Amazon has now increased its stake in electric vehicle start-up Rivian to around 20 per cent. This became known via a notification from the e-commerce giant to the US Securities and Exchange Commission (SEC). The online retailer is known to be both an investor and a major customer of Rivian. According to the official disclosure, […] More…
Author: electrive.com
Amazon rumoured to hold 20 per cent of Rivian
Amazon has now increased its stake in electric vehicle start-up Rivian to around 20 per cent. This became known via a notification from the e-commerce giant to the US Securities and Exchange Commission (SEC). The online retailer is known to be both an investor and a major customer of Rivian. According to the official disclosure, […] More…
BYD is releasing more stock to raise capital
BYD plans to raise the equivalent of around €1.53 billion in fresh capital by issuing 50 million new shares on the Hong Kong Stock Exchange. Meanwhile, the Group is expanding sales of its Han electric sedan to a number of countries in Latin America and the Caribbean. First to the stock market news: BYD finalised […] More…
US government to stick with union-backing subsidies
The US government is sticking to its plan to increase the tax credit for electric vehicles assembled by union workers in the US to $12,500. The increase is part of the revised “Build Back Better” plan now presented. There is opposition to the proposed measure abroad. “Build Back Better” is a massive social package that […] More…
UK Councils ignore government funding for charging stations
More than half of local councils in the UK have not made use of funds towards bolstering public charging infrastructure in the last year despite the ongoing boom in EV sales. 52 per cent of 216 authorities said they had spent no money on chargers in the previous 12 months. “In the next ten years, […] More…
Wales launches ‘EV Charging Action Plan’
The Welsh government has launched a new e-mobility strategy and presented the ‘EV Charging Action Plan’. It envisions infrastructure investments, including the private sector, to install charging points every 20 miles at trunks crisscrossing Wales by 2025. The new strategy builds on announcements in December 2020 when the Welsh government stated it would ensure that […] More…
Denmark first to order Solaris’ longest e-bus to date
Solaris has received the first order of its latest and longest electric model. The Urbino 24 in MetroStyle is a 24-metre “bi-articulated” e-bus. Tide Bus Danmark, active in the city of Aalborg, expects to see 14 of these all-electric buses enter service. According to Solaris, the extra-long electric buses were specially designed for BRT (Bus […] More…
KIT develops novel method for faster electrode production
Researchers at the Karlsruhe Institute of Technology (KIT) have developed and successfully applied an innovative concept for the simultaneous coating and drying of two-layer electrodes. This should significantly accelerate battery production. The process developed in the Thin Film Technology (TFT) research group could reduce drying times to less than 20 seconds, KIT said. This means […] More…
SK On to manufacture LFP battery cells
SK On, the battery division of SK Innovation that was spun off at the beginning of October, is now also developing LFP batteries for electric vehicles. The company also expects its battery business to be profitable next year. The cheaper and more stable LFP batteries are receiving more and more attention, among other things due […] More…
Mitsubishi presents new Outlander PHEV
Mitsubishi has unveiled the new edition of its Outlander PHEV. The SUV will go on sale in Japan in December, followed by Australia and New Zealand in the first half of 2022 and North America in the second half of 2022. Sales in Europe are not planned. Going forward, the SUV will come with a […] More…
Chinese government to introduce battery swapping programme
The Chinese Ministry of Industry and Information Technology (MIIT) has announced the launch of a government battery replacement pilot programme for electric vehicles. This involves not only electrically powered cars, but also trucks. The first eleven cities to be included in the pilot are Beijing, Nanjing, Wuhan, Sanya, Chongqing, Changchun, Hefei, Jinan, Yibin, Tangshan and […] More…
China to introduce battery swapping programme
The Chinese Ministry of Industry and Information Technology (MIIT) has announced the launch of a government battery replacement pilot programme for electric vehicles. This involves not only electric cars but also trucks. The first eleven cities to be included in the pilot are Beijing, Nanjing, Wuhan, Sanya, Chongqing, Changchun, Hefei, Jinan, Yibin, Tangshan and Baotou, […] More…
ProLogium closes financing round with $326 million
The Taiwanese solid-state battery cell manufacturer ProLogium has closed a financing round of 326 million US dollars. ProLogium plans to invest the capital to expand its production capacities in Asia, Europe and the USA between 2023 and 2025. New Epoch Capital, SBCVC Navitas Limited and Carna Investments Holding Limited participated in the financing round, which […] More…
Hyundai & Kia launch collaboration with Factorial Energy
Factorial Energy, a US developer of solid-state battery cells, has announced a collaboration with Hyundai and Kia. The Korean carmaker will test Factorial’s solid-state batteries in its electric cars under a development agreement and make a strategic investment in Factorial. Factorial Energy does not disclose the amount of this investment in the announcement – but […] More…
Mustang Mach-E & Ioniq 5 convince during crash tests
Two electric models were assessed in the latest EuroNCAP crash tests: both the Ford Mustang Mach-E and the Hyundai Ioniq 5 achieved full five stars in the overall rating. In the individual categories (adult occupants, children, other road users and safety assistants), however, the Ford performed slightly better overall. For adult occupants, it achieved 92 […] More…
Toyota publishes new details on the bZ4X FCEV
Toyota has published more details on its first battery-electric model, the bZ4X, whose production version is to celebrate its European premiere on 2 December. This means that more precise data on the drives, the battery and the charging power of the bZ4X are known. After the presentation of the near-production concept in spring, during which […] More…
VW considers importing the ID.6 to Europe
VW could sell its seven-seat ID.6. electric SUV, which is produced in China for the local market, in Europe in the future. According to a media report, however, the MEB model will not be built in Europe – but imported from China to Europe for the first time. According to the portal Business Insider, around […] More…
Tesla orders more cells from CATL
Tesla has apparently ordered LFP battery cells with a total capacity of 45 GWh from CATL for the production of the Model 3 and Model Y next year. Negotiations are also said to be underway for additional orders. This was reported by the Chinese portal 36Kr, which cites several insiders. There is no confirmation of […] More…
EQC turns out not to be waterproof
Mercedes-Benz is recalling 19,253 units of its EQC electric SUV worldwide, 3,073 of them in Germany. The reason is that water ingress into the steering control unit could lead to a failure of the steering power assistance. According to the German Federal Motor Transport Authority KBA, Mercedes has to check the steering control unit on […] More…
Brandenburg gigafactory granted two more preliminary approvals
In two further approvals of the early start, the Brandenburg State Office for the Environment has granted permission for the construction of further parts of the Tesla vehicle factory. In addition, the operational capability of other parts of the plant that have already been built may be checked. According to the Brandenburg State Office for […] More…