MG Motor has unveiled the new Extended Range variant for its MG4 electric model, making it the first with a range of more than 500 kilometres of WLTP range. The MG4 Extended Range is currently only available in the UK, but will likely be offered in other European countries at a later date. Previous rumours […] More…

Austrian aircraft manufacturer Diamond Aircraft has completed the maiden flight of its all-electric eDA40 training aircraft at the company’s headquarters in Wiener Neustadt. According to the company, the successful first flight is a major step towards certification. Sören Pedersen, Head of Flight Test at Diamond, was at the controls for the first flight, which took […] More…

BMW has presented a special version of its 5 Series Sedan and the all-electric i5 for the Chinese market. Among other things, the China offshoots get a longer wheelbase, more space in the rear and specific design and equipment features. The 5 Series Sedan and the i5 for the Chinese market are produced at BMW […] More…

General Motors’ label BrightDrop is eyeing its next big market. Following the US and Canada, Mexico is next to receive the company’s electric vans as BrightDrop targets fleet customers. The new market entry also marks the end of a challenging period for the GM brand. In Mexico, GM confirmed today that it intends to launch […] More…

The US American charging infrastructure provider Universal EV Chargers has announced the receipt of substantial grants to accelerate the installation of EV chargers throughout Illinois. The Illinois Environmental Protection Agency (IEPA) has awarded competitive grants to deploy 176 new DC fast charging ports at 44 strategic locations across the state. These grants are part of […] More…

EVgo’s Board of Directors has appointed Badar Khan to succeed Cathy Zoi as Chief Executive Officer, effective on 9 November 2023. Zoi will retire as CEO and from the Board following an impactful career. Cathy Zoi oversaw a 957% increase in quarterly revenue since EVgo went public in 2021. Zoi did not disclose her reasons […] More…

The German battery manufacturer Varta plans to continue with the series production of battery cells for electric cars, using anode copper foil supplied by the South Korean company SK Nexilis. According to South Korean media reports, Varta will use SK Nexilis’ copper foil in a production plant for electric car battery cells with an annual […] More…

South Korean battery cell manufacturer LG Energy Solution (LGES) announces a joint venture with Huayou Recycling, a subsidiary of Huayou Cobalt, to set up two battery recycling plants in China. A plant for the pre-treatment of battery scrap will be built in Nanjing, and one for the post-treatment in Quzhou, not far away. The locations […] More…

Samsung SDI plans to expand its battery cell factory in Goed, Hungary, this year to produce large round cells with a diameter of 46 millimetres. BMW is said to be a future customer for these cells. That is what TheElec reports, citing unnamed sources. According to the report, BMW commissioned Samsung SDI to supply round […] More…

The US electric car manufacturer Lucid Motors reports another quarterly loss of more than 700 million dollars, but sees the financing of its business secured until 2025. Meanwhile, the presentation of the electric SUV ‘Gravity’ is scheduled for November. As per the second quarter 2023 financials now released by Lucid, the company posted revenues of […] More…

The US electric bus and battery manufacturer Proterra has filed for Chapter 11 bankruptcy protection. It is effectively an insolvency proceeding in self-administration for reorganisation. The company hopes to strengthen its financial position by recapitalising or selling business units. Proterra intends to continue its business operations during this process. “While our best-in-class EV and battery […] More…

Zachery Kirkhorn has stepped down as Tesla’s Chief Financial Officer (CFO). Kirkhorn is leaving the company after 13 years, four of which he served as CFO, or “Master of the Coin,” as Tesla calls it. He will remain available to Tesla until the end of the year to “support a seamless transition.” His successor has […] More…

The US Securities and Exchange Commission (SEC) has imposed a 1.5 million-dollar fine on the Californian EV startup Canoo for allegedly misleading investors in connection with its IPO. There are also personal consequences for the then CEO Ulrich Kranz. According to its investigation, the SEC believes Canoo deceived investors with unrealistic revenue forecasts of hundreds […] More…

The governments of South Korea and Indonesia have agreed to continue joint investments in electric vehicle and battery production in Indonesia. Moreover, they want to strengthen the supply chain for battery materials such as nickel. That is according to a statement by the South Korean Ministry of Trade, Industry and Energy. However, concrete sums are […] More…

At the end of July, the US Department of Energy (DOE) announced a funding initiative of 10.9 million dollars for 10 projects across nine states to develop technologies to extract and convert battery-grade lithium from geothermal brine sources in the USA. The ten projects are focused on two topic area developments, namely the ‘Field Validation […] More…

In preparation for the city-wide Ultra Low Emission Zone (ULEZ), which applies from 29 August, the City of London launched a scrappage programme for old vehicles. Now, the programme is significantly expanded, and the budget increased. When the programme launched in January, it had a 110 million-pound budget. It was only intended for some, such […] More…

Toyota is planning a joint venture in China with the American-Chinese company Pony.ai to mass produce and deploy driverless electric cars. The joint venture will be founded this year and endowed with a capital of one billion yuan (about 127 million euros). In addition to Pony.ai and Toyota Motor, Chinese subsidiary GAC Toyota Motor Co […] More…

The Japanese government will implement new regulations to ensure that the capacity of fast-charging stations on highways will more than double by the end of this decade – from the current average of 40 kW to 90 kW. “For high traffic areas and other places of heavy demand”, the average power of fast-chargers will increase […] More…

German powertrain supplier Vitesco Technologies has opened a new research and development centre in China. The new R&D centre will develop hardware and software for electric drives. The new research site is located at Vitesco Technologies’ production site in Changchun in Jilin province in north-eastern China and covers an area of almost 8,000 square metres. […] More…

Audi is launching the e-tron GT in China. The all-electric Gran Turismo, which shares the platform with the Porsche Taycan, will launch on the Chinese market at prices starting at 999,800 yuan (around 127,000 euros). The RS variant of the Audi e-tron GT has already been available in China since the end of 2022 at […] More…