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Lexus passes cumulative global sales of 2M electrified vehicles; HEVs and BEV

Green Car Congress

Lexus announced that the luxury brand eclipsed the milestone of 2 million global sales of electrified vehicles—hybrids and battery-electric—at the end of April 2021. In 2020, 33% of the Lexus models sold globally were of the electrified variety. its lineup of electrified vehicles to provide a wide range of options.

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Volvo Cars building €1.2B EV manufacturing plant in Slovakia; third in Europe

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Volvo Cars will build a third manufacturing plant in Europe, positioning the company well to meet the continued demand from its customers for electric cars and capture future growth potential. Volvo Cars has an ambition to move towards annual sales of 1.2 The site also allows for further expansion of the plant in future.

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Ballard to invest $130M in MEA manufacturing facility and R&D center in Shanghai

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Ballard Power Systems announced its strategy ‘local for local’ whereby it plans to deepen its global manufacturing footprint in Europe, the United States and China to support global market demand growth through 2030. Current Ballard global manufacturing capacity.

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

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The company also unveiled targets for sales and financial performance to be achieved by 2030. Under the new plan, the company aims to boost annual global BEV sales to 1.87 million BEV units, Honda projects EVs will represent 36% of all its sales. This year, Hyundai begin sales of IONIQ 6, followed by IONIQ 7 in 2024.

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Mercedes-Benz AG exploring sale of Hambach smart EV plant as part of global realignment

Green Car Congress

An important lever for this is the adjustment and realignment of capacity within its global production network. Against this backdrop, the company intends to start talks on the sale of its car plant in Hambach, France. That is why we intend to start talks on the sale of the Hambach plant. The transformation to the CO?-neutral

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

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Daimler Truck AG and lithium-ion battery manufacturer and developer Contemporary Amperex Technology Co. In 2019, Daimler Truck AG and CATL entered into a global lithium-ion battery cell modules supply agreement for electric series trucks including the Mercedes-Benz eActros, the Freightliner eCascadia and eM2.

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6K raises $51M to accelerate advanced battery material development and global expansion of additive manufacturing powders

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6K, a developer of microwave plasma technology for the production of advanced materials for energy storage and additive manufacturing powders ( earlier post ), closed a $51M Series C financing round. 6K’s UniMelt platform offers multifaceted sustainability benefits.