Green Car Congress
NOVEMBER 27, 2021
France-based specialty chemicals and materials company Arkema announced a 50% increase in its Kynar PVDF fluoropolymer production capacities at its Pierre-Bénite site in order to address the fast-growing demand for materials for lithium-ion batteries. Arkema now aims for sales of at least €1 billion in the battery sector by 2030.
Teslarati
APRIL 29, 2024
LG Energy Solution (LGES) is cutting some investments after reporting weak earnings, mostly attributed to slow electric vehicle (EV) sales growth. “W W e will have to cut capital expenditure considering sluggish EV market conditions and client demand, ” commented Lee Chang-sil, LGES’ Chief Finance Officer. billion won (US$114 million).
Green Car Congress
MARCH 3, 2022
The company also unveiled targets for sales and financial performance to be achieved by 2030. Under the new plan, the company aims to boost annual global BEV sales to 1.87 Presentation of Gang Hyun Seo, Executive Vice President and Head of Finance & Accounting Division at Hyundai Motor Company.
Green Car Congress
NOVEMBER 5, 2009
The Renault-Nissan Alliance, the French Atomic Energy Commission (CEA) and the French Strategic Investment Fund (FSI) signed a letter of intent to set up a joint venture company that would develop and manufacture batteries for electric vehicles, under the patronage of Christian Estrosi, the French Minister for Industry. Earlier post.).
Green Car Congress
NOVEMBER 18, 2020
In an indication of the disparate income effects of the ongoing reopening/shutdown cycle in the state, sales of the higher cost alternative fuel vehicles held up better as higher wage workers have been more able to retain their jobs and incomes through telecommuting, according to the California Center for Jobs & The Economy.
Green Car Congress
DECEMBER 7, 2018
—Board Member for Sales Jürgen Stackmann. In order to finance the enormous future investments, the Volkswagen brand will have to realize even higher cost savings than previously planned. Volkswagen will also be investing strongly in digitalization. The aim is to create the world’s largest automotive ecosystem.
Green Car Congress
MAY 29, 2014
Eight partnering states released their Multi-State ZEV Action Plan as the first promised milestone for the bi-coastal collaboration to pave the way for increasingly large numbers of zero emission vehicles: plug-in hybrid electric vehicles (PHEVs), battery electric vehicles (BEVs), and hydrogen-powered fuel cell electric vehicles (FCEVs).
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