Tue.Nov 08, 2022

Volvo Cars divests its holding in Aurobay to Geely Holding; to be part of new Renault-Geely powertrain company

Green Car Congress

Volvo Cars has a strategic direction to become fully electric by 2030 and shape the future of mobility. In line with those strategic ambitions, Volvo Cars will divest its 33% holding in Aurobay to Geely Holding. Aurobay will become part of the new global company specializing in hybrid and low- emission powertrains being formed by Renault and Geely. Earlier post.). The divestment is yet another important step in Volvo Cars’ transformation towards becoming a fully electric car manufacturer.

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Honda e:N2 Concept previews EV look for China, perhaps beyond

Green Car Reports

A new Honda concept car previews the styling for future Honda EVs in China. Unveiled at the Fifth China International Import Expo, the Honda e:N2 concept previews future models in Honda's Chinese-market e:N line, which launched earlier this year with the e:NS1 and e:NP1 crossovers.


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Ouster and Velodyne to merge to accelerate lidar adoption

Green Car Congress

Ouster, a leading provider of high-resolution digital lidar, and Velodyne, a leading global player in lidar sensors and solutions, have entered into a definitive agreement to merge in an all-stock transaction.

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Test drive: 2022 Toyota Avalon Hybrid exits in 43-mpg goodness

Green Car Reports

The 2022 Toyota Avalon Hybrid, like the one I drove some weeks ago, marks the end of an era. Toyota has indicated that sedans aren’t dead at all, and it plans to offer a range of them for the foreseeable future. So Toyota is putting effort into having them evolve with the times.

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Kindred Motorworks partners with KORE Power on battery modules for electrified vintage cars and trucks

Green Car Congress

Kindred Motorworks, the San Francisco Bay Area producer of modernized vintage vehicles, has partnered with Idaho-based KORE Power, a developer of battery cell technology, to supply battery modules for the electrified models in the Kindred lineup.

2023 Audi Q8 E-Tron aims for 300 miles, gets faster charging

Green Car Reports

Audi on Tuesday revealed an extensive refresh for its large E-Tron electric SUV, with a renewed push toward better range and efficiency. It also gets a name change: The E-Tron and E-Tron Sportback will from 2023 on be called the Q8 E-Tron and Q8 E-Tron Sportback.

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New Formula E Porsche 99X Electric Gen3 celebrates world premiere

Green Car Congress

With the Porsche 99X Electric Gen3, Porsche heads into a new era of Formula E. The electric racing car, which underwent an evolution in the Porsche Development Centre in Weissach, celebrated its world premiere in the Porsche Experience Center in Franciacorta, Italy.

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GE Gas Power and Shell to collaborate on LNG decarbonization pathway using hydrogen

Green Car Congress

GE will collaborate with Shell to develop potential lower-carbon solutions aiming to reduce the carbon intensity of Shell’s LNG supply projects around the world; Under this agreement, GE will accelerate development for the use of 100% hydrogen as a low carbon fuel for gas turbines; Focus will be on hydrogen solutions for B&E class gas turbines used in LNG and power generation applications.

Don’t get fossil fooled: EVs really are better for the climate

The Driven EV News

Ev Explainer: Over its lifetime, the average electric vehicle produces less than half the carbon pollution of a petrol vehicle. Here's the key data. The post Don’t get fossil fooled: EVs really are better for the climate appeared first on The Driven. Electric Cars EV Explainers EV News

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Geely and Renault Group to create global powertrain company for advanced hybrid and efficient ICE powertrains

Green Car Congress

Geely Holding Group, Geely Automobile Holdings Limited (collectively “Geely”) and Renault Group have signed a non-binding framework agreement to create a new global leader to develop, manufacture and supply best-in-class hybrid powertrains and highly efficient ICE powertrains. Under the framework agreement, Geely and Renault Group will hold respective 50-50 equity stakes in the new company.

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NIO to report Q3 earnings on Nov 10, what to watch?

CN EV Post

"Our gross margin is meaningfully higher as we believe NIO will recognize the majority of its regulatory credit sales in 3Q, similar to last year," writes Deutsche Bank analyst Edison Yu's team. The post NIO to report Q3 earnings on Nov 10, what to watch? appeared first on CnEVPost.

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Shell to buy 3.25B liters of sugarcane cellulosic ethanol from Raizen

Green Car Congress

Shell has agreed to buy a total of 3.25 billion liters (860k gallons US) of sugar-cane cellulosic ethanol under a long-term agreement with Brazil’s Raízen. The low-carbon fuel is expected to be produced by five plants that Raízen plans to build in Brazil, bringing its total portfolio of cellulosic ethanol facilities to nine. Raizen produces its cellulosic ethanol from bagasse from the production of sugar and regular sugarcane ethanol.

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Horizon Robotics CEO says NIO's new brand will use its chips

CN EV Post

Horizon Robotics entered into a partnership with NIO last week that will see one of the latter's new brand's models use its products, the chipmaker's CEO Yu Kai said. The post Horizon Robotics CEO says NIO's new brand will use its chips appeared first on CnEVPost.

Lordstown Motors, Foxconn broaden partnership; $170M investment; first joint EV program

Green Car Congress

Lordstown Motors (LMC), an original equipment manufacturer of electric vehicles focused on the commercial fleet market, and Foxconn Ventures Pte. Ltd., an affiliate of global technology company Hon Hai Technology Group (Foxconn) reached an agreement pursuant to which Foxconn agreed to make additional equity investments in LMC of a combined $170 million. Upon completion of the Investment Transactions, Foxconn is expected to hold all of LMC’s outstanding Preferred Stock and 18.3%

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Insurance registrations in 1st week of Nov: BYD 37,168, Tesla 11,195, NIO 2,852

CN EV Post

Li Auto with 2,224 units, XPeng with 1,115 units, Zeekr with 2,308 units and Neta with 1,896 units. The post Insurance registrations in 1st week of Nov: BYD 37,168, Tesla 11,195, NIO 2,852 appeared first on CnEVPost. For more articles, please visit CnEVPost. NIO Deliveries

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Volvo EX90 is finally unveiled, US pre-orders are open with a starting price under US$80,000

EV Specifications

A true seven-seater, all-electric SUV that further raises our standards in safety and a more sustainable lifestyle: the new Volvo EX90 represents the start of a new era for Volvo. Starting with this mode, the brand will unveil a new fully electric vehicle each year.

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Toyota Avalon Hybrid review, Honda e:N2 Concept, Porsche Formula E car: Today’s Car News

Green Car Reports

Porsche reveals the first Formula E car for Gen3. Honda shows an EV concept for China. And we take a last drive in the new 43-mpg Avalon Hybrid. This and more, here at Green Car Reports.

Lordstown Motors and Foxconn broaden strategic partnership

EV Specifications

Hummer electric ute and SUV sold out for at least two years

The Driven EV News

GMC says its first Hummer EV offerings - an electric ute and electric SUV - are sold out for more than two years. The post Hummer electric ute and SUV sold out for at least two years appeared first on The Driven. EV News

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The new ID. Buzz impresses with innovative driver assistance systems

EV Specifications

Volkswagen is using fully integrated latest-generation assistance systems in the ID. The optionally available Travel Assist with swarm data3/4 and Park Assist Plus with memory function are perfect examples of this. These systems can also be optionally ordered for all other newly produced ID.

Honda outlines EV transformation with new concept vehicle


Honda unveiled its new e:N2 concept in China today, a vehicle that highlights the brand’s electric future.

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The new Audi Q8 e-tron is presented with improved range and design

EV Specifications

Audi has presented the new Audi Q8 e-tron lineup with improved range, efficiency and design.

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Nikola and ChargePoint expand U.S. EV charging infrastructure in strategic partnership


Nikola Corp. and ChargePoint announced a partnership to expand the electric vehicle charging infrastructure in the United States on Tuesday. The partnership is set to expand Nikola customers’ access to compatible EV charging points by opening up ChargePoint locations to vehicle owners.

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Renault Group enters the third chpater of its Renaulution plan: Revolution

EV Specifications

Significantly ahead of its initial targets, Renault Group opens the third chapter of its Renaulution plan: Revolution.

Energica electric motorcycles catch huge wave of popularity in Q3


Energica Motors, an Italian manufacturer of electric motorcycles, announced its sales success and showed off its complete lineup at the Milan Motorcycle Show.

Here’s how much states and cities could save by converting to electric vehicles right now


Electric vehicles can now save state and local fleets money while protecting the communities they serve from harmful air pollution. New incentives are making EVs cheaper to implement than ever, provoking the question: Why not? more….

Tesla “recalls” 40K vehicles; fixes issues with OTA


Tesla is recalling 40,000 vehicles and solving the issue with an over-the-air update. Certain 2017 to 2021 Tesla Model S and Model X vehicles had an issue with the electronic power assist steering system. According to the filing with the National Highway Transportation Safety Administration.

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Lucid Motors Q3 2022 results: $195.5M in revenue, 1,400 Air deliveries, and Gravity SUV reservations


Lucid Motors ($LCID) has posted its financial results for Q3 of 2022 ahead of its earnings call with investors later this afternoon. EV production and Air deliveries continue to grow while cash on hand continues to shrink.

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Lucid reports third quarter loss; says its on track to meet 2022 production goals


Lucid Group reported losing $530 million during the third quarter of 2022 on Tuesday but says it’s still on track to meet its production goals. The automaker aims to produce between 6,000 and 7,000 of its Lucid Air sedans this year. The automaker reported it Q3 revenue of $195.5

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These energy giants are joining forces to ramp up renewable power


Global sustainable energy giants Hitachi Energy and Equinor today announced that they have signed a strategic collaboration agreement. They’re going to join forces on global electrification, renewable power generation, and low-carbon initiatives. more….

SpaceX, NASA batten down the hatches as another storm approaches Florida


SpaceX, NASA, and the rest of the Kennedy Space Center (KSC) and Cape Canaveral Space Force Station (CCSFS) are doing what they can to prepare for Tropical Storm Nicole’s imminent arrival.

Elon Musk sells another $3.9 billion worth of Tesla (TSLA) to throw in Twitter dumpster fire


Tesla has disclosed that Elon Musk sold another $3.9 billion worth of Tesla (TSLA) shares, which the CEO is likely using to finance the dumpster fire that is his Twitter acquisition. more…. The post Elon Musk sells another $3.9

Elon Musk sells $4 billion of Tesla (TSLA) stock


A series of Form-4s submitted to the Securities and Exchange Commission (SEC) revealed that Elon Musk has sold nearly $4 billion worth of Tesla ( NASDAQ:TSLA ) stock over the last few trading days.

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Tesla (TSLA) earns 8 times more per car than Toyota


Tesla (TSLA) is now earning eight times more per car than Toyota, and they are starting to notice back in Japan. more…. The post Tesla (TSLA) earns 8 times more per car than Toyota appeared first on Electrek.

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CPCA reveals Tesla China sold 41k Model Y and 30k Model 3 in October


It’s official. As per a recently released report from the China Passenger Car Association (CPCA), Tesla China was able to sell 41,488 Model Y and 30,216 Model 3 in October.

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Rivian (RIVN) Q3 earnings preview: Will rising costs slow production ramp?


Rivian ( $RIVN ) is set to deliver its third-quarter earnings Wednesday, November 9, after the bell as the EV maker comes under the microscope into year’s end. Can Rivian continue expanding operations, or will inflationary pressure slow its momentum?

Ford exec rings alarm bell on EV charging and battery raw materials challenges


Ford Motor Co. chief electrification officer Doug Field shared some of his thoughts on potential bottlenecks that could be faced by electric vehicles today. According to Field, some of these constraints are inadequate charging networks and the limited availability of battery raw materials.

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