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SoftBank to invest $2.25B in GM Cruise; GM to add $1.1B; driving large-scale AV deployment

Green Car Congress

We are very impressed by the advances made by the Cruise and GM teams, and are thrilled to help them lead a historic transformation of the automobile industry. equity stake in GM Cruise and will afford GM increased flexibility with respect to capital allocation. The SoftBank Vision Fund investment will be made in two tranches.

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Tesla and Toyota to revisit old partnership for new EV development: report

Teslarati

Citing an official from the Japanese automobile industry, the Chosun Ilbo , one of South Korea’s largest newspapers, stated that the upcoming partnership between Tesla and Toyota would likely result in the development of a small electric SUV. kWh usable) battery pack, which came from Tesla.

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Feature: Top 6 Reasons Why an EV Is the Right Choice

Clean Fleet Report

One of the reasons behind the drastic increase in sales was the more affordable price range of the Tesla Model 3, a best-seller in the U.S., Tesla’s Model 3 paved the way to powerful, affordable EVs. Electric Vehicles are Affordable. In 2019, the sales of electric vehicles totaled 1.1 Europe and China.

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EIA: China promoting both fuel efficiency and alternative-fuel vehicles to curb growing oil use

Green Car Congress

In its 12 th , and current, Five-Year Plan, the Chinese government also launched a new strategy to promote new energy vehicles (NEV; vehicles that are partially or fully powered by electricity) and to support its domestic automobile industry to mass-produce NEVs. China Electric (Battery) Fuel Efficiency Oil Policy'

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VW Chief Executive Says Company Will Introduce EVs Based on the Up! New Small Family in 2013; Cautions Against Electro-Hype

Green Car Congress

Within a decade, he added, Volkswagen wants to offer significant numbers of pure electric cars at affordable prices and with the range expected by customers. VW, Daimler subsidiary Daug and Varta developed a NimH battery in the early 90s, and the VW group put the Audi duo hybrid on the road in 1997. Martin Winterkorn. Earlier post.).

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Renault presents the 235 mpg EOLAB prototype; plug-in “Z.E. Hybrid”; targeting production

Green Car Congress

kWh battery, the motor is sufficient to power the light weight car under electrical power. As a lighter car needs less energy to be moved forward, the battery can be both smaller and less expensive. The lithium-ion battery differs from the batteries that equip Renault’s Z.E. Hybrid system. Click to enlarge. Fed by a 6.7

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How 3D Printing Can Disrupt the EV Sector

Get Electric Vehicle

The advancement of sand 3D printing technologies to improve the capabilities of the old casting industry may become more widespread as it can handle high throughput manufacturing as required by the automobile industry. Unlike traditional ICE vehicles, electric vehicles are powered by batteries. Design Stage. #1

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