– Technology demonstrates BorgWarner’s extensive systems integration capabilities – Unique, compact system enables hybridization and CO2 reduction – SOP slated for Q3 2023 across multiple platforms AUBURN HILLS, Mich., Oct. 14, 2021 /PRNewswire/ — BorgWarner’s fully integrated P3 hybrid drive module will soon be powering a variety of front-wheel and AWD SUVs for a major… Continue reading BorgWarner Secures Substantial P3 Drive Module Win
Tag: Electric vehicles
Honda unveils first electric SUVs and three bold concepts
Honda has revealed its first electric SUV for the Chinese market – along with three bold new concept vehicles that will all lead to production cars within the next five years. The Japanese firm has plans to launch 10 electric cars in China, which will all use the new e:N Series branding, in the next five years. It also says… Continue reading Honda unveils first electric SUVs and three bold concepts
@Daimler: Paving the way for sustainable mobility: bp, BMW Group and Daimler Mobility announce successful closing of transaction
DCS offers industry leading solutions to provide EV drivers with seamless access to more than 300,000 charging points in 30 countries. bp will provide DCS customers access to an additional 9,000 charging points across Europe including ultra-fast charging and together with DCS, will develop new integrated offers for fleets – including fuel and charge services… Continue reading @Daimler: Paving the way for sustainable mobility: bp, BMW Group and Daimler Mobility announce successful closing of transaction
Bird Announces Upsizing of Vehicle Financing Credit Facility with Apollo to $150 Million
LOS ANGELES, Oct. 14, 2021 /PRNewswire/ — Bird Rides, Inc. (“Bird” or the “Company”), a leader in environmentally friendly electric transportation, today announced that it has secured commitments from Apollo Investment Corporation (NASDAQ: AINV) and MidCap Financial Trust (each managed or advised by Apollo Capital Management, L.P. or its affiliates, collectively “Apollo”) to upsize its existing $40… Continue reading Bird Announces Upsizing of Vehicle Financing Credit Facility with Apollo to $150 Million
@BMW: Battery power: BMW Group makes Coldplay world tour more sustainable001529
Munich. The collaboration between BMW and Coldplay will witness a new highlight. Following the successful hit “Higher Power” synced in the BMW i4/ix purpose film and the British band’s performance in the virtual world of BMW JOYTOPIA at the IAA Mobility in Munich, BMW will now provide the world’s first ever mobile, rechargeable show battery… Continue reading @BMW: Battery power: BMW Group makes Coldplay world tour more sustainable001529
@BMW: Paving the way for sustainable mobility: bp, BMW Group and Daimler Mobility announce successful closing of transaction that makes bp third shareholder of Digital Charging Solutions GmbH (DCS)001528
DCS offers industry leading solutions to provide EV drivers with seamless access to more than 300,000 charging points in 30 countries. bp will provide DCS customers access to an additional 9,000 charging points across Europe including ultra-fast charging and together with DCS, will develop new integrated offers for fleets – including fuel and charge services… Continue reading @BMW: Paving the way for sustainable mobility: bp, BMW Group and Daimler Mobility announce successful closing of transaction that makes bp third shareholder of Digital Charging Solutions GmbH (DCS)001528
TechnologyCommercial EV startup ELMS signs battery supply deal with CATL11:22 AM UTC
An Electric Last Mile Solutions UD-1 electric commercial van is seen in Auburn Hills, Michigan, U.S., in this undated photo. REUTERS/Ben Klayman DETROIT, Oct 14 (Reuters) – U.S. commercial electric vehicle maker Electric Last Mile Solutions Inc (ELMS) (ELMS.O) on Thursday said it has signed a battery supply deal with China’s Contemporary Amperex Technology Co… Continue reading TechnologyCommercial EV startup ELMS signs battery supply deal with CATL11:22 AM UTC
The battery materials fund that LG Chemparticipated invests KRW 79.9 billion in Daejoo Electronic Materials
<LG Chem Vice Chairman Hak-cheol Shinis announcing plans to foster and invest in three new growth engines at an online press conference in July. Photo provided by LG Chem> It is under the spotlight that the battery fund, in which LG Chem is participating as a key investor, has made an investment in Daejoo Electronic… Continue reading The battery materials fund that LG Chemparticipated invests KRW 79.9 billion in Daejoo Electronic Materials
BMW ready for any ban on fossil fuel-burning cars from 2030, CEO says
By Reuters Staff 1 Min Read FILE PHOTO: BMW German luxury carmaker new CEO Oliver Zipse, speaks at the 2019 Frankfurt Motor Show (IAA) in Frankfurt, Germany. September 10, 2019. REUTERS/Wolfgang Rattay/File Photo NUERTINGEN, GERMANY (Reuters) – Germany’s BMW will be ready for any ban on internal combustion engine (ICE) cars from 2030 onwards with… Continue reading BMW ready for any ban on fossil fuel-burning cars from 2030, CEO says
VW CEO Diess warns shift to EVs could cost 30000 jobs, report says – Automotive News Europe
BERLIN — Volkswagen Group CEO Herbert Diess told a supervisory board meeting in September that the company could lose 30,000 jobs if it transitioned too slowly to full-electric vehicles, two sources with knowledge of the matter told Reuters. Competition from new entrants to the industry such as Tesla has pushed the company to speed up… Continue reading VW CEO Diess warns shift to EVs could cost 30000 jobs, report says – Automotive News Europe