Automotive powerhouses Mercedes-Benz and Geely have formally established the global joint venture “smart Automobile Co., Ltd.” for the smart brand. Each company will contribute 2.7 billion RMB in capital. The new JV, headquartered in Hangzhou Bay, China, will design the new vehicles using the Mercedes-Benz Design network, while Geely Holding will be responsible for development… Read more »
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IONITY buys 324 chargers from ABB
European charging network IONITY, a joint venture of BMW, Daimler, Ford, VW, Audi and Porsche, has purchased 324 new 350 kW chargers from Swiss electronics giant ABB. Purchased as part of the second phase of IONITY’s European network expansion, the chargers are scheduled to be installed in 24 countries by the end of 2020. IONITY… Read more »
Pricing announced for new electric Mini Cooper SE
In July, when Mini revealed specs for its new electric Mini Cooper SE, some hailed it as the savior of parent BMW, which has been losing market share to rivals such as Daimler (and Tesla) while sales of electrified BMWs and Minis has grown. Others in the EV press were skeptical of the new EV’s… Read more »
Volkswagen CEO: electrification won’t hurt profit margins
Volkswagen, which has unveiled the most ambitious electrification plans of any of the legacy automakers, does not believe the transition to EVs will hurt its profit margins, CEO Herbert Diess said in an interview with la Repubblica (via Reuters). “We do not expect a deterioration in margins. Our advantage is that all our brands have… Read more »
Unions fear electrification will vaporize their jobs
As the legacy automakers finally begin to get serious about electrification, it’s becoming increasingly clear that the accelerating transition will result in a major restructuring of the industry, which seems likely to include substantial job losses. As a recent Bloomberg article reports, fear of the electric future is an underlying reason for the United Auto… Read more »
Kia and Hyundai invest in IONITY, plan to bump up EV systems to 800 volts
Kia and Hyundai have announced investments in IONITY, the European charging network established by BMW, Ford, Daimler, and VW. Hyundai Motor Group, which includes both Kia and Hyundai, will obtain equal shares in IONITY as those of founding partners. Starting in 2021, Kia and Hyundai will equip EVs with 800-volt charging systems to accommodate IONITY’s… Read more »
Bosch reports €13 billion in electromobility orders
Since the beginning of 2018, Bosch has won electromobility-related orders worth roughly €13 billion, including production projects for electric powertrains for passenger cars and light trucks. The company is fast-tracking electrification, as well as developing higher-efficiency ICEs and investing in fuel cells, automated driving and technology for mobility services. At the beginning of 2019, Bosch… Read more »
IONITY unveils new 350 kW Tritium fast charger
IONITY, a joint venture among Daimler, Ford, BMW, and VW that is building a fast charging network throughout Europe, has unveiled its next generation charger – the Halo – which it designed in collaboration with fast charger manufacturer Tritium. These next-gen chargers are capable of 350 kW DC charging, and can add 350 km (220… Read more »
Mercedes-Benz launches three compact PHEVs
Mercedes-Benz has announced three compact plug-in hybrids under the company’s EQ Power label. The A 250 e, A 250 e Saloon, and B 250 e will each feature a 15.6 kWh battery, electric range of 70-75 km, electric output of 75 kW, total system output of 160 kW, and system torque of 450 Nm. Each… Read more »
Read past issues of Charged – Electric Vehicles Magazine
Issue 68: April-June 2024 Featuring: Issue 67: January-March 2024 Featuring: Issue 66: October-December 2023 Featuring: Issue 65: July-Sep 2023 Featuring: Issue 64: April-June 2023 Featuring: Issue 63: January-March 2023 Featuring: Issue 62: October-December 2022 Featuring: Issue 61: July-September 2022 Featuring: Issue 60: April-June 2022 Featuring: Issue 59: January-March 2022 Featuring: Issue 58 – November/December 2021… Read more »