Benteler has received the necessary approvals for Saudi Arabian investor Tasaru Mobility Investments to invest in its subsidiary Holon. The deal means millions in funding for the German company to expand its business with autonomous electric shuttles. Read more…
Author: electrive.com
UK: Gridserve opens EV charging test lab
UK charge point operator Gridserve has opened a test lab for EV chargers at its Innovation and Operations Centre in Swindon. The goal is to improve its network’s reliability. Read more…
EU battery regulation: dispute over calculation of the CO2 footprint of car batteries
The EU Commission wants to amend the Battery Regulation in 2027 so that the CO2 footprint of traction batteries is not calculated based on the actual electricity used, but on the national electricity mix. Germany’s automotive industry is up in arms against this. Read more…
ION Storage Systems announces battery research breakthrough
The US solid-state battery developer ION Storage Systems says it has reached an important milestone on the road to commercialisation by achieving 800 cycles with its “anode-less” cells. Read more…
Xpeng Aeroht raises $150 mn in capital
Xpeng Aeroht, the flying car business of the Chinese EV manufacturer Xpeng, has raised 150 million dollars in its Series B1 funding round. The money will be used to advance the company’s production plans. Read more…
Geely starts selling the Galaxy E5 in China
Geely has opened the order books for the Galaxy E5 in China. The compact SUV starts at 112,800 yuan or 14,447 euros. More technical details are now also available. Read more…
Jaguar ups planned spending as it continues to invest in combustion engines
JLR (Jaguar Land Rover) will invest £18 billion in its electric future over the next five years, £3 billion more than it initially announced in April 2023. That is mainly because the carmaker wants to keep producing models with combustion engines. Read more…
Lucid secures funding until the end of 2025
Lucid Motors has received $1.5 billion from Saudi Arabia’s Public Investment Fund (PIF). That means the carmaker now has sufficient funds until the fourth quarter of 2025. This comes as Lucid announced rather positive financial results for the second quarter of this year. Read more…
P3 launches new TCO calculator: where electric trucks already outperform diesel
The management consultancy P3, which specialises in electric mobility, has developed a calculator for the total cost of ownership (TCO) of battery and conventionally powered trucks and prepared the results for the German market. The conclusion: in some cases, electric trucks are a better deal. Read more…
EU contradicts Wissing on alleged decommissioning of diesel cars
EU Internal Market Commissioner Thierry Breton has contradicted German Transport Minister Volker Wissing’s warning that millions of diesel vehicles are at risk of being decommissioned. Breton described Wissing’s statements as “misleading.” Read more…
ADL designs electric bus model for TfL
Alexander Dennis has officially unveiled the next-generation Enviro400EV battery-electric double decker built to Transport for London (TfL) specification. Read more…
Norway: Fastcharge chooses Kempower as a partner for truck charging hubs
Norwegian charging station operator Fastcharge is working with Kempower for its truck charging parks. These are said to be the first hubs in Norway dedicated exclusively to trucks. Read more…
CATL invests in China’s electric air taxi developer Autoflight
The Chinese electric flying taxi startup Autoflight has announced a significant investment from CATL. The battery giant is pumping several hundred million dollars into Autoflight. The two companies also want to jointly develop batteries for electric aircraft. Read more…
Group1 presents potassium-based battery in the USA
Texas-based battery developer Group1, which was founded in 2021, introduces the first potassium-ion battery (KIB) in the form of an 18650 cylindrical battery cell. Read more…
Geely invests £120 million in taxi manufacturer LEVC
The manufacturer of the famous London taxis, the London Electric Vehicle Company (LEVC), has received a capital injection of 120 million pounds from its Chinese parent company Geely. The money is being channelled into LEVC’s SOA electric car platform Read more…
Canada funds 660 new Level 2 chargers in Nova Scotia
Canada’s Minister of Energy and Natural Resources will fund the installation of 660 public Level 2 chargers in Nova Scotia, in the east of the country. The Polycorp Group of Companies will install the majority, and 292 Main Street Developments Limited will install the rest. Read more…
Samsung SDI with first customer feedback on solid-state battery cells
Samsung SDI announced progress in its development of solid-state batteries at SNE Battery Day 2024. On the way to the targeted series production from 2027, Samsung SDI has already delivered samples to customers and received initial feedback. Read more…
Phoenix Contact launches new charging cables for North America
The German cable specialist Phoenix Contact has expanded its “Charx connect” series with a product for the North American market. The new type 1 charging cable is in the power class up to 125 kW. Two new NACS options are also available. Read more…
Hungary to strip PHEVs of its green number plates
Since 2016, plug-in hybrids and range-extended cars have enjoyed the same benefits as electric cars in Hungary. That will change on 1 September 2024. From then on, only fully electric and emission-free vehicles will receive a green licence plate. Read more…
Tesla wants to expand Grünheide – under certain conditions
According to an agency report, Tesla is committed to expanding its factory in Grünheide. However, the timing of the billion-euro investment is still unclear, as Tesla is still waiting for sales to increase. Read more…
