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

Tesla earnings show first sequential decline but remain in the billions

Tesla Q2 earnings slightly declined against otherwise record-breaking quarters for over a year. This came against ongoing supply chain challenges and factory shutdowns that no ramp-up could equalise entirely just yet. Tesla reported $16.9 billion in Q2 revenue, down from $18.8 billion in the first quarter but still stayed in line with analysts’ expectations. Tesla […] More…

SVOLT to pay compensation to CATL

Chinese battery cell manufacturers CATL and SVOLT have settled a legal dispute. CATL had sued SVOLT in February 2022 after nine former CATL employees moved to two SVOLT subsidiaries. These individuals allegedly breached non-compete agreements, according to CATL. Under the settlement, CATL will receive 5 million yuan (equivalent to about US$740,000) in compensation from SVOLT. […] More…

BMZ & CALB announce utility vehicle battery cooperation

The German BMZ Group and CALB (China Lithium Battery Technology) have signed a strategic cooperation agreement. Together, the partners want to develop and produce lithium-ion batteries for use in electric commercial vehicles for markets in Europe, America and Asia-Pacific. These commercial vehicle batteries will initially be based on CALB’s NMC battery cells. From 2025 onwards, […] More…

ZF announces new CeTrax drive generation

ZF has announced the next generation of its CeTrax electric drive system for heavy commercial vehicles at an annual global technology event. According to ZF, the new CeTrax 2 system combines a favourable power-to-weight ratio and a compact design. The highly integrated design enables a high continuous output of 360 kW and improved efficiency through […] More…

Canberra to introduce EV incentives

The government of the Australian Capital Territory has released a new strategy set to make zero-emission vehicles (ZEVs) an affordable option for Canberrans in the years to come. The strategy sets a new target of 80-90% of new light vehicle sales being ZEVs by 2030 and also outlines a plan to start phasing out light […] More…

Rolls-Royce & Hyundai launch air mobility cooperation

Rolls-Royce and Hyundai Motor Group have announced plans today to collaborate on all-electric propulsion and hydrogen fuel cell technology in aviation. They have signed a letter of intent to deliver low-emission solutions to the Urban Air Mobility (UAM) and Regional Air Mobility (RAM) markets. The partnership will leverage Rolls-Royce’s aviation and certification capabilities and Hyundai’s […] More…

Why walk when you can ride? 

Tesla owners drove a Model Y and a Model X to the base camp of Mount Everest at an altitude of over 5,000 metres within five days after a journey of over 2,000 kilometres, partly through very rough terrain. Internal combustion cars have apparently not yet made it to this altitude due to the low […] More…

Nyobolt raises £50 million in funding

British fast-charging battery startup Nyobolt, a University of Cambridge spinout, has raised 50 million pounds in Series B funding led by H.C. Starck Tungsten Powders which will enable the company to begin manufacturing at scale. Nyobolt has been developing battery anodes using niobium and tungsten that could enable electric vehicles to charge in minutes. Nyobolt’s […] More…

British battery maker Nyobolt raises £50 million in funding

British fast-charging battery startup Nyobolt, a University of Cambridge spinout, has raised 50 million pounds in Series B funding led by H.C. Starck Tungsten Powders which will enable the company to begin manufacturing at scale. Nyobolt has been developing battery anodes using niobium and tungsten that could enable electric vehicles to charge in minutes. Their […] More…

Skeleton Technologies to build supercapacitor plant near Leipzig

The Estonian battery specialists from Skeleton Technologies are building Europe’s largest supercapacitor production facility in Saxony with the support of Siemens. Skeleton Technologies is investing 220 million euros in the now announced new production facility in Markranstädt near Leipzig in Saxony. According to the company, 100 million euros will be invested in production and 120 […] More…