Siemens to supply equipment for EV battery plants JV
Siemens has signed a deal with a joint venture of Stellantis, Mercedes Benz and TotalEnergies to supply equipment and technology for electric vehicle battery plants.
Siemens has signed a deal with a joint venture of Stellantis, Mercedes Benz and TotalEnergies to supply equipment and technology for electric vehicle battery plants.
Carvana launched a petition asking for support from Michigan consumers after the company’s license to operate in the state was suspended last week.
The rollout plan prioritizes North America in 2026, with deliveries to Japan following and a European launch still under consideration.
West Coast charging network operator EVCS is looking to simplify powering electric vehicles by offering a choice of monthly subscription plans.
The move marks a departure from the way such networks typically operate. Most require a low monthly fee and charge an additional amount per kWh used.
“It really is a minefield across the various networks, be it time of day rates, location-based variances and hidden fees,” Kirk Johnson, chief growth officer at EVCS, said Monday. “We’re trying to cut through all that with a very simplified, predictable monthly fee.”
The Los Angeles company now offers three subscription tiers for its West Coast network of close to 700 Level 2 or Level 3 public chargers. A Level 2 charger can top off an EV battery from empty in 4-10 hours. A Level 3 charger can fill a battery to 80 percent in 20 minutes to an hour depending on the charger and the network.
While clear-cut pricing is important, charging speed, availability and charger maintenance are also critical factors, said Mike Ramsey, a Gartner automotive and smart mobility analyst.
With hopes of achieving better contract terms, more automotive suppliers are resorting to bankruptcy — or at least threatening it — in what has become in some cases a high-stakes game of chicken with customers.