Volkswagen secures battery materials to produce cells for ~2.2 million EVs annually by 2030

Volkswagen and Umicore announced a joint venture earlier this week. VW clarified that the collaboration with Umicore secures enough battery materials for 2.2 million EVs per year by the end of the decade, equivalent to 160 GWh of battery cells.  The German automaker is investing €3 billion into new materials production capacities to supply its […]

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Rivian plans second plant in the USA

Rivian Automotive is planning to build a second assembly plant in the USA. This could involve more than just a vehicle plant. A location has not yet been found, but several US states have apparently applied to the company. The plans for the second assembly plant after Normal, Illinois, were confirmed in principle by a […]

Daimler to exclusively introduce EV platforms from 2025

Daimler presented its updated plans for the upcoming switch to electric mobility at an investor day. The goal: Mercedes-Benz is preparing with new platforms and battery factories to become fully electric before the end of the decade – with one caveat. Namely, Mercedes wants to become purely electric “wherever market conditions permit”. The carmaker’s statement […]

Volkswagen presents strategy til 2030

Volkswagen has presented its strategy for 2030 called ‘New Auto’. At the core of this strategy is the shift to electromobility and the gradual phasing out of the combustion engine – but it goes far beyond electrifying the hardware that has been dominant for so long It has already been very clear for a while […]

Renault plans to cover the entire BEV value chain

Renault is accelerating its electric strategy and has presented a comprehensive strategy package under the name “Renault Eways Electropop”. This not only includes new sales targets, but also further details on the French company’s platform and technology strategy. Renault Group’s new sales targets for Europe are 65 per cent electrified vehicles by 2025 and up […]

Daimler set to bring fossil fuel exit forward

Daimler is apparently preparing for a possible earlier end to gasoline and diesel engines in Europe. Now that it seems most likely the EU Commission will significantly tighten CO2 targets, CEO Ola Källenius wants to further accelerate the electrification of the Mercedes model range. The German publication Manager Magazin revealed the German luxury carmaker’s plans […]

Ford boosts e-mobility investments by $8 billion

Ford is increasing its investment in electric mobility to more than 30 billion US dollars by 2025, the US vehicle manufacturer announced in an online presentation for investors. This is eight billion dollars more than previously planned. In addition, Ford mentions further product plans. Ford has fixed the acceleration of its electrification and other plans […]

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