Electric cars comprise only a small fraction of the automobiles sold globally, but that will modify quickly, as per an analysis by Bloomberg New Energy Finance. By 2040, electric cars could comprise up 57% of all passenger car sales globally, the report found. That’s up two percentage points from BNEF’s 2040 projection from 2018. Electric […]
electric vehicles
Hyundai to Use DLT in Smartphone-EV Pairing Tool
South Korea’s largest automaker, Hyundai Motor, will use blockchain in its new tech for using electric vehicles (EVs) with smartphones. Sustainable mobility-focused news agency Green Car Congress reported on the progress on April 22. Hyundai reportedly declared the development of smartphone-EV pairing based performance adjustment technology that permits users to customize primary functions through a […]
No cut in Chevrolet Bolt price as U.S. tax credit for EVs drops
General Motors on Thursday stated it has no strategy to slash the sticker price on its electric Chevrolet Bolt sedan following a federal tax credit drops by half to $3,750 on Monday. In 2018, GM became the second automaker in the United States to surpass the 200,000 cumulative electric vehicles sales figure, which triggers a […]
Volkswagen has no plan to produce electric vehicles in Brazil for now
Volkswagen AG has no plan to produce electric or hybrid vehicles in Brazil in the next few years, although it will start importing them this year, its top executive for South America Pablo Di Si informed reporters on Tuesday. Brazil was among the world’s largest auto markets until a latest economic downturn and remains a […]
German Car Industry to Spend $45 Billion in Electric Vehicles
Germany’s automotive industry will spend more than 40 billion euros ($45 billion) in electric vehicles during the next three years to triple the amount of models vying for consumers, the head of the VDA car industry association stated. The strategy is pivotal to accomplish ambitious goals in the European Union to decrease carbon dioxide emissions […]
Trump: GM shift to electric vehicles is not going to work
President Donald Trump on Thursday stated General Motors decision to move much of its focus to electric vehicles will not succeed, and he said a new trade deal will make it harder for the company to shift work to other countries. GM last year stated it prepared to release 20 new electric vehicles by 2023 as […]
Volkswagen could build up to 50 million electric cars, says CEO
Volkswagen could build up to fifty million electric cars on its new electric vehicle platform and is looking at broadening its manufacturing footprint in the United States, Chief Executive Herbert Diess informed Automotive News. “We set up the plant in Chattanooga always with the idea to be able to grow it, to mirror it,” Diess […]
Volkswagen may sideline Audi, link with competitors in new 10-year plan
Volkswagen CEO Herbert Diess will outline a 10-year plan on November 16 to cut research expenses by collaborating with competitors, a step which would sideline Audi as the group’s leading development center. The chief executive will outline his plan at a meeting of the automaker’s supervisory board, two sources informed Reuters. It will explore possible […]
All vehicles Mazda to be electric hybrid, EVs by 2030
Mazda Motor stated on Tuesday that all of the vehicles it produces by 2030 will be electrified, where as 5 percent of its cars will be all-battery electric vehicles (EVs). The Japanese automaker joins a expanding number of worldwide automakers who are planning to decrease emissions by producing more gasoline-hybrid vehicles, plug-in hybrids and battery […]
Volkswagen, Ford confirm talks on potential commercial vehicle tie-up
Volkswagen and Ford Motor are in talks about jointly developing and building a series of commercial vehicles including vans, the companies verified on Tuesday. In a joint statement, Volkswagen and Ford stated they were thinking about a strategic alliance and “investigating several joint projects,” including development of a series of commercial vehicles for international markets. […]
Nissan spins up new plant to revitalize EV batteries
At a small plant meant to help revitalize a town devastated by the 2011 earthquake, Nissan Motor is providing its costly electric vehicle (EV) batteries new life as they pass their peak performance. International automakers are finding ways to make cheaper EVs and extend the life of their batteries, which can represent up to one-fifth […]
Hyundai union chief warns of job crisis, describes electric cars as ‘evil’
Hyundai Motor’s union chief warned its employees may have to deal with similar crisis to the one hitting General Motors’ South Korean unit as sales in key markets slip, adding that electric cars were ‘evil’ and will ruin jobs. South Korea’s auto industry, known for its robust unions whose employees tend to be paid more […]
Nissan plans electric car sales increase to one million a year by 2022
Nissan Motor announced plans to sell 1 million electric vehicles (EVs) every year by 2022, a six-fold jump from what it sold in 2017, and stated it had no plans to stop testing its self-driving cars on public roads, describing them safe. Japan’s 2nd largest automaker and its competitors are planning to crank up development […]
Tesla says Model S, Model X production planning has improved
Tesla Inc said the number of labor hours required to produce its Model S and Model X cars have reduced significantly, after the latest report of quality problems that could avoid the automaker from hitting its production targets. The automaker informed Reuters on Wednesday production of 100,000 Model S and Model X vehicles can become […]
Volkswagen assigns $25 billion in battery orders for electric vehicles
Volkswagen has selected partners to provide battery cells and associated technology worth around 20 billion euros ($25 billion) for its growing electric vehicle program, including additional pressure on U.S. pioneer Tesla. Till its “dieselgate” emissions scandal was revealed two and a half years earlier, Europe’s largest automaker had been slow to welcome electric vehicles. But […]
