The US state of Washington is likely to lose its EV tax incentive some time over the summer after lawmakers’ bids to prolong it failed Washington state is likely to end its sales tax exemption for buyers of electric vehicles soon. The break currently ends once 7,500 EVs have been …
Read More »BMW sees electric future
BMW has reaffirmed its commitment to electric vehicles. “Our future is definitely electric,” said BMW CEO Harald Krüger at the company’s Annual Accounts Press Conference 2018 on March 21. “With our electric vehicles and plug-in hybrid models, we are already the clear number one in Europe. Efficient Dynamics and our …
Read More »China introduces policies to support and grow green travel
China is expected to roll out policies in support of electric and hybrid cars later this year. Authorities hope this will boost their hold on the market and help crackdown on air pollution in cities. To push buyers towards green travel, China will continue to waiver purchase taxes on new …
Read More »Ford to spend $11b on hybrids and EVs
Ford moots plans to up its spending on hybrid and battery-electric vehicles (BEVs) alongside an intuitive product and infrastructure experience for its users Ford has announced further details to its recently re-vamped ‘Team Edison‘ plan after revealing changes to ex-CEO, Mark Fields’ 2017 presentation. Fields discussed a budget of US$4.5 billion (set …
Read More »Daimler to build battery and EV factory in Thailand
Mercedes-Benz Cars to invest in battery production facility in Thailand, under a partnership with TAAP Daimler’s Mercedes-Benz Cars will spend 100 million euros (US$123 million) by 2020 on a lithium-ion battery factory in Thailand to better access the fast-growing Asia region. The German company is partnering with Automotive Assembly …
Read More »Philippe Starck designs power dock for Bentley’s Bentayga Hybrid
Bentley collaborates with designer Philippe Starck on a recharging unit concept for the Bentayga Hybrid As EVs enter the mainstream, accessories and ancillary services like charging infrastructure and home batteries offer new opportunities for automakers to make some add-on sales. For luxury carmakers, the gains can be even greater. Most …
Read More »20i8: BMW’s electric coupe updated
New i8 Coupe and limited edition i8 Roadster due this year, as BMW looks to reach 500,000 EVs sold by the end of 2019 BMW has opened strong at the North American International Auto Show in Detroit, celebrating progress in its push for greater electrification. CEO of BMW North America …
Read More »VW subsidiary to install 2,800 charging stations across US
A unit of Volkswagen AG has announced that it will install 2,800 non-proprietary electric vehicle charging stations at about 500 sites in 17 of the largest American US cities within the next 18 months. The subsidiary of the German automaker, Electrify America, said that about 75% of them will be …
Read More »China to halt subsidies for EVs, PHEVs
China will inform its local governments to stop offering subsidies for electric vehicles and plug-in hybrids, people said to be familiar with the matter have told Bloomberg. The move is intended to decrease government spending. Specifically, China’s Ministry of Finance is developing a plan to require local government to phase …
Read More »Toyota Tsusho invests in vehicle-to-grid (V2G) start-up
Toyota Tsusho has announced that it has invested and participated in U.S. based start-up company Nuvve Corporation, a world leading Vehicle-to-Grid (V2G) service provider. The investment was made through Toyota Tsusho’s Next Technology Fund established in April 2017. A board member of Nuvve will be appointed from Toyota Tsusho in …
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