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

Munro Vehicles receives £750,000 investment from Elbow Beach

Glasgow-based electric 4X4 manufacturer Munro Vehicles has received £750,000 in seed investment from Elbow Beach Capital, a private investment company focused on sustainable energy, transition technology and social impact businesses. Munro is known for having developed a fully electric 4×4, which was tested and is to be built in the UK. Production of the ‘Mark […] More…

Hindenburg Research takes aim for Mullen

Hindenburg Research is once again making serious allegations of fraud against an electric car start-up. This time, the US company Mullen Automotive has been targeted by the short seller. Hindenburg accuses Mullen of having deceived its investors. This applies both to Mullen’s recently reported progress in the development of solid-state batteries and to claims of […] More…

Mercedes-Benz opens software integration plant in Sindelfingen

Mercedes-Benz has put its so-called Electric Software Hub into operation at the Mercedes Technology Center (MTC) in Sindelfingen. Numerous software, hardware, system integration and testing functions are located there under one roof. The company has invested more than 200 million euros in the centre. With the Electric Software Hub, Mercedes-Benz is strengthening the role of […] More…

Uniti files for insolvency

uniti-one-2019-002-minThe Swedish electric car start-up Uniti has filed for insolvency. The company announced on LinkedIn that it had not been able to raise enough capital. The move does not come as a surprise. Uniti had already warned of possible insolvency in December 2021. These financing problems for Uniti have been dragging on for some time. […] More…