After alliance partner Nissan, Renault has also presented its restructuring program. The savings plan provides for the elimination of two billion euros in fixed costs. Among other things, savings will be made in personnel.
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Volkswagen has officially confirmed its plan to increase its stake in JAC Volkswagen, its joint venture for electric mobility, and to invest around one billion euros in this. The Wolfsburg-based company will invest another billion in a Chinese battery specialist.
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The UK-based Liberty Global Ventures and Zouk Capital have announced a joint venture partnership named Liberty Charge. The partnership will roll out on-street charging points for electric vehicles in residential areas across the UK.
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EnBW and Smatrics found Smatrics mobility+ GmbH. The joint venture aims to operate the largest charging network in Austria and, above all, to expand high power charging. All Smatrics charging stations will be transferred to the new operating company.
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The joint venture between the Volkswagen Group and Sweden’s battery manufacturer Northvolt is taking shape. The partners have now decided that the buildings and infrastructure for the planned joint battery cell factory ‘Northvolt Zwei’ will be built by Volkswagen itself.
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The joint venture Charge4Europe, founded by Innogy and the mobility service provider DKV, has now joined Gireve. The French roaming platform combines more than 86,000 charging points from different networks throughout Europe and has already formed a cooperation with Hubject.
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Volkswagen has relieved its Seat brand of responsibility for the development of the planned MEB small electric car for under 20,000 euros, insiders say. The decision is related to the fact that Seat has indefinitely postponed its market entry in China.
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In China, according to a number of media sources, VW has begun the production of prototypes presented last year as an electric SUV concept called ID. Roomzz. The seven-seater is apparently first set for launch on the Chinese market in 2021, presumably as VW ID.6.
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Toyota is launching three electric models on the Chinese market on April 26. One of these vehicles is also soon to be sold in select European markets.
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Daimler Truck and the Volvo Group intend to establish a joint venture to develop and build fuel cells for heavy-duty commercial vehicles. Although the letter of intent just signed is non-binding, a final agreement is expected to be concluded by the end of the year.
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A new electric car brand launched in China named Maple. Maple is a joint venture between Geely and Kandi’s Fengsheng Automotive Technology Group. The brand’s first model, the Maple 30x, is to be launched at prices of less than 9,000 euros.
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Chinese manufacturers GAC and Nio have launched their first electric model on the Chinese market under the joint brand Hycan. The all-electric mid-sized SUV Hycan 007 is offered with two battery options of 73 and 93 kWh capacity.
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Renault has adjusted its strategy for China and will in future concentrate fully on electric vehicles and light commercial vehicles. This includes the French company withdrawing from its joint venture with Dongfeng through which they had built conventional ICEs and transferring its shares in DRAC to Dongfeng.
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Volkswagen is bringing its flexible (ie semi-mobile) fast-charging (HPC) stations to China via a joint venture. A date for the planned start of production has also been set but the approval of the authorities for the joint venture is still pending.
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Toyota and BYD have completed the formation of their announced joint venture to jointly develop BEVs and their batteries. The joint venture, called BYD Toyota EV Technology (BTET), is based in Shenzhen and is scheduled to start operations in May.
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BMW Brilliance has begun construction of a new production facility on the existing Chinese plant site in Tiexi, a district of Shenyang in Liaoning Province. With the new plant, BMW Brilliance (BBA) intends to double production capacity at the site.
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The Chinese battery cell manufacturer CATL plans to enter the market for charging solutions through a cooperation with the charging station operator Baicheng New Energy. The joint venture is to develop the growing charging infrastructure market in China.
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Volvo’s electric car brand Polestar registered a wholly-owned subsidiary in Shanghai on 11 March. Polestar calls its China spin-off Jixing Automobile and has tasked it with the wholesale and retail of vehicles and auto parts.
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Stagecoach Manchester has launched 32 all-electric double-decker buses, the first to arrive in the Greater Manchester area. The fleet will serve the 111 and 43 routes connecting Manchester city centre and the airport as well as five hospitals and three universities.
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ZF Friedrichshafen and the Wolong Electric Group have officially sealed the foundation of their joint venture, which was agreed upon in November. The objective of the JV called Wolong ZF Automotive E-Motors Co Ltd is the development and production of electric motors and components.
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Gumpert Aiways has announced the start of production for the first series model with methanol fuel cell. The First Edition of the Roland Gumpert Nathalie is a special edition with lavish equipment and special paintwork offered at a price of 407,000 euros.
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The Chinese electric car manufacturer Nio has started production of its third model after the ES8 and ES6. The start of production at the indebted company is also made possible thanks to a framework agreement with the city of Hefei, which is providing Nio with a billion-euro cash injection.
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Chevrolet has started selling its first all-electric model on the Chinese market. The Menlo EV is a fully electric SUV with a NEDC range of up to 410 kilometers and is available at prices starting at 159,900 yuan (approx. 21,000 euros) after the government subsidy.
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The Canadian government is providing a further eight million dollars to set up 160 new fast chargers at 73 locations in the province of Ontario. The charging stations will be operated under the name Ivy Charging Network.
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The French electricity company Électricité de France (EDF) has acquired a majority stake in the British charging station manufacturer Pod Point. The deal is part of a new joint venture with the finance company Legal & General Capital.
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After it was announced last year that Indian Oil Corp (IOC) wants to start production of battery cells for electric cars in cooperation with a foreign company, the state-owned IOC is now officially giving details.
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Volkswagen and Northvolt want to increase the capacity of their battery cell factory in Salzgitter, Germany, by 50 per cent. The joint venture plans to submit the building application for the already planned expansion in March.
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Iveco-owner CNH Industrial and Nikola Motor will build the Nikola Tre in battery-electric and fuel cell version at the Iveco plant in Ulm, Germany. The first e-trucks to go into production from 2021 are the battery-electric 4×2 and 6×2 vehicles. The fuel cell version is planned for 2023.
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Electric aircraft company Wisk hopes to start the first trials carrying passengers in its VTOL in New Zealand as it signed a letter of intent with the government. The company is now pushing ahead with its production and commercialisation plans together with Boeing.
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In Berlin, a seemingly unlikely coalition is blocking two electric vehicle projects. The trade union Verdi refuses the purchase of 90 new electric buses by transit operator BVG. On top, the Senate could stop BVG’s and ViaVan’s ridesharing offer BerlKönig as early as April.
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