The E1 racing series for electrically powered racing boats initiated by Formula E founder Alejandro Agag will start its premiere season in January 2024, about a year later than last announced. Jeddah in Saudi Arabia has now been set as the venue for the first race. The events will each take place over two days […] More…
VW, Stellantis & Glencore invest in Brazilian mines
Volkswagen, Stellantis and the mining company Glencore support the purchase of two mines for battery raw materials in Brazil by the financial company ACG. The latter wants to buy a nickel sulphide and a copper mine for one billion US dollars. To start off the transaction, the Volkswagen subsidiary PowerCo will make an advance payment […] More…
Global Plug-In Electric Car Sales Increased 70% In April 2023
All-electric cars represents 10 percent of the market. More…
Lucid and Fisker are both preparing to sell vehicles in China
Lucid and Fisker in the past week separately announced plans to sell vehicles in China soon. The head of Lucid’s China operations confirmed to Reuters Thursday that the automaker was planning to enter the Chinese market. The Reuters report also cited an anonymous source with knowledge of Lucid’s plans, who said the automaker plans to sell imported… More…
US-made wind and solar components are now cheaper than imports
For the first time in US history, US-made wind and solar components are now cheaper than imports, according to a new study. More…
EcoG to present V2G technology in Munich
In Germany, the Munich-based e-mobility start-up EcoG will present its standard-compliant technology for bi-directional charging with its cooperation partner Infineon at the Power2Drive industry trade fair in Munich this week. EcoG is offering a solution tested with vehicle manufacturers in accordance with the new ISO 15118-20 standard, which ensures that all vehicles can be charged […] More…
Tesla Unveils New Giga Laboratory Showroom In China
The immaculate-looking location showcases the brand’s manufacturing prowess. More…
Trucksters to electrify long-distance logistics from Spain
Spanish transport company Trucksters has closed a €33 million Series B funding round and announced plans to electrify parts of its long-distance freight transport service. The new investors include Continental, Volvo and the European Investment Bank. Trucksters offers long-distance freight transport services with a truck switching system based on artificial intelligence and Big Data and […] More…
German online supermarket orders 1,000 electric vans
In Germany, the online supermarket Flaschenpost has purchased 1,000 new electric vehicles. The aim is to complete around half of all deliveries with electric vehicles by the end of the year. The new delivery vehicles will come from various manufacturers, but Flaschenpost has not yet revealed which ones. The photo that the company provided with […] More…
Nio remains in the red over Q1 of 2023
Nio has presented its balance sheet for the first quarter of 2023. The Chinese electric car manufacturer delivered 31,041 vehicles between January and March and also announced that it would reduce the base prices for all its models in China. Possibly in view of the currently strongly weakening sales. First the business figures: The 31,041 […] More…
Kore Power scores financial support from Washington
The US battery developer Kore Power has received a conditional commitment for a loan of 850 million US dollars from the US Department of Energy. The loan is intended to support the domestic production of battery cells for electric vehicles. The loan called a Conditional Commitment, is still subject to conditions imposed by the authority, […] More…
BYD & Huaihai planning Na-ion battery factory in China
BYD is going to set up a production facility for sodium-ion batteries in China. In cooperation with the Huaihai Holding Group, BYD wants to become the world’s largest supplier of sodium battery systems for small electric vehicles. BYD’s battery subsidiary FinDreams has signed a strategic cooperation agreement with the Chinese conglomerate Huaihai Holding Group. Among […] More…
Lucid Motors to launch in China with Zhu Jiang
Lucid Motors is making moves to enter the Chinese market. The US electric car manufacturer has hired Zhu Jiang to head its business in China. Zhu Jiang previously worked for Nio, Ford and Jidu Motor, the electric car division of Baidu. According to Reuters reports, citing an insider, Lucid initially wants to sell imported cars […] More…
Fisker is bringing the Ocean to China
Fisker has presented its plans for the Chinese market. A delivery centre is to be opened this year and deliveries of the Fisker Ocean are to begin in China in the first quarter of 2024. Fisker also announced plans to manufacture the electric SUV locally in 2024. Fisker mentions a potential capacity of 75,000 units […] More…
Fisker To Open Delivery Center In China This Year, Start Deliveries In Q1 2024
The California-based EV maker recently opened an office there. More…
GM CEO Hints At Chevrolet Bolt’s Return As Ultium-Based, Sub-$30,000 EV
Mary Barra says she “absolutely loves” the current-gen Bolt EUV. More…
Tesla Model S Number One In This Real-World Range Test
The Long Range Model S bettered plenty of rivals in a recent Norwegian range test. More…
China: Plug-In Car Sales In April 2023 Exceeded 500,000
The market share of rechargeable cars reached 35 percent and counting. More…
France: Plug-In Car Sales In May 2023 Exceeded 35,000 And 24% Share
The Tesla Model Y was the best selling plug-in model (13th overall). More…
Tesla unveils new Giga Laboratory concept
Tesla has unveiled a new retail concept called ‘Giga Laboratory’, which appears to be a showcase of its manufacturing capacity. More…
