A new report looking at the global evolution of EVs sheds insight into pricing trends over the last 10 years, noting that OEMs in Europe and the U.S. must make more affordable EV offerings to keep up with their Chinese competitors.
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Hyundai Motor Group has teamed up with LG Energy Solution to build an electric vehicle (EV) battery cell manufacturing joint venture (JV) with US$1.1bn investment in Indonesia. LG Energy, The Hyundai battery partnership will boost Indonesia strategic presence in EV market.
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The joint venture will see Renault-branded hybrid vehicles being sold in China, but manufactured using Geely’s facilities, supply chains, and technologies. Geely’s most significant brands, joint ventures and OEM relationships include Volvo Cars, Polestar, Proton, Lotus, LEVC, Daimler, Smart, Volvo Trucks and now Renault.
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The joint venture will see Renault-branded hybrid vehicles being sold in China, but manufactured using Geely’s facilities, supply chains, and technologies. Geely’s most significant brands, joint ventures and OEM relationships include Volvo Cars, Polestar, Proton, Lotus, LEVC, Daimler, Smart, Volvo Trucks and now Renault.
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The batteries supplied to GM for these electric vehicles may have two manufacturing defects in the same battery cell, which increases the risk of fire.
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A major order for 1,000 electric Vauxhall vans has been made by OVO Energy, an energy supply company dedicated to a zero carbon community. The Vivaro-e panel vans, which have been ordered through leasing company Zenith, are currently being built and liveried for phased introduction Q4 as part of OVO Energy’s goal of running a fully electrified fleet by end 2025.
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The Tennessee Valley Authority (TVA) is accelerating plans to incorporate EVs into its fleet, with a goal of transitioning 100% of its light-duty and 50% of its medium-duty vehicles by 2030.
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The collaboration will provide scalable, cleantech options across industrial, cargo, and emergency response sectors.
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Converting the mine’s fleet from previously proposed diesel equipment to electric vehicles will allow Twin Metals to significantly reduce its onsite greenhouse gas emissions (GHG) by 65%.
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A recent webinar, “Accelerating Your EV Journey,” featuring panel of three industry professionals discussing best practices in managing fleet transition to electric vehicles is available from global fleet management company Element Fleet.
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