Tag: automotive industry

26th March 2020 | Silverstone

Japan’s Toray to manufacture battery components in Europe

Japanese materials company Toray has announced plans to open a facility for manufacturing battery separator films for use in lithium-ion batteries. The factory is expected to begin operations in July 2021 and will increase Toray’s production material for the component by around 20%. Toray Industries, Inc. has announced plans to open a new factory in…
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17th July 2019 0

Jaguar Land Rover get £500M Government Loan Guarantee for ELECTRIC car production

Jaguar Land Rover has secured a £500 million UK Government loan guarantee to support the design and manufacture of electric cars at Castle Bromwich. It’s no secret that Jaguar Land Rover has been struggling somewhat of late, with big drops in sales in China, buyers eschewing diesel-engined cars – the vast majority of JLR’s sales…
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16th July 2019 0

LG Chem aims to quintuple EV battery biz by 2024

LG Chem will try to quintuple its electric vehicle battery business by 2024, the company’s CEO said on July 9. CEO Shin Hak-cheol said the company is targeting 59 trillion won ($49.9 billion) in sales by 2024, with 31 trillion won coming from its battery business. Last year, the company’s battery sector accounted for only…
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12th July 2019 0

Jaguar Land Rover will build electric cars at UK factory

Jaguar Land Rover is expected to announce plans on Friday to build full-electric cars at its Castle Bromwich factory in England, the Sunday Times reported. An all-electric version of the XJ sedan replacement will be the first of three new battery-powered vehicles followed by an SUV, the newspaper said. The investment will help to secure…
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4th July 2019 0

Europe Thinks Like China in Building Its Own Battery Industry

The European Union is starting to act like China when it comes to building the batteries that will drive the next generation of cars and trucks. In the past few months, government officials led by European Commission Vice President Maros Sefcovic have joined with manufacturers, development banks and commercial lenders on measures that will channel…
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3rd July 2019 0

First of more than 100 solar-powered electric forecourts planned for Essex

It is part of GRIDSERVE’s £1bn UK-wide programme to make EV charging ‘as easy as using petrol stations’ he first of more than 100 electric forecourts powered by solar panels to be built in the UK has been announced for Braintree in Essex. The news follows GRIDSERVE’s previous commitment for a £1 billion UK-wide programme…
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26th June 2019 0

Nissan serves up electric ice cream van

Japan-based automaker Nissan has released a prototype of a zero-emission ice cream van based on its own electric van. Ice-cream vans have been singled out as being responsible for a lot of air pollution, on account of mostly running on diesel engines and having to keep the engine idling throughout the day, both for the…
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25th June 2019 0

Volkswagen invests €900m in Swedish battery maker

Volkswagen AG has announced a €900 million ($1.467 billion) investment into an electric vehicle battery joint venture with Swedish firm Northvolt AB. According to VW, part of the above sum “is intended for a joint venture” with the battery producer, while a further portion of the investment will go directly to Northvolt in return for…
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17th June 2019 0

Lime and Uber fight over London with rival electric bike schemes

Lime could expand its electric bike hire scheme outside London, the company has said as competition hots up in the growing market in the capital. The US-based tech startup launched Lime-E, the capital’s first fleet of electric-assisted bikes hired through an app, in 2018 but Uber unveiled its similar Jump scheme last month. Uber, which…
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14th June 2019 0

Audi E-tron recalled for battery seal, potential “thermal event”

Audi confirmed Monday that it is recalling 1,644 E-tron electric SUVs, including 544 vehicles that have been delivered to customers, due to an issue with the battery pack’s seal that it says could lead to “a short circuit or thermal event.” Audi is not aware of any such shorts or thermal events, it says, insisting…
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13th June 2019 0