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Posts Tagged ‘electric vehicle’

Ford will invest $850 million to add more production capacity for EVs

Ford plans to invest more than $850 million to add more production capacity at a second U.S. factory for its next-generation battery-electric vehicle program. The investment, which will be made through 2023, will focus on expanding Ford’s Flat Rock Assembly Plant in southeast Michigan. The plant investment also includes funding to build the next-generation Mustang ...

EVs Are Rapidly Evolving: Models, Battery Packs, Cells And Chemistry

03.06.2019 · Posted in Cars Articles, Other Vehicles Articles

Sales would not increase so fast without rapidly evolving products According to Adamas Intelligence, sales of electrified passenger cars (hybrids, plug-in hybrids and all-electric) increased in 2018 by 28.6% to 4.28 million, at 5.2% of total global volume. The new report notes that the market of electrified cars not only expands fast, but at the ...

India’s Ola spins out a dedicated EV business — and it just raised $56M from investors

Ola, Uber’s key rival in India, is doubling down on electric vehicles after it span out a dedicated business, which has pulled in $56 million in early funding. The unit is named Ola Electric Mobility and it is described as being an independent business that’s backed by Ola. TechCrunch understands Ola provided founding capital, and ...

Check out the first interior view of Honda’s Urban EV prototype

Honda has been teasing its all-electric urban vehicle in 2017, when the automaker showed off its vision of the future — that had a distinct 1970s first generation Civic flare. Now, two years later a production version of the Urban EV is nearly here. And the automaker is finally giving a glimpse —albeit the tiniest ...

Vinli raises $13.5m Series B to expand its vehicle data intelligence platform

Connected car service provider Vinli today announced it closed a $13.5 million Series B financing round. The company says this infusion of capital allows it broaden its mobility services and integrations as it attempts to connect cars around the world. The funding came from new and existing investors and brings the total amount the company ...

With its Greenlots acquisition, Shell is moving from gas stations to charging stations

In a bid to show that it’s getting ready for the electrification of American roads, Royal Dutch Shell is buying Greenlots, a Los Angeles-based developer of electric vehicle charging and energy management technologies. Shell, which is making the acquisition through its Shell New Energies US subsidiary, snatched the company from Energy Impact Partners, a cleantech-focused ...

VW investing $800M in Tennessee factory to make next-generation electric vehicles

Volkswagen will spend $800 million to expand a U.S. factory that will produce the automaker’s next generation of electric vehicles. The factory in Chattanooga, Tenn. will be the company’s North American base for manufacturing electric vehicles, VW CEO Dr. Herbert Diess said during a presentation at the Detroit Auto Show on Monday. The expansion is expected ...

Cadillac’s first electric vehicle will be a crossover

Cadillac revealed Sunday what will likely be the first electric vehicle in the luxury brand’s portfolio. And surprise, it’s a crossover. The images of the full-size crossover SUV, which was unveiled during a debut party for the 2020 Cadillac XT6 in Detroit, kicks off a transformation of GM’s luxury brand. On Friday, GM announced plans ...

GM is transforming Cadillac into an electric brand

General Motors is turning Cadillac into its lead electric vehicle brand in a bid to compete against Tesla as well as a host of other automakers bringing EVs onto the market. Plans are already underway to introduce the first model from the company’s new battery electric vehicle architecture, GM said Friday during an investor meeting. ...

Nissan’s new Leaf E+ is packing more than just 226 miles of range

Electric vehicle competition is heating up and it’s pushing some of the first entrants to add range and other features in hopes of keeping up with automakers that are just bringing EVs to the market. Nissan has been in this EV game for nearly nine years now. The company has sold more than 380,000 Leaf ...