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Factbox: Plans for electric vehicle battery production in Europe

Germany has earmarked 1 billion euros ($1.2 billion) to support a consortium looking to produce electric car battery cells and plans to fund a research facility to develop next-generation solid-state batteries, three sources told Reuters......»»

Category: topSource: reutersNov 9th, 2018

BMW doubles battery production capacity in the United States

BMW Group said on Wednesday it would double its production capacity for electric vehicle batteries at its U.S. plant in South Carolina as it ramps up manufacturing of plug-in hybrid vehicles to include the X3 vehicle in addition to the X5......»»

Category: topSource: reutersJul 24th, 2019

U.S. Senate moves forward on plan to develop electric vehicle supply chain

U.S. lawmakers on Tuesday moved closer to developing a national electric vehicle supply chain policy, with senators voicing bipartisan support for legislation designed to parry China's dominance in metals production and battery manufacturing......»»

Category: topSource: reutersMay 14th, 2019

VW to take on Tesla X in China from 2021 with electric SUV

Volkswagen plans to build a fully electric sports utility vehicle (SUV) for China from 2021, taking on the Chinese market leader Tesla's Model X as the German carmaker ramps up production of zero emissions vehicles......»»

Category: topSource: reutersApr 14th, 2019

Ford Shifts Plans, Will Make Electric Vehicles In Flat Rock, Begin Autonomous Production In 2021

With demand growing for electric cars, Ford Motor Company (NYSE: F) said Wednesday it will build its next-generation battery-electric vehicles at its Flat Rock Assembly plant near Detroit, instead of self-driving cars, which read more.....»»

Category: blogSource: benzingaMar 20th, 2019

Volkswagen vows to build 22 million e-cars over next decade

German automaker Volkswagen is saying it plans to ramp up its production of electric vehicles over the next ten years to 22 million and reduce its carbon footprint over vehicle life cycles by 30 percent......»»

Category: topSource: foxnewsMar 12th, 2019

EXCLUSIVE: Tesla calls in airlift for battery plant

Tesla flew six planes full of robots and equipment from Europe in an unusual, high-stakes effort to speed up battery production for its Model 3 electric sedan, people familiar with the matter told Reuters this week......»»

Category: videoSource: reutersMay 25th, 2018

Porsche to name all-electric model Taycan

STUTTGART (Reuters) - Sport car maker Porsche will name its first all-electric car model the Taycan, it said on Friday, a year before it plans to launch serial production of a vehicle that will compete with Tesla's Model S......»»

Category: topSource: reutersJun 8th, 2018

CATL plans to expand annual battery capacity to 50GWh by 2020

Contemporary Amperex Technology (CATL), a China-based maker of Li-ion power batteries used in electric vehicles, plans to expand annual production capacity to 50GWh by 2020, according to the company......»»

Category: topSource: digitimesJun 15th, 2018

BMW says no change in South Carolina expansion plans

BMW says it will continue plans to add 1,000 jobs in South Carolina, even as it starts production of a new electric vehicle in China. .....»»

Category: topSource: moneycentralJul 11th, 2018

Panasonic expects Tesla battery biz to contribute to profit as early as October

Panasonic Corp on Tuesday said it expects its battery business with U.S. electric vehicle maker Tesla to contribute to profit from the second half of its business year, as production of mass-market Model 3 cars picks up pace......»»

Category: topSource: reutersJul 31st, 2018

GM"s Electric Dream in China Suddenly Looks Underpowered

General Motors’ plans to ramp up electric-vehicle production in China were set back after the auto maker determined the Chinese-made batteries it intended to use failed to meet its own performance and safety standards during testing......»»

Category: smallbizSource: wsjAug 29th, 2018

VW Announces Plans to Get 27 Electric Vehicle Models Into Production by 2022

Volkswagen has announced a major push to manu.....»»

Category: europeSource: fortuneSep 17th, 2018

Enel-BYD say Chile electric bus roll-out heralds more for region

Europe's biggest utility Enel and Chinese electric vehicle giant BYD on Thursday marked the arrival of 100 electric buses in Chile and said they would work together on similar plans for three other Latin American nations......»»

Category: topSource: reutersDec 13th, 2018

South Korea"s SK Innovation bets on Europe, China electric vehicle demand

South Korea's SK Innovation , a supplier of electric vehicle (EV) batteries to Daimler and Volkswagen , aims to boost production capacity more than tenfold by 2022, betting on global demand......»»

Category: topSource: reutersDec 26th, 2018

Ford plans to develop two dedicated all-electric vehicle platforms, Reuters says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMay 25th, 2021

Lordstown Motors sinks 19% as the electric vehicle maker cuts production outlook and seeks more funding

Lordstown forecast that production of its Endurance truck this year would be "at best" 50% of its previous expectations. The Endurance truck wit.....»»

Category: worldSource: nytMay 25th, 2021

Lordstown Motors needs more capital to meet electric truck launch goals

Lordstown Motors said Monday it expects to spend $115 million more than expected in 2021, making it necessary for the company to return to capital markets to raise more money to meet its fall production plans. The Youngstown, Ohio-area manufacturer .....»»

Category: topSource: bizjournalsMay 24th, 2021

Musk Says Russia Is On Tesla"s Radar As Potential Production Hub: Report

Tesla Inc.'s (NASDAQ: TSLA) global ambitions are getting bigger and the electric vehicle pioneer is contemplating setting up a manufacturing base at a country known for its authoritarian government and not-so-transparent policies. read more.....»»

Category: blogSource: benzingaMay 21st, 2021

Ford Set To Announce EV Battery Joint Venture With SK Innovation Thursday: Report

Ford Motor Co (NYSE: F) and South Korean battery maker SK Innovation are close to announcing a battery joint venture in the United States to aid the maker of the F-150 Lightning truck boost its electric vehicle roll-out, Reuters read more.....»»

Category: blogSource: benzingaMay 20th, 2021

Capitol Report: Biden says U.S. can’t let China win EV race as he visits Ford plant

President Joe Biden on Tuesday touted his electric-vehicle and infrastructure plans in a visit to a Ford Motor Co. plant in Michigan, framing his proposals as giving the U.S. a competitive edge against China......»»

Category: topSource: marketwatchMay 18th, 2021