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Mercedes-Benz will be producing 8 all-electric EQ models in 2022

Green Car Congress

In 2022, Mercedes-Benz’ global portfolio will include eight all-electric Mercedes-EQ models. The global Mercedes-Benz production network is ready for the company’s electric product offensive and is integrating its Mercedes-EQ models into series production in its existing plants. kWh/100 km) started in Vitoria, northern Spain.

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Volkswagen starts pre-production in first China plant focused only on e-mobility; MEB-based vehicles from Oct 2020

Green Car Congress

The new plant of The SAIC Volkswagen joint venture’s new plant—which is dedicated to production of all electric vehicles on Volkswagen’s Modular Electric Drive Matrix (MEB)—has been completed in Anting, Shanghai. Celebrating the start of pre-production, a first China-specific all-electric Volkswagen ID.

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Audi and FAW establishing new JV company for production of PPE-based EVs in China

Green Car Congress

Audi and FAW are forming a new new cooperation company for the future production of PPE-based electric vehicles in Changchun in the northeast of China. PPE will take on the role in the world of electric vehicles that the modular longitudinal platform (MLB) holds in vehicles powered by combustion engines. FAW Audi Sales Co.,

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BMW boosts CATL battery order to €7.3B, signs €2.9B battery order with Samsung SDI

Green Car Congress

billion (contract duration from 2020 to 2031), with €4.5 billion for the Chinese production site of the BMW Brilliance Automotive Ltd. The BMW Group has also signed a long-term supply contract for its fifth-generation electric drive trains with its second battery cell supplier, Samsung SDI. billion for the BMW Group and €2.8

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Volkswagen Group further advancing electromobility offensive in China; LoI with FAW Group, ICV; investing €15B through 2022

Green Car Congress

As part of the 5 th German-Chinese government consultations, the Volkswagen Group China signed letters of intent with a long-time joint-venture partner, the FAW Group, and with the China Intelligent and Connected Vehicles (Beijing) Research Institute Co. ( Earlier post.) The car of the future will not just be powered by electricity.

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Audi targeting sales of 800,000 BEVs and PHEVs in 2025

Green Car Congress

Audi aims to sell approximately 800,000 fully electric cars and plug-in hybrids in the year 2025. Also in electric mobility, we want to become the Number 1 among the premium manufacturers—with full suitability for everyday use, no compromises, top quality and driving pleasure for the customer.

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Ford reaches $100B market cap thanks to the Jim Farley Effect

Teslarati

Ford’s stock has increased in value by over 269% since CEO Jim Farley took his post as head of the automaker in October 2020. Ford’s planned production increases of both the F-150 Lightning and Mustang Mach-E, two of its first three fully electric vehicles, have been the momentum behind the stock’s most recent increases.

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