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

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The European Association of Automobile Manufacturers (ACEA) has published an interactive map that illustrates the correlation between the market uptake of electrically-chargeable vehicles (ECVs) and GDP per capita for each of the 27 EU member states and the United Kingdom. Across the EU, 3.0% Across the EU, 3.0%

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Delhi Transport Corporation orders 1500 Tata Motors electric buses

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for operation of 1,500 electric buses in the city of New Delhi. will supply, operate and maintain 1,500 units of 12-meter low-floor air-conditioned electric buses for a period 12 years. Delhi Transport Corporation (DTC) signed a definitive agreement with Tata Motors’ fully owned subsidiary, TML CV Mobility Solutions Ltd.

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Schaeffler introducing 4in1 electric axles for EVs

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Schaeffler is introducing 4in1 electric axle drives. With the 4in1 electric axle, Schaeffler is now going one step further by integrating the thermal management system as well as the electric motor, power electronics, and transmission into the axle drive. Another new development are electric beam axles for pick-up trucks.

Electric 369
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Nikkei: India passes Japan to become world’s No. 3 auto market in 2022

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million between January and November 2022, according to the Society of Indian Automobile Manufacturers (SIAM). from 2021, according to data from the Japan Automobile Dealers Association and the Japan Light Motor Vehicle and Motorcycle Association. In 2021, China continued to lead the global auto market, with 26.27

India 218
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Volkswagen selects China-based LEAD for European gigafactory battery manufacturing equipment

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LEAD) announced that it has been contracted by Volkswagen to supply battery manufacturing equipment for Salzgitter, accounting for more than 65% of the total equipment quantity for that 20 GWh gigafactory. As a world-class automobile manufacturer, Volkswagen has strict quality standards and requirements for suppliers.

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Enovix raises $45M; working to develop its 3D Silicon Lithium-ion technology for EV market

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Rodgers and York Capital), and non-dilutive funding from market-leading customers. Enovix will use the bulk of the funds to complete its Fremont, California high-volume battery production facility, where about 75% of the equipment and processes are identical to standard pouch lithium-ion battery manufacturing.

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Sales of chargeable vehicles more than triple in EU in Q3 to take 9.9% new market share

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of passenger cars sold in the EU were electrically-chargeable vehicles, compared to 3.0% during the same period last year, according to data from the European Association of Automobile Manufacturers (ACEA). This represents a market share of 47.5%, with gasoline going below the mark of 50% for the first time since 2016.

Market 353