US battery start-up Our Next Energy (ONE) has raised further capital and plans to build a battery factory. ONE’s €58.6 million new funding round is led by BMW i Ventures. BMW had already invested in the company last year as part of the Series A financing round. ONE says it has signed contracts with four […] More…
ONE to build its own battery factory in the USA
US battery start-up Our Next Energy (ONE) has raised further capital and plans to build a battery factory. ONE’s €58.6 million new funding round is led by BMW i Ventures. BMW had already invested in the company last year as part of the Series A financing round. ONE says it has signed contracts with four […] More…
Fully Loaded Rivian R1S SUV Shows $106,515 Price On Configurator
Rivian’s price hikes mean that a fully optioned R1S will easily break the $100,000 barrier. More…
Tesla ramps up deals to secure future supply of critical battery metals, adds another lithium contract
Tesla has been ramping up deals to secure future supply of critical battery metals at upcoming mines lately and it is now adding another lithium contract with a new mine in Australia. More…
Why Is It So Hard To Catch Up With Tesla Is It The Laws Of Physics?
Tesla has a certain mystique. However, it’s not healthy for one company to dominate the EV market. More…
GM sells their Lordstown stake
The US car company General Motors apparently sold its stake in the electric car startup Lordstown Motors last quarter. Things are not going well at Lordstown: the company had to significantly cut plans for the production and sale of the Endurance electric pickup. There is no official statement from GM yet, however, several US media […] More…
6,160 BEVs were sold in Norway in February
In Norway, 6,160 electric passenger cars were newly registered in February, which corresponds to a share of 75.6 per cent of all passenger car registrations in the month. The most successful model in February in Norway was the Hyundai Ioniq 5 with 454 new registrations. Compared to February 2021 – when 5,074 new electric cars […] More…
First look at the Polestar O₂ concept: A hard-top roadster convertible with an autonomous drone built in
Swedish EV brand Polestar has provided further evidence of its break from the DNA of parent Volvo Cars, unveiling its second concept vehicle, the Polestar O₂. This all-electric, hard-top convertible builds off the automaker’s Precept concept and further showcases what Polestar has planned for its future EVs from both a design and sustainability standpoint. Whether cinematic drones will be included or not remains uncertain, however. More…
Hyundai aims to sell 1.87 million EVs in 2030
Hyundai Motor Company has presented a strategic roadmap to accelerate its electrification ambitions. In order to achieve the higher sales targets, further development of the electric vehicle platform E-GMP, which relies on batteries with higher energy density, is to be presented as early as 2025. Under the new plan, unveiled at a virtual ‘CEO Investors […] More…
GM Dumped Lordstown Motors Stock In The Fourth Quarter Of 2021
The automaker did not disclose the exact timing of the open market sale or how much money it made from it. More…
Stellantis raises EV targets once again
Stellantis has presented its strategic plan for the coming decade with ‘Dare Forward 2030’. In it, the car company formulates the goal that by the end of this decade, 100 per cent of its sales in Europe and 50 per cent of its sales in the USA will be purely battery-electric vehicles. There is also […] More…
StoreDot says that by 2024, its battery cells will achieve 100 miles of range after just five minutes of charging
StoreDot, an Israel-based electric vehicle battery startup, says it will deliver battery cells that will be able to achieve a charge of 100 miles of range in just five minutes. The company says that those battery cells will be ready for mass production in 2024 and that it will be able to manufacture cells that can achieve 100 miles of range in just three minutes by 2028. More…
Yamaha likely to unveil at least one new electric scooter soon. Here’s what we already know
Yamaha has been on an electric scooter roll lately, unveiling new models and teaming up with swappable battery industry leaders. Now we’re seeing new signs that point towards another electric scooter launch from Yamaha. More…
Quick Charge Podcast: March 1, 2022
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…
Rivian announces 2 motor and smaller battery options, config updates, and steep $12,000+ price increase
Rivian today announced several significant price increases for its R1T electric pickup truck and R1S electric SUV that have resulted in the cost of many reservation holders’ configurations rising by more than $12,000. The price increases come as Rivian is trying to ramp production and make its electric vehicle profitable while adding lower component tiers that will arrive as early as 2024.. More…
Electric Jeep and Ram 1500 BEV teased in Stellantis’s ‘Dare Forward 2030’ strategy to become carbon neutral by 2038
Multinational automotive manufacturer Stellantis has officially joined the electric revolution by recently outlining its blueprint for net zero carbon emissions by 2038. The conglomerate’s strategy, called Dare Forward 2030, calls for 50% of US vehicle sales and 100% of European sales to be BEVs by the end of the decade. Stellantis also teased two upcoming EVs under its marques: Jeep’s first electric SUV and a Ram 1500 BEV pickup said to deliver some leading performance. More…
Tesla deploys big 37-Megapack project in Alaska to replace gas turbines
Tesla has now deployed and unveiled a big 37-Megapack project in Alaska that will help replace gas turbines with a more sustainable solution. More…
US: Kia EV6 Entered The Market In February With A Sales Splash
More than 2,000 units were delivered in the first month. More…
Rivian Announces Dual Motor And Smaller Battery Options; Hefty Price Increases
We love the dual-motor option that employs new motors designed in-house. The price increases, not so much. More…
Dodge’s Electric Muscle Car To Make “Shocking” Sound: Stellantis CEO
Carlos Tavares says Dodge’s team is creating a sound “that you cannot imagine.” More…
