Tag: Electric vehicles

Tesla will complete R&D center this year to design new $25,000 electric car

Tesla is on track this year to complete its new R&D center in Shanghai that will engineer and design its new $25,000 electric car. Tesla R&D center in China Just over a year ago, Tesla announced plans to establish a new R&D and design center in China to build “a Chinese-style” electric car. Tesla started taking… Continue reading Tesla will complete R&D center this year to design new $25,000 electric car

EV company with almost no revenue posts 3,000% gain in 8 months

There is nothing about the finances of Blink Charging Co. that would suggest it’s one of the hottest stocks in America. It’s never posted an annual profit in its 11-year history; it warned last year it could go bankrupt; it’s losing market share, pulls in anemic revenue and has churned through management in recent years.… Continue reading EV company with almost no revenue posts 3,000% gain in 8 months

UK used car market declines -14.9% as coronavirus lockdowns curb 2020 sales

Used car transactions fall -14.9% in 2020 with 6,752,959 units changing hands as coronavirus lockdowns curb activity. Weak end to year with Q4 transactions down -6.2% to round off a turbulent 2020 for the UK used car market. Alternatively fuelled vehicle used transactions rise 5.2% to 144,225 taking 2.1% market share. News comes as industry… Continue reading UK used car market declines -14.9% as coronavirus lockdowns curb 2020 sales

@VW Group: Well-balanced and sporty at the same time – the new Volkswagen ID.4 EV chassis

Feb 9, 2021 Complex axle construction, compact five-link suspension at the rear Electronic Stability Control as central unit for more agility and stability Aerodynamically optimized wheels, combination tires and powerful brakes Wolfsburg — Nimble in the city, agile on country roads, and relaxed on the highway: Volkswagen’s new ID.4 SUV is effortless and fun to… Continue reading @VW Group: Well-balanced and sporty at the same time – the new Volkswagen ID.4 EV chassis

@VW Group: ŠKODA AUTO produces 100,000th battery for models with plug-in hybrid drivetrain

Christian Bleiel, Head of Component Production at ŠKODA AUTO, said: “We have now reached the mark of 100,000 high-voltage traction batteries produced. This success is a great testament to our team’s high level of engineering expertise as well as the importance of our component production within the group: our batteries are not just used in… Continue reading @VW Group: ŠKODA AUTO produces 100,000th battery for models with plug-in hybrid drivetrain

@VW Group: Dynamic and high-caliber: the online world premiere of the Audi e-tron GT

With an energized driving demonstration and a world premiere featuring high-caliber participants, Audi has presented its new electric spearhead – the Audi e-tron GT. In two events on the digital Day of Progress, the Four Rings showcased the highlights of this fully electric gran turismo: dynamic driving performance, emotional design, and sustainability. “The e-tron GT is… Continue reading @VW Group: Dynamic and high-caliber: the online world premiere of the Audi e-tron GT

Jeep Teases Electric Wrangler BEV Concept SUV

Jeep has some concept car tricks up its proverbial sleeves for the 2021 Easter Jeep Safari in Moab, Utah, which kicks off March 27. Specifically, the brand plans to reveal an electric variant of its iconic Wrangler, which goes by the rather uncreative name of the Wrangler BEV—or battery-electric vehicle—concept. Likely one of the many… Continue reading Jeep Teases Electric Wrangler BEV Concept SUV

Norway’s Statkraft takes majority stake in Swedish EV charging firm

Together with Statkraft’s smaller existing Swedish charging business, the company will change its name to Mer Sweden, with current Bee CEO Fredrik Nordin taking the helm. OSLO: Norwegian utility Statkraft has agreed to buy a 51% stake in Swedish electric vehicle charging firm Bee Charging Solutions, seeking to benefit from Sweden’s nascent boom in the… Continue reading Norway’s Statkraft takes majority stake in Swedish EV charging firm

National Hydrogen Mission draft likely in the next two months: MNRE

In the Union Budger speech last week, Finance Minister Nirmala Sitharaman had spoken about the plan, but had not specified any details. MUMBAI: A National Hydrogen Mission is in the works and a draft is expected in the next two months, the Ministry of New and Renewable Energy (MNRE) said on Tuesday. MNRE secretary Indu… Continue reading National Hydrogen Mission draft likely in the next two months: MNRE