SK Innovation officially completed the spin-off of its battery business on 1 October. The now independent battery division of the South Korean company is called SK On and is headed by Jee Dong-seob. With the announced spin-off, the Korean company wants to enable the battery division to better focus on the fast-growing market for electric […] More…

Nikola had already entered into an agreement to sell up to $300 million worth of shares to Tumim Stone Capital in June. Now the electric truck maker has signed a second purchase agreement with the investment bank, bringing the total to $600 million. Since entering into the first agreement, Nikola has already sold nearly $47 […] More…

The French electric bus manufacturer Bluebus, part of the Bolloré Group, is presenting a new version of its six-metre short electric bus. This offers space for up to 35 passengers, a new drive with up to 140 kW of power and 25 per cent more range than its predecessor. Around ten years after the premiere […] More…

Quantron has presented a fuel cell transporter. The transporter, called Q-Light FCEV, is a hydrogen-powered vehicle in the 3.5 to 4.2 tonne range, according to Quantron, and is offered in cooperation with FC experts AE Driven Solutions. The commercial vehicle converter had already announced a hydrogen transporter based on the Iveco Daily a little over […] More…

Foxconn will buy the car plant of the electric car start-up Lordstown Motors in Lordstown in the US state of Ohio. This is provided for in an agreement in principle that has now been concluded between the two sides. Foxconn will then take over the production of the electric pickup truck Endurance for Lordstown Motors. […] More…

The city of Düsseldorf has cancelled its lease order for a Tesla Model S as an official car for Mayor Dr Stephan Keller because Tesla has postponed the delivery date several times. Instead, the mayor of Düsseldorf has now opted for the all-electric EQS from Mercedes-Benz. With an all-electric range of up to 784 kilometres, […] More…

The International Lithium Association (ILiA) has been formed by five founding members: SQM, Ganfeng Lithium, AMG Brazil, Orocobre and Pilbara Minerals. The new association says that these five companies account for well over half of the world’s current lithium production. The association says it aims to provide “a central, global voice for the lithium producers […] More…

Tesla has launched its 100th Supercharger location and 1,000th Supercharger in Shanghai. Tesla also opened 6 Supercharger locations in Beijing at the end of August, increasing the total number of its Superchargers in the capital of China to nearly 800. In Shanghai, Tesla’s first China-based Supercharger station was launched in Jinqiao Town in April 2014. […] More…

Tesla has launched its 100th Supercharger location and 1,000th Supercharger in Shanghai. Tesla also opened 6 Supercharger locations in Beijing at the end of August, increasing the total number of its Superchargers in the capital of China to nearly 800. In Shanghai, Tesla’s first China-based Supercharger station was launched in Jinqiao Town in April 2014. […] More…

In the MEDUSA project, the AIT Austrian Institute of Technology and its partners AVL List, EnerCharge, Infineon Technologies Austria and Xelectrix Power are developing a fast-charging station and the corresponding infrastructure for electric heavy vehicles, buses and trucks in the multi-megawatt range. The project is going for a whopping three megawatts. The MEDUSA project stands […] More…

The Norwegian company Hexagon Purus wants to take over the German supplier Wystrach, which specialises in high-pressure systems and hydrogen technology. The purchase price is up to 43.3 million euros. The transaction is expected to be completed in the fourth quarter of 2021. The two are already linked by “many years of successful cooperation”. Among […] More…

The Canadian battery recycling company Li-Cycle receives a 100 million US dollar investment from Koch Strategic Platforms (KSP). The fresh capital is intended to support Li-Cycle’s growth ambitions in North America, Europe and Asia. Specifically, Koch Strategic Platforms, a subsidiary of the US-based Koch Investments Group, is making the $100 million investment via the purchase […] More…

Solaris has added another electric bus to its portfolio. The new Urbino 9 LE electric is a nine-metre-long low-entry bus designed for inner-city routes and intercity routes and, according to the manufacturer, “represents an excellent link between urban and suburban transport in metropolitan areas”. For today’s first appearance of the newcomer, Solaris again opted for […] More…

ABB has revealed the Terra 360, a new charging station for electric vehicles with a maximum power of 360 kW that can charge up to four vehicles simultaneously. According to the Swiss-Swedish company, the Terra 360 “enables the fastest charging process on the market”. ABB says the ua fast-charging station can deliver 100km of range […] More…

CATL takes over the Canadian mining company Millennial Lithium and pays 376.8 million Canadian dollars (about €254.5 million) for the acquisition. With the deal, the Chinese battery cell manufacturer secures a long-term supply of lithium. The purchase price for Millennial Lithium corresponds to a price of 3.85 Canadian dollars per share. The competitor Ganfeng Lithium, […] More…

According to a media report, the Tesla factory in Grünheide will receive the long-awaited final overall approval from the responsible Brandenburg State Office for the Environment (LfU). However, there will be strict conditions regarding water and possible accidents. This is reported by the portal Business Insider with reference to several sources from government circles. The […] More…

FAW Jiefang, the commercial vehicle division of the Chinese FAW Group, has established a new business unit for electrified vehicles and presented the plans for this. The new brand will include all ‘New Energy Vehicles’; battery-electric vehicles, hybrids as well as hydrogen-powered vehicles. The company now aims to achieve sales of 120,000 vehicles with New […] More…

Hyundai’s luxury brand Genesis has revealed details of the technology and equipment of the planned GV60 – its first electric model based on the group’s E-GMP platform. The 800-volt electric car will be launched in three variants and will feature a number of technological refinements. A few weeks ago, Genesis had already published first photos […] More…

Audi is recalling 2,303 units of its e-tron electric model worldwide due to problems with the brake booster. The brake booster, ABS and ESP may fail. In Germany, 336 vehicles are likely to be affected, and 38 in the USA. Unlike the series of recalls that recently have been caused by batteries, affecting vehicles around […] More…

Swedish light electric motorbike manufacturer Cake has raised $60 million in fresh capital. Cake plans to use the capital to invest in expanding its product offering and distribution network. The amount is made up of $14 million in convertible bonds and a $46 million financing round. The funding round included “strong support” from current shareholders […] More…