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Chinese battery company takes 22% stake in Valmet Automotive; strategic partnership for EVs

Green Car Congress

China-based Contemporary Amperex Technology Limited (CATL), a leading global provider of battery and energy storage solutions, has taken a 22% stake in Finland-based Valmet Automotive as part of a new strategic partnership in electric automotive solutions. Valmet Automotive is one of the largest automotive contract manufacturers in the world.

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Volkswagen faces mounting pressure from Tesla and BYD

Teslarati

Volkswagen faces mounting pressure to keep up with Tesla and Chinese automakers in the transition to battery-electric vehicles (BEVs), and its success in doing so could have major implications. Volkswagen had just around 145,000 sales. automaker’s lineup-wide price cuts made throughout this year.

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Global Top 20 - December 2020

EV Sales

With plugin registrations jumping 105% last month, it was the first time since 1411 2011 that we had 3 consecutive months (October, November & December) of doubling sales, with is a great sign for what 2021 could be. In December, the Climber of the Month was the VW ID.3,

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Lotus claims it will be first pure EV sports car brand

EV Central

British-Chinese sports car specialists Lotus is confident it will win the race to become the first mainstream sports car manufacturer to offer an all-electric product range. German giant Porsche is pushing hard on EVs, with the Taycan already on sale and the next Macan SUV set to go electric.

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Volkswagen reports 96% increase in deliveries of electric vehicles in 2021

Teslarati

The surge in sales for the German automaker helped the company claim the title of best-selling EV brand in Europe in 2021. With the VW Auto Group equipping brands like Volkswagen and ŠKODA and spanning to luxury sectors with Porsche and Audi, the company has all of its bases covered. The concern lies in regions outside of Europe.

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GKN order book for electric driveline technologies totalled $2.8 billion by end of 2017

Green Car Congress

billion) by the end of 2017 following a series of significant program wins with major global automakers. Sales, which were previously forecast to rise from £33 million (US$45.7 In 2022, GKN forecasts that eDrive sales will reach £500 million (US$692.8 million) in 2017 to £200 million (US$277.1

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Smartphone builder Xiaomi’s first EV coming in Q2 and looks to capitalize on 20M current users

Baua Electric

Less than three years after establishing its own automotive arm to develop and build EVs, Chinese smartphone giant Xiaomi sits on the cusp of bringing its flagship model, the SU7, to market. By December 2023, Xiaomi had officially launched the SU7 as a challenger to Porsche and who else but Tesla.

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