Tesla & Panasonic end partnership on solar cells production

On Wednesday, Japanese news daily the Nikkei reported that Tesla and Panasonic are ending their partnership to produce solar cells following the Japanese electronics company ramping up efforts to divest unprofitable businesses. The development comes in the wake of Tesla diversifying away from Panasonic as its sole battery supplier for electronic vehicles after it brought…

Tata Group launches electric vehicle (EV) ecosystem in India

India’s steel-to-autos conglomerate Tata Group, is making a big effort towards clean vehicles; it plans on producing electric cars and batteries, build recycling plants and set up charging stations around the country, said senior executives said on Tuesday. They went on to add, more than half a dozen companies, including Tata Chemicals, Tata Motors, Tata…

Tesla’s alleged unintended acceleration petition filed by short seller

In a statement, Tesla Inc responded to the National Highway Traffic Safety Administration (NHTSA) statement saying there was no unintended acceleration in its vehicles. The development comes in the wake of the U.S. regulator saying it would review a petition and release a redacted version of a complaint which alleged that 500,000 “Tesla vehicles experience…

Hyundai Group and Kia Motors invest $110M in London-based electric van startup Arrival Ltd

On Thursday, in a joint statement, South Korea’s Hyundai Group and its sister firm Kia Motors Corp stated, they are backing a UK electric vehicle startup that plans on selling battery-powered delivery vans in 2021. They plan on investing $110 million (100 million euros) in Uk-based Arrival Ltd. Founded in 2015, London-based Arrival has developed…

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China’s Geely and Mercedes Benz launch $780M joint venture to produce EV under same brand

On Wednesday, Mercedes-Benz and Zhejiang Geely Holding Group Co Ltd stated, they would each invest $388.77 million (2.7 billion yuan) in a China-based venture to build “premium and intelligent electrified” vehicles under the smart brand. The 50:50 joint venture has already got regulatory approval and will be based in the Chinese coastal city of Ningbo,…

Volkswagen boosts electric vehicle production forecast for 2025

European carmaker Volkswagen electric vehicle strategy is playing itself out, with the carmaker’s electric offensive picking up speed, as planned. In September 2019, VW unveiled its new all-electric ID.3 and in November production commenced at its Zwickau electric vehicle plant. With this major milestone under its belt, the Volkswagen brand is set to play a…

Renaul-Nissan-Mitsubishi reboots alliance eyeing emerging electric vehicle market

Renault, Nissan and Mitsubishi plan on appointing a general secretary at the helm of their alliance in order to reboot the partnership and boost operations. Renault is in the process of repairing its relationship with its Japanese partners following allegations of financial misconduct its earlier chairman. “This alliance executive will be key for coordinating and…

China’s biggest lead producer Henan Yuguang Gold and Lead eyeing battery production

In a strategic move Henan Yuguang Gold and Lead is studying plans on setting up a lead-acid battery production line as part of a downstream expansion. Company officials from Henan Yuguang Gold and Lead, China’s largest lead producer stated, the company plans on setting up a lead-acid battery production line as part of a downstream…

Shell launches EV charging stations in Singapore

This is the first such development in Southeast Asia. Clean energy solutions have finally arrived. On Monday, in a first such development in Southeast Asia, Royal Dutch Shell stated, it has launched electric vehicle chargers at petrol stations in Singapore. The electric vehicle charging service, branded as ‘Shell Recharge’, will be available at ten Shell…