Britishvolt has secured a £100 million grant from the UK government’s Automotive Transformation Fund for its planned battery cell factory in Blyth, Northumberland. In addition, there is probably a first potential customer.
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Polestar is now launching its Polestar 2 on the South Korean market. Prices for the electric sedan start at 54.9 million won for the single-engine version and 57.9 million won for the dual-engine variant. Orders are available now and deliveries are scheduled to begin in mid-March.
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The electric car brand Polestar has sold 29,000 vehicles worldwide in 2021, reaching its sales target. Compared to the previous year, sales increased by 185 per cent.
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In China, around 3.3 million New Energy Vehicles, meaning battery-electric cars and plug-in hybrids, were sold last year. December was also a new record month with 505,000 NEV cars.
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Chinese premium electric brand Zeekr, which belongs to the Geely Group, plans to offer its first model in the EU from the beginning of 2023. By 2025, the brand wants to expand its range to seven models and export a total of 100,000 vehicles.
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Zeekr and Waymo are working together on a purely electric and fully autonomous ride-hailing vehicle. This will be an electric minivan that will be used primarily in the USA.
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Polestar is developing a new electric motor and battery pack with an 800-volt system, according to a media report. The drive system, which is to be used exclusively by Polestar, could make its debut in the Polestar 5.
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With Nio, Xpeng and the Geely brand Lynk & Co, three more Chinese manufacturers have joined the Volkswagen Group’s open CO2 pool in the EU for 2021 and 2022 – despite Volkswagen’s assurances that it is compliant with the required fleet target values for 2021.
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In November, sales figures for New Energy Vehicles reached a new high for the year. Over the course of the month, 429,000 NEVs were sold, which significantly exceeds the previous record from October (368,000 vehicles).
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Volvo and Polestar are each working on an all-electric compact SUV, according to a British media report. However, according to the report, these will not be based on the same platform, but will each be independent. However, questions remain.
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Polestar has previewed the final design of the Polestar 5 in a documentary series on Youtube. The electric four-door performance GT based on the Polestar Precept study is scheduled for market launch in 2024.
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The electric car brand Polestar aims to increase its annual sales to 290,000 vehicles by the end of 2025 with expansion in existing and new markets and the introduction of three new models. By the end of 2023, Polestar should already be present in 30 markets – currently there are 14.
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The Geely subsidiary Farizon Auto has just presented an electric semi-trailer truck called Homtruck with an architecture that can carry different zero-emission powertrain options. Production start and first deliveries are planned for early 2024.
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Geely has unveiled its ‘Smart Geely 2025’ strategic plan. Under the plan, the Chinese car company aims to achieve annual sales of 3.65 million vehicles under the Geely Auto, Lynk & Co, Geometry and Zeekr brands by 2025. Geely has also launched a new global hybrid powertrain brand.
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Geely has given its subsidiary Volvo Cars control of the car plant in Luqiao, China, where the Polestar 2 and Volvo XC40 Recharge electric models, among others, are produced. In the process, the Luqiao production plant will be renamed Taizhou.
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Geely’s premium electric brand Zeekr has started production of its debut model presented in April in the eastern Chinese region of Ningbo. The first deliveries of the Zeekr 001 have already been announced for 23 October.
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The Japanese electric motor manufacturer Nidec has signed a supply contract with the Geely brand Zeekr. According to Nidec, the 200 kW axle drive will be installed in the Zeekr 001.
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Volvo Cars has started production of the C40 Recharge at its plant in Ghent, Belgium. It is the first Volvo model to be offered exclusively with electric drive.
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In the UK, LEVC is supplying 30 VN5 electrified (hybrid) vans to EV charging infrastructure provider BP Pulse. The vans are being used by BP Pulse’s electricians when installing EV charging points across the country.
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The Chinese car company Geely wants to list its Swedish passenger car subsidiary Volvo Cars on the Stockholm stock exchange before the end of this year. New shares are expected to raise gross proceeds of around 25 billion Swedish kronor (2.5 billion euros). Geely wants to remain the largest shareholder.
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The Chinese car company Geely wants to set up 5,000 battery swapping stations for electric cars in China by 2025. The associated service is called E-Energee.
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Polestar is apparently close to completing the proposed SPAC merger with investment firm Gores Guggenheim that was first leaked in July. The official announcement could be made in the course of today, Monday.
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Geely’s electric car subsidiary Geometry presents its most affordable model to date, the EX3. According to its “estimated pre-sale price”, the five-seat compact electric car will cost 59,700 yuan, around 7,900 euros. The EX3 is already available for pre-order in China, and will be introduced in other markets later.
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The German electric aerial taxi developer Volocopter has founded a joint venture with the Geely subsidiary Aerofugia in Chengdu, China. The joint goal of the partners is to bring urban air mobility to China within the next three to five years.
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With the Concept #1 at the IAA Mobility in Munich, Smart gives a concrete preview of the first series model of the new all-electric vehicle generation. Instead of a small electric two-seater, there will be an SUV model from Smart in the future.
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The Chinese battery manufacturer CALB (China Lithium Battery Technology) has announced the expansion of its production capacities to 300 GWh by 2025. Among other things, the company is planning a new factory in Hefei with a capacity of 50 GWh. International carmakers could also benefit from this.
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The Geely brand Lotus has published its electric strategy. Four new electric models are planned between 2022 and 2026, which will be produced at a new plant in China that is to open this year. The first of the models to come out will be an electric SUV.
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Geely’s premium electric car brand Zeekr has raised a total of 500 million US dollars from external investors – the equivalent of about 424 million euros. The five strategic investors include the Chinese battery cell manufacturer CATL.
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Volkswagen is the most innovative car company in 2021 – ahead of Daimler and Tesla. This is the result of a new study by the German Center of Automotive Management (CAM), which regularly publishes rankings of the most innovative corporations and premium brands.
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Geely is planning a joint venture with the Chinese company Sunwoda Electric Vehicle Battery. The joint venture with Sunwoda and Geely subsidiary Jirun Automobile will develop and produce battery cells, modules and packs for hybrid vehicles.
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