Tagged Green

VW CEO says ramping up EVs won’t affect profit margins

By [email protected] (Byron Hurd) Volkswagen has spent billions investing in its shift from diesel powertrains to battery-electric, but when it comes to profitability, its executives say, what’s under the hood doesn’t really matter. Thanks to the company’s new global architecture, which is electrification-friendly and flexible enough to underpin just about anything VW wants to… Read…

CATL starts construction of Li-ion factory in Germany; 14 GWh by 2022

By mmillikin China-based Li-ion battery maker Contemporary Amperex Technology Co. Limited (CATL) has begun construction of its first lithium-ion battery factory in Thuringia, a state in east-central Germany. CATL has developed partnerships with a number of European companies in the automobile industry including BMW, Volkswagen, Daimler, Volvo, and Bosch. Germany is home to a strong…

Official: Kia Soul EV delayed until 2021

By [email protected] (Aaron Cole) Kia confirmed Thursday that its next-generation all-electric Soul EV won’t arrive for the 2020 model year, but instead will be delayed until 2021. Kia spokesman Neil Dunlop confirmed the news to Green Car Reports. Dunlop said the delay was due to limited battery supply and electric motor shortages. Dunlop said the…

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