Fleet electrification firm Zenobe has secured a $400m AUD financing facility to support the deployment of electric commercial vehicles in Australia and New Zealand. The company describes it as the region’s “first integrated, multi-site heavy vehicle fleet electrification financing platform.” Read more…
Slate Truck Vs. Chevy Bolt Vs. Nissan Leaf: Which Affordable EV Actually Wins?
How does America’s cheapest electric truck compare to other affordable models? Read More…
Toyota scrapped the flagship Lexus EV, but a successor just got the green light
Toyota will not move forward with the Lexus LF-ZC. While the flagship EV has been canceled, the next-gen technology that it was set to use, including new batteries, a dedicated platform, and gigacasting, is ready. A company executive confirmed that a successor is in the works. Read more…
CATL chairman flags long road to solid-state battery mass production
CATL’s chairman said solid-state batteries must still clear three main hurdles before mass production. Read more…
Stuttgart welcomes four electric bin lorries
Mercedes-Benz Trucks has handed over the first five of a total of ten eEconic vehicles to the Stuttgart waste management authority. The electric refuse vehicles are stationed at a newly established depot in Stuttgart-Wangen. According to the partners, the EVs are working well in Stuttgart despite the challenging topography. Read more…
Rivian drops entry-level R1T and R1S as focus shifts to R2
Rivian has quietly removed the lowest-priced versions of its flagship R1T pickup and R1S SUV from its online configurator. It signals a shift toward higher-margin vehicles ahead of the launch of the R2 crossover. Read more…
The Peaq Is Peak Skoda. Too Bad America Can’t Buy It
The Peaq is a big, sensible, seven-seat electric SUV with serious space and range and a very reasonable price. Read More…
At $24,950, The Slate Truck Will Test What America Really Wants
The Slate will be both the country’s cheapest new electric vehicle and its lowest-priced pickup. But will it be an automatic slam dunk? Read More…
Why The Slate Truck Will Use LFP Batteries After All
Slate initially planned to use NMC cells for its bare-bones, affordable EV. Then it changed course. Read More…
China’s NEV retail sales fall 10% in first three weeks of June
China’s NEV retail sales totaled 583,000 units in the first 21 days of June, down 10% year-on-year, but up 11% from the same period last month. Read more…
2027 Slate EV pickup: $25K+ prices, delivery by end of year, 205-mile range and more
Slate Auto unveils its $25K+ electric pickup with 205-mile range, LFP battery pack, and delivery planned by end of 2024 for 180,000 reservation holders. Read more…
VW software firm Cariad opens AI Hub in Berlin
Volkswagen’s software subsidiary Cariad is consolidating part of its team from seven locations into a single central hub. To this end, Cariad has now opened an ‘Automotive Software Campus’ in Berlin. This is intended to contribute to Cariad’s current cost-cutting measures. Read more…
Car subscription provider Finn raises €140 million in funding
The car subscription platform Finn has completed a financing round of nearly €100 million euros and additional deals worth a further €40 million euros. The company, which is increasingly specialising in electric cars, is now valued at just over one billion euros according to its own statements and has achieved ‘unicorn’ status for the first time. Read more…
Utah’s largest solar + battery storage project is officially online
Utah’s largest solar and battery storage project is now officially generating electricity. Read more…
CATL expects at least 10,000 EVs to use its sodium batteries this year
A CATL executive said 10,000 to 20,000 EVs are expected to carry the company’s sodium-ion batteries this year. Read more…
Spain’s new EV incentive scheme to launch in July
Spain’s new ‘Plan Auto+’ subsidy program is nearly ready for launch. Applications can reportedly be submitted from July, and retroactively for EVs purchased from January 1, 2026. The maximum grant is €4,500 per vehicle, but complex conditions apply. Read more…
Solaris expands annual capacity by 500 buses
Polish bus manufacturer Solaris has opened a new production hall in Środa Wielkopolska near Poznań. With a total area of over 7,000 square meters, the facility will be used for the final assembly of city buses. This is set to increase the company’s annual capacity by 500 buses. Read more…
BEVs over Hydrogen: South Korea considers reallocating subsidies
The South Korean government is apparently considering reallocating household funds earmarked for hydrogen cars and hydrogen filling stations to EV subsidies instead. This would benefit the current EV incentive program, the budget of which would otherwise likely be exhausted by August. Read more…
JEDEC releases two SiC reliability guidelines for power conversion
JEDEC releases new SiC power device reliability guidelines JEP203 and JEP204, standardizing testing for EV inverters and power conversion applications. Read more…
Nio seeks Hong Kong primary listing to open door to Stock Connect
Nio has been in talks with Hong Kong regulators, hoping to convert to a primary listing without changing its user enterprise governance. Read more…
