Polestar initiates large-scale V2G project in Sweden

Polestar is joining stakeholders in the electricity grid sector with a large-scale vehicle-to-grid (V2G) project in Gothenburg, Sweden, funded by the Swedish Innovation Agency Vinnova and piloting a large fleet of Polestar 3 cars. Together with Swedish National Grid authority Svenska kraftnät, local grid owner Göteborg Energi Nät, regional energy distributor Vattenfall Eldistribution, home charging…

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Panasonic cuts battery unit’s profit outlook, warns on high-end EV sales, ET Auto

The battery unit’s production in Japan suffered from slowing uptake for high-end EVs in North America, Panasonic said in the presentation material, as the U.S. Inflation Reduction Act spurred demand changes among consumers. Panasonic Holdings, which supplies Tesla, said on Monday it had cut automotive battery production in Japan in the September quarter and shrank…

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