Renault has now officially become the main shareholder in JMEV, the electric car offshoot of the Chinese manufacturer Jiangling Motors Corporation Group. With the acquisition and joint venture, Renault intends to expand its influence on the Chinese electric vehicle market.
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The forklift manufacturer Kion wants to set up its own factory for the production of lithium-ion batteries in Germany and has founded a joint venture with the Karlstein battery manufacturer BMZ Group to facilitate the process.
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With the Rocketman, Mini had already introduced the concept of a tiny city car priced below the well-known Mini in 2011. Now BMW really wants to build the xs Mini in China – as a battery-electric car.
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ViaVan, the joint venture of Mercedes-Benz Vans and the US startup Via, plans to convert all its locations to purely electric fleets by 2025. In Berlin, only fully electric vans are to be used from the end of 2020.
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Chinese electric bus manufacturer BYD plans to open a second factory in India with its local joint venture with Olectra. The plant could be built in northern India, although the exact location is not yet known.
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Nissan and its China partner Dongfeng are currently in talks with Didi Chuxing to establish a joint venture with Didi’s ride-hailing and car sharing services. The Japanese and Chinese car makers should supply Didi with electric vehicles.
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LG Chem and Geely are forming a joint venture in China for the production of electric car batteries. The plan is to establish a factory that will have an annual production capacity of 10 GWh by the end of 2021 to supply batteries for Geely electric vehicles.
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Volkswagen is investing 900 million euros in the Swedish battery manufacturer Northvolt. Part of the sum is earmarked for a planned joint venture with the Swedish battery manufacturer, another part goes directly to Northvolt.
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General Motors plans to set up a joint venture with the construction company Bechtel to set up a network of thousands of rapid charging stations for electric vehicles in the USA. However, the two companies do not want to invest their own money in the project, but are in talks with investors who are to […]
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Électricité de France (EDF) together with California’s Nuvve has founded a joint venture called DREEV for the development of V2G charging solutions. The focus is on the main European markets of France, Belgium, Italy and Great Britain.
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Turkish Industry Minister Mustafa Varank announced that the first electric car produced in Turkey will have a range of 500 km and will be launched in the second half of 2022. A prototype will apparently be presented at the end of this year.
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The joint venture JAC Volkswagen have signed agreements for the Seat brand to enter the Chinese market over the next two to three years. The JV aims to focus on smaller electric cars and use their R&D centre in Hefei.
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Hyundai has received approval in China to sell its all-electric Kona. In order to benefit from the Chinese subsidies, Hyundai is not allowed to equip the Kona Electric with batteries from LG Chem, as usual, however.
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Volkswagen has established a joint venture with its China partners JAC and FAW for the development, production and sale of charging infrastructure. This involves wall boxes as well as the installation, maintenance and operation of public charging points.
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It is now official that an e-mobility alliance focused on user-friendliness is being formed in the Alpine nation: The eleven partner companies of the Federal Association for Electric Mobility (BEÖ) and the joint venture Smatrics are networking their charging stations in Austria.
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The partner for Volkswagen’s decision to start mass production of battery cells for electric cars will not be the South Korean manufacturer SK Innovation as was rumoured. Rather, the German carmaking giant is turning to the Swedish startup Northvolt for all its battery requirements.
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Mercedes is planning to produce 100 fully electric EQC SUVs every day this year, according to a manager. The company opened the order books for the EQC just a few days ago.
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The U.S. American powertrain supplier BorgWarner announced the founding of a joint venture with Romeo Power Technology, a Californian supplier of battery modules and battery packs founded in 2015 by former SpaceX, Tesla and Samsung engineers.
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The Chinese joint venture between GAC and Toyota is planning to invest 11.3 billion yuan (around 1.5 billion euros) in expanding production capacities for plug-in vehicles. The plan is to expand the current capacity of 480,000 units per year by an additional 400,000 per year by 2022.
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Mercedes-Benz has started production and sales of their new EQC. The electric model is now rolling off the assembly line at the plant in Bremen and can be ordered immediately at prices starting at 71,281 euros. Initially, a launch edition of the electric model will be available for a period alongside the normal serial version […]
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At the end of the current model year, Daimler is to ends sales of the Smart in the USA and Canada, where the small car has only been available with an electric drive since 2017. In addition, Smart-boss Katrin Adt will assume a new management position within the Group as of 1 July.
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The joint venture between Volkswagen and JAC plans to invest the equivalent of 674 million euros ($750M) in an electric car plant in Hefei, China. The environmental permit has already been granted for the production of 100,000 electric cars per year.
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VinFast has established a joint venture with LG Chem to produce battery packs for the Vietnamese start-up’s electric scooters and future electric cars. The two companies already signed a letter of intent in September 2018 to cooperate on EV batteries.
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The French battery manufacturer Saft, a member of the Total oil group, has reached an agreement with the Chinese company Tianneng Energy Technology to set up a joint venture for the development, manufacture and sale of lithium-ion cells, modules and packages.
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The US charging infrastructure provider Blink Charging and the greek Eunice Energy Group have established a joint venture to target the European EV charging market. ‘Blink Europe’ will begin by focusing on Greece, before expanding to other European markets.
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Daimler confirms the latest rumours about the future of its small car brand Smart – so now it is official: Daimler and Geely will establish a joint venture based in China to further develop the Smart brand as a global EV manufacturer.
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In July 2018, BMW and Great Wall Motor signed an agreement for the production of Mini electric vehicles in China. There are now details, including the plans to build a factory in the Chinese province of Jiangsu where the first electric Minis will roll off the assembly line from 2021.
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The battery cell manufacturer CATL and the state-owned Chinese car manufacturer FAW have founded a joint venture for the development, production and sale of lithium-ion batteries. It has a starting capital of two billion yuan (approx. 263 million euros).
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Air Liquide, Idex, Société du Taxi Électrique Parisien (STEP) and Toyota have launched a joint venture called HysetCo to develop hydrogen mobility in the Paris region. It will also serve Hype, the fleet of fuel cell taxis, launched in 2015 during the COP21 and operated in Paris.
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BMW and Daimler have now combined their mobility services as announced. The two companies are investing more than one billion euros to expand further and closely interlink their existing car sharing, namely Car2Go and DriveNow as well as ride-hailing, parking, charging and multi-modality services.
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