November 2016 - EV Industry News

Germans come together to build EV Charging network

Audi, BMW, Charging, EV News, Mercedes Benz, Porsche, Tesla

German brands plus Ford join forces to create a pan European fast charging network A new joint venture formed by some of the biggest names in the car industry has come to a formal agreement over the creation of new ultra-fast, high-power electric car charging infrastructure. The BMW Group, Daimler AG, Ford and Volkswagen along with its Audi and Porsche marques have signed a Memorandum of Understanding […]

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Tesla acquires Solar City to form Tesla Energy

EV News, Features, Solar

Tesla officially acquired SolarCity for roughly $2 billion. Tesla will integrate SolarCity’s team and operations, and it will phase out its brand in favor of ‘Tesla Energy’ over the next few months. At the special shareholders meeting held on Nov 17th to vote on the merger, General Counsel Todd Maron announced that shareholders have approved

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Tesla and Panasonic to Collaborate on Photovoltaic Cell Production

EV, Solar, Tesla

With Tesla and Solar City merging after the Tesla purchase the combined company will be looking to get its balance sheet more in order. Both companies have a huge appetite for cash burning. Factories are highly expensive, especially when they are vast. Both Tesla with Giga Factory and Solar City with a Solar Module plant

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