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ACEA study finds cost still strong deterrent for EV uptake across Europe; calls for “realistic” targets recognizing affordability

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A new study by the European Automobile Manufacturers’ Association (ACEA) finds that the affordability of electric cars remains a strong deterrent for customers across the EU, along with lack of infrastructure and lack of investment in infrastructure. —Erik Jonnaert, ACEA Secretary General. —ACEA report.

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Dongfeng Fukang ES600 becomes the third model to embrace CATL’s modular battery swap solution EVOGO

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Limited (CATL), Dongfeng Peugeot Citroen Automobile Co., In the future, with the support of the nationwide EVOGO service network, the owners of the EVOGO version of Dongfeng Fukang ES600 will enjoy affordable and convenient battery swapping services. Battery-maker Contemporary Amperex Technology Co.,

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Archer taps FCA to accelerate eVTOL production

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Archer, a manufacturer of electric vertical takeoff and landing (eVTOL) aircraft, and Fiat Chrysler Automobiles (FCA) have entered into a definitive agreement to enable Archer to benefit from access to FCA’s low-cost supply chain, advanced composite material capabilities, and engineering and design experience. trillion by 2040.

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Hyundai Motor Group’s Supernal unveils eVTOL vehicle cabin concept at 2022 Farnborough International Airshow

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Beyond the vehicle, Supernal is collaborating with external partners and the Group’s more than 50 affiliates—which span automobiles, automotive parts, construction, robotics and autonomous driving—to co-create the expansive AAM value chain. —Jaiwon Shin, President of Hyundai Motor Group and CEO of Supernal.

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Toyota invests $394M in, collaborates with Joby on air mobility

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Toyota is collaborating with Joby Aviation (Joby), an aerospace company that is developing and commercializing all-electric vertical take-off and landing (eVTOL) aircraft to enable the deployment of fast, quiet and affordable air transportation services. Joby’s eVTOL. Joby’s eVTOL. —Joby Aviation founder and CEO JoeBen Bevirt.

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California Energy Commission awards UCLA $1.9M for research on sustainable communities; reduction in use of automobiles and VMT

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The center will conduct and coordinate research and development activities on sustainable communities, serving as a statewide resource for metropolitan planning organizations, local governments, and policy makers. Better land use planning and design of community systems.

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Honda to invest $40B over 10 years in electrification and software; launching 30 EV models by 2030; > 2M units p.a.

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In a press briefing held in Tokyo on its initiatives in automobile electrification, Honda announced that it will spend approximately ¥5 trillion (US$40 billion) in the area of electrification and software technologies to further accelerate its electrification over the next 10 years, including both R&D expenses (¥3.5 trillion / US$12 billion).

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