NINGDE, China, July 31, 2020 /PRNewswire/ — Contemporary Amperex Technology Co. Limited (CATL) <300750.SZ> and Trailer Dynamics GmbH (Trailer Dynamics) have signed a battery supply agreement for a new way to electrify long-haul trucks. According to the agreement, CATL will develop, manufacture, and supply batteries for the Newton eTrailer, which will launch in 2023 to… Continue reading CATL to supply batteries to Trailer Dynamics to accelerate road transport electrification in Europe
Tag: Electric vehicles
Daimler flags recovery signs, sees Mercedes-Benz EBIT rising this year
FRANKFURT (Reuters) – Daimler (DAIGn.DE) on Thursday flagged signs of recovering demand for top-end Mercedes-Benz models and electric vehicles, sending its shares higher. FILE PHOTO: Mercedes logo is seen as Ola Kaellenius, CEO of German luxury car manufacturer Daimler AG, speaks at the annual results news conference in Stuttgart, Germany, February 11, 2020. REUTERS/Andreas Gebert… Continue reading Daimler flags recovery signs, sees Mercedes-Benz EBIT rising this year
Toyota to invest and partner with BluE Nexus to drive EV sales
Japanese carmaker Toyota Motor Corp has collaborated with BluE Nexus to prepare for the accelerated adoption of electrified vehicles. As per the understanding the companies will work together to increase their competitiveness in products related to electrification as well as to fortify their sales structure, including their technical support and services, among others, rendered to… Continue reading Toyota to invest and partner with BluE Nexus to drive EV sales
@VW Group: Volkswagen brand with effective crisis management in the first half of the year
Business at the Volkswagen Passenger Cars brand was significantly impacted by the global Covid-19 pandemic in the first half of 2020. However, effective countermeasures reduced the impact of the crisis. Through strict cost management the brand substantially reduced its general overhead costs, expenditures for research and development and capex year-on-year. In addition, production was strictly… Continue reading @VW Group: Volkswagen brand with effective crisis management in the first half of the year
Shares of China’s Tesla challenger soar on New York debut
ByteDance-backed Li Auto tests sentiment after Luckin fiasco and US-China tensions Go to Source
Tesla surprisingly lists Model Y Long Range RWD for $48,000
Tesla added the Model Y Long Range RWD to its loan calculator – listing a surprising price of $48,000 for the new version of the electric SUV. Currently, Tesla only offers the Model Y in two versions: Long Range All-Wheel-Drive and Performance. When Tesla launched the Model Y back in March of 2019, the company… Continue reading Tesla surprisingly lists Model Y Long Range RWD for $48,000
Tesla battery supplier LG Chem shares jump 10% on upbeat outlook
SEOUL (Reuters) – LG Chem, an electric vehicle battery supplier for Tesla, Volkswagen (VOWG_p.DE) and others, said on Friday it expects profitability in its battery business to rise in the second half, helping shares surge nearly 10%. “Sales are expected to grow and profitability is expected to remain robust thanks to greater EV shipments for… Continue reading Tesla battery supplier LG Chem shares jump 10% on upbeat outlook
Hi Group Develops Vanadium Redox Flow Battery
A South Korean small and medium-sized company developed vanadium redox flow battery that does not have any fire risk and can be used for a long period of time and built a testing center to commercialize the battery. This development and commercialization are expected to vitalize South Korea’s energy storage system (ESS) industry that has… Continue reading Hi Group Develops Vanadium Redox Flow Battery
Kandi Reveals America’s Most Affordable Electric Cars: Pre-Sales Start in August
Kandi America, the U.S. subsidiary of Chinese electric vehicle manufacturer Kandi Technologies Group, Inc., announced that it’s entering the U.S. market with the most affordable EVs. The live virtual launch event at drivekandi.com is scheduled for August 18 to kick-off pre-sales. The two first models – K27 and K23 will be available for pre-order with a… Continue reading Kandi Reveals America’s Most Affordable Electric Cars: Pre-Sales Start in August
Tesla batteries to get 20% energy density increase –Panasonic
Panasonic says that Tesla’s ‘2170’ batteries produced at Gigafactory Nevada are going to get a 20% increase in energy density over the next five years, which could result in significant performance improvements. Tesla has been partnering with Panasonic to produce a new 2170-format battery cell at Gigafactory Nevada. Panasonic produces the battery cells, but Tesla… Continue reading Tesla batteries to get 20% energy density increase –Panasonic