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

Blackstone Resources spins off holding company

The Swiss commodities company Blackstone Resources is spinning off its German battery division Blackstone Technology into the newly founded Blackstone Technology Holding AG. David Batstone has been appointed CEO of the new holding company. The restructuring has already been completed, according to the statement, and the new holding company is based in Baar, Switzerland, as […] More…

Tesla faces workplace racism allegations

Tesla is facing serious allegations of systematic racial discrimination. A racist work environment prevails at the Tesla factory in Fremont, according to the California Fair Employment and Housing Authority (DEFH), which has now filed a lawsuit against the carmaker. The lawsuit alleges that “Tesla’s brand, purportedly highlighting a socially conscious future, masks the reality of […] More…

Mack launches VaaS scheme for e-trucks

US commercial vehicle manufacturer Mack Trucks has launched a new Vehicle-as-a-Service (VaaS) program. Essentially an all-inclusive leasing scheme, the company hopes to help customers manage expenses associated with acquiring the Mack LR Electric truck and integrate it into existing warranties. The VaaS now introduced includes the vehicle chassis, the refuse body, applicable taxes and a […] More…

Virtual Power Plant by ev.energy utilises only BEVs

Innovate UK has granted funding to the software provider ev.energy to scale their first commercially operating Virtual Power Plant (VPP) using only electric vehicles. The funding comes after the startup successfully demonstrated the concept working with a British utility. The Virtual Power Plant manages EV charging in line with demands from grid operators, essentially a […] More…

Snow Lake Lithium to mine in Canada

The Canadian company Snow Lake Lithium has unveiled plans for a lithium mine in Manitoba, Canada. The mine is to produce 160,000 tonnes of lithium annually for the North American electric car industry from the end of 2024. According to Snow Lake Lithium, the plant will draw its energy almost entirely from hydropower and thus […] More…

US to invest almost $3 billion in battery supply chain

The US Department of Energy has announced funding of 2.91 billion dollars to develop a national battery supply chain – including for electric vehicles. This makes another e-mobility funding from the infrastructure bill concrete. The funding from the bipartisan Infrastructure Act is to support production facilities for battery materials, battery cells and packs, recycling facilities, […] More…

Soros invests in Rivian Automotive

Soros Fund Management, the investment fund of billionaire George Soros, acquired nearly 20 million shares in electric car start-up Rivian in the fourth quarter of 2021, securities documents show. The 19,835,761 shares, then worth around two billion US dollars (1.77 billion euros at today’s exchange rate), are now only worth around 1.17 billion dollars (1.03 […] More…