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 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…

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…