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Volkswagen chases Tesla into the battery business to enable its EV shift

Green Car Reports

Monday marked a coming-of-age moment for electric vehicles and the “legacy” auto industry. Volkswagen, which each earlier announced plans to make 28 million EVs and 70 distinct fully electric models by 2028, changed course to become a battery maker.

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Audi locating high-voltage battery development center at Neckarsulm

Green Car Congress

Audi is establishing a high-voltage battery development center at the Neckarsulm site. Audi is already developing high-voltage batteries for plug-in hybrids (PHEV) in Neckarsulm. A battery center for testing high-voltage storage technologies will go into operation by 2023.

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Volvo Cars reports sales of 58,667 cars worldwide in March, down 22.1%; electrified share increased to 36%

Green Car Congress

During the first quarter, the number of cars sold increased gradually to a total of 148,295 cars as the supply chain constraints affecting Volvo Cars and the auto industry continued to slowly ease. Sales of fully electric cars made up 9.0% of total sales, while fully electric cars made up 7.9%.

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Volvo Cars sales down 17.2% in February, share of electrified cars increased to 33%

Green Car Congress

Sales of fully electric cars increased by 229.5% Fully electric cars increased by 174.9% Supply shortages will remain a constraining factor for Volvo Cars and the auto industry. Volvo Cars reported sales of 42,067 cars in February, a decline by 17.2% compared with the same month last year. of total sales.

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Mercedes-Benz to become equal shareholder in Automotive Cells Company (ACC) with Stellantis and TotalEnergies

Green Car Congress

Mercedes-Benz is taking an equity stake in European battery cell manufacturer Automotive Cells Company (ACC) to scale up development and production of next-generation high-performance battery cells and modules. Joining ACC is the next step on the luxury car maker’s strategic course from “Electric first” to “Electric only”.

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Volvo Cars Tech Fund invests in electric car charging company FreeWire

Green Car Congress

Every new Volvo car launched from 2019 will be electrified, and by 2025 the company aims for fully electric cars to make up 50% of its overall global sales. Volvo Cars’ future is electric, as reflected by our industry-leading commitment to electrify our entire product range.

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Aston Martin and LeEco partner to co-develop RapidE EV for market intro in 2018; potential to add Faraday Future

Green Car Congress

China-based technology company LeEco and Aston Martin have signed a Memorandum of Understanding (MOU) towards the creation of a partnership that will develop a production version of the Aston Martin RapidE electric vehicle concept—a fully electric version of the Rapide S four-door sports sedan. Earlier post.).