Automakers Hope for a Cut as Two-way EV Charging Becomes Real
Automakers from General Motors to Volvo Cars, alongside utilities and charging app operators are calculating their financial cut as EVs that allow their owners to sell power back to grids become a more realistic prospect. Bidirectional, or vehicle-to-grid (V2G), charging…
PURE EV and PDSL Announce JV to Develop Next-Gen EV 2W in UK
PURE EV, India’s leading EV 2W OEM, today, announced forming a JV with Pragmatic Design Solutions Ltd (PDSL), UK. With a shared vision to transform electric mobility and enhance transportation affordability, PURE EV and PDSL (UK) collaborate to cater to…
Spain’s Ebro-EV Motors, China’s Chery Join Hands to Develop New Cars
Spain’s auto company Ebro-EV Motors and China’s Chery Automobile signed a pact on Friday to develop new electric vehicles through a joint venture in the northeastern Spanish city of Barcelona. Under the alliance, Chery will become the first Chinese automaker…
Autel Energy Europe Releases MaxiCharger Launch Plan
Autel released the MaxiCharger Megawatt Charging System satellite launch plan at the Nordic EV Summit 2024. This system not only promises a surge in charging capabilities, but also ensures a swift and streamlined charging experience, according to the company. “Introducing…
UK’s Octopus to Lease out China’s Omoda EVs, Offer Charging Services
Britain’s Octopus Energy will lease out electric vehicles from Chinese automaker Chery’s Omoda brand and offer low-cost charging rates and charger installation, among other services, the two companies said on Tuesday. Octopus already leases out more than 15,000 EVs via…
Global EV Sales up 12% in March, Down 9% in Europe, Rho Motion Says
Global sales of fully electric and plug-in hybrid vehicles (PHEVs) rose 12% in March versus the same month in 2023, with growth in China and the U.S. market partly offset by a 9% drop in Europe, market research firm Rho…
CMA CGM Joins Renault and Volvo in Flexis Electric Truck JV
CMA CGM has joined the Flexis electric light van manufacturing joint-venture, formed between carmakers Renault and Volvo last month. The French container shipping line announced this morning it had invested €120m in Flexis SAS to acquire a 10% stake in…
A Quarter Of EVs Sold In Europe This Year Will Be Made In China, NGO Predicts
In Europe, electric vehicles made in China are common, even though it might not seem like it at first. Last year, out of the roughly 300,000 EVs sold in the European Union, 19.5% were made in China, and that number…
Open Data Tapped for EV Charger Status
British network operator UK Power Networks has launched the open data based Powercast software for information on the status of electric vehicle (EV) chargers. Powercast, available as an open source API, draws on the company’s data to provide information for…
Renault Expects to Close Electric Van JV With Volvo Trucks Within Weeks
Renault Group expects the closing of its joint venture in electric vans with truckmaker Volvo Group and the French shipping group CMA CGM to happen by the beginning of April, a spokeswoman said. Renault and Volvo signed binding agreements last…
