Lion Electric has received an order for 35 LionC school buses from Canadian province Prince Edward Island. The manufacturer of all-electric medium and heavy-duty urban vehicles has also secured new US$100 million credit facility. With the new order from Prince Edward Island, Canada’s small province off the west coast, the electric school buses will join […] More…
Author: electrive.com
ChargePoint acquires ViriCiti & has.to.be
In Europe, the US charging provider ChargePoint has acquired electric bus and commercial vehicle management provider ViriCiti for around 75 million euros. This should allow ChargePoint to accelerate the electrification of fleets. After acquiring has.to.be last month for around 250 million euros, this is ChargePoint’s second major acquisition in Europe within a few weeks. Charge […] More…
Freyr considers building battery plant in Finland
The Norwegian company Freyr is taking the first steps towards the construction of another battery cell factory – this time in Finland. For this, Freyr has signed two non-binding letters of intent with the Finnish Minerals Group and the Finnish city of Vaasa. The letter of intent with the city of Vaasa grants Freyr the […] More…
Proterra to source batteries from LG Energy Solution
Proterra has reached an agreement with LG Energy Solution for a long-term supply of cylindrical cells. These will be manufactured at an LG Energy Solution factory in the US and supplied to Proterra plants in North America for the production of battery systems for commercial vehicles. In addition to the US-made battery cells, Proterra and […] More…
Continental & Varta to develop 48-volt battery for bikes
Continental’s development and production service provider Continental Engineering Services (CES) is cooperating with the battery specialist Varta. In an initial pilot project, both partners have developed a replaceable 48-volt battery pack for electric two-wheelers with a drive power of 10 kW or more. In the course of their partnership, CES and Varta want to focus […] More…
Bosch offers battery factory starter set
Bosch has announced that it will now offer its customers factory equipment for battery production from a single source – from individual components to software solutions to complete assembly lines. The first customer has already been found. According to Bosch, the supplier Webasto will equip battery factories with Bosch technology. Bosch will supply automated assembly […] More…
Nio to launch affordable EV subsidiary brand
The Chinese manufacturer Nio is planning a new brand for more affordable electric cars. While Nio wants to be active in the premium segment like Audi or Lexus, the new brand will compete more against Volkswagen and Toyota. Nio CEO William Li announced the new brand when presenting the latest quarterly figures. “The relationship between […] More…
ADS-TEC to hit the NY stock exchange via SPAC merger
ADS-TEC Energy, a provider of battery buffered fast-charging technology, has announced that it is going public on the US stock exchange. For this purpose, the company from Nürtingen near Stuttgart will merge with the SPAC company European Sustainable Growth Acquisition Corp (EUSG), which is already listed there. After completion of the transaction that is expected […] More…
Tesla to release 5 more Model Y variants in Shanghai
Tesla has applied to the Chinese government to produce five more versions of the Model Y at the Gigafactory Shanghai. This may also involve larger batteries for the standard range variants. According to Electrek, some of these versions could be intended exclusively for export, while others are purely for the Chinese market. Among the five […] More…
Total recall for Bolt turns into a horror for GM
The latest recall campaign for the Chevrolet Bolt due to ongoing battery problems is costing General Motors dearly. In its latest financial figures, the company itself has now put a figure on just how expensive: $800 million, or around $11,600 per car. When the recall was launched last year, almost 70,000 vehicles were affected by […] More…