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Volvo Cars successfully placed its first green bond, raising €500 million from a diverse group of institutional investors and further increasing the company’s financial flexibility. A green bond is a type of fixed-income instrument that is specifically earmarked to raise money for climate and environmental projects.
The results of the Life Cycle Assessment (LCA) of greenhouse gas emissions and primary energy demand of the cars tested by Green NCAP in 2022 show that the current and continuous trend towards larger and heavier cars, significantly increases the negative impact on climate and energy demand.
VinFast launched the VF 3, a mini electriccar model designed specifically for the Vietnam market. The VinFast VF 3 is part of the small car segment, specifically classified as a Mini car.
The Volkswagen Group is expanding its WeShare electriccar sharing project to Hamburg later this week; the pilot project launched in Berlin in 2019. —Philipp Reth, CEO of WeShare, Volkswagen’s car sharing service. —Philipp Reth, CEO of WeShare, Volkswagen’s car sharing service. Around 800 electric ID.3
Volvo Cars successfully placed its second green bond to raise €500 million from a diverse set of global investors. All proceeds are earmarked for funding and accelerating the company’s transformation towards becoming a fully electric carmaker by 2030 and becoming climate-neutral and circular by 2040.
Volvo Cars is tripling electriccar manufacturing capacity at its plant in Ghent, Belgium as it prepares to meet fast growing demand for its Recharge line-up of chargeable cars. The plant already builds the XC40 Recharge, the company’s first fully electriccar, as well as a plug-in hybrid version of the XC40.
This post focuses on minerals used uniquely in the manufacture of electriccars. The table below lists the weight (in kg) of the minerals used in a typical electriccar and a typical conventional car. Electriccars. Conventional cars. If the latter, what are the source countries? Rare earths.
Geely Auto Group (Geely Auto) officially announced the widely reported formation of Zeekr—a new electric mobility technology and solutions company based in China that will serve growing global demand for premium electric vehicles. Zeekr aims to deliver a new electric vehicle to market each year in the coming five years.
BMW has begun production of the fully-electric BMW iX1 in Regensburg; all its German plants can now produce electriccars. By 2024, at least one in three BMWs coming out of its Bavarian plants will be an electriccar, said Milan Nedeljkovi?, member of the Board of Management of BMW AG responsible for Production.
Ford will offer a new generation of seven, all-electric, fully-connected passenger vehicles and vans in Europe by 2024. The announcement builds on the recent creation of the Ford Model e business unit focused on the design, production, and distribution of electric and connected vehicles ( earlier post ).
Bentley Motors will launch five new electriccars from 2025. From 2025, the first Bentley electric vehicle will be designed, developed and produced at its headquarters in Crewe, England. Bentley also revealed a £2.5-billion billion (US$3.4-billion) billion) sustainable investment to realize this strategy.
The BMW Group has now reached an agreement to this effect with the Swedish startup H2 Green Steel (H2GS), which uses hydrogen and only green power from renewable energies for steel production. H2 Green Steel is building its steel production site in the province of Norrbotten in northern Sweden, close to the Arctic Circle.
Volvo Cars reported global sales of 60,398 cars in May, up 31% compared with the same month last year. The company’s fully electriccars were the main contributor to the growth, rising 196% during the period to 10,826 units (). The share of fully electriccars stood at 18%.
Volvo Cars launched the battery-electric Volvo C40 Recharge; based on the CMA vehicle platform it is the first Volvo model designed as pure electric only. Following the introduction of the XC40 Recharge and now the C40 Recharge, Volvo Cars will roll out several additional electric models in coming years.
However, the research within IDTechEx’s “ Semiconductors for Autonomous and Electric Vehicles 2023-2033 ” report shows that trends within the automotive industry mean consumers will soon be caring far more about what chips are in their cars. Semiconductor devices found on autonomous electric vehicles.
At least a couple of presidents have been drivers of electriccars, but they're not all in the recent past. Long before Ike became perhaps the 20th century's most famous general, Eisenhower drove around in an early electriccar that belonged to his in-laws.
According to a new study published by the ifo Institue Center for Economic Studies (CESifo) in Germany, EVs will barely help cut CO 2 emissions in the country over the coming years, as the introduction of electric vehicles does not necessarily lead to a reduction in CO 2 emissions from road traffic given the current power generation mix.
Rolls-Royce Motor Cars unveiled Spectre, its “Ultra-Luxury Electric Super Coupé” that is the successor to the Phantom Coupé. This incredible motor car, conceived from the very beginning as our first fully-electric model, is silent, powerful and demonstrates how perfectly Rolls-Royce is suited to electrification.
In the first half of 2022, motors with oil cooling became the dominant form in the electriccar market, taking 50% market share, according to a report from IDTechEx. Oil cooling became the dominant form of motor cooling for electriccars in 2022. This is where oil cooling comes in.
In Stockholm, Volvo Cars unveiled its new fully electric flagship SUV, the 7-seat EX90. Starting with the Volvo EX90, Volvo Cars will reveal one new fully electriccar each year. By 2030, the company aims to sell only fully electriccars.
A 20% increase in UK-generated electricity would be required to charge the current 252.5 billion miles to be driven by UK cars. The challenges set out in the letter are: The metal resource needed to make all cars and vans electric by 2050 and all sales to be purely battery-electric by 2035.
Bosch is introducing a continuously variable transmission (CVT) with Bosch push belt, specially designed for electric vehicles: the CVT4EV. CVT4EV is a compact variable ratio transmission that supports the performance demands of electric vehicles for a wider audience. This is how a CVT works for an electriccar.
The BMW Group continues to broaden its portfolio of electrically powered vehicles with the addition of the fully electric BMW 3 Series, which will enter the Chinese market in May 2022. With the BMW i3 eDrive35L, the BMW Group portfolio of fully electriccars now comprises six models. plant in Lydia, Shenyang. 2,966 mm.
Volvo Cars reported global sales of 51,286 cars in February, up 22% compared to the same month last year and a record for the month of February. The sales growth was led by the company’s Recharge line up of fully electric and plug-in hybrid cars. China sales reached 13,066 cars, up 50% compared with February last year.
A6 and S6 Sportback E-Tron electriccars arrive in North America next spring or summer The first cars using Audi's new platform cut a sharp shape A 94.9-kwh
Equipped with the drive system components of the latest Volkswagen electric vehicles, the concept vehicle is based on a T1 Samba Bus produced in 1966 and comprehensively restored. The combination of the high-end classic and high-tech electric vehicle will be available to buy for real. to 22 kW, depending on electricity source.
Volkwagen’s electric ID.5 The first SUV coupé based on the Modular Electric Drive Matrix (MEB) features dual motor four-wheel drive. It continues the tradition of the successful GTI, GTD and GTE models and transfers it to the world of electric mobility. There is an electric motor on both the front and rear axle of the ID.5
A team led by Raymond Borges Hink at the Department of Energy’s Oak Ridge National Laboratory (ORNL) has developed a method using blockchain to protect communications between electronic devices in the electric grid, preventing cyberattacks and cascading blackouts. The work is summarized in a new technical report from ORNL. —Hahn et al.
Hybrid cars will no longer qualify as "green" vehicles on Uber's rideshare service in Australia after the tech giant announced changes to prioritise electriccars on its platform. The post Uber punts hybrid cars from “green vehicle” scheme, to focus on battery electrics appeared first on The Driven.
Charging and energy are becoming a core business for Volkswagen; the company is building a universal and seamless eco-system for charging its electric models. The across-the-board enhancement of the charging infrastructure is decisive for accelerating the ramp-up of the electric mobility campaign. million electriccars for a year.
Ferrari is prepping its first EV The new electriccar will be built at its own newly-built factory in Maranello Ferrari plans for most of the factory's power to come from sustainable sources Ferrari recently unveiled an expansion of its factory to accommodate production of the automaker's first EV.
At IAA Mobility 2021 in Munich, Porsche is presenting the Mission R concept electriccar that combines advanced technologies and sustainable materials, such as natural fibre-reinforced plastics, with a passion for racing. The electric motor on the front axle produces up to 320 kW (435 PS) in race mode.
The sales growth was mainly led by the company’s fully electriccars. For the month of March, Volvo Cars sold 63,132 cars globally, up 8% compared with the same month last year. The share of fully electriccars (12,621 units) during the period ended up at 18%.
Schaeffler is introducing 4in1 electric axle drives. With the 4in1 electric axle, Schaeffler is now going one step further by integrating the thermal management system as well as the electric motor, power electronics, and transmission into the axle drive. Another new development are electric beam axles for pick-up trucks.
Combining used Nissan electric vehicle batteries at a conventional power plant in Melilla, Spain, operated by the Enel Group’s Spanish subsidiary, Endesa, the project enhances grid stability to help meet the needs of an isolated network. Nissan and Enel have partnered to launch the Second Life project.
This starting quartet will immediately be followed by the all-electric BMW iX1 xDrive30 (electric power consumption, combined in the WLTP cycle: 18.4 – 17.3 All-electric BMW iX1 xDrive30. The BMW iX1 xDrive30 is the first all-wheel-drive electriccar introduced by the brand in the premium compact segment.
Vietnam’s first carmaker, VinFast, is launching three electric crossovers: VF31, VF32, VF33. The standard version uses one 150 kW electric motor with 320 N·m. The VinFast VF33, an E-segment SUV, uses two 150 kW electric motors, with battery capacity of up to 106 kWh and range of up to 550 km (342 miles).
As its CEO Frank-Steffen Walliser recently told Car and Driver "what we see in the luxury market right now (is that) people reject electriccars." Wealthy consumers "consider luxury cars only with a combustion engine," the executive claimed. In 2020, Bentley.
Volvo Cars formally inaugurated a new battery assembly line at its Belgian manufacturing plant in Ghent, where it will start building its first fully electriccar, the XC40 Recharge P8, later this year. The XC40 Recharge P8 is the first of a family of fully electric Volvos. Volvo XC40 Recharge powertrain.
Nissan’s ambition also expands upon past initiatives under the Nissan Green Program and the company’s ongoing work to minimize the carbon footprint of its products and operations. The company introduced the world’s first mass-market electriccar, the Nissan LEAF, and has sold more than 500,000 of the zero-emission vehicle to date.
We've already brought you vehicles like the Acura ZDX, Honda Prologue, and Chevrolet Equinox EV. We've driven them, but now it's time to preview vehicles we know to be in the pipeline, but haven't had hands-on time with just yet. These vehicles due in the next two model years represent the next wave: Those planned before $7,500 tax breaks and.
Volvo Cars is integrating and testing wireless charging technology in a live city environment together with selected partners, evaluating its potential for future electriccars. The charging stations used in the test are delivered by Momentum Dynamics, a leading provider of wireless electric charging systems.
Citroën unveiled a new all-electric concept car called oli , an exercise in weight reduction and resource usage. With speed limited to 110 km/h (68 mph) and acceleration close to the classic 2CV model, the concept car gains a wider range and significantly improved battery lifespan.
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