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S&P Global Mobility: average age of light vehicles in US hits record high 12.5 years

Green Car Congress

With more than 284 million vehicles in operation (VIO) on US roads, the average age of cars and light trucks in the US has risen again this year to a new record of 12.5 years, up by more than three months over 2022, according to the latest analysis from S&P Global Mobility. light duty aftermarket in 2022 have grown to $356.5

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Daimler Truck and CATL expand global partnership on truck-focused batteries and supply

Green Car Congress

Daimler Truck AG and lithium-ion battery manufacturer and developer Contemporary Amperex Technology Co. CATL will be the supplier of lithium-ion battery packs for the Mercedes-Benz eActros LongHaul battery-electric truck, which is planned to be ready for series production in 2024. The supply will go beyond 2030.

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TEPCO and Toyota develop stationary storage battery system using EV batteries

Green Car Congress

(TEPCO HD) and Toyota Motor Corporation (Toyota) have developed a stationary storage battery system (1 MW output, 3 MWh capacity) that combines TEPCO’s operating technology and safety standards for stationary storage batteries and Toyota’s system technology for electrified vehicle storage batteries.

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Gogoro named global leader in light electric vehicle battery swapping, passes 200 million swaps

Electrek

While many people think of Gogoro as an electric scooter company, it’s perhaps more accurate to call Gogoro a battery-swapping network company that also happens to build fast and tech-savvy electric scooters.

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Power Global, Rap Eco Motors to launch mass electric auto-rickshaw line powered by swappable battery technology

Green Car Congress

Power Global and Rap Eco Motors partner to deliver 50,000 made-in-India electric auto-rickshaws built upon the swappable eZee module. Power Global’s domestic battery production plant in Greater Noida is slated to be the country’s largest leading in-country manufacturer of lithium-ion batteries, capable of producing 400,000 modules annually.

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Hyundai Motor targeting 7% of global EV market by 2030; 1.87M BEVs

Green Car Congress

Under the new plan, the company aims to boost annual global BEV sales to 1.87 million units and secure 7% of global market share by 2030 by strengthening its line-up with 17 new BEV models by 2030; 11 for Hyundai models and 6 for Genesis luxury brand. The innovation will be expanded to global plants in the future.

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GlobalData: Global automakers earmark nearly US$600B for EVs over next decade

Green Car Congress

Broadly, the investments announced focus on the development of production facilities, technology, EV batteries, new product and securing future raw material supply (primarily semiconductors and battery materials). and is an innovation leader with the highest number of patents filed amongst other global automakers.

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