• News aggregator on electric cars and electric vehicles (cars, motorcycles, boats, planes).

Indra receives over £20 million in funding

British company Indra announced that it completed its oversubscribed Series B funding round. According to the company, investors paid more than £20 million for Indra to continue its work on bidirectional charging technology. Gulf Oil International led the investment. “This additional investment shows the depth of confidence in our ground-breaking technology as we continue to […] More…

US Hybrid starts production of electric street sweepers

Ideanomics has announced that production has started for 18 hybrid-electric street sweepers featuring its subsidiary US Hybrid’s electric and hybrid electric propulsion kits. In the next steps, the California-based Global Environmental Products (GEP) will manufacture and deliver the sweepers to the California Department of Transportation (Caltrans) in the coming weeks. At the same time, GEP […] More…

Cummins launches zero-emissions solutions brand named Accelera

US engine builder Cummins has launched Accelera, a new brand for its electrification solutions business. Cummins also announces several projects, including the introduction of 1,000 new electric school buses in cooperation with Blue Bird. Accelera is the newest brand of Cummins’ New Power business unit. According to a press release, it will address “key industries” […] More…

Statkraft looks for investors for charging company Mer

Norwegian energy company Statkraft is seeking investors for its charging infrastructure brand Mer. However, the majority of shares – and thus control of the company – are to remain with Statkraft. According to the company, the banks Carnegie and Skandinaviska Enskilda Banken have been engaged as financial advisors for this process. Statkraft, however, intends to […] More…

VW and BMW join price war in China

Volkswagen and BMW have reduced prices for their EVs in China significantly. This comes after a number of carmakers have started offering their electric cars for less to increase sales and reduce inventory in the country. The Volkwagen joint ventures FAW-Volkswagen and SAIC Volkswagen are lowering the prices of its ID. models in China by […] More…

Hero and Zero join forces on premium electric motorbikes

Indian scooter and motorcycle manufacturer Hero MotoCorp and California’s Zero Motorcycles have struck an agreement to combine their strengths to develop premium electric motorcycles and powertrains. Quite literally, going from Zero to Hero, the Californian specialists will lend their developing expertise to the mighty Indian manufacturer to scale up massively and with a look to […] More…

CA: Courier Purolator to spend CA$1 bn to decarbonize operations

Purolator, a courier service owned by Canada Post, will invest one billion Canadian dollars in decarbonising its fleet within the decade. This includes the purchase of more than 3,500 fully electric last-mile delivery vehicles and the electrification of more than 60 terminals. Purolator says this was the most significant single investment in its 60-year history. […] More…