Volvo Cars has announced an end to the production of diesel-powered models by early 2024. In November 2022, Volvo sold its stake in Aurobay—a joint venture company that represented the last of its combustion engine assets—and ceased to invest in ICE research and development. The automaker has said its lineup will be fully electric by… Read more »
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Letter from London: Red buses, black cabs and private cars are going electric
Traveling in Europe (and nearby countries) these days is in some ways like traveling to the future. London has been an electrification leader for some years, and the streetscape this summer looks even more electric than it did on my last visit 4 years ago. I saw no evidence of the “hollowing out” of downtown… Read more »
Updated Chevrolet Bolt EV coming, using newer Ultium cells
The other shoe has dropped on GM’s decision to take its only volume EV model out of production: a revised Bolt using the new Ultium battery is coming. General Motors CEO Mary Barra said this morning an updated Chevrolet Bolt EV will come to market “on an accelerated timeline,” with new Ultium battery cells replacing… Read more »
Aston Martin to use Lucid powertrain technology for its new EVs
Aston Martin is working on a new supply agreement with the Lucid Group. Under the proposed deal, Lucid would supply Aston Martin with its current and future powertrain and battery technologies, which will be at the center of Aston Martin’s new in-house EV platform. This all-new bespoke platform will form the basis of the company’s… Read more »
Polestar 4 electric SUV coupe headed for North America in 2024
EV manufacturer Polestar (Nasdaq: PSNY) has added a second SUV to its lineup. The company says the new Polestar 4 is “positioned between Polestar 2 and Polestar 3 in terms of size and price,” and is “the fastest Polestar production car to date.” Polestar 4 will be offered in dual- and single-motor (rear-wheel drive) versions…. Read more »
How to make heavy-duty electric trucks work in practice
Fleets tested Volvo VNR Electric Class 8 tractors for three years: Here’s what they learned. Large commercial trucks and other heavy equipment have run on diesel fuel for many decades now. Requirements for more aggressive emission after-treatment and the hardware to achieve that add cost and complexity for fleet operators. Rising fuel-economy standards during the… Read more »
Korea’s SK Group acquires Signet EV, invests in Polestar
South Korean conglomerate the SK Group has entered the EVSE market by acquiring a majority stake in charger manufacturer Signet EV. SK acquired 55.5% of Signet EV’s shares for 293 billion won ($263 million). Established in 2016, Korean firm Signet EV, which sells a full line of EV charging hardware and solutions, including 350 kW… Read more »
Volvo XC40 Recharge and Polestar 2: EV cousins offer different takes on “premium”
You might not know it to look at them, but these two cars—one Swedish, one Chinese—share underpinnings and a parent company. Volvo and its Chinese parent Geely are very serious about selling cars that plug in. Starting in 2016, the Swedish brand has included plug-in hybrid versions of pretty much every new vehicle it sells… Read more »
Nidec to acquire Mitsubishi Heavy Industries Machine Tool to support EV drive manufacturing
Nidec, a producer of motor application products based on “everything that spins and moves,” plans to acquire Mitsubishi Heavy Industries Machine Tool. Nidec has been engaged in the manufacture of reduction gearboxes and pressing machines through its subsidiary Nidec-Shimpo. After completion of the acquisition, Mitsubishi Heavy Industries Machine Tool will become Nidec-Shimpo’s third main business…. Read more »
Lotus to launch pure electric SUV in 2022
The Geely brand Lotus plans to launch a luxury electric SUV in 2022. The vehicle, code-named Lambda, has been in development since 2016, and was originally planned to be a hybrid, but the growing market for EVs, especially in China, inspired the company to make it an all-electric model. According to Autocar, the new Lotus… Read more »