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Volkswagen’s new EV focus combines customer needs with affordability

Teslarati

Affordability will get more people thinking about an EV for their next purchase. The company has been working for several years to develop compact, inexpensive EVs that will be priced “around 20,000 euros,” or roughly $21,681. Ultimately, giving consumers a variety of reasons to buy a vehicle will translate to sales.

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GM and Koenigsegg Sign Stock Purchase Agreement For The Sale Of Saab

Green Car Congress

confirmed it has signed a stock purchase agreement with Koenigsegg Group AB regarding the sale of 100% of the shares of Saab Automobile AB. The stock purchase agreement will be subject to agreed closing conditions. Tags: Vehicle Manufacturers. General Motors Co. The deal is expected to conclude in the next months.

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Rad Power Bikes announces price reductions across all electric bike models

Baua Electric

Rad Power Bikes , one of the leading electric bicycle companies in the US, has just slashed prices on all of its e-bikes. The company made the announcement today, effectively ushering in many of the best holiday sales from late last year as new permanent pricing for 2024.

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Ford Completes Sale of Volvo to Geely

Green Car Congress

Ford Motor Company has completed the sale of Volvo Car Corporation and related assets to the Zhejiang Geely Holding Group Company Limited. The total purchase price for Volvo and related assets set forth in the agreement signed in March 2010 was $1.8 billion in cash to complete the sale. Tags: Brief.

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Northern Lights Energy signs LOI to purchase 1,000 AMP electric SUV conversions over 5 years

Green Car Congress

a company engaged in the emission-free electrification of OEM vehicles, has signed a letter of intent (LOI) with Northern Lights Energy ( NLE ) to support the introduction of all-electric SUVs into Iceland as part of a national electric vehicle (EV) project. Tags: Conversions Electric (Battery). AMP Holding Inc., Earlier post.).

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Tesla uses LFP batteries for China-made Model Y SR, new documents reveal

Teslarati

Tesla’s Standard Range Model Y has finally been approved for sales and production in China, just days after the automaker started allowing orders of the all-electric crossover in one of the company’s most important markets. MIIT approves Tesla Model Y SR for sales/production in #China , #EV carries #LFP #battery pack.

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Porsche Casts Doubt Upon Combustion Ban Timeline

The Truth About Cars

& As things currently stand, the European Union has plotted banning the sale of new combustion-engine cars by 2030. & While the EU does tend to lump plug-in hybrids into EV sales tabulations, the region is still outpacing the United States and Canada in terms of both PHEV and BEV volumes.

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