Mercedes & Volkswagen Ramp Up Battery Factory Plans
Mercedes and Volkswagen announce new EV battery factories.
Saft
Oil Company Total & Groupe PSA Form “Automotive Cells Company”
A few years ago, it seemed obvious to us electric vehicle fanatics that the transportation sector would switch to electricity. Today, you have to be completely blind to or ignorant of trends in the auto world to not realize that road transport is going to electrify fairly soon, which means much less demand for oil.
19× More Invested In EVs & EV Batteries In Europe Last Year Than In 2018
According to a Transport & Environment report, Europe poured €60 billion into EV production and EV battery production in 2019, a whopping 19 times more money than it put into them in 2018.
Total & Gaussin Creating World’s 1st Fully Electric Aircraft Fuel Truck
Energy giant Total Group and engineering firm Gaussin are working together to create the world’s first 100% electric fuel truck for the aviation industry.
The Key To The Electric Car Revolution? It’s The Batteries, Stupid
Toyota and Panasonic are teaming up to build solid state batteries while France and Germany are investing in new battery factories in Europe.
Breakdown Of Interdependency Between Big Auto & Big Oil
Some years back I visited one of the major automobile manufacturers with some investor clients of mine. We met the CTO of that particular company, who asked us “what is the biggest mistake the automobile industry has made in the last century?” Despite the varied responses from the audience, we were all surprised by his answer: “We never controlled the fuel value chain” and to that he added “and we won’t make the same mistake with electric cars.”
Total Completes Billion-Dollar Acquisition Of Saft
French oil major Total has announced the successful completion of its billion-dollar acquisition of leading battery designer Saft. Total announced on its website on Monday that it now held 90.14% of Saft Groupe shares following the public tender offer initiated by Total on Saft Groupe. The public tender offer will … [continued]
Total’s $1.1 Billion Saft Acquisition & Tom’s BMW i5 — Cleantech Talk #26
In episode #26 of Cleantech Talk, Matthew and I tackled Tom Moloughney’s vision for the BMW i5, how BMW could potentially compete with Tesla Motors and the Tesla Model 3. We then chatted about a fascinating recent acquisition — Total’s majority control acquisition of Saft — and the general topic of Total’s apparent leadership among oil companies in the transition to clean energy.
Low-Earth Orbit Satellites Using Saft Batteries Launched By SpaceX Rocket
Saft batteries were used in satellites made by Sierra Nevada Corporation (SNC) that were launched into space recently by a Space X Falcon 9 rocket, which lifted off from Florida. 11 new-generation satellites were added to the ORBCOMM telecommunication network during the mission. (It was also the flight that featured a successful landing … [continued]
Saft To Provide Batteries For Over 200 French Trains
Saft has signed an agreement with SNCF, the national railway operator in France, to provide nickel-based batteries for over 200 trains, which employ the Alstom Coradia Duplex electric multiple unit (EMU) platform. These trains can achieve 160 km/h and are used in regional routes in France. The Saft/SNCF contract has been valued at about … [continued]
