Daily Shorts: US renewable projects run into 3-year transformer wait, VW promises cheap EV, and more

America's power sector is grappling with a transformer shortage. US renewable energy project developers who are setting up grid-scale RE and energy storage systems say critical com...

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Lithium demand slows as EV momentum falls, but miners stay bullish

Greenbushes in Western Australia, the world's largest lithium mine. Image courtesy: IGO

Albemarle, the world's largest lithium miner and among the largest suppliers of the mineral to EV battery makers, reported lower-than-expected quarterly profit and cut its annual f...

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Daily Shorts: Portugal readies offshore wind auction, Thailand crops EV subsidy, and more

Thailand has approved a new subsidy package for the country's booming electric vehicle industry, but decreased individual subsidy amount by 33 percent, citing strong momentum in th...

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IONWAY: Umicore-PowerCo JV aims sustainable CAM, pCAM production in Europe

Graphical rendition of IONWAY's proposed CAM production facility in

Umicore and Volkswagen Group-backed battery company PowerCo have recently announced their joint venture - IONWAY - meant for large-scale industrial production of sustainable batter...

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Daily Shorts: Subaru ups EV sales target, VW eyes Leapmotor platform and more

Image: Subaru

Japan's Subaru announced it will target sales of 600,000 electric vehicles a year by 2030, or half the company's annual sales. The company also announced plans to invest $10.5 bill...

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Daily Shorts: Thyssenkrupp moves to decarbonize its steel, Iberdrola sells wind farm stake to Masdar

German industrial major Thyssenkrupp will invest around €3 billion to set up a green steel plant in Duisburg, the German government announced. Over €2 billion of that includes gove...

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SEAT investing €300 mn on EV battery cell assembly in Catalonia

Image for representation purposes only. Source: SEAT

The Volkswagen Group brand SEAT recently announced its decision to invest € 300 million towards a battery assembly plant in Martorell, Barcelona in Catalonia st...

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VW Group, Elli launch electricity trading on the European energy exchange

ngo Müller, Senior Vice President Energy Elli, Kora Töpfer, Head of German Public & Regulatory Affairs EPEX SPOT, Luisa von Lonski, Head of Energy Trading Elli. Source: The Volkswagen Group

The Volkswagen Group and its Elli brand has became the first automotive company to start trading on the German electricity market of Europe's largest power exchange, EPEX Spot...

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VW Group increases its EV deliveries by 48 pc YoY in first half this year

Image for representation purposes only. Source: Volkswagen Group

The Volkswagen Group has revealed that it has increased its deliveries of all-electric vehicles (BEVs) by 48 percent year-on-year to 321,600 vehicles in the first half of 2023. Of ...

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Lamborghini buyers can only book hybrids from now on

Lamborghini unveiled its first hybrid model, the Revuelto, in March this year. Image: Lamborghini

Lamborghini buyers can no longer buyer the conventional, internal combustion models, because those are completely sold out, the company's CEO told the German newspaper Die Welt. "O...

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Tesla chalks up more wins: Volvo signs up, VW starts talks

Tesla's charging standard has attracted carmakers such as Ford, GM and Volvo. Now, Volkswagen Group is in talks to deploy NACS connectors on its North American models. Image: Tesla

Volkswagen has confirmed the group is in talks with Tesla to adopt the latter's charging port, making it the first German carmaker to discuss the possibility. "Volkswagen Group and...

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PowerCo develops sustainable technology for battery cell production

In PowerCo 'gamechanging' technology for cell production, electrodes will be dry-coated and calendered directly.

Volkswagen's battery firm PowerCo SE claims to have developed a breakthrough technology that will significantly boost efficiency and sustainability in volume battery cell prod...

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PowerCo's largest Battery gigafactory in Canada targets 90 GWh production capacity

Volkswagen Group's battery company PowerCo SE that is building its largest gigafactory to date in St. Thomas, Ontario in Canada is aiming an annual production c...

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VW Group's PowerCo SE to build its third Battery gigafactory in Canada

The Volkswagen Group is stepping up its activities in North America in a bid to take a strong position in the important growth market for battery electric vehicles. ...

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Volkswagen Group delivered 26 percent more all-electric vehicles in 2022

The Volkswagen Group has revealed significant progress in its electric transformation in 2022. Despite supply constraints and temporary production stops, 572,100 all-electric ...

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VW-Enel X Way JV Ewiva to built high-power EV charging network in Italy

With an aim to build a high-power charging (HPC) network of 3,000 charging points across Italy, the Volkswagen Group and Enel X Way have launched their equally-owned...

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Volkswagen's Elli EV charging network reaches 400,000 points in Europe

Volkswagen AG's charging and energy brand Elli has established 400,000 EV charging points, with more than 800 providers in 27 countries, claiming to be the greatest ...

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Volkswagen Group, Xanadu establish quantum simulation program for battery materials

Volkswagen Group and Canadian quantum technology company Xanadu have established a multiyear research program to improve the performance of quantum algorithms for simulating batter...

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Volkswagen AG, Govt. of Canada explore opportunities in the EV battery supply chain

German automaker, Volkswagen AG (Volkswagen), on Tuesday (August 23) signed a Memorandum of Understanding (MoU) with the Government of Canada to promote electric mobility...

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Mahindra and Volkswagen strengthen EV auto components co-operation

Volkswagen and Mahindra and Mahindra have announced that they have expanded their cooperation and signed a term sheet under which the German carmaker will supply electric component...

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Autonomy places order for 23,000 EVs worth $1.2 billion with 17 global carmakers

Autonomy™, an electric vehicle subscription company, has announced that it has placed an order for 23,000 electric vehicles with 17 global automakers to expand and diversify its su...

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PowerCo signs collaboration agreement for Sagunto battery plant in Spain

Volkswagen Group's newly-created battery company 'PowerCo' and the Generalitat Valenciana (self-government institutions of Valencia) have signed a collaboration agreement for the d...

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VWGoA, Redwood Materials collaborate to set up US EV battery recycling supply chain

Volkswagen Group of America, Inc. (VWGoA) has announced that it has partnered with Redwood Materials, Inc. (Redwood) to create a supply chain to recycle Volkswagen and Audi electri...

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VW sets up ‘PowerCo’ battery company; to set up 40 GWh cell factory in Germany

Volkswagen Group has announced its entry into the global battery business with the launch of a new battery company 'PowerCo' and start of construction of first cell factory in Salz...

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VW, Siemens invest in Electrify America EV ultra-fast charging network in North America

The Volkswagen Group and Siemens are investing $450 million to support the ambitious growth plans of Electrify America, LLC - the largest public ultra-fast charging network for ele...

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Taniobis GmBH join HVBatCycle, VW-led battery-recycling tech research team

Taniobis GmbH and Partners have announced their alliance with the Volkswagen-led research team to advance battery-recycling technology. The HVBatCycle research consortium aims to p...

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LGES battery-powered VW EV sets Guinness World Record for driving at the highest altitude

LG Energy Solution (became a part of history today, as Rainer Zietlow, a world-record driver, set another world record with an electric vehicle powered by LGES batteries. Zietlow a...

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Volkswagen, Mahindra collaborate for MEB electric components for “Born Electric Platform”

Automobile manufacturing companies Volkswagen and Mahindra & Mahindra (M&M) have announced a partnership to explore the use of MEB (modular electric drive matrix) electric ...

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Skoda commences production of EV battery systems in Czech Republic

Skoda Auto has started manufacturing battery systems for all-electric vehicles based on the Volkswagen Group's Modular Electrification Toolkit (MEB) in Mladá Boleslav, the brand's ...

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Volkswagen Group announces 40 GWh battery Gigafactory in Spain

The Volkswagen Group and SEAT, along with other partners in the 'Future: Fast Forward project', have announced grand plans to electrify the automotive industry in Spain. Claimed as...

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