Tesla drops Model 3 prices in Europe
Prices have been reduced for the Tesla Model 3 in several European countries. In France, prices even dropped by up to 6,190 euros for the Standard Range+ variant.
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BYD & Nio gather billions in funds
Chinese electric manufacturers BYD and Nio have raised fresh money. While BYD raised around 3.9 billion US dollars through the sale of new shares, Nio successfully placed two bonds totalling 1.5 billion US dollars.
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Nissan reveals e-NV200 Winter Camper Concept
Nissan has presented the e-NV200 Winter Camper Concept, a study optimised for off-road conditions based on the familiar electric van. The offroad-ready one-off is intended to inspire a “sustainable spirit of adventure”.
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Mobile test stand for high-voltage components by IAV
The Berlin-based engineering specialist IAV has developed a mobile high-voltage test stand that it now offers either as a product or a service. The company says that several German vehicle manufacturers are already using the unit called IAV Auros.
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New Volkswagen flagship called VW Trinity
VW brand boss Ralf Brandstätter has revealed the name of the brand’s new electric flagship first announced in December. The Trinity EV will roll off the production line from 2026.
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Mercedes-Benz reveals the all-electric EQA
Mercedes-Benz Cars just presented the EQA, an all-electric compact e-SUV. Further variants are to follow the 140 kW EQ electric car now revealed. The EQA 250 will be available for order in Germany from February at prices starting at 47,540 euros.
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Porsche releases the RWD Taycan
While the Porsche Taycan with rear-wheel drive is already available in China, dealerships in Germany, the US and the UK are now to follow. With rear-wheel drive and the optional battery, the basic Taycan is the version of the model series with the longest range.
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Thomas Ulbrich stays with VW after all
Volkswagen has restructured the Board of Management of its core passenger car brand. Frank Welsch, Member of the Board of Management responsible for Development, moves from the brand to the Group and will take charge of the new Group Quality Management and Strategy department.
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CAM study finds China remains ahead in electrification
New registrations of electric cars and plug-in hybrids rose by 14.6 per cent to 1.246 million in China in 2020. The market leader is Tesla with its Model 3, according to a new report by the Center of Automotive Management (CAM).
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Mercedes EQA rumoured to launch in March
Mercedes-Benz is planning a tight schedule for the market launch of the electric models EQA and EQS, according to a media report. While the electric compact car is to be delivered as early as March, August is reportedly scheduled for the first handover to customers for the electric flagship vehicle.
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Audi reveals more on EV joint venture with FAW
The electric car joint venture between Audi and FAW in China, which was officially announced in October 2020, is becoming more concrete: The future company will be 60 per cent owned by Audi AG and Volkswagen Group China and 40 per cent by FAW and will be based in Changchun in north-eastern China.
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Toyota presents hybrid racecar for WEC
Toyota Gazoo Racing has unveiled the race car it will enter in the FIA World Endurance Championship (WEC) this year. In line with the new hypercar regulations, the GR010 Hybrid features an all-wheel drive powertrain with system power capped at 500 kW.
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Hyundai Wia shows new thermal management system for EVs
Hyundai Wia has developed a thermal management system for electric cars that is intended to improve their range and charging capability.
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PSA & FCA complete Stellantis merger
PSA and FCA have now completed their merger, paving the way for the creation of Stellantis. The new group’s ordinary shares will start trading on Euronext in Paris and Mercato Telematico Azionario in Milan on 18 January, and on the New York Stock Exchange on 19 January, each under the symbol “STLA”.
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Tesla Model Y deliveries officially launch in China
Tesla has officially started deliveries of the Model Y built in China. Meanwhile, preparations for the production of the European Model Y in Giga Berlin continue and it is looking like the plant could become larger than initially thought. There are also increasing indications that the Model S and Model X will soon be refreshed.
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Arcimoto found 5x larger production base in Oregon
Arcimoto, which makes funky electric trikes, has announced that it has agreed to purchase a new manufacturing site in Eugene, Oregon. Spanning over 185,000 square foot (about 17,187 sqm), the new factory is more than five times as large as Arcimoto’s current production facilities.
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Nissan details Qashqai e-Power technology
Nissan provides some technical data on the Qashqai e-Power, two months after first announcing the hybrid vehicle to come to Europe. The e-power system combines a 140 kW electric motor and 1.5-litre gasoline engine that drives the power generator for charging the battery.
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SAIC & Alibaba set up Zhiji Auto for electric car label IM
SAIC and Alibaba have moved fast to install their electric car joint venture. Zhiji Auto presented the first two models under the IM label for “Intelligence in Motion”. Battery cells come from CATL.
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Lucid Motors aims to go public via SPAC deal
Lucid Motors appears in talks to go public through a merger with a special purpose acquisition company (SPAC) belonging to investor Micheal Klein. The deal could be worth $15 billion (about €12.4Bn) for the electric vehicle maker.
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Volkswagen adds EV makers to CO2 pool with SAIC
Volkswagen AG has opened its CO2 pool in the EU further at the end of last year to include more manufacturers. The new pooling partners all make electric vehicles.
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BYD presents new hybrid powertrain DM-i
BYD has unveiled a new plug-in hybrid powertrain called DM-i, which is expected to reduce fuel consumption to 3.8 litres per 100 kilometres. Three BYD models will initially be equipped with the DM-i hybrid system, which is now entering series production: The Qin, the Song and the Tang.
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PSA sold 120,000 electrified models throughout 2020
The PSA Group recorded around 120,000 new registrations for electrified models in 2020, one reason it met the European CO2 targets. At the same time, the French company’s total sales slumped 27.8% to 2.51 million cars in the crisis year compared to 2019.
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Xpeng plans expansion to Europe
The Chinese electric car manufacturer Xpeng wants to decide within the next four months which European countries to enter next. In an interview, Xpeng President Brian Gu also indicated that production of electric cars in Europe was also conceivable in future.
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Renault’s Luca de Meo calls for new business model
Renault CEO Luca de Meo has presented his new strategy dubbed „Renaulution“ (sic!). The Italian de Meo wants to give the French automaker a new business principle: Away from the volume, toward value. Ten new electric models are to be launched by 2025.
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Foxconn & Geely launch EV manufacturing partnership
Long-time Apple supplier Foxconn and Chinese automaker Geely are entering into a partnership. With the planned joint venture, in which both partners will each hold half of the shares, Geely and Foxconn intend to offer contract manufacturing and consulting services in electric mobility.
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Renault doubles EV sales in Europe
Renault has presented its electric car sales statistics for 2020. According to the figures, the French automaker was able to sell 115,888 electric vehicles in Europe, around twice as many as in 2019. The company’s most successful electric model by far was, once again, the Renault Zoe.
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Hyundai teases the Ioniq 5
Hyundai provides an official preview of the highly anticipated Ioniq 5 and unveiled the first design elements and technologies of the electric crossover,. After the digital debut in February, it will be possible to pre-reserve the 800-volt electric vehicle before it celebrates its market launch in Europe in summer 2021.
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Tesla subsidiary in Bangalore ahead of India launch
Tesla’s imminent launch in India that was announced by an Indian minister at the end of December is now taking shape. The electric car manufacturer has established a subsidiary there under the name Tesla India Motors and Energy Private Ltd.
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Formula 1 Team McLaren goes for Formula E
McLaren Racing has secured an option to participate in Formula E once the 3rd generation race cars debut. The option will enable McLaren to enter the championship as one of a maximum of twelve teams from the 2022/23 season.
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German carmakers increase electric car sales
German carmakers Porsche, Audi, VW and the BMW Group, have published sales figures for 2020. Although overall sales declined, their sales of electric cars and plug-in hybrids still saw a significant increase. In some cases, these now account for a double-digit share of total sales.
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