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

StoreDot secures $80 million in funding

Israeli battery developer StoreDot has announced the first close of its Series D funding round of up to $80 million, the majority of which has already been secured. The main investor is the up-and-coming Vietnamese electric car manufacturer VinFast, with whom StoreDot had previously entered into a development cooperation. BP Ventures, the investment arm of […] More…

Wallbox reveals Quasar 2 charger for N.America

Spanish charging station manufacturer Wallbox has announced the introduction of Quasar 2, the latest generation of its bidirectional home charger designed specifically for the North American market. Quasar 2 retains the advanced features and functionality of its predecessor, Quasar, but now additionally offers bidirectional home charging, CCS compatibility and what the company calls “blackout mode”. […] More…

LG Chem announces new cathode plant

LG Chem will invest 475.4 billion won (about 354 million euros) in a cathode materials plant, according to the Korean Ministry of Trade. Construction of the plant with a planned annual capacity of 60,000 tonnes in the South Korean city of Gumi is to begin this month. Commissioning by subsidiary LG Battery Core Material is […] More…

Change in management strategy at Aiways

Chinese electric car manufacturer Aiways is reshaping its management team to gain more market share in its home market: Aiways has secured a new round of financing worth hundreds of millions of dollars, according to local media reports, involving a major restructuring of the management team – and arguably a change in strategy. Former Nio […] More…

Ioniq’s turn for recalls

Hyundai has to recall 2,679 units of the all-electric Ioniq EV in the US. The reason is an electronic fault in the CAN bus system that can put the car into a “fail-safe” mode. If this happens, the EV sign lights up in the instruments and the electric car is only on the road with […] More…

CALB to build battery plant in Europe

The Chinese battery manufacturer CALB (China Lithium Battery Technology) is now also planning a factory in Europe. An annual capacity of 20 GWh is planned. There is no further information on the location and timetable so far – but Germany seems to be in the running. For the construction of the battery factory, the Chinese […] More…