Bosch and Mitsubishi Corporation team up with Blue Park Smart Energy to develop business models for battery swapping in China

When it comes to electric vehicles, even high speed charging is not always speedy enough: idle time during charging and the costs this entails are deterring companies such as taxi services and ride-hailing operators from electrifying their fleets. Adde…

Electric Vehicle sales increased 109 percent in 2021, China and Europe set the pace

Electric vehicle sales increased 109 percent in 2021 compared to 2020, a new report from analyst firm Canalys indicated. As the all-electric vehicle sector continues to heat up with competition, EVs made up 9 percent of the total automotive sales globally last year, a sharp increase from the year prior. China and Europe continue to […]

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ABB E-mobility increases majority stake in Chinese EV charging provider Chargedot

ABB announced it has increased its majority stake in Chinese electric vehicle charging provider, Chargedot Shanghai New Energy Technology Co., Ltd. to 80 percent. ABB had previously acquired a 67 percent stake in Chargedot in March 2020. The additional…

Volkswagen pledges to double ID sales in China after sub-par year due to chip shortage

Volkswagen Auto Group missed its sales goals for the ID. family of vehicles in China in 2021 by around 12 percent. Following the sub-par performance, mostly driven by the semiconductor chip shortage, the German automaker is pledging to double sales in 2022, despite the industry’s outlook remaining relatively unchanged for the new year. VW reported […]

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China will cut electric vehicle subsidies by end of 2022

China announced that it would eliminate subsidies that encourage consumers to purchase electric vehicles by the end of 2022. China, the largest automotive market globally, has established itself as a hotspot for electric vehicle manufacturers, as several of the world’s leading EV firms have established themselves as main players in the country’s emerging EV market. […]

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Ford completes first deliveries of Mustang Mach-E in China

Ford has successfully handed off the first units of the Mustang Mach-E to Chinese buyers, the company announced on December 26. “The award-winning Mustang Mach-E was officially delivered to first customers in China on Sunday, December 26,” Ford wrote in a press release earlier this week. “The locally-produced Mach-E is being sold via Ford BEV’s […]

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Chinese BEV electric car market double Western Europe’s – 1M units ahead after 10-months

While new BEV (battery electric vehicle) passenger car registration volumes in Western Europe surpassed previous full-year levels (727,900) after just 10-months of 2021 (886,000), the 18-market region monitored by the European Electric Car Report each …