Cadillac CELESTIQ, BYD to Costa Rica, Volvo Energy & More EV News
The Cadillac CELESTIQ is coming — better late than never. It will be built on GM’s Ultium Platform, “the heart of the company’s EV strategy.” Meanwhile, inside the ID Buzz factories, Volkswagen is claiming a large foothold in the EV transition. “In just eight years’ time more than 55 percent of our vehicles in Europe will have battery-electric drive.” At the same time as all of this is underway, Volvo Energy is investing in second-life battery business. Check out more technology moves of the last week in transportation — air, water, and land — in the stories below.
EV
Cadillac CELESTIQ to be Built at GM’s Global Technical Center
“The Cadillac CELESTIQ will be built on GM’s Ultium Platform, the heart of the company’s EV strategy. The Ultium Platform encompasses a common electric vehicle architecture and propulsion components like battery cells, modules, packs, Ultium Drive units, EV motors and integrated power electronics.”
ID. Buzz: Production Start at Locations of Volkswagen Group Components
“With the production start of the ID. Buzz[1], the VWCV plant in Hanover is now the third German production site for vehicles of the ID. family.”
“‘The ID. Buzz is a milestone in the electrification of the brand and the plant in Hanover’, says Josef Baumert, Member of the VWCV Brand Management Board for Production and Logistics. ‘In just eight years’ time more than 55 per cent of our vehicles in Europe will have battery-electric drive. The ID. Buzz has a leading strategic role in this’, says Baumert.
“This year VWCV is planning to produce a total of around 15,000 ID. Buzz[1]. Baumert adds: ‘As we develop our portfolio, after 2023 we will produce up to 130,000 units of the ID. Buzz and ID. Buzz Cargo at our Hanover plant.'”
ID. Buzz Production: Up To 130,000 Units Per Year From Hanover
- Made in Germany: Braunschweig, Kassel, Salzgitter and Hannover are now delivering key technology components for the ID. Buzz
- Transformation to e-mobility: Volkswagen Group Components will invest about €2.3 billion in the electrification of locations in Germany alone through 2026 — well more than half of all investments
- Next step in the transformation: In 2024, the battery system for the ID. Buzz will begin to be produced in Hannover as well
- Thomas Schmall: ‘We intend to become a globally leading system provider for e-mobility’
“Following the production start of the ID. Buzz, German component locations have begun to produce key technology components for the new e-model. Plants in Braunschweig, Kassel, Salzgitter and Hannover are now supplying the battery system, the electric drive and the chassis. It’s the next step in a transformation process initiated in 2015 that is converting the company into an e-mobility system supplier. Volkswagen Group Components will invest €2.3 billion in the electrification of its German locations through 2026 — well more than half of overall investments.”