LG Energy Solution has concluded a binding long-term purchase agreement with Australian Mines for nickel and cobalt. The battery manufacturer thus secures access to 71,000 tonnes of nickel and 7,000 tonnes of cobalt for six years from the end of 2024. The South Korean manufacturer will purchase the entire production from Australian Mines Limited. According […] More…
Author: electrive.com
Ola Electric presents first scooter model
The Indian manufacturer Ola Electric has presented its new electric scooter, which will be available in two variants (S1 and S1 Pro). Unlike their predecessors, the two new models are not only made for the Indian market but will also be exported to other countries. Both models have an output of 8.5 kW but can […] More…
Hyzon to deliver 85 H2 trucks to Europe by year’s end
Hyzon Motors has started delivering its first fuel cell trucks to European customers. The company is also preparing to launch its first customer trials in the US. Hyzon Motors plans to deliver a total of 85 fuel cell trucks by the end of this year. The fast-growing company made the announcement during its second quarter […] More…
Faurecia acquires majority stake in Hella electronics
The French automotive supplier Faurecia has acquired a 60 per cent stake in the German lighting and electronics specialist Hella. The two companies aim to expand their market positions together, particularly in key growth areas such as electromobility. By combining their activities, Faurecia and Hella will become the seventh-largest automotive supplier worldwide. After taking over […] More…
Mercedes’ Nyck de Vries is Formula E World Champion
In their second season in the ABB FIA Formula E World Championship, the Mercedes-EQ team have scored two world champion titles. Nyck de Vries took the drivers’ title after the season finale in Berlin, while his Mercedes-EQ team also secured the world championship title for teams. Even so, the future of the Mercedes works team […] More…
Heliox enters V2X partnership with Fermata Energy
The charging system manufacturer Heliox has entered into the vehicle-to-everything (V2X), smart energy management business through a newly formed partnership with Fermata Energy. At the same time, Heliox has announced a new 20kW bidirectional V2X charger. The new charger will exclusively be available in the U.S. market, launching later this year through the partnership with […] More…
Polestar 2 priced in the USA
Swedish electric vehicle brand Polestar announced the extended range, lower pricing, and bespoke configuration for the model year 2022 Polestar 2 in the USA. Prices for the single motor version start at $45,000 before subsidies. Polestar’s upgrade for their second model centres around the addition of a new single motor powertrain, which, Polestar says, makes […] More…
CATL aims for $9 billion in financing via share issue
The Chinese battery cell manufacturer CATL wants to raise the equivalent of about 9 billion US dollars by issuing shares to finance six projects to increase its production capacity of lithium-ion batteries. The sum of 58.2 billion yuan is equivalent to about 7.63 billion euros. According to Reuters, this will mainly involve projects in China, […] More…
Laschet meets Musk at the Giga Berlin
German chancellor candidate Armin Laschet (CDU) met with Elon Musk on his tour of the Giga Berlin factory. The candidate is known for his ability to sometimes place his foot in his mouth, and this meeting did not disappoint. Laschet asked Musk what the future of propulsion for cars is: hydrogen or battery electric. Elon […] More…
Lordstown considers letting other manufacturers into their factories
The financially troubled electric car start-up Lordstown Motors has a new idea to raise fresh capital: The company could share its production facility with other carmakers. Lordstown is currently having “serious discussions with several potential partners” in this regard, Angela Strand, the company’s executive chair, told a conference call to discuss its latest quarterly results. […] More…
NatWest bank to install 600 chargers by 2023
The British National Westminster Bank (NatWest) wants to install 600 charging points at its locations by 2023. The charging points will also be available for use by the bank’s customers. The contract to supply the charging infrastructure goes to the Engie brand Equans. The company itself wants to convert its fleet to 300 electric vehicles. […] More…
Technotrans to deliver battery cooling systems for trains
Technotrans, the technology and services group based in Sassenberg in Münsterland, has been awarded two follow-up contracts in the field of electrified rail transport. More than 100 battery cooling systems are to go to two battery manufacturers, the order volume is in the seven-figure range. The products for the orders are customised solutions tailored to […] More…
Samsung SDI considers battery plant in Illinois
The South Korean battery manufacturer Samsung SDI is considering building a cell factory in the US state of Illinois. Specifically, the town of Normal is mentioned as the location. This is hardly surprising, as Normal is also home to the vehicle plant of partner Rivian. The news was broken by state senator Dick Durbin, who […] More…
BYD completes first Tang deliveries in Norway
BYD has handed over the first units of its all-electric SUV model Tang to customers in Norway. BYD plans to deliver 1,500 units of the electric vehicle in Norway by the end of this year. According to the Chinese company, the first 100 Tang EVs were handed over to customers at an event in Oslo […] More…
Foxconn to build factories in the USA and Thailand
Contract manufacturer Foxconn plans to build factories for electric cars in the USA and Thailand in 2022 – production is scheduled to start in 2023. Later, plants could also follow in Europe. The company made the announcement in a conference call for investors. According to Foxconn CEO Liu Young-way, Hon Hai, as the company is […] More…
A vehicle that brings music to your ears
Yamaha is developing a sound module for electric cars that imitates engine sounds. There is a choice of sounds from combustion engines or other sounds, such as a Star Wars theme. The idea to give electric vehicles other sounds is not new. For example, Danni Venne, the lead producer and creative director for the Nissan […] More…
Lion Electric scores new order and $100 million credit
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…
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…