Recharge Industries is close to acquiring the assets of insolvent battery start-up Britishvolt. According to the accounting firm EY, which is in charge of the insolvency administration, the deal is expected to be completed within the next seven days. Citing a publication by auditing firm EY, several media outlets report that Australian company Recharge Industries […] More…
Faraday Future secures funds, gets ready for production
Faraday Future announced that it received 135 million dollars in financing commitments in the form of convertible secured notes – enough to kick off production of its FF 91 model at the end of March. If all funds are received as planned, first units could be delivered as soon as early April, Faraday says. Moreover, […] More…
Upcoming Porsche Boxster EV Spotted Charging Via Rear Port
The all-electric sports car will be based on the Premium Platform Electric architecture. More…
Great Wall Motors extends retail network in the UK
The Chinese carmaker Great Wall Motors (GWM) announced three new Sales and Service Centers for its Ora brand in the UK in Belfast, Chorley, and Exeter. The first showroom to feature the Ora model will be the Charles Hurst Group in Belfast that will open its doors on 6 March. The other two locations will […] More…
Elke Temme steps down for personal reasons
Elke Temme, who leads the Charging and Energy business unit at VW, is stepping down for personal reasons. She will be taking a three-month sabbatical, after which she will be available to the Volkswagen Group part time until the end of the year. Giovanni Palazzo, President and CEO of Electrify America, will be taking over […] More…
2023 Lexus RZ 450e Pricing Revealed, Starts At $59,650
The first-ever all-electric Lexus model has a maximum estimated range of 220 miles. More…
Faraday Future FF 91 Will Finally Go Into Production In March
Deliveries are scheduled to begin in the second half of April. More…
Lectric XP Trike launches for pre-order as low cost, folding electric trike
The Lectric XP Trike, which was unveiled with quite a fanfare last month, has now launched for pre-orders at a surprisingly affordable price. The electric trike claims to be the first folding, fully-assembled electric trike in the industry, and it looks set to shake things up for all types of riders. More…
Quick Charge Podcast: February 6, 2023
Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. More…
Police chief explains how Tesla Model Y patrol car will save them $80,000
The police chief of Somerset in Wisconsin explained in detail why his police department decided to go electric with a Tesla Model Y patrol car and how he expects the single electric vehicle will save the town $80,000. More…
First electric Lexus RZ 450e SUV arrives with a higher price than a Tesla Model Y
The first fully electric Lexus SUV in the US, the RZ 450e, is now available to pre-order. Lexus is asking drivers to “experience the difference between an electric vehicle and an electric Lexus,” but is the RZ 450e worth more than a Tesla Model Y. More…
Europe’s highest dam is now covered in nearly 5,000 solar panels
The Lake Muttsee Dam – the longest dam in Switzerland and the highest in Europe at 2,500 meters (8,202 feet) above sea level – now hosts nearly 5,000 solar panels, making it the country’s largest alpine solar system. More…
Check Out This Bicycle-Only Underground Parking Lot In Amsterdam
The new underground parking structure offers space for up to 7,000 bikes. More…
Canoo (GOEV) shares slip after $52.5 million discounted stock sale
EV maker Canoo (GOEV) is raising cash again after running low on funds as it works to reach full production. However, as evident by Canoo’s falling stock price this morning, investors are not thrilled with the deal. More…
Construction kicks off on world’s first wind farm with 16 MW turbines
Construction of the world’s first offshore wind farm featuring 16 megawatt (MW) wind turbines has started in China. More…
Ferrari May Use One Of Elon Musk’s Next-Gen Tesla Roadster Ideas
Musk said the next-gen Roadster will offer rocket thrusters to boost performance, and Ferrari has a patent for a similar system. More…
Tesla files to trademark ‘TeslaOne’ for new in-house application
Tesla has filed to trademark the term “TeslaOne” for what appears to be a new in-house work mobile application. More…
Porsche Developing Full-Sized Electric SUV Due In 2027
The 7-seat SUV will sit above the Cayenne and could cost north of $200,000. More…
Electrify America taps new CEO as current chief becomes EA chairman and VW Group exec
EV fast charging network Electrify America has kicked off the week with a personnel shakeup, announcing current president and CEO Giovani Palazzo will shift into a position as chairman of the board to make room for long-time Electrify America leader, Rob Barrosa. With his new role as chairman, Palazzo will also join Volkswagen Group as its senior vice president of charging and energy. More…
The EV price war is here, and it’s “no pain, no gain” for automakers
Yes, the electric vehicle price war has likely already begun. Last month’s Tesla price cuts slashed up to 20% of the cost to buy the EV maker’s vehicles. Then in a rare move, Ford dropped prices on its Mustang Mach-E lineup last week by up to 9%. While those might have been a couple of the first dramatic shots over the bow… More…
