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New EV market share in Europe hits 7.2% in Q2 2020, up from 2.4% in same period last year

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In the second quarter of 2020, the market share of electrically-chargeable vehicles increased to 7.2% share during the same period last year, according to figures from ACEA (European Automobile Manufacturers Association). From April to June 2020, registrations of electrically-chargeable vehicles (ECV) rose by 53.3%

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Sales of chargeable vehicles more than triple in EU in Q3 to take 9.9% new market share

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In the third quarter of 2020, 9.9% of passenger cars sold in the EU were electrically-chargeable vehicles, compared to 3.0% during the same period last year, according to data from the European Association of Automobile Manufacturers (ACEA). million units in the third quarter of 2020. in July-September 2019 to 75.4%

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Enovix raises $45M; working to develop its 3D Silicon Lithium-ion technology for EV market

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The facility is expected to produce batteries for delivery in late 2020 and to reach a run-rate of 8 million units per year as it ramps in 2021 and 2022. —Harrold Rust, Enovix co-founder and CEO. Enovix has also signed new agreements with two additional portable electronics companies.

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Bain: Germany’s goal of 1M electric cars by 2020 is unattainable; fewer than 50,000 units on road by end of this year

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The German Federal Government plan to have one million electric cars on its roads by 2020 has failed, according to the analysis of international management consulting firm Bain & Company. In 2014, Germany had only about 26,000 pure electric cars and plug-in hybrids registered.

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GAC Group begins construction of $6.5B industrial park for electric and intelligent vehicles

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China-based automobile manufacturer Guangzhou Automobile Group (GAC Group), the parent company of GAC Motor, has begun construction of a large industrial park for electric and intelligent vehicles as part of its efforts to boost its electric vehicle business. More than 45 billion yuan (US$6.5

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EUCAR calls for targeted support for automotive initiatives in €80B Horizon 2020 program; targeting €5B budget

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The European Council for Automotive R&D ( EUCAR ) is calling for a number of priority automotive research and innovation (R&I) initiatives in Europe’s Horizon 2020 program to support competitive and sustainable road transport and for these initiatives to be supported by a substantial €5-billion budget. about €5 billion (US$6.3

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Schaeffler demo vehicle hits 2020 CAFE targets without electrification; 15% cut in fuel consumption; 48V hybrid system for 2025

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At the North American International Auto Show (NAIAS), Schaeffler highlighted its range of fuel-efficiency technologies and systems in the form of its current demonstration vehicle: Efficient Future Mobility North America. Schaeffler Efficient Future Mobility North America demo vehicle in Detroit. Click to enlarge.

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