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

ZeroAvia: An extra $30Mn to advance H2 fuel cell aviation

At the Farnborough International Airshow, ZeroAvia has announced $30 million in funding from new investors Barclays Sustainable Impact Capital, NEOM, AENU and International Airlines Group (IAG), bringing the Series B round to $68 million (€66.7Mn). IAG thus increased its investment following an initial commitment from the Group last year, including United and Alaska Airlines. That’s […] More…

Protecting electric ships with rapid DC switching


Potentially critical faults in the high-power DC powertrains increasingly found in ships, particularly ferries, must be isolated as quickly as possible to minimise damage and allow the rest of the system to continue operating as normal (writes Peter Donaldson). Key to this is the application of solid-state power electronics in the form of switches based […] More…

EV reckoning comes to Ford as it cuts 8,000 ICE jobs to focus on electrification


Innovation forward does not always come without sacrifice. According to a report earlier today, Ford Motor Company is planning to cut as many as 8,000 jobs, pertaining mostly to positions in the American automaker’s internal combustion division. The layoffs are said to help wean Ford off ICE production and use those funds to further invest in EV development. More…

Tesla earnings show first sequential decline but remain in the billions

Tesla Q2 earnings slightly declined against otherwise record-breaking quarters for over a year. This came against ongoing supply chain challenges and factory shutdowns that no ramp-up could equalise entirely just yet. Tesla reported $16.9 billion in Q2 revenue, down from $18.8 billion in the first quarter but still stayed in line with analysts’ expectations. Tesla […] More…

ZeroAvia secures $30M in additional funding to get its hydrogen-electric planes to the skies


Hydrogen-electric plane developer ZeroAvia announced it has garnered an additional $30 million in funding from both new and returning investors, including International Airlines Group (IAG). The aviation company’s Series B funding round now totals $68 million, which will be used to get its forty to eighty seat planes into operation by 2026. More…