Swedish electric vehicle brand Polestar announced the extended range, lower pricing, and bespoke configuration for the model year 2022 Polestar 2 in the USA. Prices for the single motor version start at $45,000 before subsidies. Polestar’s upgrade for their second model centres around the addition of a new single motor powertrain, which, Polestar says, makes […] More…
Category: Electrive
CATL aims for $9 billion in financing via share issue
The Chinese battery cell manufacturer CATL wants to raise the equivalent of about 9 billion US dollars by issuing shares to finance six projects to increase its production capacity of lithium-ion batteries. The sum of 58.2 billion yuan is equivalent to about 7.63 billion euros. According to Reuters, this will mainly involve projects in China, […] More…
Laschet meets Musk at the Giga Berlin
German chancellor candidate Armin Laschet (CDU) met with Elon Musk on his tour of the Giga Berlin factory. The candidate is known for his ability to sometimes place his foot in his mouth, and this meeting did not disappoint. Laschet asked Musk what the future of propulsion for cars is: hydrogen or battery electric. Elon […] More…
Lordstown considers letting other manufacturers into their factories
The financially troubled electric car start-up Lordstown Motors has a new idea to raise fresh capital: The company could share its production facility with other carmakers. Lordstown is currently having “serious discussions with several potential partners” in this regard, Angela Strand, the company’s executive chair, told a conference call to discuss its latest quarterly results. […] More…
NatWest bank to install 600 chargers by 2023
The British National Westminster Bank (NatWest) wants to install 600 charging points at its locations by 2023. The charging points will also be available for use by the bank’s customers. The contract to supply the charging infrastructure goes to the Engie brand Equans. The company itself wants to convert its fleet to 300 electric vehicles. […] More…
Technotrans to deliver battery cooling systems for trains
Technotrans, the technology and services group based in Sassenberg in Münsterland, has been awarded two follow-up contracts in the field of electrified rail transport. More than 100 battery cooling systems are to go to two battery manufacturers, the order volume is in the seven-figure range. The products for the orders are customised solutions tailored to […] More…
Samsung SDI considers battery plant in Illinois
The South Korean battery manufacturer Samsung SDI is considering building a cell factory in the US state of Illinois. Specifically, the town of Normal is mentioned as the location. This is hardly surprising, as Normal is also home to the vehicle plant of partner Rivian. The news was broken by state senator Dick Durbin, who […] More…
BYD completes first Tang deliveries in Norway
BYD has handed over the first units of its all-electric SUV model Tang to customers in Norway. BYD plans to deliver 1,500 units of the electric vehicle in Norway by the end of this year. According to the Chinese company, the first 100 Tang EVs were handed over to customers at an event in Oslo […] More…
Foxconn to build factories in the USA and Thailand
Contract manufacturer Foxconn plans to build factories for electric cars in the USA and Thailand in 2022 – production is scheduled to start in 2023. Later, plants could also follow in Europe. The company made the announcement in a conference call for investors. According to Foxconn CEO Liu Young-way, Hon Hai, as the company is […] More…
A vehicle that brings music to your ears
Yamaha is developing a sound module for electric cars that imitates engine sounds. There is a choice of sounds from combustion engines or other sounds, such as a Star Wars theme. The idea to give electric vehicles other sounds is not new. For example, Danni Venne, the lead producer and creative director for the Nissan […] More…
Lion Electric scores new order and $100 million credit
Lion Electric has received an order for 35 LionC school buses from Canadian province Prince Edward Island. The manufacturer of all-electric medium and heavy-duty urban vehicles has also secured new US$100 million credit facility. With the new order from Prince Edward Island, Canada’s small province off the west coast, the electric school buses will join […] More…
ChargePoint acquires ViriCiti & has.to.be
In Europe, the US charging provider ChargePoint has acquired electric bus and commercial vehicle management provider ViriCiti for around 75 million euros. This should allow ChargePoint to accelerate the electrification of fleets. After acquiring has.to.be last month for around 250 million euros, this is ChargePoint’s second major acquisition in Europe within a few weeks. Charge […] More…
Freyr considers building battery plant in Finland
The Norwegian company Freyr is taking the first steps towards the construction of another battery cell factory – this time in Finland. For this, Freyr has signed two non-binding letters of intent with the Finnish Minerals Group and the Finnish city of Vaasa. The letter of intent with the city of Vaasa grants Freyr the […] More…
Proterra to source batteries from LG Energy Solution
Proterra has reached an agreement with LG Energy Solution for a long-term supply of cylindrical cells. These will be manufactured at an LG Energy Solution factory in the US and supplied to Proterra plants in North America for the production of battery systems for commercial vehicles. In addition to the US-made battery cells, Proterra and […] More…
Continental & Varta to develop 48-volt battery for bikes
Continental’s development and production service provider Continental Engineering Services (CES) is cooperating with the battery specialist Varta. In an initial pilot project, both partners have developed a replaceable 48-volt battery pack for electric two-wheelers with a drive power of 10 kW or more. In the course of their partnership, CES and Varta want to focus […] More…
Bosch offers battery factory starter set
Bosch has announced that it will now offer its customers factory equipment for battery production from a single source – from individual components to software solutions to complete assembly lines. The first customer has already been found. According to Bosch, the supplier Webasto will equip battery factories with Bosch technology. Bosch will supply automated assembly […] More…
Nio to launch affordable EV subsidiary brand
The Chinese manufacturer Nio is planning a new brand for more affordable electric cars. While Nio wants to be active in the premium segment like Audi or Lexus, the new brand will compete more against Volkswagen and Toyota. Nio CEO William Li announced the new brand when presenting the latest quarterly figures. “The relationship between […] More…
ADS-TEC to hit the NY stock exchange via SPAC merger
ADS-TEC Energy, a provider of battery buffered fast-charging technology, has announced that it is going public on the US stock exchange. For this purpose, the company from Nürtingen near Stuttgart will merge with the SPAC company European Sustainable Growth Acquisition Corp (EUSG), which is already listed there. After completion of the transaction that is expected […] More…
Tesla to release 5 more Model Y variants in Shanghai
Tesla has applied to the Chinese government to produce five more versions of the Model Y at the Gigafactory Shanghai. This may also involve larger batteries for the standard range variants. According to Electrek, some of these versions could be intended exclusively for export, while others are purely for the Chinese market. Among the five […] More…
Total recall for Bolt turns into a horror for GM
The latest recall campaign for the Chevrolet Bolt due to ongoing battery problems is costing General Motors dearly. In its latest financial figures, the company itself has now put a figure on just how expensive: $800 million, or around $11,600 per car. When the recall was launched last year, almost 70,000 vehicles were affected by […] More…