According to a media report, Norway’s new government is planning a luxury tax on expensive electric cars. Specifically, the future cabinet plans to impose a 25 per cent value-added tax on the portion of the purchase price that exceeds 600,000 kroner (about 60,000 euros). According to a Reuters report, the introduction of the tax is […] More…

Renault is working on a new all-electric SUV model to be unveiled at the Paris Motor Show in 2022 and launched in 2023, according to a British media report. The new Renault BEV is to use the Alliance CMF-EV platform. As the magazine Auto Express reports, citing information from development board member Gilles Le Borgne, […] More…

The Chinese car company Geely wants to list its Swedish passenger car subsidiary Volvo Cars on the Stockholm stock exchange before the end of this year. New shares are expected to raise gross proceeds of around 25 billion Swedish kronor (2.5 billion euros). Geely wants to remain the largest shareholder. It is still only a […] More…

ABB has entered into a collaboration with Epiroc and Boliden, a mining equipment manufacturer and mining company from Sweden. The trio is working to develop and demonstrate a trolley truck system on a test track at the Kristineberg mine in northern Sweden. The system will be based on Epiroc’s zero-emission mine transport vehicle Minetruck MT42 […] More…

Tesla is now claiming that their employees who had migrated to Rivian were “caught red-handed” stealing core technology for next-generation batteries from Tesla. This is an expanded ongoing lawsuit that began last year when Tesla took Rivian to court for allegedly stealing trade secrets about poaching employees. A California state court judge in San Jose […] More…

In the UK, Westminster City Council (central London) and its waste contractor Veolia have unveiled a 60 strong fleet of new and ‘upcycled’ electric vehicles. This means that street cleaning services in London’s famous West End are now completely fully electric. The new electric fleet is made up of electric refuse collection vehicles  (e-RCVs) to […] More…

Hitachi and Hitachi Astemo are developing a compact and lightweight in-wheel drive system for electric vehicles that combines motor, inverter and brake in one unit. Hitachi Astemo plans to use the drive system in its electric vehicle product range. Hitachi Astemo (short for “Advanced Sustainable Technologies for Mobility”) is a joint venture between Hitachi Automotive […] More…

NASA has selected two US companies to support its Electric Powertrain Flight Demonstration (EPFD). It is about the development of electric aircraft engines in the megawatt class. The contracts will go to GE Aviation and MagniX. With the EPFD programme, NASA wants to develop electric propulsion technologies that could be used in US passenger aircraft […] More…

Ardian and FiveT Hydrogen have announced the beginning of Hy24, “the world’s largest investment platform focused exclusively on clean hydrogen infrastructure”. Hy24’s first fund is expected to have a volume of 1.5 billion euros. The investment platform is being set up by Ardian and FiveT Hydrogen as a joint venture. According to a statement by […] More…