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Volkswagen Group, Siemens invests $450M in Electrify America

Green Car Congress

The Volkswagen Group and Siemens are investing $450 million in Electrify America, with a post-money valuation of $2.45 Through its financing arm Siemens Financial Services (SFS), Siemens becomes a minority shareholder in Electrify America with a low triple-digit million USD investment and will hold a seat on the board.

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Electrify America unveils its first application of megawatt-level energy storage

Green Car Congress

Electrify America recently unveiled its first application of a megawatt-level battery energy storage system (BESS) for electric vehicle (EV) charging stations, building upon the company’s existing BESS installations at more than 150 stations across the US, including more than 100 installations in California.

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Electrify America introduces Plug&Charge payment technology to its charging network

Green Car Congress

Electrify America’s ultra-fast charging network now offers Plug&Charge payment technology, which allows electric vehicle (EV) owners to begin a charge without reaching for their wallet, smartphone or bank card. Electrify America is the first company to offer this service to multiple automakers.

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Wallbox and Kia America partner on bidirectional EV charging; Quasar 2 and EV9

Green Car Congress

Wallbox is working with Kia America to bring bidirectional charging to Kia’s EV9 customers. By taking advantage of time-of-use utility rates in the US, users can enhance the impact of V2H technology by scheduling charging sessions at times when energy prices are low and discharging their car to power their home when prices are high.

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Goodyear introduces its first EV replacement tire in North America: ElectricDrive GT

Green Car Congress

The Goodyear Tire & Rubber Company has launched the new ElectricDrive GT, Goodyear’s first replacement tire in North America tuned for electric vehicles (EVs). We’re proud to deliver leading technologies to serve the evolving EV landscape. —David Reese, vice president, Product Development, Goodyear Americas.

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Volkswagen brand to invest €1B by 2026 in South America; targeting 40% growth in Brazil

Green Car Congress

The Volkswagen brand aims to make significant gains in South America with a major product offensive. 4 are coming to Brazil As a fast-growing car market, South America is of strategic importance to Volkswagen. To this end, we are investing one billion euros in South America by 2026. and the ID. Buzz and ID.4

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Goodyear introduces Powerload OTR tire lineup to N America; electric drive ready

Green Car Congress

The Goodyear Tire & Rubber Company introduced the Powerload lineup to the North America construction, loading, logistics support and landscaping markets. Goodyear Powerload 365/80R20 Powerload features include: Smooth Guard Technology supporting improved cut resistance and casing production in the shoulder and sidewall.

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