BYD has completed a sale of shares listed on the Hong Kong Stock Exchange to raise the equivalent of 5.33 billion euros. BYD plans to invest the proceeds in research and development, expand its international business and increase its working capital, among other things. Read more…

Mercedes-Benz and BMW are reportedly considering selling the FreeNow mobility app. An investment bank has been tasked with finding potential buyers – or at least sound out interest in the market. Read more…

Geely has presented its G-Pilot driver assistance technology, which will soon be available in all of the Group’s models. The new system competes with BYD’s driver assistance and autopilot solution God’s Eye and Tesla’s ‘FSD’ system. Read more…

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SK On will present its expanded battery portfolio at InterBattery 2025 in Seoul at the beginning of March, including a model of its cylindrical cells, a prismatic cell with top tab and a pouch cell with a medium nickel content in the NCM cathode material for the first time. Read more…

The cantonal police in the Swiss city of Basel is replacing more combustion engines in their fleet with electric vehicles. The first Mercedes eVito, for example, is now in use as a patrol vehicle, replacing a VW T 6.1. Some motorbikes will also accelerate the fleet’s electric in future. Read more…

H2 Mobility will close eleven smaller hydrogen refuelling stations for cars with 700-bar technology by the end of March, with eleven more stations to follow by the end of June. In future, the operator will be focussing primarily on supplying commercial vehicles. However, there is still a chance for some locations. Read more…

The results of the EU’s Strategic Dialogue on the Future of the Automotive Industry were not due until Wednesday. But the EU Commission has already given a glimpse of what is to come. According to President Ursula von der Leyen, Brussels could weaken the CO2 target for 2025 for car manufacturers. And it is holding out the prospect of a new battery subsidy. Read more…

The DHL Group wants to position itself as a broad-based logistics partner for the raw materials, battery and electric mobility industries. To this end, the delivery service is setting up special electric vehicle competence centres – now also increasingly in the Asia-Pacific region. Read more…

The German startup ME Energy, which specialises in off-grid fast-charging stations, is off to a new start. The company had to file for insolvency last year and has now been fully acquired by Indian investor Trinity Cleantech. Read more…

The European research project HARPOONERS (High voltAge, modulaR and low weight electric POwertrains fOr NExt generation waterborne tRanSport) is developing a new generation of high-voltage battery storage systems for maritime and inland waterway vessels. Read more…

Tesla has signed a deal with the fast-food chain Steak ‘n Shake to install Supercharger stations at select locations across the US. Apparently, there could be as many as 100 new Supercharger locations. Read more…

Polestar is once again stocking up on fresh money. The Swedish brand of majority owner Geely has secured an additional loan of up to 450 million dollars. It is still unclear how the 2024 financial year went. Polestar postponed the publication of its financial statements once again – this time to April. Read more…

8,477 electric cars were newly registered in Norway in February, which corresponds to a 94.7 per cent share of total car registrations for the month. And none of the usual suspects are at the top of the model rankings; instead the Nissan Ariya took the lead. Read more…

Hyundai is preparing its plant in Turkey for the production of electric cars. From 2026, the factory in İzmit will build electric cars and combustion engines to meet the growing demand in Europe. Read more…

The provisional insolvency proceedings at air taxi manufacturer Volocopter are turning into regular insolvency proceedings. The search for investors that began in December is still ongoing, although a restructuring concept was supposed to be in place by the end of February. Volocopter’s future thus remains up in the air. Read more…

The battery company Volklec, founded in 2024, wants to build batteries using licensed Chinese technology. To this end, Volklec has signed an agreement with Far East Battery (FEB). The British company wants to use the technology to manufacture batteries for electric vehicles and stationary energy storage systems. Read more…

Fastned has opened its first fast-charging park in Italy. The new location at the Truck Park Brescia Est service area on the busy A4 motorway offers a total of eight HPC charging points. It is already the eighth country in which the Dutch company is represented with its own charging parks. Read more…

Empa, the Swiss federal laboratories for materials science and technology says its four-year EU project SeNSE, led by eleven teams from research and industry, made “significant improvements” in batteries for electric cars. The researchers say the prototype lithium-ion cells developed are more sustainable, safer, and have a higher energy density, although not as stable as desired. Read more…

Idemitsu Kosan is constructing a lithium sulphide plant in Japan to produce the intermediate raw material for solid-state battery electrolytes. The plant should be operational in June 2027. While the Japanese energy company is cooperating with Toyota to develop solid-state batteries, it also aims to also supply “various customers” in mass production. Read more…