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Members of the Corporate ElectricVehicle Alliance presented top vehicle manufacturers, including Volvo, GM, Daimler and Toyota, with a roadmap for developing the types of electricvehicles that companies plan to acquire in the US over the next five years. million on-road vehicles in the United States.
billion of electricvehicle revenue by 2025. The company now expects its 2022 electricvehicle revenue to grow to approximately $850 million—more than double what it was in 2021. Target markets include depots for electric buses and trucks, with a focus on the North American market. Earlier post.)
The top 10 global producers of Li-ion batteries for electricvehicles are all Asian companies, according to an analysis posted on the Visual Capitalist. Chinese companies make up 56% of the EV battery market, followed by Korean companies (26%) and Japanese manufacturers (10%).
Rolls-Royce said that its all-electric Spirit of Innovation aircraft has set three new world speed records, making it the world’s fastest all-electric aircraft. mph)—making the Spirit of Innovation the world’s fastest all-electricvehicle, the company said. km/h (132mph).
The introduction of BrightDrop’s electric vans into the FedEx fleet in Canada is an important step in the company’s goal to transform its entire parcel pickup and delivery (PUD) fleet to all-electric, zero-tailpipe emissions vehicles by 2040. Earlier post.)
In the past few weeks, major news outlets have reported that Chinese automotive giant BYD has overtaken Tesla as the worlds largest seller of electricvehicles. Those EVs just have half the wheels.
Sacrilege Motors, a bespoke performance, restoration and electric-conversion studio, is partnering with UK-based powertrain supplier Fellten , a designer and manufacturer of systems used in converting classic cars into electricvehicles.
This seems like good news, then, until you ask Audi – notionally one of the companies that has blazed the trail for EV adoption in Australia – how its BEV sales are tracking. The post How BMW stole Australia’s premium electricvehicle market from Audi and Mercedes-Benz | Analysis appeared first on EV Central.
Global research and consulting firm Frost & Sullivan has recognized Gogoro AS with its 2024 Global Company of the Year Award for its leadership in the electric two-wheeler (E2W) battery-swapping. continued] The post Gogoro Receives 2024 Global Company of the Year Award appeared first on CleanTechnica.
Interestingly enough, the company seems to be planning something slightly different for the upcoming event. Tesla Q1 2025 Earnings Call Date As shared by Tesla in its Q1 2025 vehicle production and delivery report, the company would be holding its first-quarter earnings call on Tuesday, April 22, 2025, at 4:30 p.m.
This partnership will combine RR.AI’s vehicle automation experience and GILLIG’s transit operations expertise to produce state- of-the-art safety and performance capabilities. While commonly used in passenger vehicles, many of these features have not been widely deployed thus far on heavy-duty commercial vehicles.
Electricvehicles (EVs) have become a political lightning rod. Tip #1: Lease an electricvehicle New cars on any fuel type are a big investment, and committing to a new technology can be daunting. Another reason to lease an EV is that some automakers are passing along the federal clean vehicle tax credit through leases.
School bus manufacturer Blue Bird Corporation unveiled a Class 5-6 electricvehicle platform at the 2022 Advanced Clean Transportation (ACT) Expo. The company is building on its nearly century-long expertise of school bus manufacturing to expand its zero-emission transportation solutions to the commercial vehicle market.
Hyundai Motor Company plans to ramp up the US commercial vehicle market entry with XCIENT Fuel Cell trucks. Through the project, also known as Zero-Emission Regional Truck Operations with Fuel Cell Electric Truck, Hyundai Motor will deploy 30 Class 8 6x4 XCIENT Fuel Cell heavy-duty tractors at the Port of Oakland, Calif.,
A team from Georgia Tech has developed an AI that can analyze user reviews of electricvehicle charging stations, allowing it accurately to identify places where there are insufficient or out-of-service stations. We’re spending billions of both public and private dollars on electricvehicle infrastructure. 2020.100195.
StoreDot, the developer of extreme fast charging (XFC) battery technology for electricvehicles, reports being the first company to test silicon-dominant cells for more than 1000 cycles. I’m hugely proud of our recent achievement. —Yaron Fein, StoreDot Vice President R&D.
FreeWire Technologies, a global electricvehicle (EV) charging and energy solutions provider and a manufacturer of ultrafast, battery-integrated EV charging stations and power solutions ( earlier post ), announced a program to make available battery-integrated electricvehicle (EV) charging equipment and solutions for Chevron-branded stations.
The company will produce the enclosures at its Magna ElectricVehicle Structures facility in St. Clair to support the fast-growing electricvehicle market ( earlier post ). The accelerating shift toward vehicle electrification opens up exciting growth opportunities for Magna beyond powertrain.
Autonomy, the nation’s largest electricvehicle subscription company, placed an order for 23,000 electricvehicles with 17 global automakers to expand and diversify its subscription fleet beyond Tesla. The fleet order is valued at $1.2 The 23,000-unit order represents 1.2% The 23,000-unit order represents 1.2%
signed a strategic memorandum of understanding (MOU) with Automobile & PCB establishing strategic investment and cooperation between NEO and A&P to advance the Korean mass production facility of NEO’s silicon anode materials for electricvehicle (EV) lithium-ion batteries. NEO Battery Materials Ltd. NEO Battery Materials Ltd.
By providing capital—in addition to supplying state-of-the-art battery materials under the JDA—Umicore intends to work with Blue Current to drive market adoption of the company’s silicon elastic composite battery towards mid-decade. In June 2022, Umicore and Idemitsu Kosan Co.,
Xiaomi sales have been absolutely stunning in 2024, but the company’s CEO, chairman, and founder wants to go far beyond this and make Xiaomi the 5th largest automaker in the world! In its first 9 months, the company sold a stunning 130,000 electricvehicles. Can it increase that many times.
Amazon has begun deploying its custom electric delivery vehicles from Rivian for package delivery, with the electricvehicles hitting the road in Baltimore, Chicago, Dallas, Kansas City, Nashville, Phoenix, San Diego, Seattle, and St. Louis, among other cities.
SoCalGas) is working with Ford Motor Company on a demonstration project to reduce commercial fleet emissions by developing a F-550 Super Duty Hydrogen Fuel Cell Electric Truck. More recently, SoCalGas announced plans to install 1,500 electricvehicle chargers at 67 company facilities by end of 2024.
Factorial, a developer of next-generation solid-state battery cells for electricvehicles, previewed a 100 Ah battery cell at CES 2023 in the Stellantis exhibition space. Earlier post.).
Israeli startup EVR Motors has partnered with India’s EKA Mobility, an electricvehicles and technology company, a subsidiary of Pinnacle Industries Limited, to design small, lightweight electric motors for their e-buses and Light Commercial Vehicles (LCVs) in India.
Tesla is continuing its long-standing tradition of dominating electricvehicle sales in California. Despite an increased number of competitors and models attempting to take market share from the company, Tesla still holds over fifty percent of the EV segment in the Golden State. Although Tesla lost 8.5 Tesla’s 54.5
Ford reported its third-quarter earnings this week, highlighting continued losses for its Model e division as it aims to reach profitability on electricvehicles (EVs). billion for the Model e EV arm of the company, adding that it now expects a full-year loss of about $5 billion. The company also highlights $1.2
The company’s North and South American operations will be based there. Octillion also has relocated a battery manufacturing line from its previous facility in Hayward, California, where the company has operated since its founding in 2009. Last year, the company entered the electric two-wheeler market with supply contract in Europe.
A recently completed resource report has validated Galvanic Energy’s Smackover prospect as one of the largest lithium brine resources in North America, with sufficient lithium to produce enough batteries for 50 million electricvehicles.
has acquired the full and sole ownership of the German company resulting from the former joint venture Nikola Iveco Europe, now to be renamed as EVCO (ElectricVehiclesCOmpany). Iveco Group N.V.
Mitsubishi Motors will begin production of the Minicab-MiEV, a onebox kei–car-class commercial electricvehicle (EV), at PT Mitsubishi Motors Krama Yudha Indonesia (MMKI), MMC’s factory in Indonesia. MMKI has a production capacity of 220,000 vehicles per year, and currently produces the Pajero Sport, Xpander, and Xpander Cross.
Hyundai Motor Group will collaborate with the Saudi Arabian Oil Company (Aramco) and King Abdullah University of Science and Technology (KAUST) jointly to research and develop an advanced fuel for an ultra lean-burn, spark-ignition engine that aims to lower the overall carbon dioxide emissions of a vehicle.
BYD and Uzavtosanoat JSC (UzAuto) signed an agreement to establish a joint venture company producing new energy vehicles (NEVs). The new joint venture company, which will manufacture best-selling NEVs including the DM-i super hybrid models and related parts, is anticipated to be based in Uzbekistan.
Ford has produced its 150,000 th Mustang Mach-E electricvehicle since starting production nearly two years ago, a significant milestone as the company scales EV production to a rate of 600,000 annually by late 2023 and more than 2 million annually by 2026.
The sports car manufacturer’s venture capital arm, Porsche Ventures, has held a stake of around 10% in the Croatian company since 2018. It invested in Greyp at the same time that it invested in its sister company, Rimac Automobili. Porsche is acquiring a majority stake in the e-bike manufacturer Greyp Bikes. Greyp e-SUV model.
The broadened relationship provides significant benefits to both companies, including conducting complementary cell development and manufacturing activities at both Solid Power and the BMW Group to further advance all-solid-state cell design and manufacturing know-how. In September 2022, BMW Group announced its Gen6 Li-Ion cell. Earlier post.)
IONETIC , a UK start-up specializing in electricvehicle (EV) battery pack technology, launched its EV battery pack design platform, which the company says can cut the development cost and time for automotive manufacturers bringing a new electricvehicle to market.
Nissan unveiled its prototype production facility for laminated all-solid-state battery (ASSB) cells, which the company aims to bring to market in 2028. Nissan believes all-solid-state batteries can be reduced to $75 per kWh in fiscal 2028 and to $65 per kWh thereafter, placing EVs at the same cost level as gasoline-powered vehicles.
In Wiesbaden, certified and sustainable green electricity is generally used to charge the battery-driven buses. This will be provided in collaboration with Daimler Buses partner company IVU Traffic Technologies from Berlin. Now the flagship project has matured and been implemented by Daimler Buses in various forms with other companies.
Faction Technology, a driverless-technology company offering solutions that solve inefficiencies in micro-logistics and vehicles on demand, is bringing driverless delivery to portions of the San Francisco Bay Area. Faction D1 Cargo Vehicle based on the Arcimoto FUV platform.
Terex Utilities introduced the industry’s first all-electric bucket truck at the Electric Utility Fleet Managers Conference (EUFMC) in Williamsburg, Va. Their feedback will help ensure the trucks become a dependable, preferred work truck, and help Xcel Energy and the industry better prepare for the electricvehicle transition.
Tesla Sweden is still dealing with a number of strikes due to its conflict with IF Metall, but the electricvehicle maker seems to be getting better at overcoming the unions’ efforts. They bring in foreign companies and fly in people, we think,” Bello stated. “It is a good question how this has happened.
StoreDot, a developer of extreme fast charging high energy batteries for electricvehicles, announced that its XFC batteries and systems are now being tested by more than 15 global automotive brand manufacturers, and that it has additional potential manufacturing partnerships in the pipeline for this year.
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