Zeekr has confidentially filed for a US public offering to raise over $1 billion in capital, according to inside sources. Zeekr lodged its filings with US regulators last week and is planning to go public in New York as early as the second quarter of 2023. The news comes after NEV sales in China reached […] More…
Panasonic Energy to supply batteries to Lucid Air, Gravity and build in US
Lucid Group and Panasonic Energy announced they have entered into multi-year agreements that entail the latter supplying lithium-ion batteries to both the Lucid Air and Gravity SUV. Part of the agreement supports Panasonic Energy’s plans to expand outside of Japan and begin production at a new facility in the US. More…
CAKE is building an autonomous electric ATV that works with or without a rider
CAKE’s newest electric vehicle concept is ready to hit the dirt, whether or not it’s got a rider on-board. That’s because the CAKE Kibb is part electric ATV, part semi-autonomous robotic work platform. And it’s the Swedish electric motorbike manufacturer’s first shot at a four-wheeled EV. More…
IRS: 2023 EV tax credit needs reporting from automakers, sellers
The Internal Revenue Service (IRS) on Monday released an introduction for the full eligibility rules for the revamped federal EV tax credit, and it looks like automakers—as well as sellers—will have to submit a lot of reports. The Inflation Reduction Act (IRA) re-upped the $7,500 credit, but added new requirements for American assembly… More…
Volkswagen & Enel launch HPC joint venture Ewiva in Italy
The Volkswagen Group and Enel X Way, Enel Group’s e-mobility arm, launched their equally-owned joint venture Ewiva today. Ewiva shall build a truly high-power charging network comprising 3,000 charge points in Italy. Plans for the joint venture first came to light as part of Volkswagen’s ‘New Auto’ strategy announced in July 2021 then still under […] More…
WSJ Shares Survey: Tesla Is Falling Out Of Favor, Becoming Partisan
According to a recent survey, many Democrats are turning away from Tesla while some Republicans are siding with the company. More…
Ultium Cells’ Factory In Tennessee To Produce More Battery Cells
The company announced an additional investment to boost production to 50 GWh per year. More…
Ultium Cells receives $2.5 bn in DoE funding
Ultium Cells, the General Motors joint venture with LG Energy Solutions (LGES), has received $2.5 billion through the US Department of Energy (DoE). Ultium Cells is reportedly working to set up at least three battery cell factories in the USA. The Loan Programs Office of the DoE announced the closing of the loan today. The […] More…
First Tesla Model X Plaids Delivered To Customers In Germany
After the Model S Plaid, it’s time for the fast SUV reservation holders to get their cars. More…
Aptera Gamma Shows Its Center Touchscreen In Latest Development Video
The “world’s first solar electric vehicle that requires no charging” gets detailed by its makers. More…
Judge Says Tesla Must Upgrade Owner’s FSD Computer Free Of Charge
This comes after the Tesla owner sued the company for false advertising and couldn’t use the software without additional cost. More…
VW to serve the US American market with more SUVs
Volkswagen’s new North American CEO, Pablo Di Si, has announced in an interview that he wants to set up his business unit more independently. He wants to more than double the market share by 2030 with new electric SUVs that are to be different from the European models. As Di Si, who succeeded Scott Keogh, […] More…
2020 Kia Niro EV recalled for power system defect
Early Kia Niro EV models are being recalled for drive-unit components that may have been improperly sealed. The recall is very small, however, affecting just 872 vehicles from the 2020 model year. The recall involves the electric power control unit (EPCU), one of the most critical and expensive components in an EV. It controls the flow of power… More…
Toyota to present 3-year-plan in early 2023
According to an agency report, Toyota will present a new three-year plan to its suppliers in early 2023 as part of its electric strategy. With the new plan, the manufacturer wants to increase the competitiveness of its upcoming electric vehicle models, but is probably accepting delays for this. Reuters, citing Toyota insiders, reports that the […] More…
Potential Chevrolet Malibu EV Successor In The Works, May Reach US
GM’s president noted “we’ll see the desirability” when asked if Chevrolet plans to offer the FNR-XE-inspired electric sedan in the US. More…
New Mate SUV Cargo E-Bike Doubles Down On Practicality And Utility
This three-wheeled cargo electric bike is designed to replace in-city car trips. More…
Tesla plans to kick off European Model S & X deliveries this week
Tesla plans to hand over the first new Model S and X to customers in Europe this Friday. At least the official start of deliveries is planned then – because the first vehicles are already on the road. The source of this information comes from entries in the TFF forum, according to which many of […] More…
Tesla plans to kick off European Model Y & X deliveries this week
Tesla plans to hand over the first new Model S and X to customers in Europe this Friday. At least the official start of deliveries is planned then – because the first vehicles are already on the road. The source of this information comes from entries in the TFF forum, according to which many of […] More…
POL Lux is a solar-powered boat that turns into a camper on the water
Electric watercraft are an increasingly popular segment of the boating market. But a new electric catamaran from Sweden known as the POL Lux is taking it one step further with an electric boat that recharges from the sun. More…
Borgward is bankrupt
It is the end for Borgward despite their attempt to revive the brand with electric and hybrid cars. A court in China has officially declared the company bankrupt and Borgward has applied for permission to liquidate its assets. The brand is historic, as it was originally launched in Bremen, Germany, in 1890. The automaker then […] More…
