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

Wrightbus financed to pump up exports

A guarantee from UK Export Finance (UKEF) has provided Northern Ireland-based bus manufacturer Wrightbus with £50 million in financing to support its export strategy. The Export Development Guarantee sees the UK’s export credit agency guarantee 80 per cent of the loan from Barclays Bank. The financing will enable Wrightbus to deliver orders to new markets, […] More…

Toyota invests $50m in US battery lab

In the USA, Toyota is investing almost 50 million US dollars in a new battery laboratory. This will be built at the research and development headquarters in York Township and will go into operation in 2025. The investment illustrates Toyota’s “change of direction towards electrification”, says Shinichi Yasui, Vice President at Toyota Motor North America […] More…

Ontario funds Li-Metal to develop lithium metal production technology

Li-Metal, a Canadian developer of lithium metal and lithium metal anode technologies for next-generation batteries, has been awarded over CAD$1.4 million (approx 975,000 euros) from the Government of Ontario to develop and commercialise its lithium metal production technology. The Canadian company will use the funds, which have been granted by two Ontario government funds, to […] More…