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GlobalData: Global battery energy storage market to grow by 7% to reach $13.13B by 2023

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The global battery energy storage market will to grow to $13.13 Asia-Pacific (APAC) and EMEA will be the dominant markets for battery energy storage systems over the forecast period 2019-2023. The US market for battery energy storage is estimated to reach $2.96bn in 2023, accounting for 23% of the global market.

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Volkswagen Commercial Vehicles unveils 5 battery-electric and fuel cell vehicles; I.D. BUZZ CARGO

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The electric campaign is now gaining momentum at the 2018 IAA Commercial Vehicles show. The models can be delivered with different battery sizes according to the vehicles’ intended use and budget. Last year, the company presented the brand’s first all-electric van with the world premiere of the new e-Crafter. Earlier post.)

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BASF and Nornickel partner to supply cobalt and nickel battery materials

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BASF and Nornickel have established a strategic cooperation to meet the growing needs for battery materials in electric vehicles. BASF has selected Harjavalta, Finland, as the first location for battery materials production serving the European automotive market. —Jeffrey Lou, Senior Vice President, Battery Materials at BASF.

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Mercedes-Benz unveils new Sprinter; focus on connectivity; electric drive in 2019; realizing adVANce

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As the first fully connected integral system solution, the third generation of the Sprinter demonstrates the development of the division from purely a vehicle manufacturer into a provider of complete transport and mobility solutions, the company said. (Duisburg is home to the world’s largest inland port.) Mercedes-Benz is investing some €2.5

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Ford outlines strategic plan to investors; connected, smart vehicles and services, EVs and financial fitness

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In New York yesterday, Ford Motor Company provided a strategic update to investors; the presentation follows a four-month deep dive into Ford’s strategy and business operations led by President and CEO Jim Hackett and Ford’s senior leadership team. By 2019, 100% of Ford’s new US vehicles will be built with connectivity.

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Audi of America and Arcadia offer renewable energy subscription with e-tron or e-tron Sportback lease or purchase

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Arcadia connects renters and homeowners across the US to wind and solar energy through utility data and billing technology. In select markets within Colorado, Illinois, Maine, Maryland, Massachusetts, New York, and Rhode Island, Arcadia’s platform connects qualifying customers to community solar projects in their area.

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Hermes to deploy 1500 Mercedes-Benz Sprinter and Vito electric vans by 2020; pilot project in 2018

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The companies are to start using battery-electric vehicles in the logistics provider’s normal operations in a pilot phase in Stuttgart and Hamburg in early 2018. Only electricity from 100% regenerative energy sources will be used to charge the electric vehicles’ batteries. The test started in April 2016. Earlier post.)

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