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BorgWarner on track for ~$3.7B of electric vehicle revenue by 2025

Green Car Congress

billion of electric vehicle revenue by 2025. The company now expects its 2022 electric vehicle revenue to grow to approximately $850 million—more than double what it was in 2021. Target markets include depots for electric buses and trucks, with a focus on the North American market. Earlier post.)

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FedEx Express Canada launches first 50 BrightDrop all-electric vehicles

Green Car Congress

FedEx Express Canada welcomed its first 50 BrightDrop Zevo 600 electric delivery vehicles at an event in Toronto. BrightDrop Zevo 600 in Toronto This initial fleet of 50 electric vehicles (EVs) will service Toronto, Montreal, and Surrey. BrightDrop is manufacturing the Zevo 600s at GM’s CAMI Assembly plant in Ontario.

Canada 369
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Hyundai Enlists Toray For Electric Vehicle Makeover

CleanTechnica EVs

Electric vehicles are good, but they can always be better. The two companies are mum on the details, but a quick look at Toray’s product lineup indicates that carbon fiber is. That’s the motivation behind the big news about Hyundai’s newly announced partnership with the advanced materials firm Toray Industries.

Hyundai 102
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Subaru’s first global all-electric vehicle SOLTERRA makes world debut

Green Car Congress

In Tokyo, Subaru Corporation today unveiled its new battery electric vehicle (BEV) SOLTERRA; SOLTERRA will make its US debut at the LA Auto Show later this month. The vehicle was jointly developed by Toyota and Subaru; Toyota’s version is the bZ4X, which the company unveiled last month in Japan ( Earlier post.)

Global 432
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BYD, Toyota to establish joint company for battery-electric vehicle research and development

Green Car Congress

BYD Company Ltd. and Toyota Motor Corporation signed an agreement to establish a joint company to research and development for battery-electric vehicles (BEVs). We hope to further advance and expand both BYD and Toyota from the efforts of the new company with BYD.

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BMW delivers its one-millionth fully electric vehicle

Teslarati

BMW delivered its one-millionth fully electric vehicle (EV) in the first quarter of this year, celebrating another milestone in its electrified journey. The legacy automaker promised to continue ramping up its electric vehicle lineup in 2024 despite “a volatile market.” BEV growth for the company.

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Saudi Arabia Launches First Electric Vehicle Company

Electric Cars Report

The Crown Prince of Saudi Arabia has launched Ceer, the first Saudi electric vehicle brand, as part of a push to diversify the economy of the oil rich country.