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- EV and AV Newsletter 5.12.21
EV and AV Newsletter 5.12.21
China and EVs
May 13, 2021
Good morning. We have some exciting news out of China. China is currently leading the way with EV manufacturing facilities. Leading by so much, that they're almost building facilities as fast as the rest of the world combined. In more news, Chinese owned NIO is making their first move outside of China. Check out more below and have an amazing Thursday.
EV Headlines
The second largest car-producing nation in the EU is dedicating more focus to EVs.
Luxury vehicle manufacturersays their first all-electric vehicle will be an SUV.
British businesses plan to invest £16 billion in the electrification of their fleets which is a 50% increase from the previous 12 months.
Lion Electric Company selects Illinois for their U.S manufacturing facility. Lion will invest at least $75 million and create at least 745 jobs.
Washington passes legislation setting a goal of only selling electric vehicles by 2030.
EV Battery swap market was around $100 million in 2020 and is expected to hit $850 million by 2030.
Autonomous Bulletin
Porsche and Nvidia working together on AV Tech.
Autonomous trucking company raises $110 million and plans for an Austin, TX headquarters.
Argo AI working with major manufacturers to assist with scaling self-driving features.
VW plans on designing its own high-powered chip.
A personal self-driving vehicle this decade, that’s the plan for GM.
All About Charging
Cornell University researchers working on tech to charge EVs while they’re moving.
North Vancouver adds a fast charger.
CA city receives $25 million for EV charging stations.
Wawa opens 50th EV charging site.
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