Rivian today announced an equity investment of $500 million from Ford Motor Company. In addition to the investment, the companies have agreed to work together to develop an all-new, next-generation battery electric vehicle for Ford’s growing EV portfolio using Rivian’s skateboard platform. “This strategic partnership marks another key milestone in our drive to accelerate the […]
Manufacturers Call on Nine States with Electric Vehicle Mandates to Help Increase Sales
The Alliance of Automobile Manufacturers (Auto Alliance) has sent letters to the governors of the nine states following California’s Zero Emission Vehicle (ZEV) mandate encouraging them to also follow California’s lead in adopting measures that can help increase sales, including investing in infrastructure, developing consumer incentives and committing to buy ZEVs for state and local […]
GM and Honda Partner on Battery Development
General Motors Co. (NYSE:GM) and Honda (NYSE:HMC) announced an agreement for new advanced chemistry battery components, including the cell and module, to accelerate both companies’ plans for all-electric vehicles. The next-generation battery will deliver higher energy density, smaller packaging and faster charging capabilities for both companies’ future products, mainly for the North American market. Under […]
Toyota Announces Plans to Accelerate Electric Vehicles
Electrified vehicles to be available across the entire Toyota and Lexus line-up by around 2025 Toyota Motor Corporation (Toyota) announces today its plans toward the popularization of electrified vehicles for the decade 2020-2030. Toyota’s electrified vehicle strategy centers on a significant acceleration in the development and launch plans of hybrid electric vehicles (HEVs), plug-in hybrid […]
Audi Announces Partnership to Develop Solar Vehicle Roof
Car manufacturer cooperates with Hanergy. Prototype planned by end of this year. Audi and Alta Devices, a subsidiary of the Chinese solar-cell specialist, Hanergy, are working together to development a solar vehicle roof using thin-film solar cells. The aim of the partnership is to generate solar energy to increase the range of electric vehicles. The […]
Electric Vehicles Reach 2 Million Cars On Roads Globally in 2016
China was the largest EV market in 2016, accounting for more than 40 percent of new sales globally. 160,000 EVs sold in U.S. in 2016 The number of electric cars on the roads around the world rose to 2 million in 2016, following a year of strong growth in 2015, according to the latest edition […]
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