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Xpeng delivered 27k EVs in 2020; 5,700 in December

Green Car Congress

Xpeng Inc, a Chinese smart electric vehicle company, announced its vehicle delivery results for December 2020, the fourth quarter and year-ended December 31, 2020. The company’s December deliveries represent a 326% increase year-over-year and a 35% increase from November.

2020 321
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Toyota premieres Toyota-brand battery electric vehicles ahead of 2020 China launch

Green Car Congress

Toyota premiered its C-HR and IZOA battery electric vehicles (BEVs) as part of its activities on the opening day of Auto Shanghai 2019. The C-HR and IZOA will be the first battery-electric vehicles (BEVs) to launch in China under the Toyota brand. Sales on the new models are slated to start from 2020. C-HR / IZOA EV.

Toyota 322
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Direct lithium extraction company EnergyX secures $20M in funding commitments

Green Car Congress

Direct lithium extraction (DLE) technology company Energy Exploration Technologies Inc. The company said that the funding makes it the highest-valued direct lithium extraction technology company on the market. In 2020 global supply was roughly 315k tons; this is expected to rise to 5.5M Earlier post.) tons by 2040.

Companies 448
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BorgWarner on track for ~$3.7B of electric vehicle revenue by 2025

Green Car Congress

billion of electric vehicle revenue by 2025. The company now expects its 2022 electric vehicle revenue to grow to approximately $850 million—more than double what it was in 2021. Rhombus offers a broad portfolio of Underwriters Laboratory (UL)-certified DCFC charging solutions, including Vehicle-to-Grid (V2G) capabilities.

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Hyundai Motor Company extends warranties for more than 1M vehicles worldwide

Green Car Congress

Hyundai Motor Company launched a warranty extension policy for its vehicles worldwide. The program aims to support Hyundai customers who may face difficulties in getting vehicles serviced and repaired during the COVID-19 pandemic. million Hyundai vehicles in 175 countries will be eligible for the warranty extension.

Hyundai 207
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BYD, Toyota to establish joint company for battery-electric vehicle research and development

Green Car Congress

BYD Company Ltd. and Toyota Motor Corporation signed an agreement to establish a joint company to research and development for battery-electric vehicles (BEVs). Additionally, BYD and Toyota plan to staff the new company by transferring engineers and the jobs currently involved in related R&D from their respective companies.

BYD 283
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CapGemini: 87% of global consumers prefer personal vehicle to ensure safe travel, up from 57% in April 2020

Green Car Congress

Almost half of global consumers (46%) are considering purchasing a car in the next 12 months, an increase from 35% in April 2020. Without a clear end to the pandemic in sight, 87% of global consumers stated their safety and physical well-being, alongside that of their families, is best served through a personal vehicle.

Personal 265