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

Einride collects half a billion in funding

Swedish electric transport specialist Einride has secured $500 million in funding, which includes both a $200 million Series C equity raise and a $300 million credit facility. The capital raised via Series C round comes from Swedish pension fund AMF, EQT Ventures, Northzone, Polar Structure, Norrsken VC and Temasek and includes a $90 million convertible […] More…

Caltrans orders 399 Tesla Model 3

Tesla has received its largest known order to date from a US federal or state government agency. The California Department of Transportation (Caltrans) has ordered 399 Model 3s in the RWD variant from Tesla. A spokesperson for the agency confirmed the order to Drive Tesla. Caltrans has already received 236 of the Tesla Model 3s […] More…

BYD to build vehicle plant in Europe

BYD wants to build electric cars in Europe in the future. According to the Chinese manufacturer, this is to support the rapid market ramp-up on the continent. A quick decision seems likely. As BYD manager Stella Li told Bloomberg, the Chinese manufacturer is planning at least one passenger car plant on the European continent. “Yes, […] More…