Times Now

Volkswagen has spent the better part of the current decade dealing with what is now colloquially referred to as Dieselgate. In the aftermath of the accusations and revelations, the German automotive behemoth has paid and contested massive fines in different countries across the world.

Saur Energy

Alternet Systems, Inc. (ALYI) has announced a new interest in the company’s recently announced USD 100 million investment campaign to fund regionally specific electric mobility technology research and development and production. The firm is currently developing USD 300 million in electric vehicle projects in Africa targeting the shared-ride market. The company has signed orders for electric motorcycles with a sidecar to be produced in Kenya for shared-ride providers in Kenya.

ET Auto

The transportation sector of Turkey is going is expected to undergo a massive transformation over the next decade, as the country is projected to have some 2.5 million electric cars in 2030. According to a report by SHURA Energy Transition Center, the 2.5 million electric vehicles will make up 10 per cent of the total vehicle stock in the same year.

The Guardian

Europe’s carmakers are gearing up to make 2020 the year of the electric car, according to automotive analysts, with a wave of new models launching as the world’s biggest manufacturers scramble to lower the carbon dioxide emissions of their products.

ET Auto

Electric vehicle startup Rivian said on Monday it closed a $1.3 billion investment round, led by fund manager T. Rowe Price but also including existing investors online retailer Amazon.com Inc and No. 2 U.S. automaker Ford Motor Co. The investment round, which also included BlackRock Inc, is the fourth this year for Rivian and positions the Plymouth, Michigan-based company as one of the better-financed players in a crowded EV manufacturing market where Tesla Inc is the most established player.

Inside EVs

Struggling with what to get your loved ones for Christmas? Well Nissan may have an answer, because it’s cutting the price of its best-selling Leaf electric car over the festive period. The Sunderland-built car, the world’s best-selling EV, has been dropped in price by £1,650 across the entire range, meaning it now starts from just £26,345 for an Acenta version (including the £3,500 Plug-in Car Grant), whilst range-topping Tekna models are from £29,345.

The Asian Age

Luxury carmaker BMW has announced that it has sold 5,00,000 electric vehicles (EVs), marking a major milestone for the industry as well as the brand. In an official tweet, BMW wrote that statistically, one EV was sold every four minutes. The company is aiming to sell one million EVs by 2021, Engadget notes.

Automotive Online

Electric vehicles (EV) are the UK’s fastest-selling used cars, according to market data analysed by Cap HPI – taking an average of just 39 days to leave car dealers’ forecourts. The automotive pricing and sales data specialist found that pure electric vehicles were the most in-demand products currently on the market, selling an average of five days faster than a petrol hybrid, six days faster than a diesel car, nine days faster than a petrol car and 14 days faster than a diesel hybrid.

Trial Times

In British Columbia 10 per cent of new vehicles purchased are now electric vehicles. A milestone reached earlier than expected. This includes BEVs (battery-electric vehicles) and plug-in hybrid vehicles. A BEV has only an electric motor or motors to propel it. A plug-in hybrid will power itself solely with an electric motor but it does have an additional ICE (Internal Combustion Engine (diesel or gasoline)) for extending its range when needed.

ET Auto

It’s been a tough year for electric vehicle (EV) metal bulls. The previous speculative heat surrounding any and every material that goes into an EV battery has dissipated over the course of 2019. Two years ago the spot lithium price in China was $26 per kilogram. Today it is assessed by Fastmarkets at below $8.