Wireless charging provider WiTricity raises $34 million in venture capital

Wireless power transfer specialist WiTricity has closed a $34-million investment round. Stage 1 Ventures led the round, and investors included Air Waves Wireless Electricity and Mitsubishi Corporation (Americas). The infusion of capital will enable WiTricity to continue its wireless power platform development and expand its intellectual property portfolio. WiTricity is actively engaged with key standards… Continue reading Wireless charging provider WiTricity raises $34 million in venture capital

Valmet Automotive expands production capacity of battery packs in Salo

Valmet Automotive is extending the battery plant in Salo, Finland after less than 12 months of operation to meet the needs of increased production volumes of battery packs. The extension will increase the production capacity of battery packs and double the number of employees in the next few years. The construction work has already started and will… Continue reading Valmet Automotive expands production capacity of battery packs in Salo

@niche: KARMA AUTOMOTIVE ANNOUNCES NEW DEALER PARTNER IN SAN ANTONIO, TEXAS000254

VIEW ALL () x Nov 03,2020 IRVINE, Calif. (Nov. 3, 2020)– Karma Automotive announced today the opening of the latest addition to its Texas dealer network: Principle Karma at San Antonio, Texas. Principle Karma serves the greater San Antonio metropolitan area, and its opening supports the company’s continuing expansion of its dealer network into key urban and… Continue reading @niche: KARMA AUTOMOTIVE ANNOUNCES NEW DEALER PARTNER IN SAN ANTONIO, TEXAS000254

World NM: VW could make EU CO2 targets by “a gram or so,” says CEO000370

German automotive giant Volkswagen will make the new EU carbon emissions limits within just “a gram or so” even if its low-emission vehicles sales are lower than expected due to the pandemic. The fines for missing emissions targets are high – €95 for every gram of CO2 per kilometre over the limit, multiplied by the number of… Continue reading World NM: VW could make EU CO2 targets by “a gram or so,” says CEO000370

Honda joins Fiat in paying Tesla for Europe C02 compliance

Honda Motor Co. joined Fiat Chrysler Automobiles NV in pooling its fleet with Tesla Inc.’s to comply with emissions standards for passenger cars in Europe this year. Honda was newly added as of last week to a European Commission filing in which manufacturers declare their intent to jointly meet greenhouse-gas emissions standards. The Japanese automaker’s… Continue reading Honda joins Fiat in paying Tesla for Europe C02 compliance

@Honda: HONDA ISSUES EUROPEAN ENVIRONMENTAL REPORT 2020

Honda Motor Europe today issued its European Environmental Report 2020, summarising the results of the company’s environmental initiatives in the region for the fiscal year from April 1st 2019 to March 31st 2020 (FY2019). The publication of the European Environmental Report 2020 is part of Honda’s commitment to disclosing information on its environmental policies and… Continue reading @Honda: HONDA ISSUES EUROPEAN ENVIRONMENTAL REPORT 2020

VOXX Electronics Launches VOXX Power Systems™, An Installed Battery-Backup Solution for Your Vehicle

ORLANDO, Fla., Nov. 3, 2020 /PRNewswire/ — VOXX Electronics Corporation (VEC), a wholly-owned subsidiary of VOXX International Corporation (NASDAQ: VOXX), is proud to announce the launch of its VOXX Power Systems™ (VPS), an intelligent battery-backup system for automotive, marine, motorcycle and powersport applications that gives the consumer the power they need, when they need it most by allowing them… Continue reading VOXX Electronics Launches VOXX Power Systems™, An Installed Battery-Backup Solution for Your Vehicle

Hyundai Motor America Reports October 2020 Sales

FOUNTAIN VALLEY, Calif., Nov. 3, 2020 /PRNewswire/ — Hyundai Motor America reported total October sales of 57,395 units, a 1% increase compared with October 2019. Retail sales were up 10%. Hyundai fleet sales were down 45% and represented 9% of total volume. “October was the second straight month with double digit Hyundai retail sales growth as… Continue reading Hyundai Motor America Reports October 2020 Sales

Volkswagen to roll out 8 ID. family electric models in China by 2023

By Reuters Staff 1 Min Read FILE PHOTO: Volkswagen logo is seen at the LA Auto Show in Los Angeles, California, U.S., November 20, 2019. REUTERS/Lucy Nicholson SHANGHAI (Reuters) – Volkswagen AG VOWG_p.DE will roll out eight ID. family electric models in China, the world’s biggest auto market, by 2023, its China chief Stephan Woellenstein… Continue reading Volkswagen to roll out 8 ID. family electric models in China by 2023

@Hyundai: The New Future of Electric Sports Cars: EV Concept RM20e

Play Hyundai Motor Company has been working on the project RM, which aims to develop high-performance technologies, and unveiled RM20e, the fifth model of the project. Being the first high-performance electric vehicle, RM20e will be an important milestone towards the mass production of high-performance N electric vehicles. Hyundai has revealed a hint of its future… Continue reading @Hyundai: The New Future of Electric Sports Cars: EV Concept RM20e