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

Canoo issues further shares

California-based electric car start-up Canoo is looking to raise around 52.5 million dollars through share sales at a steeply discounted rate. Agreements with several investors have already been reached, but the deals have yet to be completed. Investors will pay 1.05 dollars per share, a 16 per cent discount from Friday’s closing price. Each share […] More…

Recharge gets ready to buy Britishvolt

Recharge Industries is close to acquiring the assets of insolvent battery start-up Britishvolt. According to the accounting firm EY, which is in charge of the insolvency administration, the deal is expected to be completed within the next seven days. Citing a publication by auditing firm EY, several media outlets report that Australian company Recharge Industries […] More…

Ford to return to the Formula 1 in 2026

Ford will return to Formula 1 from 2026 after more than two decades – as Red Bull’s technical partner. Red Bull Powertrains and Ford will collaborate on the development of the next-generation hybrid powertrain for the Oracle Red Bull Racing and Scuderia AlphaTauri teams. Ford will provide expertise in areas such as battery cell and […] More…

Hindenburg Research attacks Indian Adani Group

Allegations by Hindenburg Research are once again causing a company to falter. The short seller accuses the Indian conglomerate Adani Group of price manipulation and accounting fraud, causing Adani’s share price to plummet. Adani, which is also involved in eMobility projects, denies the allegations. Adani had recently taken delivery of around 300 electric trucks from […] More…

Canada funds more than 2,000 charging stations in the Greater Toronto Area

Canada announced additional funding for charging infrastructure – nearly 15 million Canadian dollars (10.4 million euros). This will be used to build more than 2,350 new charging stations, 2,100 of which will be installed in the Greater Toronto Area. The money will go to 32 organizations including municipalities, private companies and utilities. Specific details concerning […] More…

E-buses only in Copenhagen by 2025

The Danish capital Copenhagen and the enclave of Frederiksberg, which is completely surrounded by Copenhagen urban area, have decided to completely electrify the last five bus routes by 2025. Now, only the public transport operator has to play along. The contracts for these five bus routes expire between 2026 and 2029 – and would be […] More…

Hexagon Purus to move to Maryland

Hydrogen storage specialist Hexagon Purus has opened a production facility for Type 4 cylinders in Westminster in the US state of Maryland. The plant is designed to produce up to 10,000 cylinders per year for heavy-duty commercial vehicles and can be further expanded. The new 60,000-square-foot facility will employ up to 150 skilled workers. The […] More…

Renault, Nissan and Mitsubishi strengthen worldwide cooperation on EVs

The Renault-Nissan-Mitsubishi Alliance unveiled more details about their partnership and new direction for the next 15 years. Plans include joint activities in Latin America, India and Europe – with talk of a joint 800-volt architecture in the latter case. Following the announcement at the end of January, it was confirmed that Nissan intends to take […] More…

Starting at 59,650 dollars: Lexus releases pricing for the RZ 450e

The carmakers first fully electric vehicle will start at 59,650 dollars, including a 1,150 dollar destination charge. There are two trim levels that buyers can choose from, premium and luxury. The latter starts at a price of 65,150 dollars and includes 20-inch aluminum alloy wheels and multicolor ambient lighting with shadow illumination. Further options include […] More…

Battery researchers find possible reason for self-discharge

Researchers at the Tesla-funded battery researcher centre at Dalhousie University have discovered an amazingly simple reason why lithium-ion batteries self-discharge over time, even when they are not in use: The use of adhesive tape. In lithium-ion battery cells, coiled electrodes of these batteries are held together with simple PET adhesive tape. At higher temperatures in […] More…

New vehicle classification in the US: More EVs qualify for tax break

The U.S. Treasury Department has revised its vehicle classification definitions, making even more electric cars eligible for the 7,500 dollar tax credit there. Moreover, the revision is applied retroactively, meaning all vehicles purchased since the beginning of the year can qualify. Now, all variants of the Tesla Model Y, Cadillac Lyric, Ford Mustang Mach-E and […] More…