Groupe Renault, Partners Develop XCEED Blockchain Project To Certify Compliance Of Vehicle Components
Groupe Renault has developed the XCEED (eXtended Compliance End-to-End Distributed) blockchain project to certify the compliance of all vehicle components, from design to production. Designed and implemented in collaboration with leading automotive industry players, this tool enables greater responsiveness and…
UK Government Announces Grand Plan To Encourage EV Adoption
The government has announced more than £20 million of funding for schemes designed to increase the uptake of electric cars. Around £12 million will be spent on research projects into battery technology, while the government is also plotting other incentives,…
Chinese Battery Maker Plans Factory In France
Chinese renewable energy group Envision is looking to build a battery factory in France to supply the growing electric vehicle market, a French newspaper reported. The company, which has battery production plants in Japan, the U.S., Britain and in China,…
Kandi Announces Establishment Of China Battery Exchange Technology Co., Ltd.
Kandi Technologies Group, Inc. announced the establishment of a wholly-owned subsidiary for its battery swapping services: China Battery Exchange Technology Co., Ltd. By establishing the China Battery Exchange Technology Company, Kandi can better monetize its dozens of patents in the…
Tencent, Others To Buy $516.12 Million Worth Shares In China Evergrande New Energy Vehicle
China Evergrande New Energy Vehicle Group Ltd said investors including Tencent Holdings Ltd and Sequoia Capital will buy HK$4 billion ($516.12 million) worth of company shares in a share sale. The electric vehicle unit of property developer China Evergrande said…
California Approves Largest Ever Utility Program To Expand EV Charging
California approved a $437 million effort to build thousands of electric vehicle chargers, its utility regulator said, calling it the nation’s largest ever utility program to expand charging infrastructure. The money will go to utility Southern California Edison to fund…
A Bill Gates-Backed Electric Vehicle Battery Developer Is The Latest Firm To Publicize Its Acquisition
An electric vehicle battery developer financed by Bill Gates and Volkswagen is the latest firm to reveal its intention of undergoing amalgamation through an explicit peculiar acquisition process. QuantumScape, which manufactures vehicle batteries, explained to the public that it would…
California Startup Aims To Tackle Battery Degradation In Electric Cars
Lithium-ion batteries are essential to electric vehicles, but they have drawbacks: They are hard to make and degrade over time. A San Leandro, California-based start-up said it had raised $4 million in funding and is working with German chemical giant…
Magnis Takes Next Step Towards “Six-Minute” Electric Vehicle Battery
Magnis Energy Technologies has taken the next step towards commercializing an electric vehicle battery that can recharge a vehicle in six minutes. The ASX-listed company had revealed in July that it had an electric vehicle battery in development that could…
Demand For Electric Vehicle Supply Equipment In India Growing Due To Surging Pollution
The need for increasing the adoption of electric vehicles in India is extremely high, since the country is among the most polluted countries across the world. Owing to the large population and rising disposable income, the number of vehicles on…