Category: announcement

Electric planes start small as industry wrestles with emissions

LE BOURGET (Reuters) – An all-electric commuter plane and a small Airbus-backed hybrid are among aircraft programs being touted at the Paris Airshow, as the industry tries to convince a sceptical public it can deliver on a pledge to halve carbon emissions by 2050. Israeli startup Eviation has wheeled out Alice, a battery-powered nine-seater due…
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20th June 2019 0

Volkswagen invests €900m in Swedish battery maker

Volkswagen AG has announced a €900 million ($1.467 billion) investment into an electric vehicle battery joint venture with Swedish firm Northvolt AB. According to VW, part of the above sum “is intended for a joint venture” with the battery producer, while a further portion of the investment will go directly to Northvolt in return for…
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17th June 2019 0