Elon Musk has let Twitter users vote on whether he should sell a tenth of his shares in Tesla for higher tax payments. A majority is in favour. Musk wants to abide by the vote – but he has not given a time frame for the sale. “Much is made lately of unrealised gains being […] More…

Truck manufacturer Daimler Truck and the energy group Total have signed an agreement to work together on the development of a hydrogen infrastructure for heavy trucks in the European Union. The two corporations will initial focus on Germany, the Netherlands, Belgium, Luxemburg and France. Daimler says that the cooperation includes the procurement of hydrogen, including […] More…

In North America, bus manufacturer NFI Group and recycling company Li-Cycle are cooperating to offer battery recycling to public transport customers there. The partnership builds on a successful pilot e-bus battery recycling programme between NFI subsidiary New Flyer and Li-Cycle. We reported on the completion of this pilot earlier this year. New Flyer supplied Li-Cycle […] More…

The fast-charging provider Fastned is increasing its prices in several countries in continental Europe. The new prices come into effect on 11 November 2021 from 12 noon. The price increase is in response to ever-increasing overall energy prices, despite the fact that FastNed exclusively uses renewable energy. “We don’t like to do this.” Fastned says. […] More…

Freudenberg has launched the HyFleet research project with ZF Friedrichshafen and FlixBus. The partners want to develop a fuel cell drive system for long-distance buses by 2024. In addition to the three companies mentioned above, a “major European bus manufacturer” that has not been named is also participating in HyFleet. In the first phase of […] More…

Evergrande New Energy Vehicle plans to raise fresh capital by issuing more shares to six investors. Specifically, about 174.8 million shares at HK$2.86 each will be placed for expected gross proceeds of about HK$500 million (55.5 million euros). The company plans to use the proceeds for research and development and vehicle production. But the capital […] More…

The US electric car manufacturer Rivian is now completing its announced US IPO and placing 153 million shares on Wall Street at 78 US dollars each. Rivian is now listed on the Nasdaq Global Select Market under the ticker symbol RIVN. Rivian is making its debut on Wall Street on its own and is not […] More…

At the World Climate Conference in Glasgow, 30 countries, 11 carmakers and other partners issued a joint declaration to move away from the internal combustion engine. The goal is to be emission-free worldwide for passenger cars and LCVs by 2040. But some of the signatories have already set themselves stricter targets. According to the British […] More…

At the World Climate Conference in Glasgow, 24 countries, six major carmakers and other partners issued a joint declaration to move away from the internal combustion engine. The goal is to be emission-free worldwide for passenger cars and LCVs by 2040. But some of the signatories have already set themselves stricter targets. According to the […] More…

Volkswagen may build a completely new factory in Wolfsburg for its next generation of electric cars (project “Trinity”). The source for this is none other than VW brand manager Ralf Brandstätter. A decision is to be made in December. A brief review: In October there were reports that VW was considering building a new assembly […] More…