BMW enters power storage market: The move was already suggested when BMW announced its joint venture with Viessmann. German WirtschaftsWoche now reports that the carmaker will definitely begin selling new and used i3 batteries to power homes this year. Moreover, the batteries will not need to be modified to be used as storage in combination with a photovoltaic system.
handelsblatt.com, wiwo.de (in German)
Wanxiang invests: The Chinese company says that in the coming ten years, it wants to pour some 200bn yuan (30bn dollars) in the research and development of electric cars and buses, as well as batteries and other components for electric vehicles. The goal is the decrease battery prices by two thirds in three years, while doubling production.
FF gets cash injection: Faraday Future will officially receive 215.9m dollars in subsidies for its electric car factory in Nevada. Construction is said to begin at the end of the months, with the production site scheduled to be completed in the second half of 2017.
Honda Clarity FC priced: In the U.S., the fuel cell vehicle will be available from 60,000 dollars and can be leased for less than 500 dollars per month, the Japanese carmaker announced. The Clarity Fuel Cell will hit the road in California this year already and can initially be leased only.
carscoops.com, worldcarfans.com, electriccarsreport.com
Made in Thailand: Mercedes announced that it will begin producing its S500e and C350e plug-in hybrids in its factory in Thailand. The production site has a capacity of 19,000 units per year, but currently only produces 4,500, including three of the carmaker’s hybrid models.
Local Motors gets wings: Airbus is investing 150m dollars in the U.S. company known for its 3-D printed electric vehicles. According to Airbus, the vehicle model and especially the speed of production could be interesting to the aerospace industry as well.
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