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Europe faced a spike of electric car sales, in such a way European countries want to fight against global warming as a result they increase a number of regulations favouring zero-emission vehicles. According to EuroNews the world should hold a breath waiting for new announcements as car manufacturers want to leapfrog the fossil-fuel car era. 

Stellantis is the company that appeared earlier this year from a team-up of PSA and Fiat Chrysler. The company has its own €30 billion electrification plan connected with producing battery cells and modules for North America. Stellantis signed the agreement with battery maker LG Energy Solution to produce high quality batteries. The world’s number four automaker expects more than 40 per cent of its US sales will be electric vehicles (EVs) by 2030.

That follows a recent announcement that Daimler AG will take a 33 per cent stake in battery cell manufacturer Automotive Cells Company (ACC), founded in 2020 by Stellantis and TotalEnergies in 2020.

Good news for the Swiss and the rest of Europe. The world’s fastest electric car charger has been launched by Swiss tech giant, ABB, and will be available in Europe by the end of 2021. The company, valued at around €2.6 billion, says the new Terra 360 modular charger can charge up to four vehicles at once. The device can fully charge any electric car within 15 minutes and delivers 100km of range in less than 3 minutes.

ABB’s new Terra 360
ABB’s new Terra 360 is a modular charger which can simultaneously charge up to four vehicles. Image credit: euronews.com

Ford Motor Co’s plans to invest up to £230 million (€272 million) to renew its engine factory in northern Englands, so the company can produce electric car power units instead of combustion-engine transmissions. 

The number two US carmaker has said its car lineup in Europe will be all-electric by 2030.

However, the Mercedes-Benz Daimler maker has its concerns towards Ford’s announcement. Shifting to electric batteries production will cost jobs at combustion-engine plants, so Ford’s announcement is a boost for workers making fossil-fuel engines at its Halewood plant near Liverpool.

Tesla Inc. is the other reason why people and manufacturers want to shift to electric vehicle manufacturing. The success of the company demonstrated the outdated vision on a fossil units production, as a result a lot of startups hope to become the next Tesla Inc. 

That has attracted the attention of Taiwan’s Foxconn, which has ambitious plans to diversify away from its role of building consumer electronics for Apple Inc and other tech firms.

Indeed, Foxconn unveiled its first three EV prototypes on Monday – an SUV, a sedan and a bus – made by Foxtron, a venture between Foxconn and Taiwanese car maker Yulon Motor Co Ltd.

The company demonstrated its orientation towards EV production less than two years ago and moves pretty ambitious in this route. It announced deals to build cars with US startup Fisker Inc and Thailand’s energy group PTT Pcl.

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