Volkswagen electric car plans pick up pace with battery deal and model launches
5 years, 4 months ago

Volkswagen electric car plans pick up pace with battery deal and model launches

CNN  

London CNN Business — Volkswagen is picking up the pace in its bid to dominate the auto industry’s electric future. The German company said production of lithium-ion batteries would begin in late 2023 or early 2024, a move that will be vital to Volkswagen’s ability to mount what it calls “the largest electric offensive in the automotive industry worldwide.” The group plans to launch almost 70 new electric models in the next decade,and hopes to build 22 million electric cars over this period. Volkswagen also confirmed that production of the new ID.3 electric car series would begin this November, with the first models delivered to customers next year. A new production plant Alongside investing in battery production, Volkswagen is pouring €1.2 billion into overhauling its Zwickau vehicle plant, which formerly produced internal combustion engines, so that it can make electric cars. By 2021, the plant is expected to produce 330,000 vehicles per year, making it Europe’s “largest and most efficient electric vehicle plant,” according to Volkswagen.

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History of this topic

Beyond Northvolt bankruptcy, a story of the West struggling China tightening its grip on EV, clean tech markets
1 month, 1 week ago

Beyond Northvolt bankruptcy, a story of the West struggling China tightening its grip on EV, clean tech markets

Firstpost  

Northvolt’s story isn’t just about the big bucks of its big backers. It has doled out some important lessons about what’s wrong with current strategies Western nations are using to compete with China in the electric vehicle supply chain Swedish company Northvolt's bankruptcy is a cautionary tale for the West as it tries to compete with China in the EV …

Northvolt goes from Europe battery promise to crisis
1 month, 2 weeks ago

Northvolt goes from Europe battery promise to crisis

Live Mint  

STOCKHOLM, Nov 22 - Sweden's Northvolt said on Thursday it will seek U.S. Chapter 11 bankruptcy protection as the cash-strapped battery start-up seeks to sort out its finances. The group in 2017 announces plans to build $4 billion lithium-ion battery gigafactory Northvolt Ett and research facility Northvolt Labs. Later that year the group raises $2.75 billion in equity to finance …

The wheels have come off Britain’s car industry – here’s how to get it back on the road
4 months ago

The wheels have come off Britain’s car industry – here’s how to get it back on the road

The Independent  

Ask anyone involved in the British motor industry or the car trade what their biggest challenges have been over the past few years and for most, three words will immediately come to mind: Brexit. As Nowak points out, the “reset” could “ease pressures on supply chains, which is really important in sectors like automotive and aerospace … Because nobody builds …

For Volkswagen, the bumpy road to electric vehicles starts to hit home
4 months ago

For Volkswagen, the bumpy road to electric vehicles starts to hit home

Live Mint  

Volkswagen’s suggestion that it might have to close a plant in Germany for the first time ever sets up a battle with its powerful union and highlights the mounting pressures on its namesake brand. The company said a “performance program" at its core Volkswagen brand that was agreed upon with union leaders last December would no longer be sufficient to …

China's new-energy sector draws interest of global investors
7 months, 2 weeks ago

China's new-energy sector draws interest of global investors

China Daily  

Tesla showcases its charging piles and electric vehicles at the 2023 Consumer Technology and Innovation Show on May 30 in Shanghai. Experts said China's fast-growing green technologies and its thriving new-energy market have heightened the country's magnetism for foreign investors, particularly auto firms keen on turbocharging the electrification trend. "The influx of investments by international carmakers has shed light on …

Japanese automaker Honda revs up on EVs, aiming for lucrative US, China markets
7 months, 3 weeks ago

Japanese automaker Honda revs up on EVs, aiming for lucrative US, China markets

Associated Press  

TOKYO — Japanese automaker Honda reaffirmed its commitment to electric vehicles Thursday, saying it will invest 10 trillion yen through fiscal 2031 to deliver EV models around the world, including the U.S. and China. The so-called “0 Series,” a key part of Honda’s EV strategy, will be a totally new EV series created from “zero,” Chief Executive Toshihiro Mibe told …

VW partners with Xpeng to develop EV architecture
8 months, 3 weeks ago

VW partners with Xpeng to develop EV architecture

China Daily  

Volkswagen AG showcases its EV technology at the China International Import Expo in November 2023. Volkswagen AG said on Wednesday it is codeveloping an electrical/electronic architecture with Chinese startup Xpeng in an effort to improve its competitive edge in China's heated EV market. Currently, China's popular new energy vehicle models come from primarily local Chinese marques, including BYD as well …

Mahindra to Use Volkswagen Electric Components and Battery Cells, Details Inside
10 months, 3 weeks ago

Mahindra to Use Volkswagen Electric Components and Battery Cells, Details Inside

News 18  

Volkswagen and Mahindra & Mahindra Ltd have signed a supply agreement on the use of key electric components of the German carmaker’s open platform for electric vehicles, the companies said in a statement. Mahindra plans to use certain platform components, as well as Volkswagen’s unified battery cell, for its own electric platform, called INGLO, the companies said. The Indian company …

VW unveils ambitious product plan to stay atop in the country
11 months, 1 week ago

VW unveils ambitious product plan to stay atop in the country

China Daily  

Volkswagen AG showcases its EV technology at the China International Import Expo in November 2023. Volkswagen will expedite product introduction in China with more than 30 electric models by 2030 and 30 locally produced fuel-powered and plug-in hybrid models by 2027, aiming to stay as the No 1 international automaker in the world's largest auto market. The group said that …

Global Battery Race Heats Up With Billions for Europe’s Northvolt
11 months, 3 weeks ago

Global Battery Race Heats Up With Billions for Europe’s Northvolt

Live Mint  

One of the world’s most valuable battery startups is raising $3.4 billion in debt from the European Union and a group of banks including JPMorgan Chase, accelerating a race to build more batteries outside China and take advantage of a tidal wave of clean-energy subsidies. The European Union’s investment bank has now contributed close to $1 billion toward Northvolt’s Sweden …

Nissan will invest $1.4 billion to make EV versions of its best-selling cars at its UK factory
1 year, 1 month ago

Nissan will invest $1.4 billion to make EV versions of its best-selling cars at its UK factory

Associated Press  

LONDON — Nissan will invest $1.4 billion to update its factory in northeast England to make electric versions of its two best-selling cars, a boost for the British government as it tries to revive the country’s ailing economy. “Nissan’s investment is a massive vote of confidence in the U.K.’s automotive industry,” which contributes 71 billion pounds a year to the …

Volkswagen sees sales slump in China, vows rebound this year
1 year, 8 months ago

Volkswagen sees sales slump in China, vows rebound this year

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. After-tax profit fell to 4.7 billion euros from 6.7 …

Volkswagen unveils electric luxury sedan at China auto show
1 year, 8 months ago

Volkswagen unveils electric luxury sedan at China auto show

Associated Press  

SHANGHAI — Volkswagen unveiled an electric luxury sedan that promises a 700-kilometer battery range as global and Chinese automakers displayed their latest SUVs, sedans and muscle cars at the world’s biggest auto show Tuesday. China is “playing a leading role in the industry’s electric and digital transformation,” said Ford Motor Co. CEO Jim Farley in a recorded message played on …

Volkswagen debuts electric sedan for luxury lovers at Auto Shanghai 2023 show
1 year, 8 months ago

Volkswagen debuts electric sedan for luxury lovers at Auto Shanghai 2023 show

Hindustan Times  

Volkswagen unveiled an electric luxury sedan that promises a 700-kilometer battery range as global and Chinese automakers showed their latest SUVs, sedans and muscle cars on Tuesday at the world's biggest auto show. Auto Shanghai 2023 reflects the intense competition in China's fast-growing electric vehicle market after the ruling Communist Party poured billions of dollars into promoting the technology. China …

Volkswagen unveils electric luxury sedan at China auto show
1 year, 8 months ago

Volkswagen unveils electric luxury sedan at China auto show

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Volkswagen unveiled an electric luxury …

First look at VW's 'affordable' ID.2 electric car for 2026
1 year, 9 months ago

First look at VW's 'affordable' ID.2 electric car for 2026

Daily Mail  

With expensive upfront prices one of the major stumbling blocks preventing motorists switching to electric cars, Volkswagen has given the world a glimpse of what an 'affordable' battery-powered supermini will look like within three years. Volkswagen has previewed its forthcoming ID.2 supermini aimed at lowering the price bracket for EVs - but it's still going to be relatively pricey for …

Volkswagen boss leads way for auto execs to catch up on industry trends
1 year, 11 months ago

Volkswagen boss leads way for auto execs to catch up on industry trends

China Daily  

Volkswagen showcases its all-electric ID. Volkswagen's China sales slipped 3.6 percent to 3.18 million units in 2022, but they accounted for 38 percent of its deliveries worldwide. The group's new energy vehicle sales in China were 206,500 units, making up around just 3 percent of the country's NEV market segment, much lower than its 15 percent share in the overall …

It’s Ford now! Automaker to cut 3,200 EU jobs, union says, vowing to fight
1 year, 11 months ago

It’s Ford now! Automaker to cut 3,200 EU jobs, union says, vowing to fight

Live Mint  

Ford Motor Co plans to cut up to 3,200 jobs across Europe and move some product development work to the United States, Germany's IG Metall union said on Monday, vowing action that would disrupt the carmaker across the continent if the cuts go ahead. Workers at the U.S. carmaker's Cologne site, which employs about 14,000 people - including 3,800 at …

Volkswagen previews its ID.7 electric saloon with a range of 435 miles
2 years ago

Volkswagen previews its ID.7 electric saloon with a range of 435 miles

Daily Mail  

It offers 60 miles more driving on a full charge than Tesla's Model 3 Long Range Preview model shown at CES in Las Vegas is a prototype with camouflage paint Volkswagen has given a first glimpse of its forthcoming electric family saloon model - the ID.7 - which will go head-to-head with Tesla's Model 3 when it goes on sale …

BMW investing $1.7B in S Carolina as automaker shifts to EVs
2 years, 2 months ago

BMW investing $1.7B in S Carolina as automaker shifts to EVs

Associated Press  

GREER, S.C. — BMW will invest $1 billion in its sprawling factory near Spartanburg, South Carolina, to start producing electric vehicles and an additional $700 million to build a electric-battery plant nearby. “We are anticipating the growing demand for electric vehicles not only in the United States but around the world,” Oliver Zipse, the company chairman, said Wednesday at the …

Tesla beats Volkswagen in battery-electric vehicle in Germany
2 years, 2 months ago

Tesla beats Volkswagen in battery-electric vehicle in Germany

The Hindu  

Tesla topped registrations of battery-electric vehicles in Germany in the first nine months of this year at nearly 38,500, federal data showed, beating the Volkswagen brand by around 6,000 vehicles. Only Audi and Seat saw an increase in the number of battery-electric cars registered in Germany among Volkswagen Group brands, the data from the federal motor transport authority showed. Globally, …

Volkswagen targeting 20-30% automation at new electric vehicle plant
2 years, 2 months ago

Volkswagen targeting 20-30% automation at new electric vehicle plant

The Hindu  

Volkswagen is looking at automating 20-30% of production at its upcoming Trinity plant near its Wolfsburg headquarters, the plant's chief production officer said on Tuesday. The Trinity plant, where the German carmaker will build a new flagship electric sedan, is due to begin pre-series production in 2025, with the official start of production in 2026. The key to automating more …

VW predicted to overtake Tesla to become biggest electric car brand in 2024
2 years, 6 months ago

VW predicted to overtake Tesla to become biggest electric car brand in 2024

Daily Mail  

Tesla will hold onto its global electric vehicle sales crown for another 18 months before being overtaken at the top of the charts by German automotive giant Volkswagen, according to a new industry report. It says the Wolfsburg-based brand is on track to overtake Tesla's electric car volume in 2024 with global demand for battery-powered cars set to more than …

Full Throttle: Honda to Invest $40 Billion in EV Development, Plans Launching 30 Models by 2030
2 years, 8 months ago

Full Throttle: Honda to Invest $40 Billion in EV Development, Plans Launching 30 Models by 2030

News 18  

Honda Motor Co. aims to invest $40 billion over the next decade in its push into electric vehicles, as the Japanese carmaker with the most aggressive EV goals prepares to back up its bold move into next-generation automobiles with real plans. By 2030, according to Japan’s second-largest automaker, 30 electric car types would be available, with a production volume of …

Bentley to Roll Out One Electric Car Every Year for Five Years from 2025
2 years, 9 months ago

Bentley to Roll Out One Electric Car Every Year for Five Years from 2025

News 18  

Luxury carmaker Bentley unveiled plans on Tuesday to build a new electric model annually for five years from 2025 after its annual profit skyrocketed, as the British firm builds on parent Volkswagen’s push to broaden electric offerings. Crewe, England-based Bentley posted a profit of 389 million euros for 2021, compared with a profit of 20 million euros in the previous …

Tesla Leads As Global EV Sales Increases 109% in 2021: Report
2 years, 10 months ago

Tesla Leads As Global EV Sales Increases 109% in 2021: Report

ABP News  

New Delhi: Nearly 6.5 million electric vehicles -- including fully electric and plug-in hybrid passenger cars -- were sold worldwide in 2021, up 109 per cent from 2020, with Tesla leading the global EV marketa with 14 per cent share, a new report showed on Monday. The total global car market grew just 4 per cent in 2021 as it …

Renault, Nissan to Invest $26 Billion in Future Electric Vehicles; Unveils EV-Based Platform
2 years, 11 months ago

Renault, Nissan to Invest $26 Billion in Future Electric Vehicles; Unveils EV-Based Platform

News 18  

The French-Japanese auto alliance of Renault and Nissan plans to invest 23 billion euros in electric vehicle technology over the next five years, the companies said Thursday. The alliance, which also includes smaller Japanese automaker Mitsubishi Motors Corp., will share research, auto parts and technology to bring down costs and produce 35 new electric vehicle models by 2030, aiming at …

Tesla sees big jump in third quarter car production
3 years, 3 months ago

Tesla sees big jump in third quarter car production

CNN  

New York, NY CNN — Tesla said Saturday that it produced 237,823 vehicles in its third quarter and delivered 241,300, more than double the number of vehicles for the same period a year ago. “Taking a step back, with the chip shortage a major overhang on the auto space and logistical issues globally, these delivery numbers were ‘eye popping’ and …

Middle-class cars crucial to China's NEV market, say executives
3 years, 5 months ago

Middle-class cars crucial to China's NEV market, say executives

China Daily  

Visitors try out a WM EX5 SUV at a dealership in Beijing in July 2021. China's electric car market is growing fast, but a closer look reveals that it is mainly powered by cheap mini-sized cars of domestic brands and nice but pricey ones from Tesla and the like. The pattern is going to change in the coming decade, with …

This is Europe’s plan to crush China’s battery power
3 years, 6 months ago

This is Europe’s plan to crush China’s battery power

Wired  

You can tell a lot about a company’s expected prospects by the kind of investor it attracts. Bo Normark, industrial strategy executive at EU innovation organisation EIT InnoEnergy, says attracting so many long-term investors is “very significant” for Northvolt as pension schemes typically put their cash into safe investments with a good chance of making solid, dependable returns. It is …

Vauxhall owner to invest $138M in UK to make electric cars
3 years, 6 months ago

Vauxhall owner to invest $138M in UK to make electric cars

Associated Press  

LONDON — Vauxhall’s parent company announced Tuesday that it will invest 100 million pounds to make electric vans and cars at its factory in northwestern England. Stellantis said the investment will see Vauxhall’s Ellesmere Port plant in Cheshire, near Liverpool, producing electric vehicles for other brands under Stellantis including Peugeot, Citroen and Opel. Vauxhall was believed to have been seeking …

Volkswagen will phase out internal combustion engine vehicles in Europe by 2035
3 years, 6 months ago

Volkswagen will phase out internal combustion engine vehicles in Europe by 2035

Firstpost  

With ICE vehicles on their way out, Volkswagen is aiming for EVs to account for 70 percent of its European sales by 2030. Volkswagen said Sunday it plans to stop producing cars with internal combustion engines in Europe for its eponymous flagship brand between 2033 and 2035, as the Germany auto giant accelerates its drive towards electric vehicles. Carmakers around …

Nissan to unveil plans for Britain's first electric car battery gigafactory
3 years, 6 months ago

Nissan to unveil plans for Britain's first electric car battery gigafactory

The Telegraph  

Nissan's Sunderland plant has about 6,000 staff and supports almost 30,000 jobs in its supply chain. Professor David Bailey, an automotive industry expert at Birmingham University, said: “This is a huge boost for the UK automotive industry, guaranteeing Nissan’s presence in the UK and its supply chain for at least the medium term.” Richard Perberdy, head of automotive at KPMG, …

Audi to Give Up ICE, Focus on Becoming Complete Electric Brand by 2033: CEO
3 years, 6 months ago

Audi to Give Up ICE, Focus on Becoming Complete Electric Brand by 2033: CEO

News 18  

German luxury carmaker Audi said Tuesday it will stop manufacturing diesel and petrol cars by 2033 as part of an industry-wide pivot towards more environmentally friendly electric cars. Starting in 2026, Audi plans to only launch new all-electric car models, while “gradually phasing out" production of internal combustion engines until 2033. Duesmann also said Audi would keep working to improve …

Volvo XC60 successor will be first EV to use batteries co-developed by Volvo and Northvolt
3 years, 6 months ago

Volvo XC60 successor will be first EV to use batteries co-developed by Volvo and Northvolt

Firstpost  

Production at Volvo and Northvolt’s gigafactory with potential capacity of 50 GWh per year expected to start in 2026. Volvo and Sweden’s Northvolt have joined forces to build a new battery factory in Europe as the automaker aims to sell only fully electric cars by 2030, the companies announced. Swedish automaker Volvo and the battery start-up said that, through a …

Volkswagen to Build At Least 6 Gigafactories in Europe by 2030, to Overtake Tesla in the Region
3 years, 9 months ago

Volkswagen to Build At Least 6 Gigafactories in Europe by 2030, to Overtake Tesla in the Region

News 18  

Volkswagen plans to build half a dozen battery cell plants in Europe and expand infrastructure for charging electric vehicles globally, accelerating efforts to overtake Tesla and speed up mass adoption of battery-powered cars. While the first two factories are already reflected in Volkswagen’s financial planning, the group is currently in “deep discussions" about how the subsequent plants fitted with financial …

Tesla: Volkswagen could soon steal the electric car crown
3 years, 9 months ago

Tesla: Volkswagen could soon steal the electric car crown

CNN  

London CNN Business — Tesla knows all about how to disrupt an industry. After years as the undisputed king of the electric car, Tesla could be matched sale for sale by Volkswagen as early as 2022, according to analysts at UBS, who predict that Europe’s biggest carmaker will go on to sell 300,000 morebattery electric vehicles than Tesla in 2025. …

Volkswagen is going huge in batteries to slash the price of electric cars
3 years, 9 months ago

Volkswagen is going huge in batteries to slash the price of electric cars

CNN  

London CNN Business — Volkswagen has unveiled a massive expansion of battery production as it seeks to gain an edge in the electric car race. Volkswagen is also adding a huge number of new electric vehicle charging points to networks across Europe, the United States and China, the company announced at an event on Monday. “The one size fits almost …

Ford to spend $1B to switch German factory to electric cars
3 years, 10 months ago

Ford to spend $1B to switch German factory to electric cars

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Ford says it will spend …

General Motors Aims to Become Carbon Neutral by 2040, Replace Fleet With Emission-Free Cars
3 years, 11 months ago

General Motors Aims to Become Carbon Neutral by 2040, Replace Fleet With Emission-Free Cars

News 18  

General Motors has announced that it aims to make most of its cars and trucks emissions-free by 2035, as part of a wider campaign by the American auto giant to go carbon neutral. “General Motors is joining governments and companies around the globe working to establish a safer, greener and better world," CEO Mary Barra said in a statement announcing …

Automakers are going green to save money, not just the planet
3 years, 11 months ago

Automakers are going green to save money, not just the planet

CNN  

New York CNN Business — Virtually all of the world’s major automakers are shifting to an all-electric future — and that’s as much about the bottom line as it is the environment. Electric vehicles come with several inherent cost advantages — with no internal combustion engine, they have far fewer moving parts, and they require far less labor to assemble. …

Volkswagen made $12 billion in 2020 despite the pandemic
3 years, 11 months ago

Volkswagen made $12 billion in 2020 despite the pandemic

CNN  

London CNN Business — Volkswagen is walking away from 2020 with a profit of more than $12 billion despite the coronavirus pandemic that torpedoed car sales and snarled manufacturing supply chains. After losing €1.4 billion in the first six months of 2020, Volkswagen “proved to be quite robust in the second half,” it added. It appears that traditional carmakers “can …

Volkswagen Group Retails 9.3 Million Cars in 2020 Despite Slowdown, EVs Account For Mere 2.32 Lakh Units
3 years, 11 months ago

Volkswagen Group Retails 9.3 Million Cars in 2020 Despite Slowdown, EVs Account For Mere 2.32 Lakh Units

News 18  

Auto industry, much like all other industries across the world, was severely hit because of the coronavirus pandemic. The car making company has recorded a massive sale of 9.3 million vehicles in 2020 across the globe. According to the details mentioned in a note on the official website, the Volkswagen group sold 231,600 all-electric vehicles and 190,500 units of plug-in …

Volkswagen and Audi are starting to challenge Tesla
3 years, 11 months ago

Volkswagen and Audi are starting to challenge Tesla

CNN  

London CNN Business — The world’s largest carmaker is starting to gain ground on Tesla. Volkswagen sold 231,600 battery electric vehicles in 2020, according to figures published by the company on Wednesday. “We are well on track to achieve our aim of becoming the market leader in battery electric vehicles,” Ralf Brandstätter, CEO of Volkswagen Passenger Cars, said in a …

Volkswagen takes on Tesla with first ID.4 electric models in China
4 years, 2 months ago

Volkswagen takes on Tesla with first ID.4 electric models in China

The Hindu  

Volkswagen AG launched two ID.4 electric sport-utility vehicle models in China on Tuesday, taking on Tesla Inc in the world's biggest auto market. The models mark the start of a major push by Volkswagen into the electric vehicle market in China to take on the likes of Tesla and Nio Inc. But a presentation at the product launch said the …

Cheapest VW ID.3 electric car to start from under £30,000
4 years, 2 months ago

Cheapest VW ID.3 electric car to start from under £30,000

Daily Mail  

Volkswagen has confirmed its first fully purpose-built electric family car will cost from less than £30,000. VW's electric family car comes under £30,000: The ID.3 Life will become the most affordable version of the new Golf-sized hatchback, priced at £29,990 including the Government's plug-in vehicle grant The earliest cars on sale - called the 1st Edition - have been available …

Volkswagen Doubles Down on Electric Cars, to Invest 15 Billion Euro in China for New Models
4 years, 3 months ago

Volkswagen Doubles Down on Electric Cars, to Invest 15 Billion Euro in China for New Models

News 18  

German car giant Volkswagen has announced a fresh 15 billion euro splurge on China’s vast electric vehicle potential. Volkswagon’s commitment — made with its three Chinese joint ventures — see the firm double down on EV car manufacturing and the linked infrastructure between 2020 and 2024 and takes its total investment in the sector to nearly 40 billion euros. Fifteen …

Tesla is taking a risk by making cars in China despite a Chinese auto industry slump
5 years ago

Tesla is taking a risk by making cars in China despite a Chinese auto industry slump

CNN  

Hong Kong CNN Business — After a wild 2019, Tesla is finally making cars in China. But analysts say that if Tesla CEO Elon Musk pulls off his risky strategy — it built its big, new Shanghai factory to grow its business, pump out more cars and better target Chinese customers — the company could give China’s car market a …

Honda will sell only electric and hybrid cars in Europe from 2022
5 years, 2 months ago

Honda will sell only electric and hybrid cars in Europe from 2022

CNN  

London CNN Business — Europeans who want to buy a Honda powered exclusively by gasoline or diesel need to act quickly. The Japanese carmaker announced Wednesday that it will sell only electric and hybrid vehicles in Europe starting in 2022, three years earlier than previously planned. “The pace of change in regulation, the market, and consumer behavior in Europe means …

How Volvo is helping to electrify the car market
5 years, 2 months ago

How Volvo is helping to electrify the car market

The Independent  

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