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

Hyundai subsidiary Supernal announces aerial taxi plans

Hyundai Motor Group has unveiled its new company called Supernal. The establishment of the subsidiary is related to Hyundai’s increased involvement in its Urban Air Mobility business, which aims to advance the group’s vision of future mobility in urban environments. The US-based Hyundai subsidiary plans to develop several electric air vehicles. The first commercial flight […] More…

Ford & Purdue to improve charging via cooling

Together with researchers from Purdue University in the US state of Indiana, Ford wants to develop a charging cable that, thanks to a special cooling mechanism, is supposed to be “significantly more efficient than usual products” and reduce charging processes “theoretically” to the length of a conventional refuelling process. According to Ford, the core of […] More…

Johnson Matthey withdraws from battery business

johnson-matthey-battery-systems-symbolbildThe British chemical company Johnson Matthey has surprisingly announced its withdrawal from the business with battery materials for the automotive industry. Johnson Matthey cites growing competition as one of the reasons for its decision. It has concluded that “the potential returns from our battery materials business will not be sufficient to justify further investment”, according […] More…

Nio remains in the red

The Chinese electric car manufacturer Nio has presented its financial figures for the third quarter of 2021. Although the still young manufacturer was able to significantly increase its quarterly sales, the bottom line remains in the red. Nio’s total revenue from July to September was around 9.8 billion yuan (about 1.5 billion euros), up 116 […] More…

ACM Adaptive City Mobility is apparently broke

The electric car start-up ACM Adaptive City Mobility from Munich has filed for insolvency at the competent district court. However, the company is also looking for further investors to continue the vehicle development. As reported by the German publication Automobilwoche, the well-known insolvency expert Michael Jaffé has already been appointed as insolvency administrator. According to […] More…

Too many scooters on Swedish streets

Stockholm wants to almost halve the number of electric kick scooters in circulation around the Swedish capital. The city council voted to limit the number of registered electric scooters from the current 23,000 to 12,000 and to reduce the number of registered rental companies from the current eight to three. The new scooter restrictions are […] More…

EV100 initiative gains seven new members

The Climate Group’s EV100 initiative has gained seven new members. As usual with the initiative, the members commit to completely electrifying their company fleets by 2030. The corresponding seven fleets represent over 250,000 vehicles. The new EV100 members are the British companies M Group Services and Kier, SK Networks from South Korea, Nichicon from Japan […] More…

Daimler Trucks and Total join forces on H2 infrastructure

Truck manufacturer Daimler Truck and the energy group Total have signed an agreement to work together on the development of a hydrogen infrastructure for heavy trucks in the European Union. The two corporations will initial focus on Germany, the Netherlands, Belgium, Luxemburg and France. Daimler says that the cooperation includes the procurement of hydrogen, including […] More…

NFI & Li-Cycle to cooperate on battery recycling

In North America, bus manufacturer NFI Group and recycling company Li-Cycle are cooperating to offer battery recycling to public transport customers there. The partnership builds on a successful pilot e-bus battery recycling programme between NFI subsidiary New Flyer and Li-Cycle. We reported on the completion of this pilot earlier this year. New Flyer supplied Li-Cycle […] More…

FastNed raises charging prices

The fast-charging provider Fastned is increasing its prices in several countries in continental Europe. The new prices come into effect on 11 November 2021 from 12 noon. The price increase is in response to ever-increasing overall energy prices, despite the fact that FastNed exclusively uses renewable energy. “We don’t like to do this.” Fastned says. […] More…

Evergrande NEV to raise capital via shares

Evergrande New Energy Vehicle plans to raise fresh capital by issuing more shares to six investors. Specifically, about 174.8 million shares at HK$2.86 each will be placed for expected gross proceeds of about HK$500 million (55.5 million euros). The company plans to use the proceeds for research and development and vehicle production. But the capital […] More…

Rivian hits the stock market

The US electric car manufacturer Rivian is now completing its announced US IPO and placing 153 million shares on Wall Street at 78 US dollars each. Rivian is now listed on the Nasdaq Global Select Market under the ticker symbol RIVN. Rivian is making its debut on Wall Street on its own and is not […] More…