Swiss technology group ABB has raised capital of around CHF 200 million for its E-Mobility division. Shares in the aforementioned amount are being issued as part of a pre-IPO private placement. 200 million Swiss francs currently corresponds to approximately 203.7 million euros. The transaction is expected to close before the end of 2022 and the […] More…

Electric scooter providers Lime, Dott and Tier operate around 15,000 rental scooters in the French capital, but their licences expire in March 2023, and the city council is considering not renewing the permits due to safety concerns. A final decision by Paris Mayor Anne Hidalgo is expected in the coming weeks. Meanwhile, operators are proposing […] More…

The US government is providing funding totalling nearly $74 million for ten projects to advance technologies and processes for recycling and connecting use of electric vehicle batteries in stationary applications. With demand for critical battery materials such as lithium and graphite growing rapidly – the US Department of Energy forecasts 4,000 per cent growth – […] More…

A registration application in China has revealed the first pictures and data on the second model of the Smart brand. Next to a modified body, the model will also have an all-wheel drive with a second electric motor, and at least one more battery option. The second model after the Smart #1 will thus be […] More…

Geely has signed an agreement to license its all-electric Sustainable Experience Architecture (SEA) to ElectroMobility Poland (EMP), a budding electric vehicle manufacturer backed by the Polish government. EMP plans to develop several electric models for its Izera brand. Two show cars were unveiled in July 2020. Already at that time, it was said that the […] More…

Volkswagen’s electric car plant in Zwickau set a production record in the week from 7 to 11 November when 7,100 electric cars were produced, more than in any previous week. This means that the plant is close to reaching its maximum capacity. On average, more than 1,400 electric cars were built daily during the record […] More…

In Germany, Honda has received certification for a fleet of mass-produced electric vehicles for primary control reserve (PRL) prequalification by transmission system operator Amprion as part of a pilot project with Next Kraftwerke. Honda calls it a “significant breakthrough in V2G technology.”  In the pilot project, series-produced Honda e vehicles were used in the pilot […] More…

In the USA, the California Public Utilities Commission (CPUC) has adopted a five-year, statewide, $1 billion transportation electrification program. This encompasses funding for charging facilities for both heavy and light-duty vehicles. The CPUC has the task of regulating services and utilities to protect consumers, safeguard the environment, and assure Californians’ access to safe and reliable […] More…

Tesla has also started to open Supercharger stations in Italy for electric cars of other brands. The Supercharger map in Italy now also includes the note, “This Supercharger is open to Tesla vehicles and Non-Tesla vehicles with CCS compatibility”. This means that in 15 European countries, selected Tesla fast chargers are now also accessible to […] More…

The US electric car subscription service Autonomy has significantly increased its order from the Vietnamese manufacturer VinFast. With the new order, VinFast is now commissioned to deliver more electric cars to Autonomy than Volkswagen. Autonomy initially ordered 22,790 electric cars from 17 carmakers in August, including 400 from VinFast. Autonomy is now commissioning VinFast to […] More…

In Germany, the electric retrofitter Pepper Motion and the solar electric car developer Sono Motors are cooperating in a joint project to integrate a solar retrofit solution for commercial vehicles. The first vehicle equipped with Sono’s “Solar Bus Kit” is a converted Mercedes Citaro. Sono Motors presented its Solar Bus Kit in the summer in […] More…

General Motors has agreed with Vale Canada on a long-term supply of nickel for its electric car batteries. Vale is to supply 25,000 tonnes of battery-grade nickel sulphate annually from the second half of 2026. The material is to come from the planned plant in Bécancour. GM wants to use the nickel in the cathodes […] More…

The US electric car manufacturer Lucid Motors has opened its first sales outlet in Switzerland. The Lucid Studio at Cours de Rive 10 in Geneva is the company’s second location in Europe after the store in Munich, which opened in May 2022. Further expansion in Europe is planned for the future, including additional locations in […] More…

The Chinese electric car manufacturer Nio is tackling its next European market with Sweden. After the pilot market in Norway and the recent first deliveries in Germany and the Netherlands, Sweden is the fourth European market for Nio. After Nio celebrated its European market launch in Berlin a month ago and handed over the first […] More…

Great Britain is abolishing the vehicle tax exemption for electric vehicles. As announced by the British Ministry of Finance, from 1 April 2025, the so-called Vehicle Excise Duty (VED) must also be paid for electric cars, vans and motorbikes – but initially at a manageable rate. In the first year, the lowest VED rate, currently […] More…

After withdrawing from Germany and other countries, the US bike & scooter rental company Bird announced that its sales for the last two years were overstated due to incorrect bookings. A bankruptcy filing cannot be ruled out. In terms of specific numbers, Bird closed out the third quarter of 2022 holding $38.5 million in free […] More…

SWTCH Energy, a company for EV charging solutions for multi-tenant properties across North America, and the Electric Circuit, the Canadian network owned by HydroQuébec, have made their charging stations and apps interoperable. In practice, SWTCH and Electric Circuit account owners can charge on either network through their preferred mobile app without creating another account. SWTCH […] More…

Brooklyn-based e-mobility and infrastructure company Revel has completed a $50 million debt financing with BlackRock Alternatives. Revel will use the funds for its EV fast-charging Superhubs, which the company wants to install in urban areas across the USA. The investment follows Revel’s $126 million Series B funding round announced in February this year and was […] More…

Production of the Fisker Ocean has started on schedule at the contract manufacturer Magna in Graz. However, production of the electric SUV, for which Fisker has registered more than 63,000 reservations so far, is not expected to really pick up speed until next year. In addition, the configurator with the final prices is now online. […] More…

UK engineering firm Ricardo has signed a memorandum of understanding with Slovakian battery company InoBat to jointly supply battery cells, modules and packs to high-performance automotive manufacturers for vehicle electrification programmes. The gist of the Memorandum of Understanding is that Ricardo and InoBat will cooperate on the assembly, production and testing of cells, modules and […] More…