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

CALB plans to hit the stock market

The Chinese battery manufacturer CALB (China Lithium Battery Technology) is planning its IPO in Hong Kong. In doing so, CALB wants to raise about one billion US dollars – currently about 880 million euros – to finance further growth. The company has already applied for an overseas initial public offering of shares on 29 December […] More…

Vitesco receives order worth billions for 800V inverter from the USA

Vitesco Technologies has received a major order worth more than one billion euros from an unnamed American car manufacturer. In return, the German company will “supply millions of 800-volt inverters with silicon carbide technology for electric vehicles”. Together with the order from the USA, Vitesco is publicising the expansion of its production activities to North […] More…

GM-backed Pure Watercraft shows electric pontoon in Vegas

Pure Watercraft, a Seattle-based developer of electric boating solutions, has brought an electric pontoon to CES that incorporates GM technology. The company says pre-orders are open and hopes to begin deliveries before the year’s end. General Motors reportedly acquired a 25% stake in Pure Watercraft in November last year without disclosing many details. The electric […] More…

ALD to take over Leaseplan

ALD Automotive, the leasing and mobility subsidiary of the major French bank Société Générale, has announced that it will take over its competitor Leaseplan for 4.9 billion euros. The joint venture NewALD is to grow primarily with e-mobility services. The merger is expected to create NewALD, a new fleet giant with 3.5 million vehicles and […] More…