Absolute Markets Insights: global EV charging station market will grow by 29% CAGR till 2027

The Tesla Model S Plaid has been officially presented at a delivery event in Fremont today which was ended with the first 25 deliveries of the new model. Several hundred units of Model S Plaid should be produced per week to reach 1000 units per week in Q3. The vehicle is priced at $130,000. There's a version without the tri-motor powertrain that costs $80,000 and has a longer range of 412 miles. Presented as the...

11 June 2021

Volkswagen is participating with 620 million US dollars (around 500 million euros) in a financing round at its Swedish battery partner Northvolt AB, which has a total volume of 2.75 billion US dollars. This means that the company keeps its share of around 20% constant. The funds are used to expand capacity in the areas of production, recycling, and research and development. Among other things, Northvolt plans to...

9 June 2021

The limited run of 1,500 First Edition EV6s have been fully reserved the day the offer became available on Kia.com. Delivery to local dealers is expected in Q1 2022. The First Edition was offered with a choice of three gifts - an at-home vehicle charger, a 1000 kWh credit within a national charging network, or an Apple Watch for connecting to the EV6's suite of Kia Connect services. Over 81% of pre-order registrants...

9 June 2021

Several companies have initiated a "Responsible Lithium Partnership" aiming to work towards responsible natural resource management, including lithium, in Chile's Salar de Atacama. This cross-industry partnership is funded at its inception by Volkswagen Group, BASF, Daimler AG, and Fairphone. The partnership intends to foster a dialogue among local stakeholders, generating and synthesizing scientific facts and...

9 June 2021

The 2021 Kia Niro EV arrives as largely a carryover but with technology and convenience enhancements. Niro EV continues to deliver an estimated 239 miles of range on a single charge and may be eligible for state and local utility incentives, depending on the location of purchase. The 2021 Kia Niro EV packs the familiar 64 kWh battery and a 210 hp electric motor. The EX trim level costs USD 39,090 excluding the USD...

4 June 2021

he BMW iX is ready for series production and is due to arrive on the world's roads from November 2021. The BMW iX will be launched with a choice of two model variants. Both are equipped with an electric all-wheel-drive system. The 2022 BMW iX xDrive50 offers 385 kW (523 hp) and 630 km (391 mi) of WLTP range. The 2022 BMW iX xDrive40 offers 240 kW (326 hp) and 425 km (264 mi) of range. At a later date next year, the...

2 June 2021

BMW has finally released the full specifications of the BMW i4 which will make its market debut in November 2021. The first two models are the 2022 BMW i4 eDrive40 and the 2022 BMW i4 M50. Here are some highlights of their specifications. The 2022 BMW i4 eDrive40 is a Gran Coupé with five doors and five seats as per the official specifications, even though press releases refer to it as a four-door one. It offers a...

2 June 2021

BMW has just unveiled the BMW i4 M50 - the first all-electric car from its M series. It was presented in Frozen Portimao Blue with carbon fiber accents and an entirely black interior with chrome accents. The model is capable of outputting 544 hp but nothing more on the basic specs has been revealed. The interior has a big screen like the on the BMW iX and leather seats with blue stitching. At the end of the...

1 June 2021

Volkswagen teases the upcoming Volkswagen ID.5 and its stylish SUV coupé design. Even though the depicted vehicle is in camouflage, it still unveils the basic outlook of the ID.5. And here's a detailed design overview by Volkswagen. From the very first glance, the ID.5 presents itself as a progressive electric crossover, combining the strength of an SUV with the flowing silhouette of a coupé. The special thing about...

31 May 2021

Electrify America today announced a new agreement with Hyundai to provide all-electric Hyundai IONIQ 5 drivers with two years of unlimited 30-minute complimentary charging sessions from the date of purchase at Electrify America charging stations. This announcement builds on an existing agreement between the two companies - announced earlier this year - to provide 250 kWh of complimentary charging on Electrify...

24 May 2021

Two months after the world premiere of the IONIQ 5, Hyundai made the North America debut of the all-electric mid-size CUV. It is a part of Hyundai Motor Group's plan to introduce 23 BEV models and sell 1 million BEV units worldwide by 2025. IONIQ 5 goes on sale this fall with a pre-reservation program for early purchasers that offers special benefits. IONIQ 5 will initially be sold in Hyundai stores in the 10...

24 May 2021

More than three months ahead of its scheduled world premiere at the IAA Mobility 2021 in September, smart is offering a first sneak peek at the design of its new all-electric SUV show car. The smart eSUV will be the first concept from smart Automobile Co., Ltd., a joint venture founded in December 2019 between Mercedes-Benz AG and Geely Holding Group. The first of the next-generation models will be a true smart SUV...

21 May 2021

Ford is investing $22 billion in electrification through 2025 as part of its plan to lead electrification in areas of strength. The company is electrifying its most iconic products - the Mustang, F-150 and Transit - with many more to come in the years ahead. In addition to offering zero-emissions versions of its most popular vehicles, Ford is harnessing electrification to deliver more of what customers love about...

21 May 2021

The all-new 2022 Kia EV6 crossover arrives as the brand's first dedicated battery electric vehicle (BEV) in the USA and is the first of 11 EVs that will be launched in the next 5 years. Starting with the EV6, Kia's EV lineup will carry a unique naming convention. The EV designation will be followed by a number that indicates the car's position in the lineup. The E-GMP modular platform maximizes development...

19 May 2021