article thumbnail

Solid-state battery company Solid Power closes $130M Series B led by BMW, Ford and Volta

Green Car Congress

Solid Power, a developer of all solid-state batteries for electric vehicles, announced a $130-million Series B investment round led by the BMW Group, Ford Motor Company and Volta Energy Technologies. BMW and Ford now share leading positions in the race for solid-state battery-powered electric vehicles.

BMW 243
article thumbnail

Report: Mercedes Having Tough Time Selling EVs

The Truth About Cars

Citing Edmunds data that shows Mercedes-Benz dealers took an average of 82 days to sell the brand's battery-powered EQ models in September (double BMW's 38-day turnaround rate while also being above the luxury segment average of 57 days), the outlet was hoping to shed some light on the matter.

Mercedes 127
article thumbnail

Video Test: 6 EVs Tested—Back-to-Back

Clean Fleet Report

New EVs Range from Affordable to Outrageous. We started with the flashiest EV in the lineup, the 2022 BMW i4 M50. BMW i4 M50. Toyota and Subaru have joined forces to develop and produce similar electric models, built on the same platforms with the same battery power plants, yet slightly different exterior styling.

Kia 88
article thumbnail

Kia EV9 wins Women’s Worldwide Car of the Year 2024 title | Autocar Professional

Baua Electric

It will be the vehicle we look back on down the road and say ‘that is when EVs became truly affordable, user-friendly and desirable for all consumers’. It should win over many buyers who aren’t used to battery power and will be more comfortable with a vehicle that feels familiar to them.”

Kia 52
article thumbnail

More details about California’s proposal requiring bidirectional charging capabilities for all EVs

Charged EVs

The case that I made for the Senate is that bidirectional capabilities, with the right V2G business model, can reduce the total cost of ownership of an EV, and therefore make EVs more affordable. BMW was involved with the V2G pilot of the University of Delaware many years ago. Volkswagen has been working on it.

Charging 132
article thumbnail

As Electric Car Makers Ante Up Billions, Software Is Ace in the Hole

Cars That Think

Further, if the EV range gains slow down over the next decade as expected, an EV's software-driven features along with their affordability , will decide the winners of the potential $1.1 There are three main electric vehicle drivetrain designs that an EV manufacturer can choose to pursue: battery powered , hybrid , and or fuel cell.

article thumbnail

China puts its electric vehicles on center stage - China automotive news

Tony Karrer Delicious EVdriven

Some of the new and updated models, such as a battery-powered version of Geelys Panda hatchback, may hit the market as early as October, and in some cases they might carry price tags low enough for farmers and other rural residents with limited financial means. This news story has been successfully emailed to you friend(s).

China 28