Category: Motorized Vehicle

October 12, 2018

In a first of its kind joint venture, the agreement will examine how second-life Nissan electric vehicle batteries will support demand side management. Through the system, electricity stored in the batteries will be released back to the grid through EDF […]

October 11, 2018

The Germany-based firm will also invest over $3.4bn to enhance its existing production capacity in China, BBC News reports. As a result of the joint venture contract, the new agreement is valid for 22 years until 2040 and will further […]

October 10, 2018

Chief Executive Jean-Bernard Levy said EDF was targeting a 30 percent market share in electric vehicle charging in its main markets of France, Belgium, Italy and the United Kingdom. “We want to become the uncontested leader in electric mobility in […]

October 9, 2018

Even if self-driving cars never make it to the streets in large numbers — or if they are deployed only in geofenced areas — the huge amount of money invested in the technology will have benefits that could improve all […]

October 8, 2018

MILAN (Reuters) – Fiat Chrysler (FCA) said on Monday it had kicked-off preparations for the production of a plug-in hybrid version of the Jeep Renegade as the carmaker pushes ahead with its electrification drive to meet tougher emissions rules. The […]

October 3, 2018

The company has agreed to pay $750mn in advance for the minority stake in Cruise and will also contribute another $2bn over the next 12 years. As part of the deal, Honda, GM and Cruise will develop autonomous vehicles in […]

October 2, 2018

The California-based electric carmaker, emerging from several months of turmoil around its Chief Executive Elon Musk, confirmed numbers leaked to an industry news site on Monday that showed it produced roughly 80,000 cars in the third quarter. Deliveries reached a […]

October 1, 2018

Tesla shares sank last week after the U.S. Securities and Exchange Commission accused Musk of securities fraud, opening up the prospect of a long-drawn out fight that could have seen Tesla lose its leader, undermine its ability to raise capital […]

October 1, 2018

Aeva was founded by Soroush Salehian and Mina Rezk, who both left Apple’s Special Projects Group that houses the iPhone maker’s self-driving car work. Aeva is working on a device that would help cars sense the road, vehicles, pedestrians and […]

September 28, 2018

(Reuters) – Shares of Tesla Inc (TSLA.O) dived 11 percent in early trading on Friday after U.S. regulators accused Chief Executive Elon Musk of fraud and sought to remove him from his role in charge of the electric car company. […]