Not investing in UK electric car battery production could cost jobs, study says

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The UK auto industry risks losing out to Europe in the race to create significant battery factories that are important to the sector’s future, putting jobs at risk throughout the country, a government-backed research body has cautioned. A failure to attract so-called gigafactories for making batteries for electric cars could cost the UK 105,000 jobs by 2040, […]

Electric car subsidies extended in £1.3 billion green vehicles drive in UK

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The UK government revealed a £1.3 billion ($1.66 billion) effort to clean up Britain’s cars in its Budget with additional subsidies for electric vehicle buyers and an increase for charging stations, along with funds to curb inner-city pollution. The plans were welcomed by the automotive industry, which is attempting to increase sales of battery cars […]

General Motors launches advanced electric batteries for its electric cars

General Motors

General Motors on Wednesday introduced Ultium, a battery with higher capacity and fast charging abilities, to power its upcoming line of electric vehicles. The Detroit-based company stated majority of its new electric vehicles will have Ultium’s 400-volt battery packs, where as its truck platform will have 800-volt batteries. Well-known brands owned by the automaker such […]

Hyundai signs development deal with electric car startup Canoo

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Korean automaker Hyundai Motor expanded its future transportation portfolio with an agreement to jointly develop electric vehicles with California startup Canoo, the companies stated last week. It was the second such deal declared in recently by Hyundai and sister company Kia Motors, which in mid-January stated they would spend $110 million in UK startup Arrival […]

Meeting CO2 targets in 2020, 2021 a challenge, says Daimler CEO

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Daimler will not give up the profitability of next-generation electric vehicles, CEO Ola Kaellenius stated on Tuesday, as the automaker is having a somewhat hard time to meet more strict European Union anti-pollution rules. Ola Kaellenius Daimler will not give up the profitability of next-generation electric vehicles, CEO Ola Kaellenius stated on Tuesday, as the […]

Mercedes-Benz to build smart brand cars with Geely

Geely automobile holding

Mercedes-Benz is set to build smart-branded electric cars with Zhejiang Geely Holding Group in Xian, China from a base with a yearly capacity of around 150,000 vehicles, a senior official from its German parent Daimler AG stated on Saturday. Daimler’s Executive Vice President in China Leng Yan informed Reuters on the sidelines of China’s EV100 […]