• News aggregator on electric cars and electric vehicles (cars, motorcycles, boats, planes).

Trucksters to electrify long-distance logistics from Spain

Spanish transport company Trucksters has closed a €33 million Series B funding round and announced plans to electrify parts of its long-distance freight transport service. The new investors include Continental, Volvo and the European Investment Bank. Trucksters offers long-distance freight transport services with a truck switching system based on artificial intelligence and Big Data and […] More…

Nio remains in the red over Q1 of 2023

Nio has presented its balance sheet for the first quarter of 2023. The Chinese electric car manufacturer delivered 31,041 vehicles between January and March and also announced that it would reduce the base prices for all its models in China. Possibly in view of the currently strongly weakening sales. First the business figures: The 31,041 […] More…

BYD & Huaihai planning Na-ion battery factory in China

BYD is going to set up a production facility for sodium-ion batteries in China. In cooperation with the Huaihai Holding Group, BYD wants to become the world’s largest supplier of sodium battery systems for small electric vehicles. BYD’s battery subsidiary FinDreams has signed a strategic cooperation agreement with the Chinese conglomerate Huaihai Holding Group. Among […] More…

Wrightbus financed to pump up exports

A guarantee from UK Export Finance (UKEF) has provided Northern Ireland-based bus manufacturer Wrightbus with £50 million in financing to support its export strategy. The Export Development Guarantee sees the UK’s export credit agency guarantee 80 per cent of the loan from Barclays Bank. The financing will enable Wrightbus to deliver orders to new markets, […] More…

Toyota invests $50m in US battery lab

In the USA, Toyota is investing almost 50 million US dollars in a new battery laboratory. This will be built at the research and development headquarters in York Township and will go into operation in 2025. The investment illustrates Toyota’s “change of direction towards electrification”, says Shinichi Yasui, Vice President at Toyota Motor North America […] More…

Ontario funds Li-Metal to develop lithium metal production technology

Li-Metal, a Canadian developer of lithium metal and lithium metal anode technologies for next-generation batteries, has been awarded over CAD$1.4 million (approx 975,000 euros) from the Government of Ontario to develop and commercialise its lithium metal production technology. The Canadian company will use the funds, which have been granted by two Ontario government funds, to […] More…

Porsche reveals Mission X study

Porche has revealed Mission X, a study of an all-electric hypercar, to mark the company’s 75th anniversary. Statements from Porsche on the possible road approval of the model suggest the two-seater with gullwing doors is likely to be more than just a design study. The German sportscar maker has only revealed a few technical details […] More…

ID. Buzz headed to the tuners

The German vehicle tuner Irmscher also modifies the electric VW ID. Buzz. Now the electric van can be completely revamped by the Remshalden-based company, turning it into a more leisurely version of the electric van. The Irmscher conversion includes a revised front apron, side skirts, a roof spoiler, rims from the Irmscher range and a […] More…