The British chemical company Johnson Matthey has surprisingly announced its withdrawal from the business with battery materials for the automotive industry. Johnson Matthey cites growing competition as one of the reasons for its decision. It has concluded that “the potential returns from our battery materials business will not be sufficient to justify further investment”, according […] More…
Category: Electrive
Nio remains in the red
The Chinese electric car manufacturer Nio has presented its financial figures for the third quarter of 2021. Although the still young manufacturer was able to significantly increase its quarterly sales, the bottom line remains in the red. Nio’s total revenue from July to September was around 9.8 billion yuan (about 1.5 billion euros), up 116 […] More…
Lightning eMotors places major order with Proterra
Lightning eMotors has contracted Proterra to supply battery systems with a total capacity of more than 900 megawatt hours for use in up to 10,000 electric commercial vehicles between 2022 and 2025. The new order builds on the partnership between the two companies announced in March and expands it to include batteries for additional vehicle […] More…
ACM Adaptive City Mobility is apparently broke
The electric car start-up ACM Adaptive City Mobility from Munich has filed for insolvency at the competent district court. However, the company is also looking for further investors to continue the vehicle development. As reported by the German publication Automobilwoche, the well-known insolvency expert Michael Jaffé has already been appointed as insolvency administrator. According to […] More…
Subaru presents their debut-BEV ‘Solterra’
Subaru has now officially unveiled its first electric model, the Solterra. The electric SUV shares the platform and technology with Toyota’s first BEV model, the bZ4X, and is scheduled for market launch in Japan, the USA, Canada, Europe and China from mid-2022. To know what the Solterra is capable of, a glance at the performance […] More…
Too many scooters on Swedish streets
Stockholm wants to almost halve the number of electric kick scooters in circulation around the Swedish capital. The city council voted to limit the number of registered electric scooters from the current 23,000 to 12,000 and to reduce the number of registered rental companies from the current eight to three. The new scooter restrictions are […] More…
Aion LX Plus to exceed1,000 NEDC km range
The Chinese manufacturer GAC Aion has increased the maximum range of its LX electric SUV to over 1,000 kilometres – albeit, as is still customary in China, according to the outdated NEDC standard. The improved vehicle is expected to debut on GAC Aion’s home market in the coming months. The new Aion LX Plus variant, […] More…
EV100 initiative gains seven new members
The Climate Group’s EV100 initiative has gained seven new members. As usual with the initiative, the members commit to completely electrifying their company fleets by 2030. The corresponding seven fleets represent over 250,000 vehicles. The new EV100 members are the British companies M Group Services and Kier, SK Networks from South Korea, Nichicon from Japan […] More…
Musk lets Twitter users decide where his money will go
Elon Musk has let Twitter users vote on whether he should sell a tenth of his shares in Tesla for higher tax payments. A majority is in favour. Musk wants to abide by the vote – but he has not given a time frame for the sale. “Much is made lately of unrealised gains being […] More…
Daimler Trucks and Total join forces on H2 infrastructure
Truck manufacturer Daimler Truck and the energy group Total have signed an agreement to work together on the development of a hydrogen infrastructure for heavy trucks in the European Union. The two corporations will initial focus on Germany, the Netherlands, Belgium, Luxemburg and France. Daimler says that the cooperation includes the procurement of hydrogen, including […] More…
NFI & Li-Cycle to cooperate on battery recycling
In North America, bus manufacturer NFI Group and recycling company Li-Cycle are cooperating to offer battery recycling to public transport customers there. The partnership builds on a successful pilot e-bus battery recycling programme between NFI subsidiary New Flyer and Li-Cycle. We reported on the completion of this pilot earlier this year. New Flyer supplied Li-Cycle […] More…
FastNed raises charging prices
The fast-charging provider Fastned is increasing its prices in several countries in continental Europe. The new prices come into effect on 11 November 2021 from 12 noon. The price increase is in response to ever-increasing overall energy prices, despite the fact that FastNed exclusively uses renewable energy. “We don’t like to do this.” Fastned says. […] More…
Freudenberg, ZF & FlixBus cooperate on FC buses
Freudenberg has launched the HyFleet research project with ZF Friedrichshafen and FlixBus. The partners want to develop a fuel cell drive system for long-distance buses by 2024. In addition to the three companies mentioned above, a “major European bus manufacturer” that has not been named is also participating in HyFleet. In the first phase of […] More…
Evergrande NEV to raise capital via shares
Evergrande New Energy Vehicle plans to raise fresh capital by issuing more shares to six investors. Specifically, about 174.8 million shares at HK$2.86 each will be placed for expected gross proceeds of about HK$500 million (55.5 million euros). The company plans to use the proceeds for research and development and vehicle production. But the capital […] More…
Rivian hits the stock market
The US electric car manufacturer Rivian is now completing its announced US IPO and placing 153 million shares on Wall Street at 78 US dollars each. Rivian is now listed on the Nasdaq Global Select Market under the ticker symbol RIVN. Rivian is making its debut on Wall Street on its own and is not […] More…
COP26: 24 nations & 6 carmakers want to exit combustion transit
At the World Climate Conference in Glasgow, 24 countries, six major carmakers and other partners issued a joint declaration to move away from the internal combustion engine. The goal is to be emission-free worldwide for passenger cars and LCVs by 2040. But some of the signatories have already set themselves stricter targets. According to the […] More…
COP26: 30 nations & 11 carmakers want to exit combustion transit
At the World Climate Conference in Glasgow, 30 countries, 11 carmakers and other partners issued a joint declaration to move away from the internal combustion engine. The goal is to be emission-free worldwide for passenger cars and LCVs by 2040. But some of the signatories have already set themselves stricter targets. According to the British […] More…
Volkswagen makes plans new BEV factory near Wolfsburg
Volkswagen may build a completely new factory in Wolfsburg for its next generation of electric cars (project “Trinity”). The source for this is none other than VW brand manager Ralf Brandstätter. A decision is to be made in December. A brief review: In October there were reports that VW was considering building a new assembly […] More…
VW launches pre-series production of the ID.4 in Emden
The conversion of the Emden site into Lower Saxony’s first plant for electric cars is on the home straight, according to VW. The first pre-series vehicles of the ID.4 are already being produced in the body shop, the paint shop and soon in assembly. Volume production is scheduled to start in spring 2022. As is […] More…
Solaris finds first order for the Trollino 24
Solaris has bagged the first order for the Trollino 24. The 24-metre version of the Solaris trolleybus will debut on the streets of the Slovakian capital Bratislava in mid-2023. The order comprises 16 units of the double-articulated trolleybus. The public transport operator Dopravný Podnik Bratislava (DPB) is acting as the client. The order value is […] More…