Tag: Electric vehicles

Advance Auto Parts (AAP), Bridgestone Team Up for DieHard Batteries

Advance Auto Parts AAP recently announced a multi-year agreement with Bridgestone Retail Operations, per which the latter will stock Advance’s DieHard batteries in its more than 2,200 tire and vehicle service centers across the United States. Headquartered in Nashville, TN, Bridgestone Retail Operations is a subsidiary of Bridgestone Americas, Inc, and operates more than 2,200… Continue reading Advance Auto Parts (AAP), Bridgestone Team Up for DieHard Batteries

Autos & Transportation · 2:33 PM UTCVolvo Cars gears up for $20 bln IPO in coming weeks, sources sayChina’s Geely Holding (GEELY.UL) is in advanced di…

A Pure Electric sign is seen above a Volvo vehicle displayed during a media day for the Auto Shanghai show in Shanghai, China April 20, 2021. REUTERS/Aly Song/File Photo STOCKHOLM, Sept 15 (Reuters) – China’s Geely Holding (GEELY.UL) is in advanced discussions with banks to list its Volvo Cars unit in the coming weeks, three… Continue reading Autos & Transportation · 2:33 PM UTCVolvo Cars gears up for $20 bln IPO in coming weeks, sources sayChina’s Geely Holding (GEELY.UL) is in advanced di…

IVECO and Nikola sign MoU with Hamburg Port Authority for Zero-Emission Class 8 Battery-Electric Trucks

The first phase involves testing of the Nikola Tre BEVs at the port for transport and logistics operations together with high-performance charging solutions. A more definitive second phase in the project partnership plans to see the full integration of the BEV vehicles in port operations, installation of charging infrastructure and on-site service support including major… Continue reading IVECO and Nikola sign MoU with Hamburg Port Authority for Zero-Emission Class 8 Battery-Electric Trucks

German Handelsblatt: IPO: Vitesco goes public: Eleven facts about the spin-off from Continental002915

Electric car powered by Vitesco Vitesco relies on electric drives – but so far does around 90 percent of its business with combustion engines. (Photo: Vitesco) Frankfurt Before the “Dax 40” comes the “Dax 31”. On Thursday, the automotive supplier Continental spun off its drive division and listed it on the stock exchange. Then Vitesco… Continue reading German Handelsblatt: IPO: Vitesco goes public: Eleven facts about the spin-off from Continental002915

Hyundai, Kia to develop solar energy storage system using recycled EV batteries

OCI Solar Power, one of the largest utility-scale solar energy developers in Texas, CPS Energy, USA’s largest municipally-owned, fully-integrated electric and natural gas utility, and the Hyundai Motor Group, which includes Hyundai and Kia, have signed an MoU to test recycled electric vehicle (EV) batteries for solar energy storage. By September 2022, the parties plan… Continue reading Hyundai, Kia to develop solar energy storage system using recycled EV batteries

@niche: Workhorse dismisses its legal challenge to USPS contract award001232

By David Shepardson WASHINGTON (Reuters) -Electric vehicle company Workhorse Group voluntarily dismissed on Tuesday its legal challenge against a U.S. Postal Service (USPS) move to award a multibillion-dollar contract to Oshkosh Defense for delivery vehicles. The 10-year contract announced in February could be worth more than $6 billion and allows for delivery of between 50,000… Continue reading @niche: Workhorse dismisses its legal challenge to USPS contract award001232

New-Vehicle Prices Surge to Record Highs — Five Months in a Row

Industry Average Transaction Price v. Industry Average Incentive Spend as % of ATP. Graph: Kelly Blue Book / Cox Automotive New-vehicle prices hit another all-time high in August 2021, marking the fifth straight record-setting month, according to a new report from Kelley Blue Book released Sept. 14. At $43,355, the average transaction price (ATP) for… Continue reading New-Vehicle Prices Surge to Record Highs — Five Months in a Row

South Korea’s LGES, Hyundai Motor start work on Indonesian EV battery plant

Hyundai Motor Group and LGES expect to develop in Indonesia a battery industry, as well as assembly plants for EVs and recharging infrastructure. South Korea’s LG Energy Solution (LGES) and Hyundai Motor Group have started construction on a $1.1 billion plant to make batteries for electric vehicles (EVs) in Indonesia, amid a push by the… Continue reading South Korea’s LGES, Hyundai Motor start work on Indonesian EV battery plant

@VW Group: Battery cells are the combustion chamber of the future003830

07/09/2021 Porsche is taking on responsibility for future generations. As early as 2030, more than 80 per cent of the sports car manufacturer’s vehicles are to be offered with an electric motor. Sustainability is firmly anchored in the company’s strategy as a basic principle: “As a car manufacturer, Porsche aims to achieve a carbon-neutral balance… Continue reading @VW Group: Battery cells are the combustion chamber of the future003830