GM has confirmed that it will sell its European Opel division to PSA Peugeot Citroën, for 2.2 billion euros ($2.33 billion). GM has controlled Opel for more than 90 years, but it has lost almost $20 billion over the past two decades. Currency fluctuations due to Brexit contributed to a $257 million loss in 2016,… Read more »
Search Results Found For: "NIO"
Navigant Research analyzes how transition to shared vehicles will effect energy markets
By Scott Shepard, Senior Research Analyst at Navigant Research’s Transportation Efficiencies program Smartphones have really changed the way things get done, and the continuous and sometimes overwhelming revolutions enabled by our hand-held devices are only just beginning. The transformations still to come include the basic process by which people and things are moved. The addition… Read more »
New LEAF coming in September, existing lessees will get a deal
With new 200-mile EVs from GM and Tesla making headlines, the EV world has been anxiously awaiting word of how Nissan, maker of the world’s all-time best-selling pure EV, would respond. Now at least we have a date. “Nissan USA’s all-new Nissan LEAF will be globally revealed in Sept. & go on sale before the… Read more »
Norwegian Electric Systems to provide hybrid electric systems for three new ferries
Norwegian Electric Systems (NES) will deliver plug-in hybrid electric systems for three new ferries to be designed by Multi Maritime and built by Havyard Ship Technology. Each ferry has a capacity of 50 cars and 199 persons. Two will operate on the route between Brekstad and Valset, and one between Sandvikvåg and Husavik. The first… Read more »
UPS tests drone launched from EV for last-mile delivery
We may not have flying cars, but we could have flying packages very soon. In a recent test in a suburb of Tampa, UPS used a drone, launched from the top of an EV, to autonomously deliver a package and return to the vehicle, while the delivery driver continued along the route to make a… Read more »
St Petersburg, Florida to deploy two BYD electric buses
Charged’s hometown of St Petersburg has become the second city in Florida to begin electrifying its bus fleet (Tallahassee’s StarMetro operates five Proterra e-buses). After two years of deliberation, the Pinellas Suncoast Transit Authority (PSTA), which serves the St Pete/Clearwater metro area, has decided to buy two BYD electric buses. The e-buses will serve Beach Drive,… Read more »
Volvo to introduce 3-cylinder PHEV in 2018, BEVs in 2019
Volvo will introduce a new variant of its Twin Engine plug-in hybrid system in 2018, featuring front-wheel drive and a 3-cylinder engine. In 2019 it will launch its first production battery-electric vehicles and a new 48 V mild hybrid system. This news comes from Mats Anderson, Senior Director of Electric Propulsion Systems, who spoke to… Read more »
PG&E PHEV will help keep the lights on during power outages
Pacific Gas and Electric Company and Efficient Drivetrains Incorporated (EDI) have unveiled a new Class 6 PHEV utility truck with exportable power capacity that can be used to manage both planned and unplanned outages. The plug-in hybrid drivetrain offers an electric range of 50 miles, and reduces emissions by 80 percent compared to legacy vehicles…. Read more »
GKN Driveline supplies eTransmission for StreetScooter electric vans
GKN Driveline is supplying its electric drive technology to StreetScooter, the electric vehicle company owned by the German postal service, Deutsche Post DHL. The service intends to deploy 2,000 StreetScooter vehicles in its urban delivery fleet by the end of the year as part of its ultimate objective of converting its entire delivery fleet to… Read more »
Facing liquidity problems, Faraday Future scales back its EV lineup
Faraday Future is scaling back its ambitions, according to Reuters, cutting its planned product portfolio from seven EVs to two, and also reducing the size of its factory in Nevada to 650,000 square feet, less than a third of its original planned footprint. When the company announced plans for its assembly facility in 2015, it… Read more »