article thumbnail

Nissan launches sustainable finance framework to fund electric vehicle and sustainable technologies

Green Car Congress

Nissan Motor is launching a sustainable finance framework to help fund its next-generation electrified vehicles, batteries, environmental technologies, and new mobility services. The Nissan Sustainable Finance Framework will enable Nissan to raise funds needed to further enhance its sustainability efforts. Management of the Proceeds.

Financing 199
article thumbnail

Volkswagen committing $7.1B to boost product line-up, R&D, manufacturing in North America; targeting 55% BEV sales by 2030

Green Car Congress

billion over the next five years in the North American region (NAR) (Canada, Mexico, United States) to boost its product portfolio, regional R&D and manufacturing capabilities. In all, Volkswagen Group brands plan to introduce more than 25 new battery electric vehicles (BEVs) to American consumers through 2030. 4 in 2022, the ID.

article thumbnail

Tesla’s cobalt-free battery strategy is making Elon Musk an actual “iron man”

Teslarati

Tesla quietly revealed in its Q1 report that nearly half the vehicles it produced in the first quarter of 2022 were equipped with cobalt-free lithium iron phosphate (LFP) batteries. LFP batteries are not a new innovation, but it has not been used as much in areas outside China. And things will likely only pick up from there.

Batteries 100
article thumbnail

BMW previews future electric SUV with faster charging, more range

Baua Electric

BMW Vision Neue Klasse X concept Neue Klasse models will also feature faster charging than current BMW EVs thanks to an 800-volt electrical architecture, and they’re at the leading edge of a battery shift for the company. “This lowers electricity costs and helps stabilize networks.” federal tax credits.

BMW 52
article thumbnail

BMW previews future electric SUV with faster charging, more range

Baua Electric

BMW Vision Neue Klasse X concept Neue Klasse models will also feature faster charging than current BMW EVs thanks to an 800-volt electrical architecture, and they’re at the leading edge of a battery shift for the company. “This lowers electricity costs and helps stabilize networks.” federal tax credits.

BMW 52
article thumbnail

First ever electric semi truck rides into Mexico with SDG&E

Baua Electric

The electric semi truck – one of 11 Peterbilt 579EV Class 8 trucks bought by San Diego-based Bali Express last year – made its first trip to Mexico carrying an unspecified load of goods through the Port of Entry at Otay Mesa, which connects Southern California to the city of Tijuana, Mexico. The big Petes have approx.

Mexico 52
article thumbnail

First look at all-new Voltec propulsion system for 2G Volt; “the only thing in common is a shipping cap”

Green Car Congress

The second-generation Volt, which makes its world debut in about 10 weeks at the North American International Auto Show in Detroit, features a clean-sheet, all-new Voltec propulsion system—new battery, new electric drive unit, new power electronics and new range-extending engine. The new direct-injected 1.5 —Larry Nitz.

Volt 341