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

USA: Canoo has to pay millions in fines

The US Securities and Exchange Commission (SEC) has imposed a 1.5 million-dollar fine on the Californian EV startup Canoo for allegedly misleading investors in connection with its IPO. There are also personal consequences for the then CEO Ulrich Kranz. According to its investigation, the SEC believes Canoo deceived investors with unrealistic revenue forecasts of hundreds […] More…

London expands scrappage scheme

In preparation for the city-wide Ultra Low Emission Zone (ULEZ), which applies from 29 August, the City of London launched a scrappage programme for old vehicles. Now, the programme is significantly expanded, and the budget increased. When the programme launched in January, it had a 110 million-pound budget. It was only intended for some, such […] More…

Vitesco opens development centre in Changchun

German powertrain supplier Vitesco Technologies has opened a new research and development centre in China. The new R&D centre will develop hardware and software for electric drives. The new research site is located at Vitesco Technologies’ production site in Changchun in Jilin province in north-eastern China and covers an area of almost 8,000 square metres. […] More…

Audi to launch the e-tron in China

Audi is launching the e-tron GT in China. The all-electric Gran Turismo, which shares the platform with the Porsche Taycan, will launch on the Chinese market at prices starting at 999,800 yuan (around 127,000 euros). The RS variant of the Audi e-tron GT has already been available in China since the end of 2022 at […] More…