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

Maiden flight for Austrian electric training aircraft

Austrian aircraft manufacturer Diamond Aircraft has completed the maiden flight of its all-electric eDA40 training aircraft at the company’s headquarters in Wiener Neustadt. According to the company, the successful first flight is a major step towards certification. Sören Pedersen, Head of Flight Test at Diamond, was at the controls for the first flight, which took […] More…

Universal EV Chargers to install infrastructure in Illinois

The US American charging infrastructure provider Universal EV Chargers has announced the receipt of substantial grants to accelerate the installation of EV chargers throughout Illinois. The Illinois Environmental Protection Agency (IEPA) has awarded competitive grants to deploy 176 new DC fast charging ports at 44 strategic locations across the state. These grants are part of […] More…

Varta signs supply deal with SK Nexilis

The German battery manufacturer Varta plans to continue with the series production of battery cells for electric cars, using anode copper foil supplied by the South Korean company SK Nexilis. According to South Korean media reports, Varta will use SK Nexilis’ copper foil in a production plant for electric car battery cells with an annual […] More…

Proterra files for Chapter 11 bankruptcy protection

The US electric bus and battery manufacturer Proterra has filed for Chapter 11 bankruptcy protection. It is effectively an insolvency proceeding in self-administration for reorganisation. The company hopes to strengthen its financial position by recapitalising or selling business units. Proterra intends to continue its business operations during this process. “While our best-in-class EV and battery […] More…

CFO Kirkhorn leaves Tesla

Zachery Kirkhorn has stepped down as Tesla’s Chief Financial Officer (CFO). Kirkhorn is leaving the company after 13 years, four of which he served as CFO, or “Master of the Coin,” as Tesla calls it. He will remain available to Tesla until the end of the year to “support a seamless transition.” His successor has […] More…

Lucid Motors (LCID) Q2 2023 results: Revenue holds, deliveries slip on path to 10k+ annual units


Lucid Motors shared its financial report for Q2 2023 this afternoon, ahead of its call with investors later today. The financial details follow a production report made public last month that shows a decrease in deliveries for a second straight quarter. Still, Lucid’s revenue has held steady and its liquidity is strong, providing optimism the young American automaker can reach its annual production guidance… at least the low end of it. More…