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Enovix raises $45M; working to develop its 3D Silicon Lithium-ion technology for EV market

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Rodgers and York Capital), and non-dilutive funding from market-leading customers. Based on successfully deploying 3D Silicon Lithium-ion Battery technology in portable electronic devices, Enovix is now working with leading international automobile manufacturers to develop its patented battery technology for the electric vehicle (EV) market.

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Pike forecasts $1.4B market for EV telematics by 2017

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Cumulative light-duty PEV deployments by segment, world markets: 2011-2017. billion by 2017, Pike forecasts. billion by 2017, Pike forecasts. Pike Research’s analysis indicates that, by the end of the forecast period, 80% of PEVs will come with connected vehicle systems installed. Source: Pike Research. Click to enlarge.

2017 261
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StreetScooter to form JV with Chery for electric light utility vehicles

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StreetScooter GmbH, a subsidiary of Deutsche Post and market leader for electric light commercial vehicles (eLCV), has signed a memorandum of understanding (MoU) with the Chinese automobile manufacturer Chery Holding Group (Chery) establishing a joint venture between the two companies.

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Forecast: Indias car sales to surpass 2.6M units; more affordable small cars and new demand

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A Business Monitor International (BMI) report forecasts that car sales in India will surpass 2.6 Although the levels of growth in October are unlikely to be sustained for the rest of the year to March 2011, BMI has revised its sales growth forecast for the financial year upwards to 25% for total four-wheel vehicles.

India 199
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Infineon Technologies and SAIC Motor establish power module JV in China

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SAIC Motor Corporation Limited and Infineon Technologies AG established a joint venture to manufacture power modules for the developing electric vehicle market in China. Infineon has established itself as a leader in all major markets for electric vehicles by providing cutting-edge semiconductor solutions.

China 218
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Green NCAP LCA study shows detrimental climate and energy impact of increasing vehicle weight, including EVs

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Compared to last year’s release, calculations consider the increasing share of battery production in Europe and use the forecast of energy supply in the period 2022‑2037. According to the European Automobile Manufacturers’ Association (ACEA), in 2022, 9.3 tonnes of additional greenhouse gas emissions and 5.7

Green 453
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Automotive sales in Russia in 2015 down 35.7%

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drop for the entire year, according to figures released by The Automobile Manufacturers Committee of the Association of European Businesses (AEB) in Russia. AEB member forecast for the total market in 2016 is to reach 1.53 Sales of new passenger cars and LCVs in Russia decreased by 457% in December 2015, with a 35.7%

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