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ACEA map: Affordability of electric cars, correlation between market uptake and GDP in the EU

Green Car Congress

The market uptake of electrically-chargeable vehicles (ECVs) is directly correlated to a country’s GDP per capita, showing that affordability is a major barrier to consumers. Germany – 3.0% (GDP of €41,510). Across the EU, 3.0% of all new cars registered in 2019 were electrically-chargeable (ECVs). and Italy 0.9%).

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CATL and BYD target 50% battery price cut this year to make EVs affordable – ET Auto

Baua Electric

This initiative is expected to bring down the price of its VDA specification lithium iron phosphate battery cells to RMB 0.4 This initiative is expected to bring down the price of its VDA specification lithium iron phosphate battery cells to RMB 0.4 per Wh, equivalent to USD 56.47 per Wh, equivalent to USD 56.47

BYD 52
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CATL plant in Germany starts mass producing battery cells

Push EVs

World’s biggest battery maker, CATL, has finally started producing battery cells in Europe. The first batch of lithium-ion battery cells rolled off the newly installed production line under series condition in CATT’s G2 building. Let’s see the press release. With a total investment of up to 1.8 PushEVs.

Germany 59
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Ford plans affordable small electric pickup and SUV, starting around $25,000

Baua Electric

Amid a flood of new competition, Ford is shifting plans to build more affordable electric vehicles. Ford plans smaller affordable EV pickup and SUV During an investor call last month, Farley revealed the company had been “secretly” working on a low-cost EV platform. However, it’s also exploring other EV battery tech.

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PSA and Total create JV for manufacture of EV batteries in Europe; €5B investment

Green Car Congress

With this partnership, the parties are setting up a world-class player in the development and manufacture of high-performance batteries for the automotive industry from 2023. At the end of this R&D phase, mass production could be launched in two “gigafactories”, in Douvrin (France) and Kaiserslautern (Germany).

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Volkswagen has 30k+ reservations for the ID.3 1ST edition; most from Germany, Norway, the Netherlands, Sweden and UK

Green Car Congress

Most of the pre-bookers live in Germany, Norway, the Netherlands, Sweden and the United Kingdom. 3 is the first model in an entire family of full-electric vehicles which the brand will be introducing with the intent of making e-mobility attractive and affordable for many people. batteries for eight years or 160,000 kilometres.

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Total, Groupe PSA forming JV to produce EV batteries in Europe; €5B program; €200M pilot plant at Saft Nersac

Green Car Congress

Energy major Total, through its wholly-owned subsidiary Saft, and Groupe PSA with Opel, intend to establish a joint venture named Automotive Cell Company (ACC) to develop EV battery manufacturing in Europe. The project will leverage cutting-edge R&D, notably provided by Saft, in order to produce EV batteries starting in 2023.

Europe 378