UK’s Octopus to Lease out China’s Omoda EVs, Offer Charging Services
Britain’s Octopus Energy will lease out electric vehicles from Chinese automaker Chery’s Omoda brand and offer low-cost charging rates and charger installation, among other services, the two companies said on Tuesday. Octopus already leases out more than 15,000 EVs via…
Global EV Sales up 12% in March, Down 9% in Europe, Rho Motion Says
Global sales of fully electric and plug-in hybrid vehicles (PHEVs) rose 12% in March versus the same month in 2023, with growth in China and the U.S. market partly offset by a 9% drop in Europe, market research firm Rho…
Volkswagen Electric Car Sales Plunge as Europe Returns to Petrol
Sales of Volkswagen electric cars have plunged by almost a quarter in Europe as demand for battery-powered vehicles stalls and buyers return to petrol. Electric vehicle (EV) sales fell by 24pc in the first three months of the year as…
EU Approves Slovakia State Aid for Volvo Car EV Plant
The European Commission approved a plan by Slovakia to provide state aid to Volvo Car, supporting the Swedish auto maker’s development of a new electric-vehicle production plant in the country. Under the plan, Slovakia will issue grants worth 267 million…
CMA CGM Joins Renault and Volvo in Flexis Electric Truck JV
CMA CGM has joined the Flexis electric light van manufacturing joint-venture, formed between carmakers Renault and Volvo last month. The French container shipping line announced this morning it had invested €120m in Flexis SAS to acquire a 10% stake in…
A Quarter Of EVs Sold In Europe This Year Will Be Made In China, NGO Predicts
In Europe, electric vehicles made in China are common, even though it might not seem like it at first. Last year, out of the roughly 300,000 EVs sold in the European Union, 19.5% were made in China, and that number…
Ford, Allego Team Up to Supply Ultra-Fast Charging to European Dealer Network
Ford and Allego N.V., a leading pan-European public electric vehicle fast- and ultra-fast charging network, have formed a strategic partnership to bring ultra-fast charging infrastructure to hundreds of Ford dealerships across Europe. The new collaboration will further expand convenient and…
Open Data Tapped for EV Charger Status
British network operator UK Power Networks has launched the open data based Powercast software for information on the status of electric vehicle (EV) chargers.Powercast, available as an open source API, draws on the company’s data to provide information for users…
Renault Expects to Close Electric Van JV With Volvo Trucks Within Weeks
Renault Group expects the closing of its joint venture in electric vans with truckmaker Volvo Group and the French shipping group CMA CGM to happen by the beginning of April, a spokeswoman said. Renault and Volvo signed binding agreements last…
VW is Getting Into The EV Battery Business
With supply chains still in disarray and the war in Ukraine wreaking havoc on EV battery component commodity prices, many forward-thinking automakers are scrambling to secure not only stocks of the valuable metals like cobalt, lithium and nickel that go…