@VW Group: Battery cells are the combustion chamber of the future003795

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 future003795

Chinese EV push into Europe sparks price competition

MUNICH — European automakers have begun to announce the rollout of affordable electric vehicles to counter the rise of Chinese competitors in their backyard. Volkswagen unveiled a compact EV, the ID Life, at the International Motor Show, which opened Tuesday and runs through Sunday in Munich. The model is due to go on sale in 2025… Continue reading Chinese EV push into Europe sparks price competition

Tesla is building a team of energy traders

Some people trade stocks, but Tesla wants to trade energy capacity. The company is building a new team of traders to do just that with its Autobidder platform. Autobidder is a real-time trading and control platform for energy assets, like Tesla’s Powerpacks, Powerwalls, and Megapacks, optimized through machine learning to better use and more directly monetize… Continue reading Tesla is building a team of energy traders

@Geely: Wed 08 Sep 2021Lotus reveals Emira GT4 race carFrom the road to the racetrack: resurgent Lotus motorsport division expands global commitment with Emir…

Lotus reveals all-new, competition-spec Emira GT4 contender Follows recent technical partnership with Extreme E racing team JBXE Hand-built GT4 race car features unique new motorsport livery Developed in partnership with RML Group Another milestone in ongoing Lotus transformation (Hethel, UK – 8 September 2021) – Lotus, one of the most famous names in world motorsport,… Continue reading @Geely: Wed 08 Sep 2021Lotus reveals Emira GT4 race carFrom the road to the racetrack: resurgent Lotus motorsport division expands global commitment with Emir…

Business · 8:12 AM UTCJPMorgan to buy majority stake in Volkswagen’s payments businessJPMorgan has struck a deal to buy a majority stake in German car…

Workers are reflected in the windows of the Canary Wharf offices of JP Morgan in London September 19, 2013. REUTERS/Neil Hall LONDON, Sept 8 (Reuters) – JPMorgan (JPM.N) has struck a deal to buy a majority stake in German car giant Volkswagen’s (VOWG_p.DE) payments business ahead of a planned rollout of in-car technology that allows… Continue reading Business · 8:12 AM UTCJPMorgan to buy majority stake in Volkswagen’s payments businessJPMorgan has struck a deal to buy a majority stake in German car…

@niche: Not Just Electric: Oshkosh Says Postal Trucks Purpose Built For Carriers001207

Oshkosh Defense has built electric vehicles for more than 20 years, but they’ve always been more or fewer one-offs for special purposes. That all changes with its multibillion-dollar order for new mail trucks that make up the largest fleet in the U.S. and maybe the world. “What we’ve seen happen in just the last few… Continue reading @niche: Not Just Electric: Oshkosh Says Postal Trucks Purpose Built For Carriers001207

Stellantis joint venture with China’s GAC to close one of two plants

The Changsha factory has capacity to make 164,000 vehicles a year, still far more than the venture sells. BEIJING – Stellantis NV’s Chinese venture with GAC will close one of its two factories in China by next March, GAC told Reuters, as Stellantis restructures operations in the world’s biggest auto market where it has struggled… Continue reading Stellantis joint venture with China’s GAC to close one of two plants

@BMW: The BMW i Vision AMBY.001435

Munich, Germany- September 07, 2021… With the BMW i Vision AMBY, the first high-speed pedelec for urbanists, the BMW Group is presenting a visionary two-wheeled solution for the urban mobility of tomorrow. From the outside, the BMW i Vision AMBY looks similar to an e-bike, but it offers significantly more possibilities. It is one of five… Continue reading @BMW: The BMW i Vision AMBY.001435

A new giant Tesla Megapack project is under construction in the UK

Tesla has started delivering new Megapack batteries for a giant new 99 MW/198 MWh energy storage project under construction in the UK. Almost exactly two years ago, Tesla launched the Megapack. It was Tesla’s third stationary energy storage product after the Powerwall and Powerpack. A single Megapack unit is a container-sized 3 MWh battery system with… Continue reading A new giant Tesla Megapack project is under construction in the UK

@Nio: NIO Inc. Announces At-The-Market Offering of American Depositary Shares000282

September 7, 2021 at 4:45 PM EDT SHANGHAI, China, Sept. 07, 2021 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market in China, today announced that it has filed a prospectus supplement to sell up to an aggregate of US$2,000,000,000… Continue reading @Nio: NIO Inc. Announces At-The-Market Offering of American Depositary Shares000282