Californian battery developer Ionblox has closed a US$32 million Series B funding round, with Bavarian electric taxi startup Lilium also participating. Lilium had previously invested in the company then known as Zenlabs and licensed its technology. The existing investor Applied Ventures also participated in the series B financing worth the equivalent of €30 million, and […] More…

BYD has received an order for 52 electric buses from public transport operator Transdev in Sweden. The order includes 44 15-metre electric buses and eight 12-metre buses for use in the province of Gästrikland on the east coast of Sweden. The 15-metre buses with a double axle at the rear are a vehicle category that […] More…

The test of a Swedish testing institute has apparently revealed numerous safety deficiencies in the wallboxes of the Norwegian manufacturer Easee. One of the central problems: Contrary to the declaration, no RCD was apparently installed – which increases the risk of fire. In addition, some EU declarations are said not to be fulfilled, which is […] More…

Nidec Leroy-Somer has been contracted by Airbus to develop electric motors for a future hydrogen-electric propulsion system. The prototypes are to meet “very high requirements in terms of safety, reliability, energy efficiency and weight”. Nidec Leroy-Somer is a French propulsion developer belonging to the Japanese electric motor manufacturer Nidec, Leroy-Somer has been part of the […] More…

Ford has sold off a large part of its Rivian shares. According to a notification from Rivian to the US Securities and Exchange Commission (SEC), Ford’s stake in Rivian is now only 1.15 per cent. The sale comes a week after Ford reported a US$7.3 billion write-down on its Rivian investment in 2022. Since February […] More…

Volvo Trucks has delivered its first all-electric ready-mix concrete mixer. The Volvo FMX Electric goes to the building materials manufacturer Cemex, which uses it in a ready-mix concrete plant in Berlin-Spandau. The vehicle now delivered, based on a Volvo FMX Electric, stems from an agreement that Volvo and Cemex had concluded in 2021. At the […] More…

The recycling company Redwood Materials, founded by former Tesla CTO JB Straubel, has started producing anode copper foils. In addition, Redwood has received a conditional commitment from the US Department of Energy for a $2 billion loan for battery materials. The production of recycled anode copper foils was initially announced about a year ago, and […] More…

US electric car manufacturer Lucid Motors announced that it will offer its own $7,500 credit for select configurations of Lucid Air Touring and Air Grand Touring models purchased by the end of March 2023. The reasoning behind the move is that Lucid does not qualify for the US American EV tax credit due to the […] More…

Hyundai Motor America announced its new Evolve+ electric vehicle subscription service, providing flexibility to consumers who want to drive Hyundai’s newest EVs without committing to a purchase or longer-term lease. The Evolve+ subscription service operates on a month-to-month basis, covering 1,000 miles, insurance, maintenance, registration, and road-side assistance at a starting price of $699 per […] More…