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BMW Group plans > €30B on future-oriented technologies up to 2025; all-electric 7 Series model coming

Green Car Congress

The BMW Group plans to invest more than €30 billion up to 2025 in research and development to underscore its position as an innovation leader, said Oliver Zipse, Chairman of the Board of Management of BMW AG, at the company’s Annual Accounts Press Conference in Munich. This also expresses our confidence for the future business development.

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How Smart Energy Management for EV Charging Is Connected to the COP26 UN Climate Change Conference

Driivz

We found ourselves thinking about how Smart Energy Management for EV charging is connected to the COP26 UN Climate Change Conference; Countries from around the world continue to focus on reducing greenhouse gas (GHG) emissions as a key strategy for reducing the rate of global warming.

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Luxurious new K1 SUV added to Porsche EV charge, Cayenne to go electric

EV Central

A luxurious new electric seven-seat SUV to sit above the soon-to-be-EV Cayenne SUV has been confirmed by Porsche as part of its increasingly electrified future model mix. In the medium run the 718 will be exclusively available as an all-electric model,” he revealed.

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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). Although not part of the conferences formal structure, the themes were addressed in the presentations and panel discussions.

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Valeo acquires electric supercharger business from Controlled Power

Green Car Congress

As part of its strategy of developing solutions to reduce CO 2 emissions, Valeo has acquired the Variable Torque Enhancement System (VTES) ( earlier post ) business of UK automotive technology development company Controlled Power Technologies (CPT). Unlike exhaust-driven turbochargers, electric superchargers are driven by an electric motor.

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Tesla warned by Mexican President about water shortage issues

Teslarati

Due to this significant water usage, Mexico’s President Andrés Obrador has warned that the water shortage in the northern part of the country may inhibit manufacturing, such as at the proposed Tesla facility in Nuevo Leon. President Obrador addressed the water use concern at a press conference earlier today.

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Tesla makes ~$2.8B all-stock offer to acquire SolarCity

Green Car Congress

Tesla Motora has made an all-stock offer worth approximately $2.8B to acquire all of the outstanding shares of solar energy provider SolarCity. We seek to accelerate the world’s transition to sustainable transportation by offering increasingly affordable electric vehicles. This proposal represents a value of $26.50

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