Vanguard Truck Centers, Volvo Trucks certified dealer in the USA, has completed the official certification process at five new locations in the USA, expanding to three new states with Arizona, Georgia and North Carolina. Read more…
Beta to build centre for eVTOL manufacturing in New York
Beta Technologies is investing 41 million dollars in the expansion of its existing facility at Plattsburgh International Airport in the US state of New York. The site will serve as a manufacturing and final assembly centre for Beta’s eVOTLs. Read more…
Symbio opens large-scale fuel cell production in France
Symbio, the fuel cell joint venture between Forvia, Michelin and Stellantis, has opened its first gigafactory under the name SymphonHy. The joint venture partners say the factory, located in Saint-Fons, France, is the largest integrated production site for fuel cells in Europe. Read more…
Toyota electric sports car teased with advanced battery tech
Toyota is once again showing its FT-Se electric sports car concept—this time with a bit more information. The automaker revealed the FT-Se last month at the 2023 Tokyo auto show, but didn’t provide much technical info at that time. Now Toyota has published dimensions and hinted at next-generation battery tech that could be included if the… Read more…
Juiced launches new Scrambler X2 as ‘better than ever’ electric bike
San Diego-based e-bike company Juiced Bikes has just launched a new version of one of the company’s most popular electric bikes. The updated Scrambler X2 is “back and better than ever!”. Read more…
Ford and Xcel energy are installing 30k almost-free chargers for fleet customers
Ford Pro and Xcel energy will collaborate to deploy 30,000 EV charging ports for commercial customers by 2030, and the best part is that qualifying business customers can get most upfront costs of this infrastructure offset by Xcel Energy. Read more…
The first fast chargers in GM and Pilot Flying J’s huge coast-to-coast network are open
The first of 500 charging stations at Pilot Flying J rest stops are now open. General Motors announced the new partnership with Pilot Travel Centers and fast charging network EVgo last year, and today the companies announced that 17 charging stations are up and running across 13 states after a soft launch, which started in September. Read more…
Lucid Motors (LCID) updates its 2024 model year Airs, including lower prices and a RWD Pure
This morning, Lucid Motors shared details of its 2024 model year Air sedans, which are available for sale starting today. While the updates are minimal, Lucid is offering more customization options across its flagship EV, three of which (should) see lower pricing… some at the cost of some performance. Read more…
The 2024 Lucid Air Lineup Just Got A Whole Lot Simpler
The Pure gets more range, but the 1,050 horsepower Grand Touring Performance trim is dead. Read more…
Nio Q3 earnings: Deutsche Bank’s 1st look
Nio reported third-quarter results that were results largely as previewed and gave a better-than-feared outlook for the fourth quarter, said Edison Yu’s team. Read more…
New white paper examines how auto dealers are preparing to service EVs
There’s no question that the transition to EVs will result in big changes to the auto dealership industry. We often hear that auto dealers are afraid that EVs’ lower maintenance requirements will deprive them of a major source of income. That remains to be seen, but it’s worth asking how dealerships that are currently selling… Read more…
Luxor Capital acquires insolvent truck manufacturer Volta Trucks
Luxor Capital has acquired the UK business and assets of Volta Trucks. To this end, the hedge fund has founded a separate sub-company, “Volta Commercial Vehicles Limited”. The purchase price has not been disclosed. Read more…
EV Electra considers manufacturing electric cars in Trollhättan
There is renewed hope that electric cars will be produced at the former Saab factory in Trollhättan in the future. The electric vehicle manufacturer EV Electra has bought the rights to the Emily GT project from NEVS – and could produce the sporty electric saloon in Trollhättan. Read more…
Do You Suffer From “EV App Fatigue”?
The FLO app supports Apple CarPlay and Android Auto, which makes finding your next charging station easier and safer. Read more…
Nio Q3 earnings call: Live updates
Nio Day 2023 will be held on December 23 in Xi’an, Shaanxi province, Northwest China, where Nio will unveil a new flagship model. Read more…
Rolls-Royce aims to sell off electric aircraft business
Rolls-Royce wants to divest its business with electric engines for aircraft in order to raise up to 1.5 billion pounds from selling non-core assets. CEO Tufan Erginbilgic sees Sustainable Aviation Fuels (SAF) as the only means for large aircraft to achieve climate targets in the foreseeable future. Read more…
VW ID.3 and Cupra Born production stops at Zwickau as demand wanes
Volkswagen is grappling with significant challenges and has halted production of electric vehicles in its Zwickau plant due to concerns over demand. The company’s decision to halt production of the Volkswagen ID.3 and Cupra Born hatchback is sending shockwaves through the automotive industry. The Zwickau factory, a flagship for Volkswagen’s EV production, has been a focal point for the industry’s… Read more…
China grants Nio independent OEM status
Nio has received certification from the Chinese government as an independent vehicle manufacturer. Until now, the partner JAC produced Nio’s electric cars as a contract manufacturer. The new status paves the way for Nio to fully acquire the two factories built jointly with JAC. Read more…
Toyota launches electric van based on the Ducato
Toyota is entering the large van segment with the new Proace Max, which is also available as a BEV. With the new Proace Max, Toyota is deepening its cooperation with Stellantis. The smaller LCVs from Toyota based on Stellantis have also received an update. Read more…
Nio posts Q3 revenue of $2.6 billion, up 117.36% from Q2
This article is being updated, please refresh later for more content. Read more…
