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BYD presents E-SEED GT concept car and Song Pro SUV at Auto Shanghai 2019

BYD E-SEED GT concept car

The Chinese car manufacturer also showcased e Series models e1, e2 and s2 BYD debuted its E-SEED GT concept car and Song Pro SUV at the 18th Shanghai International Automobile Industry Exhibition. BYD introduced 23 new models, including its new e-series models and its latest Dynasty series of vehicles, showcasing …

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Toyota, DENSO and SVF to invest US$1 billion in Uber ATG

Uber ATG

The investment aims to expedite the deployment of automated ride-sharing services Toyota Motor Corp., DENSO Corporation and the SoftBank Vision Fund (SVF) have announced an investment of US$1 billion in Uber’s Advanced Technologies Group (Uber ATG). Under the terms, Toyota and DENSO will together invest US$667 million and SVF will …

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Volta Energy Technologies announces additions to global energy storage investor consortium

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Volta aims to invest in technology advancements along with systems integration and charging hardware Volta Energy Technologies has announced that Equinor and Hanon Systems have joined its consortium which seeks to identify and invest in promising energy storage technologies. Both companies have made a five-year commitment to Volta as strategic …

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Ford boosts EV production capacity with Michigan site

Flat Rock Assembly Plant

Ford will invest almost US$900 million in its southeast Michigan operations through 2023 Ford has announced a new plan to increase production capacity for its next-generation battery electric vehicles (BEVs) at a second North American plant. Tied to the company’s US$11.1 billion investment in global electric vehicles, Ford is expanding …

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Utilities must invest in technology to cope with growth of renewables and EVs

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Increased EV adoption will put strain on distribution networks Distribution utilities need to adopt new technologies and new ways of thinking to slash the cost of integrating renewable energy generators, electric vehicles and other distributed energy resources (DER) into their grids, according to the latest white paper from Smarter Grid …

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Electrify America’s releases Cycle 2 national ZEV investment plan

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Electrify America will invest US$300 million over 30 months Electrify America has announced that its National Zero Emissions Vehicle (ZEV) Investment Plan for Cycle 2 is now available and that the company will start executing on the plan this year. Cycle 2 is a 30-month investment period that begins in …

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