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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

Stung by Asian dominance, Germany pours cash into EV battery ventures

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

Nissan scraps potential $1 billion sale of battery unit to China"s GSR

TOKYO (Reuters) - Nissan Motor has canceled a potential $1 billion sale of its electric car battery unit to China's GSR Capital, opening the door to other likely suitors keen on a component that is vital for the booming electric vehicles industry......»»

Category: topSource: reutersJul 2nd, 2018

Nissan cancels potential $1 billion sale of battery unit to China"s GSR

TOKYO (Reuters) - Nissan Motor Co has canceled a potential $1 billion sale of its electric battery business to GSR Capital, citing a lack of funds with the Chinese investment firm to make the purchase......»»

Category: topSource: reutersJul 1st, 2018

The $2 billion food delivery firm coveted by Uber just opened its first brick-and-mortar restaurant

Thomson Reuters British food delivery startup Deliveroo has opened a brick-and-mortar restaurant in Hong Kong. The "Deliveroo Food Market" will cater both to online orders and in-store customers. Reports emerged in September that Ube.....»»

Category: topSource: businessinsiderDec 15th, 2018

Daimler to buy 20 billion euros worth of electric car battery cells

German luxury car maker Daimler , parent company of Mercedes-Benz, on Tuesday said it would buy battery cells worth more than 20 billion euros ($22.75 billion) by 2030 as it readies mass production of hybrid and electric vehicles......»»

Category: topSource: reutersDec 11th, 2018

Transit bus company unveils $25M Alabama expansion

A manufacturer in Calhoun County is now producing battery-electric transit buses. Minnesota-based New Flyer of America Inc. has unveiled a $25 million expansion and renovation of its facility at 106 National Drive in Anniston. Announced in Sept.....»»

Category: topSource: bizjournalsNov 27th, 2018

South Korea"s SK Innovation to build its first U.S. EV battery plant

South Korea's SK Innovation said on Monday it will spend 1.14 trillion won ($1.01 billion) to build its first electric vehicle (EV) battery plant in the United States to better compete in the global EV battery market......»»

Category: topSource: reutersNov 26th, 2018

Volkswagen to Spend $50 Billion on Electric Car Drive - Wall Street Journal

Wall Street JournalVolkswagen to Spend $50 Billion on Electric Car DriveWall Street JournalBERLIN— Volkswagen AG will inv.....»»

Category: topSource: googlenewsNov 16th, 2018

VW"s supervisory board eyes multi-billion electrification plan

Volkswagen's supervisory board is due to vote on a multi-billion euro investment plan on Friday, including steps to retool three German plants to mass produce electric cars and to explore alliances with battery partners and rival carmakers......»»

Category: topSource: reutersNov 16th, 2018

Electrameccanica: Time To Transform Those $2 Billion Worth Of Electric Vehicle Pre-Orders Into Sales

Electrameccanica: Time To Transform Those $2 Billion Worth Of Electric Vehicle Pre-Orders Into Sales.....»»

Category: topSource: seekingalphaOct 31st, 2018

Truck makers rev up for rollout of electric big rigs

Tesla Inc Chief Executive Elon Musk put electric heavy commercial trucks on the map in November 2017 when he unveiled the company's futuristic, battery-powered Semi, booked hundreds of orders and said he would start delivering the vehicles by 2019......»»

Category: topSource: reutersOct 22nd, 2018

Daimler starts building electric car batteries in Tuscaloosa

Daimler on Friday said it will start building a battery plant as part of its planned $1 billion investment to upgrade its factory in Tuscaloosa, Alabama, which has also started to produce a new sports utility vehicle, the GLE......»»

Category: topSource: reutersOct 5th, 2018

The Audi e-tron all-electric SUV is here, and it may have just eaten Tesla"s lunch

Audi Audi e-tron, the first electric SUV from the German automaker, debuted in San Francisco on Monday night. Two electric motors will power the all-wheel-drive e-tron. A 95 kWh battery gives it an estimated 248-mile range on a full.....»»

Category: topSource: businessinsiderSep 18th, 2018

Uber and Lyft have won a key battleground in the electric scooter wars — and it"s a huge blow to the $2 billion startup that created the scooter phenomenon

Lucy Nicholson/Reuters In an effort to curb the onslaught of electric scooters, Santa Monica, California, is moving to limit the number of companies that can operate dockless vehicles there. An internal.....»»

Category: topSource: businessinsiderAug 15th, 2018

Nissan has scrapped the $1 billion sale of its electric car battery business to a Chinese investment firm

Hollis Johnson/Business Insider Nissan has scrapped a potential deal to sell its automotive battery business to GSR Capital for $1 billion. The deal was canceled due to the Chinese invest.....»»

Category: topSource: businessinsiderJul 2nd, 2018

Panasonic would consider extra investment in Tesla"s Gigafactory if requested: executive

OSAKA (Reuters) - Japan's Panasonic Corp would consider additional investment in Tesla Inc's automotive battery plant in the U.S. state of Nevada if requested by the U.S. electric car manufacturer, an executive said on Monday......»»

Category: topSource: reutersJul 2nd, 2018

Panasonic would consider additional investment in Tesla"s Gigafactory if requested: executive

OSAKA (Reuters) - Japan's Panasonic Corp would consider additional investment in Tesla Inc's automotive battery plant in the U.S. state of Nevada if requested by the U.S. electric car manufacturer, an executive said on Monday......»»

Category: topSource: reutersJul 2nd, 2018

BMW signs battery order with China"s CATL

SHANGHAI (Reuters) - BMW has awarded a contract worth just over a billion euros ($1.16 billion) to China's lithium battery maker Contemporary Amperex Technology Ltd (CATL) , the German carmaker said on Thursday......»»

Category: topSource: reutersJun 29th, 2018

The culture clash behind GE"s quick exit from Baker Hughes stake

HOUSTON (Reuters) - When General Electric Co bought oilfield services giant Baker Hughes last July, it created a global industry colossus with $22 billion in annual revenue......»»

Category: topSource: reutersJun 26th, 2018