The Bank of Australia will stop granting new fossil fuel car loans from 2025. A post on their website explains, “We’ve chosen 2025 because the change to electric vehicles needs to happen quickly.” The reasoning behind the move is that the Bank says that it doesn’t want to “lock our customers into higher carbon emissions […] More…

The Mexican government has founded a state-owned company to extract and market lithium. According to a decree by President Andrés Manuel López Obrador, the raw material is to be produced and distributed exclusively by Litio para México. The company aims to start operations in six months at the latest. The company is called Litio para […] More…

Kia just debuted the EV6 GT at a motorsport event in the States, saying this most potent offspring of the EV6 family will hit the US market this winter. Pricing has yet to be revealed, but the spec sheet (and our testing) remains promising. The EV6 GT builds on Kia’s EV6, the brand’s first electric […] More…

The EV start-up Canoo and its main client Walmart launched real-world deliveries in a 7-days-a-week program in the Dallas Fort Worth metroplex (DFW). Canoo will finalise configuring the all-electric vans according to Walmart’s requirements following their significant order. The US retail giant had signed a binding agreement with Canoo to buy 4,500 all-electric vans, starting […] More…

Orange EV, a manufacturer of electric trucks in the USA, has closed a $35 million institutional funding round led by S2G Ventures and CCI. The fresh funds should support and accelerate the company’s growth and allow it to scale its manufacturing and develop new technologies. The truck-maker says it has more than 450 heavy-duty electric […] More…

Australia’s Tritium has opened its factory in the state of Tennessee. President Joe Biden had endorsed the company’s US plant when announced earlier this year since it follows his ‘Buy American’ policy. The Tennessee facility was announced in February at a press event at the White House with President Biden, National Climate Advisor Gina McCarthy […] More…

The German press manufacturer Schuler Group has taken over Italy’s Sovema and wants to provide battery cell production systems for the automotive industry and other sectors. The aim is to develop machines and production lines for the mass production of lithium-ion batteries. The German company has not disclosed the purchase price or further details of […] More…

Nissan will start the upcoming Formula E season with a new driver duo. The current drivers Maximilian Günther and Sebastien Buemi will be replaced by Norman Nato and Sacha Fenestraz. Norman Nato from France was already a regular driver in Formula E (with one race win). In the past season, he was active as a […] More…

Nissan will start the upcoming Formula E season with a new driver duo. The current drivers Maximilian Günther and Sebastien Buemi will be replaced by Norman Nato and Sacha Fenestraz. Norman Nato from France was already a regular driver in Formula E (with one race win). In the past season, he was active as a […] More…

The Chinese electric car manufacturer Xpeng has just presented its financial data for the second quarter of 2022. Compared to the same period last year, sales and revenue almost doubled while losses also increased. Xpeng delivered 34,422 cars from April to June, which is 98 per cent more than in the same quarter last year […] More…

The new EU project REEsilience focuses on the supply chain for rare-earth-based magnetic materials in Europe. These magnets are crucial in building wind turbines, sensors, and especially electric vehicles. Magnetic rare earth elements (REE) such as neodymium form part of permanent magnets as used in permanently excited synchronous motors. Although the EU is a world […] More…

Yet another Chinese car manufacturer has now announced that it will stop selling pure combustion vehicles. Great Wall Motor’s Haval brand will focus exclusively on the sale of New Energy Vehicles (NEV) from 2030. Pure electric (BEV), fuel cell vehicles (FCEV) and plug-in hybrids (PHEV) are expected to account for 80 per cent of the […] More…

The British Government has selected nine local authorities to develop over a thousand charge points for electric cars. The new EV infrastructure will spring up in England, including Durham, Nottinghamshire, and Suffolk. This latest funding comes through the £450 million Local Electric Vehicle Infrastructure (LEVI) fund the Government announced in March. It is part of […] More…

BYD recently announced its market entry with passenger car models in a number of European countries. German media has now leaked exactly which models the Chinese manufacturer plans to offer in Europe. According to the report, BYD’s service in Europe will be purely electric. According to German media reports, the three series planned for Europe […] More…

The Indonesian public transport operator Transjakarta has started a project to convert existing diesel buses to electric drive. For this purpose, the bus operator in the Indonesian capital Jakarta has signed an agreement with VKTR Teknologi Mobilitas and Equipmake. Initially, a number of buses will be converted as prototypes to be tested by Transjakarta. If […] More…

Steer EV, an electric car subscription service from Canada, has announced that it will lease more than 1,000 electric cars worth between 80 and 150 million US dollars through a cooperation with Enterprise Fleet Management. The new vehicles should enable Steer EV to drive its expansion in the USA. According to the company’s website, Steer […] More…

Chinese electric car manufacturer Nio has begun testing battery swap stations that can feed power back into the grid. This comes against the backdrop of the current heat wave in China, which has already led to a number of power outages. As Nio explains in a post on Weibo, the company’s battery swap stations are […] More…

During the German Chancellor Scholz’s visit to Canada, Volkswagen and Mercedes Benz signed agreements with the Canadian government to secure access to key battery raw materials such as lithium, nickel and cobalt, according to media reports. Chancellor Scholz has also secured a deal to supply Germany with green hydrogen. In terms of the German carmaking […] More…

Hyzon Motors, a manufacturer of H2 fuel cell commercial vehicles, has replaced former CEO Craig Knight. The post will now be held by the company’s former Chief Strategy Officer Parker Meeks, who has become Interim CEO. Craig Knight is also leaving the role of director of Hyzon Motors. The Board of Directors appointed Meeks, saying […] More…

The Norwegian battery company Freyr has opened its first technology centre in the USA. It is located in Boston with partner 24M Technologies. While Freyr continues to search for a location for its announced US battery cell factory, the new centre is intended to support technological development. Freyr is reportedly working with its joint venture […] More…