Star Charge, an integrated solution provider for electric vehicle (EV) charging, has raised 855 million yuan ($125 million) in its Series A round jointly led by French global energy and automation digital solution developer Schneider Electric and Chinese CICC Capital’s sub-fund. The round also saw the participation of China Construction Bank’s Hong Kong-based investment arm… Continue reading Chinese EV charging operator Star Charge nabs $125m co-led by Schneider, CICC
Tag: Electric vehicles
Fisker Inc. To Establish New Technology Center In San Francisco
– ‘Source Code’ office will support design and engineering of software systems to support the Fisker Ocean SUV and future portfolio expansion products – Downtown San Francisco location configured to enable employees to work flexibly between remote and office bases LOS ANGELES, Sept. 24, 2020 /PRNewswire/ — Fisker Inc. – designer and manufacturer of the world’s most emotion-stirring,… Continue reading Fisker Inc. To Establish New Technology Center In San Francisco
German Handelsblatt: Car manufacturer saves drastically: Daimler could cut workforce in Berlin engine plant in half 000371
Daimler engine plant in Berlin Munich The car manufacturer Daimler is starting to cut clear in its German engine plants. After it became known on Wednesday that the Mercedes manufacturer wants to cut every fifth position at its headquarters in Stuttgart Untertürkheim, there is likely to be an even worse threat in Berlin Marienfelde. The… Continue reading German Handelsblatt: Car manufacturer saves drastically: Daimler could cut workforce in Berlin engine plant in half 000371
Volvo Cars readies first green bond to support electric car strategy
By Reuters Staff 2 Min Read FILE PHOTO: The logo of Swedish truck maker Volvo is pictured at the IAA truck show in Hanover, September 22, 2016. REUTERS/Fabian Bimmer STOCKHOLM (Reuters) – Volvo Cars, owned by China’s Geely Holding, said on Thursday it had established a new framework to help it fund its electrification strategy… Continue reading Volvo Cars readies first green bond to support electric car strategy
Intel: Mobileye, Geely to Offer Most Robust Driver-Assistance Features
Chinese automaker Geely Auto Group unveiled its premium electric vehicle, the Zero Concept from Lynk & Co, in September 2020 at the Beijing Auto Show. The Zero Concept EV will feature Lynk & Co’s CoPilot solution powered by Mobileye SuperVision surround-view advanced driver-assistance system with over-the-air update capabilities. (Credit: Geely Auto Group) BEIJING, Sept. 24,… Continue reading Intel: Mobileye, Geely to Offer Most Robust Driver-Assistance Features
India’s Ola Electric looks to locally assemble its upcoming electric two-wheelers
Ola Electric is expected to launch its electric two-wheelers in the European market, with production already live in the Netherlands. SoftBank-backed Ola Electric is currently in the process of finalising the structure of manufacturing units in India, and it is looking to reduce dependence on the global supply chain by setting up a fully indigenous… Continue reading India’s Ola Electric looks to locally assemble its upcoming electric two-wheelers
Lithium-ion battery cell cost to fall to $73 by 2030: IHS Markit
The average cost of a lithium-ion (Li-ion) battery cell, which is used to power electric vehicles and to provide flexibility in the power grid as more renewables, such as solar and wind, are added, will fall below $100 per kilowatt hour (kWh) in the next three years, according to a new analysis by IHS Markit.… Continue reading Lithium-ion battery cell cost to fall to $73 by 2030: IHS Markit
Factbox: Tesla could struggle to implement some of its battery advances, experts say
By Reuters Staff 3 Min Read FILE PHOTO: Tesla Model X electric cars recharge their batteries in Berlin, Germany, November 13, 2019. REUTERS/Fabrizio Bensch (Reuters) – The advanced battery cell design and new manufacturing processes outlined by Tesla Inc CEO Elon Musk are promising, battery experts say, but they questioned how quickly they can be… Continue reading Factbox: Tesla could struggle to implement some of its battery advances, experts say
SPI Energy skyrockets 4,300% after announcing launch of EV business
Drew Angerer/Getty Images Shares of SPI Energy soared as high as 4,345% on Wednesday after the solar company announced the launch of an electric vehicle business. The EV business will “focus on the design and develop of new EV technologies and plans to partner with major manufacturers, as necessary,” according to a press release. SPI… Continue reading SPI Energy skyrockets 4,300% after announcing launch of EV business
California will require all passenger vehicles sold in the state be zero-emission by 2035
California Governor Gavin Newsom issued an executive order on Wednesday requiring sales of all new passenger vehicles be zero-emission by 2035. The new order would be a huge boost for electric vehicles, and vehicles using alternative fuels like hydrogen, and could boost a sector that’s already surging in California. As an announcement from the California… Continue reading California will require all passenger vehicles sold in the state be zero-emission by 2035