ABB Acquires Majority Stake In Chinese EV Charging Provider- Chargedot
ABB has completed its acquisition of a majority stake in Chargedot Shanghai New Energy Technology Co., Ltd. The deal was announced on October 28, 2019. The company supplies AC and DC charging stations, as well as the necessary software platform…
Magenta Power Launches ‘ChargeGrid Flare’, India’s First Street Lamp Integrated EV Charger
Magenta Power, a HPCL startup providing green energy solutions, has launched its first Street Lamp Integrated electric vehicle (EV) Charger called ‘ChargeGrid Flare’. The company has planned to roll-out its newly launched Street Lamp Integrated EV Charger into the market…
BMW To Discontinue Many Internal Combustion Engines 2021 Onward
In a press release that contains “profitability” and “EBIT” in its title, BMW included a bit of a bombshell in two paragraphs. First things first, up to 50 percent of “traditional drive train variants” will be eliminated from 2021 onwards. Hybridized and electric vehicles…
A Failure To Attract Gigafactories To Make Batteries For EVs Could Cost The UK 105,000 Jobs By 2040
The UK car industry risks losing out to Europe in the race to build major battery factories that are crucial to the sector’s future, putting jobs at risk across the country, Faraday Institution, a Government-backed research body has warned. Car makers around…
No Relief To The Auto Industry As The Negative Sale Continues Amid Coronavirus Worries
The decline in wholesale dispatches is primarily due to the ongoing economic slowdown and lower production of BS-IV vehicles, claims SIAM. With a weak outlook, there could be more disruptions and plant closures in the coming week amid growing concerns…
Revolt Intellicorp Plans To Set Up Its Second Production Facility In South For 100% Localization
Revolt Motors, one of India’s most popular electric two-wheeler manufacturers, is considering a second manufacturing facility in the Southern part of the country. This could be an extension of the brand’s expansion strategy under which it has recently entered new cities…
With The Market Introduction Of ID.3 This Summer, Volkswagen Will Make E-Mobility Affordable For Many People
Volkswagen issued a press release this week focusing on the upcoming launch of its ID.3 electric car. It confirms that deliveries of its ID.3 First Edition models will begin this summer and adds this interesting twist. The company says virtually all of those…
Batteries|Key Factor for Tomorrow’s EVs
GM’s EV Day announced their Ultium EV platform that they are planning to use for their future EVs, and they revealed much of their upcoming battery plans. But Tesla, VW, Ford and others are also quickly scaling up battery production…
Tesla Apologized Profusely For The Fuss, Claiming Coronavirus Delayed The Availability Of The Latest Chip
Tesla stirred up a hornet’s nest in China by promising customers their Model 3 cars built in Shanghai would come with the company’s version 3 self-driving computer chip but then delivering cars that have only the last-generation version 2.5 chip…
