Canada’s intelligent home energy company dcbel announced the closing of a 50 million dollar Series B round. Following the close, Idealist Capital joined existing investors Volvo Cars, Coatue, Kevin Mahaffey, and Real Ventures. This up-round financing will enable dcbel to accelerate delivery of the Home Energy Station within its targeted territories. The product integrates renewable […] More…
Author: electrive.com
Zeekr aims for 650,000 annual EV sales rate by 2025
According to CEO Andy An, Geely’s premium electric brand Zeekr wants to increase its annual sales to 650,000 electric cars by 2025 and is planning more models for this purpose. But sales are also expected to increase through expansion into other markets. Zeekr delivered 71,941 electric cars in 2022 and plans to nearly double that […] More…
BYD to present new Seal variant at the IAA
BYD will expand its electric car range in Europe with a sixth model. It will be called the ‘Seal U’, an SUV offshoot of the Seal sedan. The vehicle will be presented at the IAA Mobility in September along with five other vehicles for Europe. The BYD Seal U (U stands for “utility”) will be […] More…
Siemens to acquire Heliox
Siemens and Heliox have signed an agreement for Siemens to acquire the Dutch charging infrastructure firm. Siemens wants to incorporate Heliox’s power charging solutions focused on heavy-duty EVs into its e-mobility portfolio. The merger will also extend Siemens’ market reach, primarily in Europe and North America, while improving capabilities in power electronics, reads the statement. […] More…
VW ID.5 GTX: How does the sportiest MEB model measure up?
VW has long announced a sporty compact car based on the ID.3 but has yet to bring it to market. And until the Cupra Tavascan with its revised drive generation arrives, the ID.5 GTX is the sportiest electric Volkswagen out there. But how close does the GTX come to the legendary GTI? *** The first […] More…
Rimac breaks Tesla’s Nürburgring record
Rimac has clearly broken the record last held by Tesla for the fastest production electric car on the Nürburgring Nordschleife. With a lap time of 7:05:298 minutes, the Rimac Nevera was around 20 seconds faster than the Tesla Model S Plaid at 7:25.231. Rimac had previously broken a number of world records with the electric […] More…
Freudenberg releases thermal barriers in 3D geometry
Freudenberg Sealing Technologies has developed thermal barriers that help to slow down or even stop thermal runaway. Initial series production is underway, and Freudenberg expects its new 3D geometries to become bestsellers. In technical terms, thermal runaway is the ignition or explosion of a battery cell caused by a self-reinforcing heating process initially caused by […] More…
Fuso to bring the eCanter to Chile
The new Fuso eCanter is making its way to one of Fuso’s largest markets in South America. The remodelled eCanter, presented in September 2022, will go on sale in Chile later this year. The vehicle was unveiled for the first time to domestic customers at an event on 17 August. The eCanter for Chile will […] More…
Arcimoto’s tiny EV tech to enter the US military
The US military is looking to deploy tiny electric vehicles; at least, that is what a new deal with Arcimoto suggests. The EV startup said on Monday it scored a partnership with Department of Defense contractor Matbock. Best known for its doorless “fun utility vehicles” or e-trikes and a truly tiny box truck, the contract […] More…
KG Mobility in negotiations over joint battery plant with BYD
The Ssangyong successor company KG Mobility is negotiating with BYD on the construction of a joint battery cell factory in South Korea. KG Mobility has apparently confirmed the plans in principle, but details such as the location and capacity still need to be decided. This was reported by The Korea Economic Daily, who states that […] More…
Northvolt to raise $1.2 billion to expand in Europe & America
Swedish battery manufacturer Northvolt is raising an additional 1.2 billion US dollars in capital from investors to finance its further expansion in Europe and North America. According to Northvolt, the new financing round is an extension of the $1.1 billion convertible bonds signed in July 2022. The backers of the extension include the Investment Management […] More…
Pininfarina unveils all-electric “hyper Barchetta” B95
Automobili Pininfarina has unveiled an electric open-top supercar at Monterey Car Week in California. The model, called B95, will be available to buy, but only for a highly exclusive clientele. Automobili Pininfarina wants to produce no more than ten B95 hypercars and deliver from 2025 – at a price of at least 4.4 million euros […] More…
Be.EV charging network is entering the Midlands
British charging network Be.EV has announced plans to deploy thousands of new charge points. Mainly known across the North West of England, Be.EV is focusing considerable investment on a new region, the Midlands. Backed by £110m from Octopus Energy Generation, the EV charging business is looking for locations such as retail parks, pubs and car […] More…
Maersk to run 500 small EVs in India
Maersk is expanding its electric vehicle fleet in India. The latest announcement sees the logistics company aiming to deploy 500 small EVs across 26 cities covering first, middle and last-mile distribution demand driven by e-commerce. Maersk already runs 200 electric vehicles in 15 cities at present and expects to more than double this number by […] More…
Maruti Suzuki presents EV strategy 3.0
The Indian automobile manufacturer Maruti Suzuki has presented its strategic plan ‘Maruti Suzuki 3.0’. In it, Maruti Suzuki aims to launch 6 new electric vehicles by 2031 and targets 60 per cent of sales coming from EVs. The 60 per cent EV sales rate is not the final specification, however, and Maruti further adds that […] More…
North Yorkshire bus fleet to go 100% electric next year
Transdev is preparing to convert the bus fleet in the Harrogate area to electric vehicles. Its regional transport operator, The Harrogate Bus Company, has placed orders worth 21 million pounds and secured government funding. The Harrogate Bus Company confirmed funding of £7.8 million through the Government’s Zero Emission Bus Regional Areas (ZEBRA) scheme, following a […] More…
Tesla rumoured to be building less than 4,000 Model Y per week in Germany
Tesla is reportedly producing far fewer electric cars at its German factory in Grünheide than previously thought. According to a media report, weekly production has even fallen to below 4,000 vehicles – apparently because too few staff are available. As Business Insider reports, citing internal documents and consistent statements from numerous Tesla employees, the production rate […] More…
Hamburg bans electric scooters from public transport
As of August 24, electric kick scooters will no longer be allowed on the Hamburg subway. As soon as there are “clear safety statuses”, Hamburger Hochbahn intends to reconsider the decision. According to the subway operator Hamburger Hochbahn, this decision is a reaction to internationally documented cases in Barcelona and London, among others, in which […] More…
Volkswagen kicks off ID.7 production in Emden
Volkswagen has officially started production of the ID.7 at its Emden plant and is now gradually ramping it up. Customers in Germany will be able to order the electric sedan, which was presented in April, this month. The VW ID.7 will go on sale this fall. However, Volkswagen itself emphasizes in the announcement that it […] More…
UK: Vauxhall introduces off-street charging programme
Vauxhall has set up the ‘Electric Streets of Britain’ programme to help drivers without driveways charge their vehicles and not be left behind in the transition to electric mobility. The plan is to work with charging operators char.gy, Connected Kerb and SureCharge and set up an ‘Enablement Fund’ to help councils understand the scale of […] More…