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

Fastned raises €75 million strategic investment

Fastned has received a strategic investment of €75 million in a private placement from Schroders Capital to expand its European fast-charging network further. The private placement of 2,032,520 new depositary receipts represents the same number of new ordinary shares in the company’s capital. Issued at 36.90 euros each and placed with Schroders Capital, the investment […] More…

New player FastWay wants to tackle Italy’s EV infrastructure

FastWay is an Italian startup with €50 million backing to install fast-charging infrastructure in Italy. They plan to install 15,000 charge points, delivering between 150 kW and 400 kW throughout the country in the next ten years. FastWay says it will build on public and private lands and mentions collaborating with municipalities; however, without providing […] More…

After defective Fiido X e-bike recalled for breaking in half, now another model is doing it


It’s been a tough six months for Fiido, a Hong Kong-based electric bicycle company whose e-bikes have proven popular in the US as well as other markets. The company’s futuristic-looking Fiido X electric bike was recalled in April after Electrek received reports that the highly engineered frame had a tendency to break in half. Now it looks like another model known as the T1 is suffering a similar fate. More…