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

Reliance takes over Faradion for £100 million

The British sodium-ion battery technology company Faradion has been bought up by Reliance New Energy Solar (RNES), a wholly-owned subsidiary of Reliance Industries. Reliance is to acquire 100% shareholding of Faradion for £100 million. In addition, RNES will also invest £25 million as growth capital to accelerate commercial rollout. While the parent company Reliance Industries […] More…

AutoFlight establishes first location in Europe and is seeking certification for its 4 passenger eVTOL taxi by 2025


Chinese eVTOL developer AutoFlight is showcasing its global expansion by officially entering Europe. The company has set up shop at Augsburg Airport in Germany, as it now seeks to to achieve certification from the European Aviation Safety Agency (EASA) for its “Prosperity I” eVTOL taxi. The certification program will begin this year and is expected to be completed by 2025. More…