The EU Commission has approved another major European project for battery production for electric cars. She classified the 2.9 billion euro investment project by twelve EU countries under German leadership as a so-called project of common European interest, as the Commission Vice-President Margrethe Vestager (52) in charge of competition said in Brussels on Tuesday. This… Continue reading German Manager Magazin: Battery cells: Funding worth billions for Tesla, BMW and others approved by the EU000539
Tag: Manufacturing
SK Innovation boosts EV battery push with $1bn plant in Hungary
SEOUL — SK Innovation will spend 1.27 trillion won ($1.14 billion) to build its third automotive battery factory in Hungary as the South Korean company readies capacity on three continents to supply power sources for the fast-growing electric vehicle market. The third factory is slated to come online in 2024 after a second Hungarian site opens in 2022. Another… Continue reading SK Innovation boosts EV battery push with $1bn plant in Hungary
Jaguar Land Rover to use advanced lightweight composites for future EVs
Jaguar Land Rover is preparing for future electric vehicles with advanced lightweight composite research that will help deliver increased range, greater performance and a more dynamic drive. The Tucana project is a four-year programme to make the UK a world leader in low-carbon technology, helping prevent 4.5 million tonnes of CO2 emissions between 2023 and 2032 by accelerating… Continue reading Jaguar Land Rover to use advanced lightweight composites for future EVs
Chinese carbuyers help Jaguar Land Rover outpace UK lockdowns
Jaguar Land Rover staged a recovery in the final three months of 2020, as the growth of car sales in China made up for the UK’s continued lockdowns and its setting aside of £35m to pay fines for missing carbon dioxide emissions targets. The carmaker made pre-tax profits of £439m in the last quarter of… Continue reading Chinese carbuyers help Jaguar Land Rover outpace UK lockdowns
Ford confirms more production cuts, UAW layoffs at Chicago and Ohio plants
Ford confirms production cuts in 2 more states due to chip shortage. Stellantis sees no disruption. Go to Source
Tesla’s new Model S will automatically shift between park, reverse, and drive
Tesla’s redesigned Model S and Model X will have a very unconventional and possibly controversial feature: automatic shifting between park, reverse, neutral, and drive (or PRND). There will be an option to change drive modes on the touchscreen, but CEO Elon Musk made the case for automatic switching on Twitter late Wednesday night. “Car guesses… Continue reading Tesla’s new Model S will automatically shift between park, reverse, and drive
Faraday Future potentially revived with IPO plan, Geely partnership: FF91 production soon?
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Lordstown confirms electric van for 2022 production, LG Chem batteries for Endurance pickup
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@VW Group: Volkswagen Group Components begins battery recycling pilot
Jan 29, 2021 Pilot plant in Salzgitter begins operation today Goal: create a closed-loop process for recovering raw materials from lithium-ion batteries Wolfsburg/Salzgitter — Today, Volkswagen Group Components opened the Group’s first plant for recycling electric car batteries in Salzgitter. With the pilot plant, the Volkswagen Group takes another committed step towards our goal of… Continue reading @VW Group: Volkswagen Group Components begins battery recycling pilot
@VW Group: ID.3 starts series production: The Transparent Factory in Dresden to become the home of the Volkswagen ID.
The Transparent Factory in Dresden began series production of the fully electric ID.3 today. This makes it the second production site for the ID.3 and already the fourth site in the world producing Volkswagen models based on the Modular Electric Drive Toolkit (MEB). At the same time, Volkswagen is opening a new chapter in the… Continue reading @VW Group: ID.3 starts series production: The Transparent Factory in Dresden to become the home of the Volkswagen ID.