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.

2020 259

Tesla’s EVs still have great financing deals compared to rivals, even with recent price increases


Tesla’s electric vehicles are premium-priced, but their financing deals make them quite compelling against their rivals in the EV market. In a way, Tesla’s financing deals involve interest rates that could end up undercutting the costs of rival EVs by a notable degree.


Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

Stena Line introducing battery-electric operation to ferry; three stages up to 50 all-electric nautical miles

Green Car Congress

Stena Line, one of Europe’s leading ferry companies with 38 vessels and 21 routes in Northern Europe, is introducing battery power to its operations. Stena recently signed with Callenberg Technology Group for 1 MWh of batteries which will be installed on Stena Jutlandica which operates between Gothenburg and Frederikshavn. The objective of accomplishing this in several steps is to test and gather knowledge about electrical operation along the way.

2018 250

UCLA orders all-electric shuttle bus powered by Motiv Power Systems

Green Car Congress

The University of California, Los Angeles (UCLA) has placed an order for a new all-electric shuttle bus powered by Motiv Power Systems ’ All-Electric Powertrain. This battery-electric buse is the first Motiv powered shuttle bus to operate on a university campus. Developed in partnership with Commercial Fleet Financing, the shuttle bus is projected to be delivered in early 2018. Electric (Battery) Fleets

2017 150

Fisker Ocean electric SUV starts at $37,499, pre-tax credit; leases for $379/mo

Green Car Congress

Fisker is pricing its new Ocean electric SUV with an MSRP of US $37,499. After the US federal tax credit is applied, the cost of the Fisker Ocean drops to a starting price of US$29,999 (US). Electric (Battery

2020 227

Electric pickup startup Lordstown Motors goes public via SPAC; $1.6B transaction

Green Car Congress

Lordstown Motors Corporation, a startup developing an all-electric pickup truck serving the commercial fleet market, merged with DiamondPeak Holdings Corporation, a special purpose acquisition company (SPAC). The $1.6-billion transaction provides Lordstown Motors with $675 million of gross proceeds. Lordstown Motors will use the site to build the Endurance, its flagship fully-electric full-size pickup truck designed specifically to serve the commercial fleet market.

2020 264

The Boring Co. becomes finalist for San Antonio, Texas transport project


The Boring Company (TBC) is one of the finalists vying for a tunneling project in San Antonio, Texas. Rumors of a Boring Company tunnel in San Antonio spread last year. The Boring Company estimated that the cost of the twin tunnels would be between $241 million to $298 million.

XL Fleet and eNow partner to electrify refrigerated trailers

Green Car Congress

a provider of solar and battery power systems that enable fully-electric Transport Refrigeration Units (eTRUs) for Class 8 commercial trailers. eNow has pioneered the development of mobile solar battery charging systems to the commercial fleet market since 2011. XL Fleet Corp.

Fleet 238

Lightning Systems receives California ARB Executive Order for the Transit Bus Repower powertrain

Green Car Congress

Lightning Systems, a developer of zero-emission powertrains for commercial fleets, has received an Executive Order from the California Air Resources Board (CARB) for the Lightning Electric Transit Bus Repower, with HVIP approval expected within the next several weeks. The Transit Bus Repower is a full-featured powertrain conversion of an existing diesel transit bus to a battery-electric bus. —Nick Bettis, director of business development, Lightning Systems.

2019 228

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

Green Car Congress

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.

2020 270

Feature: Bridging the EV Affordability Gap

Clean Fleet Report

The number of plug-in electric cars nearly doubled from 40 to more than 70 vehicles this year, including attractive SUV crossovers in the $40,000 range like the Ford Mustang Mach-E and the Volkswagen ID4. Only 6% of EV Drivers Make Less than $200,000/Year.

2,150 Workhorse W-15 range-extended electric pickups under letters of intent by fleets

Green Car Congress

has received Letters of Intent from fleets totaling 2,150 of the Workhorse W-15 range-extended electric pickup trucks. The Letters of Intent have come from Duke Energy, Portland General Electric, the City of Orlando, Southern California Public Power Authority, Clean Fuels Ohio and one other utility. Subject to development, regulatory approval and financing, once production commences, Workhorse expects the W-15 to have a $52,500 MSRP.

2017 150

Fisker opens reservations for Ocean SUV; cost starts as low as $379/month

Green Car Congress

opened reservations for the Ocean electric luxury SUV, arriving in 2022, through its website and native mobile app—available globally on the App Store and Google Play store. —Henrik Fisker, chairman and CEO of Fisker Inc. Electric (Battery Fisker Inc.

2019 244

Orange EV approved to give up to $150K discount for electric terminal trucks with NY EV vouchers

Green Car Congress

Orange EV, a manufacturer of battery-electric heavy-duty trucks, announced that fleets in the state of New York can now save up to $150,000 per T-Series pure electric terminal truck (the 160 kWh model; the 80 kWh model is approved for a $123,960 voucher). Discounts are enabled by the New York State Electric Vehicle – Voucher Incentive Fund ( NYSEV-VIF ). NYSEV-VIF has $9 million available in voucher incentives for all-electric battery vehicles.

2016 200

India’s electric four-wheeler ride-hailing fleet incentives

Electric Vehicles India

India’s electric four-wheeler ride-hailing fleet incentives. The Delhi, Hyderabad and Bangalore cities are among the top markets for ride-hailing four-wheelers in India and have the highest shares of electric vehicles when compared to the other cities in India.

India 52

Electrify Your Fleet Faster With Incentives and Rebates

EV Connect

Not long ago, the idea that major corporations around the world would make the bold move of switching to all-electric vehicle fleets would have seemed far-fetched, if not inconceivable. This credit covers 30% of the cost of the station up to $30,000.

School Transport Goes Electric

EV Connect

Since 2010, EV Connect ’s path to expand and provide smart electric vehicle charging infrastructure has led them to branch out into numerous industries and sectors. One of EV Connect’s latest collaborations is with the Sunnyvale School District (SSD) in northern California.

BMW expects to have solid-state battery in a demonstrator vehicle well before 2025; IPCEI grants

Green Car Congress

In March, BMW presented the Neue Klasse generation of vehicles, to be launched by the middle of this decade, which will be clearly focused on all-electric drivetrains. For the Neue Klasse, the BMW Group is developing the next generation of its battery technology. With the Neue Klasse, we will make a big leap in technology in electric drive. We will also significantly reduce the use of primary material to ensure a truly 'green' battery.

Grant 163

Mercedes-Benz will offer electric drive on all commercial van lines; electric eVito now available to order, eSprinter in 2019

Green Car Congress

Mercedes-Benz Vans will offer electric drive options on all its commercial van model lines. This will start with the mid-size eVito, with deliveries commencing in the second half of 2018. The eVito, the second all-electric production model from Mercedes-Benz Vans after the 2010 Vito E-Cell, starts at €39,990 (US$47,000) (in Germany excl. The commercial model ranges with electric drive will thus cover all requirements from people moving to goods transport.

2017 163

Next 10 report finds California will meet or exceed original target of 1.5M ZEVs by 2025

Green Car Congress

A newly released analysis produced by Beacon Economics for the nonprofit, nonpartisan think-tank Next 10 has found that California’s zero-emission vehicle (ZEV) market is on track to meet or exceed a target of 1.5 The report shows that projected global ZEV adoption from 2015 to 2039 (based on the BNEF 2017 forecast) may follow an s-curve, similar to that of smartphone adoption in the US from 2005 to 2015. As of October 2017, 337,483 ZEVs have been sold in California.

2018 183

Obama Administration launches series of actions to accelerate EV adoption; inc. $4.5B in loan guarantees, pursuing 350 kW fast charge

Green Car Congress

The Obama Administration has announced a series of actions from the Federal government, private sector, and states, as well as a new framework for collaboration for vehicle manufacturers, electric utilities, electric vehicle charging companies, and states, all geared towards accelerating the deployment of electric vehicle charging infrastructure and putting more electric vehicles on the road. Electric vehicle coalition. Hawaiian Electric.

2016 238

InDEED, a success

Electric Auto Association

Drive Electric Earth Day sets new records in attendance. Drive Electric Earth Day parade in Riverside, California. We’re clearly at an inflection point,” said April Bolduc, President of the EAA. We connected with a lot of people.” Thanks and congratulations to all!

Auto 78

Drive Electric Submission on the Emissions Reduction Plan Discussion Document

Drive Electric

Drive Electric Submission: Emissions Reduction Plan Discussion Document. Drive Electric is a not-for-profit advocacy organisation supporting the uptake and mainstreaming of e-mobility in New Zealand, a key part of decarbonising transport. . Role of ETS .

Your Guide to Electric-Vehicle Charging-Station Tax Credits

EV Connect

Installing electric-vehicle (EV) charging stations on your property can benefit your business in many ways — from attracting customers to luring top talent. And thanks to a variety of tax credits and incentive programs, the barrier to entry may be lower than you think.

BMW announces partners and services for 360° Electric portfolio for BMW i drivers

Green Car Congress

BMW of North America has announced the partnerships and programs comprising its 360° Electric portfolio. Available in early 2014, 360° Electric is a portfolio of consumer-oriented offerings designed to overcome commonly perceived barriers to purchasing an electric vehicle. 360° Electric encompasses products for home and public charging, assistance services, and flexible mobility. Electric (Battery

2013 214

China publishes plan to boost fuel-efficient and new energy vehicles and domestic auto industry; targeting 500K PHEVs and EVs in 2015, rising to 2M by 2020

Green Car Congress

China’s State Council has published a plan to develop the domestic energy-saving and new energy vehicle industry, which includes battery-electric vehicles, plug-in hybrid vehicles and fuel cell vehicles. The central government’s plan, posted on its website, is targeting the production of 500,000 plug-in hybrid and electric vehicles by 2015, with output to grow to 2 million units of those types by 2020. Electric drive system power density of 2.5

2012 273

Axial Vector Energy Corporation Develops Hybrid Electric Drive Train Featuring Axial Engine and New Electric Clutch

Green Car Congress

Axial Vector Energy Corporation (AVEC) has developed a new hybrid electric drive train comprising a small axial-type, multi-fuel AVEC engine ( earlier post ), an AVEC generator/motor and an all new electric clutch. The electric clutch is composed of AVEC permanent magnets and coils and is engaged when the two come in proximity. When the batteries are fully charged, the vehicle is 100% electric. Tags: Electric (Battery) Engines Hybrids Motors

2010 207

DOE releases five-year strategic plan, 2014-2018; supporting “all of the above” energy strategy

Green Car Congress

The US Department of Energy (DOE) released its five-year 2014-2018 Strategic Plan. The overarching goal for Science and Energy is: “Advance foundational science, innovate energy technologies, and inform data driven policies that enhance US economic growth and job creation, energy security, and environmental quality, with emphasis on implementation of the President’s Climate Action Plan to mitigate the risks of and enhance resilience against climate change.”

2014 200

How To Make Sure EV Infrastructure Is Energy Efficient

EV Connect

Public policy and manufacturing initiatives are rapidly shifting toward electric vehicles (EV). But as the push toward all-electric roadways gets more aggressive, so does the pushback. Are Electric Vehicles Really More Energy Efficient? Here, too, electric vehicles excel.

MIT researchers conclude fundamental changes in the US energy-innovation system are needed to meet challenges of climate change and energy supply

Green Car Congress

A three-year study by a team of researchers based at MIT has concluded that fundamental changes are needed in the US energy-innovation system. Without systematic, transformative changes, the US is unlikely to succeed either in averting the worst economic and environmental consequences of climate change or in achieving a secure, affordable and reliable energy supply. A carbon price must surely be a part of any energy transition strategy.

ICCT report highlights importance of California ZEV mandate for EV policies worldwide, recommends steps forward

Green Car Congress

California’s Zero Emission Vehicle (ZEV) mandate ( earlier post ) remains an indispensable driver of electric vehicle policies worldwide, unique in its ability to foster technology-neutral research and development, according to a new report by the International Council on Clean Transportation (ICCT). It highlights the declining cost of EV technologies but also persistent market uncertainties. Costs of transitioning to a self-sustaining market.

2011 210

Canoo Pickup, Kia EV6, Honda and Mini EV Plans: EV Week in Review – Mar 9-15

EV Adoption

Another crazy week in the world of EVs, with lots of announcements on the automaker and battery front. The as-of-yet unnamed truck will be offered in dual- or rear-motor configurations, with output ranging up to 600 horsepower and 550 pound-feet of torque. Finance.

Sen. Baucus draft for energy tax reform focuses on clean production of electricity and fuels; repeals plug-in vehicle credits

Green Car Congress

Senate Finance Committee Chairman Max Baucus (D-Mont.) introduced the latest in a series of discussion drafts to overhaul the US tax code. This new staff discussion draft focuses energy tax policy on stimulating domestic, clean production of electricity and transportation fuels, which account for 68% of energy consumed in the US. It also would repeal a number of current tax incentives, including those for plug-in electric vehicles and fuel cell vehicles.

2013 237

LIVE BLOG: Tesla (TSLA) Q1 2021 earnings call summary


Tesla’s ( NASDAQ:TSLA ) first-quarter earnings call comes on the heels of an impressive quarter that saw the electric car maker post $10.389 billion in revenue and non-GAAP earnings per share of $0.93, beating Wall Street’s expectations.

Texas 81

Solar Powered Greenius Producing Massive South Bay Energy

Creative Greenius

Marilyn Lyon of the SBESC with your Creative Greenius at the PV Street Fair June 7. As our climate change crisis worsens and spins out of control with each passing day there’s no time to spare for those of us whose job it is to educate and motivate our fellow citizens to actions that cut our greenhouse gas emissions. As all Lakers and NBA fans know, if you’ve got Mr. Momentum wearing your jersey you’re going to go on a scoring run. The rate of $0.32

2009 163

US DOT Awards $100M in Recovery Act Funds to 43 Transit Projects to Reduce Energy Consumption and Greenhouse Gas Emissions

Green Car Congress

The US Department of Transportation (DOT) is awarding $100 million in Economic Recovery Act funding to 43 transit agencies for projects to reduce energy consumption and greenhouse gas emissions from both vehicles and facilities. The 43 winning proposals were submitted by transit agencies from across the country as part of a nationwide competition for the $100 million in American Recovery and Reinvestment Act of 2009 (ARRA) funds. Of that, $26.5

2009 220

Hawaii opts for EVs and renewable energy

Revenge of the Electric Car

It’s located close to the town of Hilo on the island’s east side and on the flank of Kilauea, the world’s most active volcano. This is the entire control room of the 30 megawatt facility. Two affable men explained how the whole plant worked inside of ten minutes. A second well is drilled close by and the steam is released into ten turbines that generate electricity. There is no pollution to speak of with these plants.

2008 100

Profile: Li-ion Battery and Pack Supplier Valence Technology

Green Car Congress

The olivine structure of one of Valence’s lithium iron magnesium phosphate materials. The view is looking along an axis of the crystal structure. The (blue) oxygen ions are made very small to permit viewing of the arrangement of the other ions. a provider of lithium-ion batteries, modules and packs. Iron phosphate is well regarded for its safety characteristics; A123Systems is another significant supplier of cells derived from this chemistry.

2009 150

A 100 m.p.g. truck? A Bright IDEA | | Detroit Free Press

Tony Karrer Delicious EVdriven

A largely unknown automaker  Bright Automotive of Anderson, Ind. will be unveiling its IDEA, a 100 miles-per-gallon plug-in hybrid electric vehicle. mark has pretty much been the Holy Grail in the land of alternative vehicles for some time. For years now, inventors and sellers of electric car conversion kits have been blasting traditional automakers for not providing the 100 m.p.g. is already selling an all-electric, zero-emission Roadster.

2009 47

Greentech Media | The Bus With Plug and Play Batteries

Tony Karrer Delicious EVdriven

Email The Bus With Plug and Play Batteries With Adura's drive train, you can run on different types of lithium-ion batteries or ultracapacitors. by: Michael Kanellos April 20, 2009 A 1/10th size scale prototype of an electric vehicle powered by Aduras drive train. One of the keys to the system is its modularity. The battery packs, which can hold up to 22 kilowatt hours of power each, slide in on rails. But the cost?

2009 30

Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

News | Markets | Technology | Personal Finance | Small Business | RSS Newsletters Video Home Fortune 500 Technology Investing Management Rankings Warren Buffett takes charge Warren Buffett hasnt just seen the car of the future, hes sitting in the drivers seat. Why hes banking on an obscure Chinese electric car company and a CEO who - no joke - drinks his own battery fluid. BYDs breakthrough all-electric E6, photographed at this years Detroit auto show.

2009 51

Chrysler unveils new electric minivan for the US Postal Service

Tony Karrer Delicious EVdriven

Subscribe Green News Events Manufacturers Region New Cars Used Cars Filed under: EV/Plug-in , Chrysler Chrysler unveils new electric minivan for the US Postal Service by Sam Abuelsamid on Apr 22nd 2009 at 10:05AM Chrysler U.S. Postal Service Minivan - Click above for high-res gallery Chrysler is celebrating Earth Day today by unveiling the first four of what will be a fleet of 250 battery-powered minivans for the U.S. Oh, and the whole electric thing is good too.

Rapid Charging Electric Cars: How Fast, How Soon?

Tony Karrer Delicious EVdriven

GigaOM Network: GigaOM | Earth2Tech | jkOnTheRun | NewTeeVee | OStatic | TheAppleBlog | WebWorkerDaily | Jobs Live Events | About | Contact Rapid Charging Electric Cars: How Fast, How Soon? While the Model S is in the concept phase of development, rapid charging represents a very real focus for battery developers and electric car makers. Nissan is working on an electric car that it says is on track to have a 100-mile range and 26-minute charge time.

2009 28