EV Updates

Volkswagen selects China-based LEAD for European gigafactory battery manufacturing equipment

[ad_1] Wuxi Lead Intelligent Equipment Co., Ltd. (LEAD) announced that it has been contracted by Volkswagen to supply battery manufacturing equipment for Salzgitter, accounting for more than 65% of the total equipment quantity for that 20 GWh gigafactory. Volkswagen has announced it will invest €30 billion to build 6 battery factories in Europe. For the

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Volkswagen Group, Siemens invests $450M in Electrify America

[ad_1] The Volkswagen Group and Siemens are investing $450 million in Electrify America, with a post-money valuation of $2.45 billion. Through its financing arm Siemens Financial Services (SFS), Siemens becomes a minority shareholder in Electrify America with a low triple-digit million USD investment and will hold a seat on the board. Siemens is the first

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Sweden will host the world\’s largest single offshore wind farm

[ad_1] Stockholm-based wind farm and solar developer OX2 has applied for a permit to build a massive 5.5 gigawatt (GW) offshore wind farm in the Baltic Sea. If approved, it will be the largest single offshore wind farm in the world. World’s largest single offshore wind farm Ørsted’s Hornsea in the North Sea has 7.5

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Hyundai teases Ioniq 6 for the final time ahead of full unveiling

[ad_1] Hyundai has updated their Ioniq 6 dedicated website with new teaser images and promises a full unveiling tomorrow. Hyundai first revealed a YouTube teaser video on June 13th, and then released concept drawings of the Ioniq 6 last week, showing a flowing “pebble-like” shape counter to the more blocky Ioniq 5 design. Today, new

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Rolls-Royce to develop mtu hydrogen electrolyzer and invest in Hoeller Electrolyzer

[ad_1] Rolls-Royce is entering the hydrogen production market and acquiring a 54% majority stake in electrolysis stack specialist Hoeller Electrolyzer. The Hoeller technology will form the basis of a new range of mtu electrolyzer products from the Rolls-Royce Power Systems division. Hoeller Electrolyzer, based in Wismar, Germany, is an early-stage technology company that is developing

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Tesla 4680 cell: Samsung is building a pilot production line to build the new battery

[ad_1] Samsung SDI is reportedly setting up a new pilot production line to build 4680 battery cells for Tesla. It will be the third manufacturer to try to secure a volume contract to supply Tesla with the new battery cell format. Korea’s TheElec reports that the Korean manufacturing giant is preparing the new battery cell

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Haryana Electric Vehicle (EV) Policy 2022- Highlights

[ad_1] The Haryana government on June 27 approved the State Electric Vehicle (EV) Policy 2022, offering several financial incentives to Electric Vehicles manufacturers. A decision in this regard was taken in a meeting of the state cabinet held here under the chairmanship of Chief Minister Manohar Lal Khattar. The EV Policy aims to protect the

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