Remove Global Remove Market Remove Porsche Remove South Korea
article thumbnail

Group14 raises $400M in Series C; Porsche leads with $100M

Green Car Congress

To deliver to customers including Porsche subsidiary Cellforce Group, Group14 plans to break ground on its second commercial-scale battery active materials (BAM) factory in the US to stay ahead of demand from markets reliant on high-performing batteries. Our investment in Group14 is an important step for Porsche’s M&A activities.

Porsche 150
article thumbnail

Silicon battery technology company Group14 closes additional $214M for $614M Series C funding round

Green Car Congress

Group14 Technologies, a global manufacturer and supplier of advanced silicon battery technology, raised $214 million in additional financing from a consortium including Microsoft’s Climate Innovation Fund, Lightrock Climate Impact Fund, Moore Strategic Ventures, Oman Investment Authority, and Molicel.

article thumbnail

Tesla India teams reassigned to other Asia-Pacific markets

Teslarati

The Tesla India team was reassigned to Asia-Pacific (APAC) and other markets. The team in India includes Sami Jain, who previously worked for Porsche on the legacy automaker’s electrification effort. It also included David Feinstein, who has been with Tesla for years and works with global and international businesses.

Asia 98
article thumbnail

Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

Green Car Congress

During 2014, the global plug-in electric vehicle (PEV) industry is poised to grow by 86% and will surpass more than 346,000 new vehicles sold, according to a new white paper—“ Electric Vehicles: 10 Predictions for 2014 ”—published by Navigant Research. Selling in new markets will also be a test for Tesla.

2014 346
article thumbnail

Volkswagen Group and Tata Motors Ltd. to explore strategic alliance for joint development projects; ŠKODA to lead

Green Car Congress

The first step will address topics such as the application of specific market knowledge as well as local development expertise. In the long term, the Volkswagen Group is looking to further expand its product portfolio in the fast-growing emerging markets. Global ŠKODA sales reached 1.3 million cars in 2016.

Motor 150
article thumbnail

Tesla’s next Gigafactory location unknown, but all signs point toward India

Teslarati

While there have been rumors of deep talks in Spain , numerous meetings with French government officials, and heavy speculation regarding a relationship with Canada, Indonesia, and South Korea, it is becoming overwhelmingly clear that all signs are pointing toward India, a location where Tesla has mulled a factory for several years.

India 106
article thumbnail

2022 Chevrolet Bolt EUV: Chevy’s lowest-priced electric car gets a big brother

Charged EVs

However, its parent company seems likely to devote at least as much marketing to the GMC Hummer EV coming late this year [and the Cadillac Lyriq that will follow early in 2022] as to the much smaller, much less noticeable and glamorous tall hatchback—regardless of its 250-mile projected range rating. inches in added length on top of that.