UK car production falls -20.1% in worst January since 2009 with 68,790 units leaving factory gates. Production for overseas and domestic markets down -17.5% and -30.8% respectively. Battery electric vehicle production up a third, with one in 11 cars rolling off factory lines zero emission. UK car production fell -20.1% to 68,790 units last month,… Continue reading Supply chain shortages squeeze January car output but EV surge brightens outlook
Tag: Electric vehicles
FlexGen’s containerized energy storage system minimizes demand charges for EV charging
FlexGen Power Systems, a provider of energy storage systems and related software, has launched a new system called Plug & Play FlexGen EV Charging Services, which uses the company’s updated HybridOS 9.3 energy management system platform. FlexGen’s EV charging solution provides a containerized energy storage system that’s designed to optimize energy consumption to ensure maximum… Continue reading FlexGen’s containerized energy storage system minimizes demand charges for EV charging
Kia EV6 buyers to receive 1,000 kWh free charging from Electrify America
Buyers of the new Kia EV6 will receive 1,000 kWh of complimentary charging at any Electrify America station across the US—which translates to approximately 3,500 to 4,000 miles of electric driving—within three years from the date of purchase. EV6 buyers will receive an enrollment code through the Kia Connect in-car telematics system, and will be… Continue reading Kia EV6 buyers to receive 1,000 kWh free charging from Electrify America
‘A really bad deal’: Michigan awards GM $1bn in incentives for new electric cars
‘A really bad deal’: Michigan awards GM $1bn in incentives for new electric cars Automakers’ history of taking fat subsidies and overpromising job growth make some analysts skeptical of the deal An assembly line at General Motors’ plant in Detroit. Photograph: Mandel Ngan/AFP/Getty Images An assembly line at General Motors’ plant in Detroit. Photograph: Mandel… Continue reading ‘A really bad deal’: Michigan awards GM $1bn in incentives for new electric cars
Jeep to launch two new SUVs in India to boost sales, article with image
The logo of Jeep is seen on a steering wheel of the 2015 Jeep Grand Cherokee on a car dealership in New Jersey, July 24, 2015. REUTERS/Eduardo Munoz Register now for FREE unlimited access to Reuters.com Register NEW DELHI, Feb 25 (Reuters) – Stellantis’ (STLA.MI) Jeep will launch two new sport-utility vehicles (SUVs) in India… Continue reading Jeep to launch two new SUVs in India to boost sales, article with image
@niche: Veteran Electric Vehicle Executive Steve Ivsan Joins Xos, Inc. as Head of Program Management001669
LOS ANGELES, Feb. 24, 2022 (GLOBE NEWSWIRE) — Xos, Inc. (NASDAQ: XOS), a leading manufacturer of Class 5 through Class 8 battery-electric vehicles and powertrains, and provider of charging infrastructure and fleet management software, today announced Steve Ivsan has joined the company as Head of Program Management. Mr. Ivsan will be responsible for defining the… Continue reading @niche: Veteran Electric Vehicle Executive Steve Ivsan Joins Xos, Inc. as Head of Program Management001669
Singapore-based micromobility startup Beam secures $93M Series B, enters new markets
Beam, a Singaporean shared micromobility operator, announced today that it has raised $93 million in a Series B round to accelerate growth into new countries in Asia. The fresh capital, which brings its total funding raised to $135 million, was led by Affirma Capital, with participation from Sequoia Capital India, Hana Ventures, ICT Capital, EDB… Continue reading Singapore-based micromobility startup Beam secures $93M Series B, enters new markets
Rivian ‘making progress’ on production ramp-up, sets market share goal
Rivian shares closed up 10.7%. By Ben Klayman DETROIT: Rivian Automotive is “making progress” in the increase of production of electric vehicles at its Normal, Illinois, assembly plant and is aiming to take 10% share in the EV market by 2030, Chief Executive R.J. Scaringe said on Thursday. “We’re absolutely making progress,” he said during… Continue reading Rivian ‘making progress’ on production ramp-up, sets market share goal
SEC opens investigation into Elon Musk over possible insider trading
Elon Musk isn’t about to catch a hoped-for break from the SEC any time soon. Sources for The Wall Street Journal claim the SEC is investigating whether Musk and his brother Kimbal violated insider trading regulations with recent share sales. Officials are concerned Elon might have told Kimbal he planned to ask Twitter followers about… Continue reading SEC opens investigation into Elon Musk over possible insider trading
Rivian ‘making progress’ on production ramp-up, sets market share goal, article with image
R.J. Scaringe, Rivian’s 35-year-old CEO, introduces his company’s R1T all-electric pickup and all-electric R1S SUV at Los Angeles Auto Show in Los Angeles, California, U.S. November 27, 2018. REUTERS/Mike Blake Register now for FREE unlimited access to Reuters.com Register DETROIT, Feb 24 (Reuters) – Rivian Automotive (RIVN.O) is “making progress” in the increase of production… Continue reading Rivian ‘making progress’ on production ramp-up, sets market share goal, article with image