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EC approves €3.2B public support by 7 Member States for a pan-European battery push

Green Car Congress

The European Commission has approved under EU State aid rules an Important Project of Common European interest (IPCEI) jointly notified by Belgium, Finland, France, Germany, Italy, Poland and Sweden to support research and innovation in the common European priority area of batteries. billion in funding.

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Joint IEA-NEA report details plunge in costs of renewable electricity; nuclear competitive with other baseload power sources

Green Car Congress

The cost of producing electricity from renewable sources such as wind and solar has been falling for several years. The report calculates the cost of producing electricity from different types of new power plants. The report calculates the cost of producing electricity from different types of new power plants. Source: IEA/NEA.

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SAIC showcases battery-electric Maxus EV80 van range at IAA

Green Car Congress

The total cost of ownership of EV80 variants in most European markets will be within 5% of their diesel-powered competitors over the lifetime of the vehicles. The total ownership costs could even be lower in some countries where local subsidies are more favourable. SAIC Motor’s car sales hit 6.93 million units in 2017, up 6.8%

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Polestar’s Q3 revenue and gross profit skyrocket, operating loss trims by 33%

Teslarati

The growth was mainly driven by higher Polestar 2 sales and continued commercial expansion across markets. Revenue per vehicle decreased slightly, Polestar said, attributing the slight reduction to product and market mix. and the USA. The company’s $1.48 billion that Polestar expects to deliver for the full year.

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Canoo Pickup, Kia EV6, Honda and Mini EV Plans: EV Week in Review – Mar 9-15

EV Adoption

However, given the current popularity of crossovers, the inclusion of at least some crossover DNA was likely necessary from a marketing perspective. Austria, Belgium, Greece, Ireland, Lithuania, Luxembourg and Malta also signed up. That facility was previously used by electric car manufacturer Green Tech Automotive.

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