Europe’s second battery consortium gets the go-ahead
In the latest development in Europe’s battery production ambitions, the second consortium is taking shape with German and European governmental support. The participating countries have agreed the consortium’s work programme.Weiterlesen
EU Battery Alliance accelerating progress
One year after airing the plan for an European Battery Alliance (EBA), the EU Commission says their Action Plan is now in place. In the press release they also recapture ongoing efforts and (new) funding schemes to establish a battery industry in Europe.Weiterlesen
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EC wants mandatory e-bike insurance
The European Commission has decided that electric bicycles must have a third party liability insurance. While the draft still needs to go through the EU Council and Parliament, it effectively undermines current legislation that equals pedelecs with bicycles.Weiterlesen
European Commission, Tim Leverton, Hyundai.
“Electrification of transport should be a high priority, with full integration of electric vehicles in urban mobility policies and in the electricity grid.”
This is what the European Commission says in a discussion paper concerned with a single energy union for Europe. This entails not only the free flow of fuel, but also electric vehicles.
“We have already sold buses in Europe with hybrid technology. As electric vehicles are still long way off due to the costly batteries. Hybrid technology is the closest we are in terms of launching here in the next 3-5 years.”
Tata Motors President and Head of Product Engineering Tim Leverton is not yet into EVs but hybrids. The company is also working on fuel cell technology.
“We decided to slash the car’s price, even if we make a loss, because we can’t make further investments or expand infrastructure amid dismal sales.”
This is from Hyundai’s official statement regarding the rather drastic price cut of 43 percent in South Korea (we reported yesterday). If it is a desperate or clever move, time will tell. In any case, it is intended as a commitment to FCVs.