Wednesday, performing worse than any other stock on the benchmark Hang Seng Index, after filings showed Warren Buffett’s Berkshire Hathaway trimmed its stake in the company. Berkshire sold 1.33 million shares in the automaker — just under 1% of its… Continue reading BYD shares plunge as Warren Buffett trims stake in China EV maker
After beating Tesla in China EV sales, BYD plots global expansion
GUANGZHOU — Top-selling Chinese electric-vehicle maker BYD has set its sights on expanding to more than 15 international markets after speeding past Tesla and other rivals at home. Just this month, BYD has announced retail moves into Sweden, Germany, Denmark, Israel and Thailand. Go to Source
The shift to electric vehicles is about to overwhelm meager US mining operations
Electric vehicles are very helpful for fighting climate change. But EVs need batteries, and batteries need minerals like nickel, cobalt, and lithium. The US has some of these minerals underground, and it wants to dig them up, expeditiously, so that it doesn’t have to rely as much on other countries, including China. But this is… Continue reading The shift to electric vehicles is about to overwhelm meager US mining operations
New 2026 Polestar 6 EV sells out one week after public debut
The Polestar 6 convertible electric sports car has sold out in its initial 500-car guise just one week after its public debut. Presented to crowds at The Quail and Pebble Beach in the US, the Polestar 6 will be launched in 2026. It appeared in the US in LA Concept edition guise – an exclusive first edition… Continue reading New 2026 Polestar 6 EV sells out one week after public debut