France To Open Its First Electric Car Battery Factory
France will launch its first battery factory for electric cars on Tuesday, taking a big step in its race to build up a sector dominated by China. Building up the battery industry is at the heart of President Emmanuel Macron’s…
Kia Aims To Sell 93,000 EVs In Europe This Year
SEOUL, May 30 (Yonhap) — Kia Corp., South Korea’s second-biggest carmaker, said Tuesday it aims to sell 93,000 all-electric vehicles (EVs) in Europe in 2023 by launching the flagship EV9 SUV later this year. The EV target figure accounts for…
How Electric Vehicle Batteries Could Save The UK Auto Industry
The UK may have lost Eurovision this year, but it recently beat European rivals for an arguably more valuable prize. Jaguar Land Rover (JLR) is expected to build a multi-billion-pound electric vehicle (EV) battery plant in the UK rather than…
Slow Fundraising Adds Urgency To PE’s Retail Push; European EV Investments Up
When TPG Inc. announced May 15 that it agreed to a $3 billion deal to acquire investment firm Angelo Gordon & Co. LP, the listed private equity firm touted the addition of a $55 billion credit business to its portfolio, increasing its…
ELECTRIC CITY BUS SALES OVERTAKE DIESEL IN EUROPE
For well over one hundred years, the internal combustion engine has reigned supreme over our roads. For one small but significant transport sector, the humble city bus, its reign has neared its end. The most recent quarterly sales data for…
Equipmake Showcases High-Power-Dense E-axle For Performance EV OEMs At Battery Show Europe
Equipmake, the UK developer and manufacturer of best-in-class electrification products for battery-electric vehicle drivetrains, is showcasing a compact, lightweight, high-power electric drive system for manufacturers of high-performance EVs at Battery Show Europe this week. Held between 23-25 May 2023 at…
The Battery Show Europe Comments On Booming European Battery Market Driven By Electric Vehicles
The Battery market is currently one of the largest growing industries in Europe, largely due to the increase in spending on electric vehicles, valued currently at over USD $250 billion. Europe alone is responsible for 2.3 million plug-in electric vehicle registrations, and…
Exploring The Global Marine Electric Vehicles Market 2023-2032
The global marine electric vehicle market will reach USD 4.2 billion in 2022. Looking ahead, AMR Group expects the market to reach $7.2 billion by 2028, with a CAGR of 9.3% from 2023 to 2032. Marine electric vehicles (EVs) are zero-emission…
Electric Vehicle Problem ‘Can Be Resolved Within’ Brexit Deal
Downing Street has said problems for the British car industry over a Brexit deal deadline can be resolved within the Trade and Co-operation Agreement (TCA). Business Secretary Kemi Badenoch and UK officials have raised the issue with counterparts in Brussels…
Ford Has A Plan To Boost Electric Vehicles In Europe
Last year, Ford reorganized itself into 3 new divisions. Ford Blue will focus on conventional cars with infernal combustion engines. Ford Pro will concentrate on commercial vehicles — which could be either conventional or electric. Ford e is all about…
