Australian fuel cell vehicle developer H2X has secured a $57m investment agreement from Verde Mobility, which will drive the deployment of its vehicle range to customers in Asia, India, Australia, and Europe. The agreement will provide immediate growth to H2X as it will finance the delivery of its $25.7 million in firm vehicle orders while […] More…

BP-backed FreeWire Technologies presents Mobilyze Pro, an AI platform designed with charge point operators in mind. The tools are to predict the best locations to deploy fast charging stations and forecast operational costs and best returns. The platform leverages AI to combine public and proprietary datasets, which feed into tools to predict site utilisation, recommend […] More…

Accure Battery Intelligence, a provider of predictive analytics software to optimise battery safety, performance and lifetime for electric vehicles, stationary energy storage and other applications, has closed a €7.2 million ($7.8 million) funding round. Accure plans to use the investment to continue its international growth. The funding round was led by Blue Bear Capital and […] More…

Hyundai has started series production of the new Kona electric at its plant in Nošovice, Czech Republic. Hyundai plans to produce around 21,000 units by the end of this year and another 50,000 next year. In the UK, the new generation of the all-electric Hyundai Kona will be offered at list prices starting at 34,995 […] More…

Swedish tech company Charge Amps is in Chinese hands after NaaS Technology acquired the company for 724 million kronor (66.4 million dollars). NaaS runs an extensive network in China with over half a million charge points and scored another significant cooperation. Staying with the deal at hand, Charge Amps first became known for its temperature-sensing […] More…

Primobius, the battery recycling joint venture between the German engineering company SMS Group and the Australian battery material manufacturer Neometals, has been awarded the contract to build a shredder plant (‘Spoke’) for lithium-ion batteries at Mercedes-Benz in Kuppenheim. The new facility is expected to provide a processing capacity of ten tonnes per day. Mercedes-Benz laid […] More…

Jaguar Land Rover is cooperating with British Wykes Engineering to harness solar and wind power in spent Jaguar I-Pace batteries. The first three projects are lined up and could result in one of the largest renewable energy storage systems in the UK. JLR already tasked Wykes Engineering with developing a battery energy storage system (BESS) […] More…

The Fiat house tuner Abarth is also planning a performance version for the recently presented Fiat 600e. That the Abarth 600e is coming is considered certain, as to when – a British media report now speculates about a market launch in 2025. Olivier François, CEO of Fiat and Abarth, told the British portal Autocar that […] More…

Canada’s intelligent home energy company dcbel announced the closing of a 50 million dollar Series B round. Following the close, Idealist Capital joined existing investors Volvo Cars, Coatue, Kevin Mahaffey, and Real Ventures. This up-round financing will enable dcbel to accelerate delivery of the Home Energy Station within its targeted territories. The product integrates renewable […] More…

According to CEO Andy An, Geely’s premium electric brand Zeekr wants to increase its annual sales to 650,000 electric cars by 2025 and is planning more models for this purpose. But sales are also expected to increase through expansion into other markets. Zeekr delivered 71,941 electric cars in 2022 and plans to nearly double that […] More…

BYD will expand its electric car range in Europe with a sixth model. It will be called the ‘Seal U’, an SUV offshoot of the Seal sedan. The vehicle will be presented at the IAA Mobility in September along with five other vehicles for Europe. The BYD Seal U (U stands for “utility”) will be […] More…

Siemens and Heliox have signed an agreement for Siemens to acquire the Dutch charging infrastructure firm. Siemens wants to incorporate Heliox’s power charging solutions focused on heavy-duty EVs into its e-mobility portfolio. The merger will also extend Siemens’ market reach, primarily in Europe and North America, while improving capabilities in power electronics, reads the statement. […] More…

VW has long announced a sporty compact car based on the ID.3 but has yet to bring it to market. And until the Cupra Tavascan with its revised drive generation arrives, the ID.5 GTX is the sportiest electric Volkswagen out there. But how close does the GTX come to the legendary GTI? *** The first […] More…

Rimac has clearly broken the record last held by Tesla for the fastest production electric car on the Nürburgring Nordschleife. With a lap time of 7:05:298 minutes, the Rimac Nevera was around 20 seconds faster than the Tesla Model S Plaid at 7:25.231. Rimac had previously broken a number of world records with the electric […] More…

Freudenberg Sealing Technologies has developed thermal barriers that help to slow down or even stop thermal runaway. Initial series production is underway, and Freudenberg expects its new 3D geometries to become bestsellers. In technical terms, thermal runaway is the ignition or explosion of a battery cell caused by a self-reinforcing heating process initially caused by […] More…

The new Fuso eCanter is making its way to one of Fuso’s largest markets in South America. The remodelled eCanter, presented in September 2022, will go on sale in Chile later this year. The vehicle was unveiled for the first time to domestic customers at an event on 17 August. The eCanter for Chile will […] More…

The US military is looking to deploy tiny electric vehicles; at least, that is what a new deal with Arcimoto suggests. The EV startup said on Monday it scored a partnership with Department of Defense contractor Matbock. Best known for its doorless “fun utility vehicles” or e-trikes and a truly tiny box truck, the contract […] More…

The Ssangyong successor company KG Mobility is negotiating with BYD on the construction of a joint battery cell factory in South Korea. KG Mobility has apparently confirmed the plans in principle, but details such as the location and capacity still need to be decided. This was reported by The Korea Economic Daily, who states that […] More…

Swedish battery manufacturer Northvolt is raising an additional 1.2 billion US dollars in capital from investors to finance its further expansion in Europe and North America. According to Northvolt, the new financing round is an extension of the $1.1 billion convertible bonds signed in July 2022. The backers of the extension include the Investment Management […] More…

Automobili Pininfarina has unveiled an electric open-top supercar at Monterey Car Week in California. The model, called B95, will be available to buy, but only for a highly exclusive clientele. Automobili Pininfarina wants to produce no more than ten B95 hypercars and deliver from 2025 – at a price of at least 4.4 million euros […] More…