Polestar presents its financial results for the first six months of 2022. Volvo-born electric car brand reports nearly doubling its revenue, mainly driven by sales of the Polestar 2, the company’s first purely electric vehicle. Other segments, however, required investment. Polestar revenue increased by $506.5 million, or 95%, thanks to these EV sales paired with […] More…
Author: electrive.com
Porsche twins Taycan & Panamera EVs to lead into new era
Porsche is readying a second generation of the triumphant Taycan EV in 2027, then pairing it with an all-electric Panamera. Volkswagen’s most premium brand is executing its new “electrified luxury” plan, which will see six EVs by the end of this decade. But first to the Porsche Taycan and Panamera – the next-gen models will […] More…
Porsche twins Taycan & Panamera to lead new EV era
Porsche is readying a second generation of the triumphant Taycan EV in 2027, then pairing it with an all-electric Panamera. Volkswagen’s most premium brand is executing its new “electrified luxury” plan, which will see six EVs by the end of this decade. But first to the Porsche Taycan and Panamera – the next-gen models will […] More…
Lightning is building electric vans for GoBolt
GM associate Lightning eMotors and Ikea Partner GoBolt have agreed to build 170 zero-emission cargo vans and box trucks to be deployed across North America. Lightning will also provide charging infrastructure. Lightning eMotors will deliver 70 Class 3 cargo vans and 100 Class 5 electric box trucks. Deployment of the smaller electric vans is already […] More…
Bosch to produce fuel cell stacks for H2 trucks made in America
Bosch announces its first fuel cell stack production in the United States, bolstered with over $200 million investment. The new lines will go live at the supplier’s Anderson factory, South Carolina, and Bosch expects the stacks to power Class 8 hydrogen trucks from 2026. The extension is underway and expected to create at least 350 […] More…
Bosch will produce fuel cell stacks in the US
Bosch announces its first fuel cell stack production in the United States, bolstered with over $200 million investment. The new lines will go live at the supplier’s Anderson factory, South Carolina, and Bosch expects the stacks to power Class 8 hydrogen trucks from 2026. The extension is underway and expected to create at least 350 […] More…
Low-cost EV financing for Uber drivers through Moove
Moove, an African-born fintech start-up, has struck a deal with Uber in London. Moove will provide Uber drivers with electric vehicles through its latest rent-to-buy model. Moove aims to be the largest EV partner on Uber’s platform in London, with plans to scale to 10,000 cars by the end of 2025. There are 6,000 EVs […] More…
Robotic charging project will launch real-world testing
A robotic charging consortium with mighty players such as Ionity, Porsche, BMW, Ford, Mercedes-Benz, TÜV Süd and others has formed in Germany. Under ROCIN-ECO, they want to drive standards for automated charging and deliver demonstrators at test sites. According to project partner Rocsys, already a provider of autonomous charging solutions, the consortium’s vision is to […] More…
Tesla could build new battery assembly at Fremont
Tesla wants to assemble battery modules at its electric car plant in Fremont, California, at least according to an application filed with the city of Fremont. The extension appears in line with other plans to expand production. The company has filed for permission to install a battery production line on the second floor of the […] More…
Oliver Blume suceeds Herbert Diess as Volkswagen CEO
As of today, Oliver Blume acts as CEO of both Porsche and the Volkswagen Group. He succeeds Herbert Diess as announced and sets the course right from the start. German media has learnt that Blume will reduce the Board of Management to take decisions more quickly. Specifically, this concerns Hildegard Wortmann (sales) and Murat Aksel […] More…
BMW starts producing H2 fuel cells for IX5 hydrogen
BMW has started its own production of fuel cells for the iX5 Hydrogen at the Hydrogen Competence Center in Munich. The reason for this is the small series of the iX5 Hydrogen, which is to be used worldwide for testing and demonstration purposes from the end of this year. Preparations for small-scale production have already […] More…
How to watch self-driving racing cars at a safe distance
Roborace will be the world’s first racing series for autonomous electric vehicles. The electric racing vehicles are controlled by an AI and are operated without a driver in the vehicle. Originally announced as a global framework series for Formula E, Roborace has instead become a racing series in its own right. The British company Kinetik […] More…
EIB funds Mahle for low- & zero-emission technologies
Automotive supplier Mahle is receiving a loan of 300 million euros from the European Investment Bank (EIB) for the development of new technologies related to zero- and low-emission technologies such as battery electric vehicles, plug-in hybrids and hydrogen fuel cell vehicles. Mahle’s projects include investments in technologies such as electric motors, battery components, power electronics, […] More…
SVOLT now producing prototype solid-state cells
SVOLT has followed up on its recent success in solid-state batteries. The company now produced a prototype batch of 20 Ah cells with a solid electrolyte based on sulphide. SVOLT also delivers the first promising numbers. The prototype solid-state cells have an energy density of 350-400 Wh/kg. This is in line with SVOLT’s earlier tests, […] More…
BHP mining truck fleet in Chile to be electric by 2023
Mining group BHP and construction equipment manufacturer Caterpillar have signed an agreement to electrify BHP’s entire truck fleet at the Escondida copper mine in Chile. The first Caterpillar 798 AC electric dump trucks are to be delivered in the second half of 2023. The agreement is part of the strategic equipment renewal process developed by […] More…
Watertaxi Rotterdam launches first hydrogen boat
Dutch operator Watertaxi Rotterdam has launched its first hydrogen boat. The H2 water taxi dubbed MSTX 22 integrates components from various providers, including EKPO and the so-called SWIM consortium of Enviu, Flying Fish and zepp.solutions. The MSTX 22 has room for up to twelve passengers, and Watertaxi Rotterdam will use it in regular ferry services. […] More…
Osprey high-power charging coming to British Garden Centres
British Garden Centres have selected British charge point operator Osprey Charging to provide ultra-rapid EV charging (150 kW) at its UK stores. Twelve high-power charging hubs are confirmed, with sizes varying on each site. The British Garden Centre in Carmarthen, Wales, will be the first to offer Osprey fast-charging with a hub comprising eight ultra-rapid […] More…
Toyota invests billions in battery production
Toyota has decided to invest up to 730 billion yen (approximately $5.6 billion) in battery production for battery electric vehicles in Japan, and the US, which should start between 2024 and 2026. With these investments, Toyota aims to increase its battery production capacity by up to 40 GWh in total. Toyota and Lexus plan to […] More…
Flanders tasks TotalEnergies to install 4,400 charge points
The Flemish government has commissioned TotalEnergies to install and commercially operate a charging network for electric vehicles. France’s oil corporation will establish 4,400 AC charge points in the West Flanders and Flemish Brabant regions over the next two years. Flanders has further contracted TotalEnergies to operate the 22-kW charge points under their brand for twelve […] More…
Skoda to launch 3 new electric cars by 2026
Skoda is accelerating and expanding its electric car plans. The Czech VW brand will launch three new purely electric models by 2026 brought forward from 2030. The new models will be a compact car, a compact SUV and a seven-seater SUV. The Vision 7S show car that has just been unveiled not only provides a […] More…

