Mercedes-Benz Introduces EV Insurance Coverage To Include Charging Stations
Mercedes-Benz announced that its comprehensive insurance will include coverage of home-charging equipment, cables, and batteries. The policy includes risk coverage up to € 10,000 ($10,900) related to theft, vandalism, “overvoltage damage,” short circuits, and even bites from animals and rodents….
Kia Motors Europe Outlines Plans For EV Sales Growth
At the start of the year, Kia Motors announced ‘Plan S’, a new mid- to long-term strategy aimed at progressively establishing a leadership position in the future automotive industry, encompassing electrification and mobility services, as well as connectivity and autonomy….
Skoda Enyaq Electric SUV Revealed In Camouflage
Skoda’s first production model based on the MEB modular electric car platform has been revealed in camouflaged pictures. Skoda says is Enyaq SUV will be ideally suited for long-distance journeys as it boasts long ranges of up to 500 km in the WLTP cycle…
Wallbox Completes Second Tranche Of $25M Series A Investment
Wallbox, the smart EV charging company, today announced the closing of a $13 million USD (€12 million) second tranche of Series A investment in early March, bringing the total Series A round to $25 million USD (€23 million). The round…
Severn Trent Electrifies Operating Fleet By Installing 352 EVBox Charging Points
Severn Trent, responsible for water supply management, as well as waste water treatment and disposal, is working toward having a fleet of vehicles that are entirely electric by 2030. This is one of the many reasons why EVBox was selected…
BorgWarner And Delphi Technologies’ Amend Transaction Agreement
BorgWarner Inc. and Delphi Technologies amended certain terms of the definitive transaction agreement they originally entered into in January 2020, under which BorgWarner will acquire Delphi Technologies PLC in an all-stock transaction. Under the terms of the amendment, which has…
EDF Acquires One Of UK’s Largest Charging Companies
EDF, a French electric utility company, announced the acquisition of a majority stake in Pod Point, one of the UK’s largest electric vehicle charging companies. The exact amount of the transaction was not disclosed, but it’s said that it’s EDS’s largest investment…
Equigy Platform To Give European Consumers Access To Tomorrow’s Sustainable Energy Market
Three European Transmission System Operators (TSO) have collaborated to launch a new, blockchain-based flexibility platform, Equigy. It is designed to allow the integration of small and distributed consumer-based assets, such as electric vehicles (EVs), residential battery energy storage and heat…
Fortum Partners With Infracapital To Speed Up Charging Infrastructure Development And Growth
Fortum has signed an agreement to sell a majority share of its public charging point operator (CPO), Fortum Recharge AS, for electrical vehicles in the Nordics to Infracapital, the infrastructure equity investment arm of M&G Plc. After the transaction Fortum’s…
With New Partnerships, CATL Strengthens Commitment To Commercial Vehicle Electrification In Europe
Reacting to the growing trend towards e-mobility, Contemporary Amperex Technology Co. Limited (CATL), the global leading EV battery manufacturer, is expanding partnerships with VDL Bus & Coach B.V. and Quantron AG to optimize local product solutions and services for commercial…
