BEV – Page 99 – Sidevalve EV News

WM Motor attracts 1.25 billion euros in D round

September 22, 2020 Carrie Hampel Syndicated Comments Off

The Chinese electric car startup WM Motor has now generated 1.25 billion euros (1.47 billion US dollars or 10 billion yuan). The most recent round of financing was led by SAIC Motor’s investment platform and the Shanghai Municipal Asset Monitoring and Management Commission. The stellar Chinese electric car startup will be using the finances for […]

The post WM Motor attracts 1.25 billion euros in D round appeared first on electrive.com.

Mercedes-Benz EQA launch delayed till next year

September 21, 2020 Carrie Hampel Syndicated Comments Off

According to a British media report, the all-electric Mercedes-Benz EQA will not be launched this year as expected. Several different reasons have led to a delay of around six months. According to an article from Autocar, the delays to the EQA launch are being caused by a restructuring of Mercedes’ production activities for electric cars, […]

The post Mercedes-Benz EQA launch delayed till next year appeared first on electrive.com.

Ford lays founding stone to produce the F-150

September 19, 2020 Carrie Hampel Syndicated Comments Off

Ford has now officially laid the foundation stone for a new facility next to its truck plant in Dearborn, Michigan, to produce the electric version of the F-150 pickup truck from mid-2022. A hybrid version of the pickup truck will also be produced there. On the occasion of the foundation stone ceremony, The US automaker […]

The post Ford lays founding stone to produce the F-150 appeared first on electrive.com.

Ultium Drive: five e-drives for GM’s electric cars

September 17, 2020 Carrie Hampel Syndicated Comments Off

Following its Ultium modular battery system, General Motors has now introduced a family of five drive units and three motors under the name Ultium Drive, which will power the Group’s next-generation electric vehicles. General Motors says that the Ultium Drive will offer significant advantages over GM’s previous electric vehicles in terms of performance, scalability, speed […]

The post Ultium Drive: five e-drives for GM’s electric cars appeared first on electrive.com.

VW brand boss Brandstätter: “The ID.4 will be a world-class car.”

September 17, 2020 Carrie Hampel Syndicated Comments Off

Shortly before the world premiere of ID.4, VW brand boss Ralf Brandstätter and Volkswagens eMobility board member Thomas Ulbrich took questions from journalists. The managers mentioned some interesting figures about the e-SUV, on expected sales in particular. With the ID.3, VW launched the first model of its “e-Offensive” a few days ago, and last Friday […]

The post VW brand boss Brandstätter: “The ID.4 will be a world-class car.” appeared first on electrive.com.

BMW iX3 now up for order in the UK

September 17, 2020 Carrie Hampel Syndicated Comments Off

BMW has just revealed the launch specifications and prices for the BMW iX3 for the UK market, which is available to pre-order from today onwards. UK customer deliveries will commence in summer 2021. The electric car is coming to UK shores with two exclusive editions – Premier Edition and Premier Edition Pro. Prices will start […]

The post BMW iX3 now up for order in the UK appeared first on electrive.com.

Tesla targets 100 more hectares for Giga Berlin

September 17, 2020 Carrie Hampel Syndicated Comments Off

Tesla has submitted an application to the state of Brandenburg for the clearing of a further 100 hectares of forest on its Giga Berlin site. Back in the USA, the electric car manufacturer’s construction plans for its latest Gigafactory in the state of Texas have now been made public. At the Giga Berlin site in […]

The post Tesla targets 100 more hectares for Giga Berlin appeared first on electrive.com.

Evergrande earns half a billion dollars via shares

September 16, 2020 Chris Randall Syndicated Comments Off

Evergrande New Energy Vehicle, the NEV offshoot of the Chinese Evergrande Group, has raised around half a billion US dollars in fresh capital by selling treasury shares to a number of external investors. Among the investors are prominent names like Tencent and Didi Chuxing. Specifically, the deal involves 176.58 million existing shares for at least […]

The post Evergrande earns half a billion dollars via shares appeared first on electrive.com.

VW confirms Zellmer as new board member

September 16, 2020 Chris Randall Syndicated Comments Off

Jürgen Stackmann, member of the Board of Management of the VW brand, has left the Volkswagen Group with immediate effect. Since September 15, the new Board Member for Sales has been Klaus Zellmer, previously head of Porsche Cars North America. Brand CEO Ralf Brandstätter officially thanked Stackmann for his “commitment and competence” with which the […]

The post VW confirms Zellmer as new board member appeared first on electrive.com.

Kia plans seven different BEV models by 2027

September 16, 2020 Chris Randall Syndicated Comments Off

Kia has published an update on its electrical strategy, which builds on the ‘Plan S’ presented in January. Some of the targets set at that time have now been watered down again. For this purpose, there is a first sketch of the electric sedan starting in 2021. To sum up: After Hyundai had already presented […]

The post Kia plans seven different BEV models by 2027 appeared first on electrive.com.