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

Green Car Congress

Rodgers and York Capital), and non-dilutive funding from market-leading customers. Enovix replaces electrode winding in a standard pouch lithium-ion battery production process with proprietary laser patterning and high-speed stacking tools to increase line MWh capacity by 30%. Enovix expects to supply the EV market within 5 years.

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Volkswagen brand to invest €1B by 2026 in South America; targeting 40% growth in Brazil

Green Car Congress

The Volkswagen brand aims to make significant gains in South America with a major product offensive. By 2027, the company plans to grow by 40% in Brazil, the region’s largest market. In total, the South American automotive market is expected to grow 11% a year until 2030, making it one of the fastest growing markets in the world.

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MAHLE combing advantages of SCT and MCT motors in new tech kit; new thermal management module

Green Car Congress

The Superior Continuous Torque (SCT) electric motor is the only electric traction motor available on the market to date which can deliver high power continuously. MAHLE will present both products to a broad audience for the first time at the IAA Mobility in September.

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Japanese automakers develop electric van to compete in EV market

Teslarati

Toyota and its partners Suzuki and Daihatsu plan to unveil the prototype of a battery-electric mini-commercial van at an exhibition event organized by the Japan Automobile Manufacturers Association (JAMA) and the G7 Hiroshima Summit. The first is expected to be the long-anticipated $25,000 compact vehicle.

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Schaeffler introducing 4in1 electric axles for EVs

Green Car Congress

In the future, Schaeffler will supply beam axles to automobile manufacturers, particularly in North America. For the electrification of medium-duty pick-up trucks, particularly for the North American market, Schaeffler is developing and will manufacture an electric beam axle.

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Xpeng CEO welcomes Tesla Full Self-Driving (FSD) to China

Teslarati

China’s electric vehicle sector may be extremely competitive, but it seems that even rivals can be excited for the arrival of new technologies in the market. Moreover, China is now vigorously promoting openness + new quality productivity. “Tesla has very good self-driving technology and brand.

China 121
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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

Green Car Congress

With the pandemic spreading across the globe, strict lockdowns in key markets, combined with consumer panic and economic uncertainty, have all contributed to the huge decrease in sales last month. Registrations fell in all 27 markets, but with varying severity. This downward trend is not simply due to the restrictions of free movement.

Europe 261