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StreetScooter to form JV with Chery for electric light utility vehicles

Green Car Congress

StreetScooter GmbH, a subsidiary of Deutsche Post and market leader for electric light commercial vehicles (eLCV), has signed a memorandum of understanding (MoU) with the Chinese automobile manufacturer Chery Holding Group (Chery) establishing a joint venture between the two companies. Total investment could be up to €500 million.

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

Green Car Congress

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. Enovix expects to supply the EV market within 5 years.

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Pike forecasts $1.4B market for EV telematics by 2017

Green Car Congress

billion by 2017, Pike forecasts. The hardware manufacturers are experiencing a bit of a culture shock, as automotive development generally targets an 8 to 10-year lifespan, compared to a 2 to 3-year lifespan for other wireless devices. Annual revenue from worldwide sales of electric vehicle telematics will total $1.4

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The unedited numbers at the microchip lack: outlook improves

Baua Electric

As disruptive as the worldwide provide shortages of microchips proceed to be for auto manufacturing schedules, the outlook simply brightened a notch. All past lengthy, the company has held to a forecast of two.8 8 million misplaced automobiles globally for 2023. All past lengthy, the company has held to a forecast of two.8

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Green NCAP LCA study shows detrimental climate and energy impact of increasing vehicle weight, including EVs

Green Car Congress

Consumers and manufacturers share the burden for this trend given their steady interest in larger cars—in particular SUVs—as their vehicle of choice, commented Green NCAP. According to the European Automobile Manufacturers’ Association (ACEA), in 2022, 9.3 tonnes of additional greenhouse gas emissions and 5.7

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China Forecast to Produce 12M Vehicles This year

Green Car Congress

China is forecast to produce a record 12 million vehicles this year, according to an official with the National Development and Reform Commission (NDRC). Sales of China’s domestically-made automobiles totaled 1.09 People’s Daily. million units in July, up 63.57

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The unedited numbers at the microchip dearth: Outlook improves

Baua Electric

As disruptive as the worldwide provide shortages of microchips proceed to be for auto manufacturing schedules, the outlook simply brightened a notch. AutoForecast Answers, which has tracked misplaced automobile manufacturing weekly because the chip dearth started in 2021, has diminished its estimate for overall 2023 manufacturing unit cuts.