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BNEF: EV company fundings bright spot as clean energy investment slips in Q3 quarter; 3 China EV companies raise $1.9B

Green Car Congress

The slip in the July-September quarter leaves clean energy investment for the year so far running a modest 2% below that in the first nine months of 2017—leaving open the possibility that 2018 as a whole will end up matching last year’s total, particularly if a few more multibillion-dollar offshore wind deals are concluded before Christmas.

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Volkswagen Group China, JAC and SEAT sign new deal advancing e-mobility in China

Green Car Congress

Spain-based SEAT, a member of the Volkswagen Group, signed a Memorandum of Understanding with Volkswagen Group China and Anhui Jianghuai Automobile Group Corp., Since the joint venture was created in 2017, SEAT has been contributing its know-how in the areas of design and R&D. Ltd (JAC) to advance e-mobility in China.

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Seres 3: Why this Chinese SUV is the worst EV I’ve driven

EV Central

Seres is a subsidiary of Chinese auto giant Dongfeng, and the Seres 3 has sold in China as the Fengon E3 since 2019. It appears the model sells, or has sold, in France, Germany, Italy, Netherlands, Spain and Israel. The post Seres 3: Why this Chinese SUV is the worst EV I’ve driven appeared first on EV Central.

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Studies find global COVID-19 lockdowns have significantly reduced PM2.5 and NO2 pollution, but ozone up

Green Car Congress

The week of Chinese New Year holiday is indicated by the red lantern shown inset panels (b) and (h). They found that nitrogen dioxide pollution decreased by an average of 40% over Chinese cities and by 20% to 38% over Western Europe and the United States during the 2020 lockdown, as compared to the same time in 2019. Shi and Brasseur.

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The Ford Focus is over, and so are thousands of jobs

Baua Electric

Rumors started brewing about the future of the plant in two years ago, when Ford made the call to build its next-gen EVs in Spain and not reboot and retrain workers at Saarlouis. BYD was reported to be among the companies interested, but the Chinese automaker has since announced it is opening its first European plant in Hungary.

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BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

Green Car Congress

This was the second-highest annual figure ever (after 2017’s $313.3 Spain was up 16% at $10 billion, Brazil up 23% at $8.7 billion raised by Chinese battery maker Contemporary Amperex Technology, or CATL, $846 million from US fuel cell company Plug Power, and $777 million from Chinese PV manufacturer JA Solar Technology.

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Bosch overview of global diesel markets; optimistic about US, China

Green Car Congress

The European countries with the highest sales of diesel vehicles are Germany, France, Italy, Spain, and the UK. Bosch anticipates that the number of diesel models available in North America will reach 60 by 2017. In 2012, the share of diesel engines in the large SUV segment stood at around 80%.

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