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CBAK Energy partners with JAC Motors to develop new battery cells, including 4680 format

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CBAK Energy Technology, a lithium-ion battery manufacturer and electric energy solution provider, signed a three-year strategic agreement with Anhui Jianghuai Motors Group Co., JAC Motors is a Chinese state-owned automobile and commercial vehicle manufacturer. Ltd for joint product development.

Motor 297
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General Motors to recall all additional Bolt EVs, through MY 2022, for battery replacement; $1B cost

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General Motors is voluntarily expanding the current Chevrolet Bolt EV recall ( earlier post ) to cover the remaining 2019 and all 2020-2022 model year vehicles, including the new Bolt EUV. Batteries with these new modules will come with an 8-year/100,000-mile limited warranty (or 8-year/160,000 km limited warranty in Canada).

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EV developer Rivian closes $2.5B funding round; raised $10.5B in total since 2019

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The financing was led by Amazon’s Climate Pledge Fund, D1 Capital Partners, Ford Motor Company and funds and accounts advised by T. billion since 2019. In February 2019, Rivian announced a $700-million funding round led by Amazon. In February 2019, Rivian announced a $700-million funding round led by Amazon.

2019 334
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Mercedes-Benz acquires electric motor technology company YASA

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Under the terms of the acquisition, YASA will operate as a wholly owned subsidiary of Mercedes-Benz, developing ultra high-performance e-motors, while retaining its own brand, team, facilities and continuing to supply existing automotive supercar customers. YASA’s axial-flux electric motor. —Chris Harris, CEO, YASA.

Mercedes 459
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Hybrids represented 52% of all Toyota Motor Europe sales in 2019; 63% in West Europe

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Toyota Motor Europe reported 2019 sales of 1,089,422 Toyota and Lexus vehicles, an increase of +5.2% A total of seven new model launches in 2019 across both brands provided additional momentum for year-on-year growth. in 2019 to a record 87,206 vehicles, posting a sixth consecutive year of growth with sales doubling since 2013.

Europe 243
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BMW Group Dingolfing factory to supply batteries for MINI EV from 2019

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The BMW Group’s Dingolfing plant in Germany will supply the batteries for the all-electric MINI to be built in late 2019 in Oxford, South England. The batteries for the vehicle will come from the new battery production facility in Dingolfing; the electric motors from the neighboring BMW Group plant in Landshut.

BMW 259
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Hyundai Motor Group to pilot autonomous car-hailing Roboride service in Gangnam District

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Hyundai Motor Group will pilot a RoboRide car-hailing service in Gangnam in Seoul, South Korea, utilizing IONIQ 5 battery-electric vehicles (BEV) with in-house developed level 4 autonomous driving technology. —Woongjun Jang, Senior Vice President and Head of the Autonomous Driving Center of Hyundai Motor Group.

Hyundai 448