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

VinFast completes IPO on Wall Street

VinFast is making its stock market debut in the US. The Vietnamese electric car manufacturer has completed the announced merger with the stock shell Black Spade Acquisition and will be listed on Nasdaq under the ticker symbols “VFS” and “VFSWW” as of 15 August. A prerequisite for completing the merger was a vote by Black […] More…

Tesla to build battery factory in Indonesia

Tesla is planning to build a factory in Indonesia to produce battery materials, according to a senior politician. An announcement is expected to be made in the coming months. However, there will probably not be a Tesla vehicle plant in the country for the time being. Luhut Pandjaitan, Indonesia’s coordinating minister for investment affairs, said […] More…

Green tech investor Heramba to take over Kiepe Electric

Investment company Heramba wants to buy Knorr-Bremse’s subsidiary Kiepe Electric. The latter specialises in the electrification of urban road and rail transport. The Düsseldorf-based company develops, manufactures and implements power electronics products, hardware for electric drives and vehicle controls, and intelligent software for fleet management and energy management. Kiepe is also a specialist in charging […] More…

Luxembourg extends wallbox subsidy until the end of 2024

Luxembourg is extending its grants for the installation of private EV charging stations under the “Klimabonus Mobilitéit” programme until 31 December 2024. The programme, which has been running since 2020, promotes electric vehicles, e-bikes, and private charging stations. According to the government, more than 3,500 subsidy applications have already been granted. The new regulation provides […] More…

Siemens to support Lishen to scale battery production

Chinese battery manufacturer Lishen Battery is using Siemens’ Xcelerator portfolio to scale its battery production. Lishen and Siemens have signed a corresponding strategic cooperation agreement. Under the terms of the collaboration, Lishen Battery will use Opcenter software from the Siemens Xcelerator software portfolio to set up a technology centre. The dedicated facility will be equipped […] More…

Fisker again lowers production target

Fisker is once again lowering its production forecast. According to its latest quarterly report, the electric car manufacturer expects to produce only 20,000 to 23,000 vehicles in 2023. That is more than 50 per cent lower than initially planned. The reason is “a short-term capacity constraint at one supplier,” according to the US carmaker. However, […] More…

Tesla Semi clone spotted in China

Tesla’s electric truck is apparently being “cloned” in China. A recently discovered prototype, presumably from the Chinese vehicle manufacturer JAC, looks strikingly similar to the Tesla Semi. A Chinese Tesla driver spotted a prototype on a motorway. As seen in pictures published on Twitter, the heavily camouflaged vehicle is transported on a low-loader. The basic […] More…

Tesla applies for first environmental permits for Giga Mexico

Tesla seems to be getting started on the construction of its factory in Mexico. Through its subsidiary Tesla Manufacturing Mexico, Tesla requested first environmental permits from the Mexican Ministry of the Environment for the construction of the factory – initially for the construction of a warehouse. According to media reports, Tesla stated in the application […] More…