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

Wattif EV secures financing for €50 million

Norwegian charging station provider Wattif EV has closed a 50-million-euro investment from Marguerite, one of Europe’s largest investment fund managers for sustainable infrastructure projects. Marguerite is including Wattif EV in the portfolio of its latest fund, Marguerite III. Wattif said in a statement that the investment supports its growth and investment plans and goal to […] More…

Bosch to invest over $1 billion in e-mobility capacities in China

Bosch has announced that it will invest around one billion US dollars over several years in the development and production of components for electromobility and automated driving in China – and will build a centre for research, development and production in Suzhou for this purpose. The subsidiary Bosch Automotive Products will be responsible for building […] More…

Major rare earth deposits found in Sweden

The Swedish state-owned mining company LKAB says it has identified significant deposits of rare earth metals that are needed for electric cars and wind turbines, among other things. However, it will still take several years before potential mining on a larger scale is possible. After successful exploration, LKAB reports mineral resources of more than one […] More…

Impact Clean Power to source battery cells from Freyr

The budding Norwegian battery cell manufacturer Freyr announced its first customer in the e-mobility sector: Impact Clean Power Technology (ICPT), a Polish manufacturer of battery systems for heavy-duty vehicles. The framework agreement between Freyr and ICPT is not yet binding, however. This is according to a company release from Freyr. In the framework agreement, both […] More…

Lucid exceeded 2022 production goals

The US electric car manufacturer Lucid Motors has exceeded its most recent production target for 2022. With a strong final quarter, the target of 6,000 to 7,000 vehicles was even slightly exceeded. After halving the target from 12,000 to 14,000 cars to 6,000 to 7,000 due to “exceptional supply chain and logistics challenges”, the company […] More…

China marks 6.9 million NEVs sold over 2022

Total sales of New Energy Vehicles in 2022 amounted to 6.887 million units. This is according to statistics from the China Association of Automobile Manufacturers (CAAM) and represents an increase of 93.4 per cent compared to 2021. The statistics distinguish by type of drive: among the electric vehicles sold were 5.365 million battery electric vehicles […] More…

Hyundai goes omnidirectional at CES

The Hyundai Ioniq 5 can park sideways and turn on the spot. At least this one can, where the supplier Hyundai Mobis is demonstrating the capabilities of its e-Corner module that integrates the steering, braking, suspension and electric drive in one wheel. Hyundai had first introduced the technology at CES in 2018, and has yet […] More…

Neta to source vehicle chassis from CATL

Hozon Auto’s Chinese electric car brand Neta and battery manufacturer CATL have signed a cooperation agreement on the CATL Integrated Intelligent Chassis. According to the agreement, Neta will be the first of the Chinese EV start-ups to develop the skateboard chassis, known as CIIC for short. The CIIC was first mentioned in early November last […] More…