Allego will increase charging tariffs in most European countries in the company’s network on 1 September due to rising electricity prices across Europe. The three levels of charging speeds introduced during the last price rise at the beginning of the year continue to apply. While the UK was not part of the last price increase, […] More…

Budding battery producer AMTE Power has signed a memorandum of understanding with automotive engineering company Cosworth. The company may use AMTE’s “ultra high power” cells in their specialist electric vehicles that cover many sectors. Cosworth is known chiefly for its long Formula 1 engagement. As for the non-binding agreement with AMTE Power, the cells may […] More…

Wireless charging specialist WiTricity says it completed a new funding round of $63 million (€60.9m). Anchored by a $25 million investment from Siemens. WiTricity wants to bring its patents into products, including launching a new V2G solution. Siemens announced its investment already in June. The Japan Energy Fund, Mirae Asset Capital, and returning investors Stage […] More…

Wireless charging specialist WiTricity says it completed a new funding round of $63 million (€60.9m). Anchored by a $25 million investment from Siemens AG, the round includes new investors and new ones on board. The company wants to bring its patents into products, including launching a new V2G solution. Siemens announced its investment already in […] More…

Tesla has signed contracts worth around US$5 billion to buy materials for its batteries from nickel-processing companies in Indonesia, according to a senior Indonesian cabinet minister. Tesla has signed five-year contracts with nickel processing companies operating out of Morowali on the island of Sulawesi, he said. The names of the companies and the quantities purchased […] More…

The Chinese electric car subsidiary Avatr under Changan, Nio and CATL has launched its first model on the Chinese market. The coupé-like electric SUV Avatr 11 is based on a 750-volt platform and is available in three regular versions with prices starting at 349,900 yuan. The other two versions of the debut model, which was […] More…

Ford has announced a price increase for its all-electric F-150 Lightning. “Due to significant material cost increases and other factors,” prices for the F-150 Lightning will increase by $6,000 to $8,500 depending on the variant. The price increases do not apply to existing purchasers, according to Ford. The timing of the announcement is also well […] More…

The US electric car subscription service Autonomy has ordered 22,790 electric cars worth around 1.2 billion dollars. The provider, which until now has specialised mainly in Tesla models, has ordered a total of 45 different vehicle models from 17 carmakers – including Tesla again. The Californian company had recently announced a cooperation with the US […] More…

Elon Musk has sold 7.92 million Tesla shares worth 6.9 billion dollars in the past few days. However, the sales have nothing to do with Tesla itself – Musk is preparing to potentially have to buy Twitter. The funds could be used to finance a possible Twitter takeover if he loses the legal battle with […] More…