Tesla’s stock (TSLA) is currently taking a beating and losing over $150 billion in value amidst the confusion around Elon Musk’s Twitter(TWTR) acquisition. The main question on investors’ minds is: is Elon Musk selling Tesla stocks. More…
Eve Energy to build 50 GWh battery plant in Chengdu
The Chinese battery cell manufacturer Eve Energy, whose customers include BMW, is planning a new production facility with a capacity of 50 GWh per year in Chengdu. The new factory, which will also include a research institute, will be built in two phases with 20 GWh and 30 GWh respectively. In total, Eve Energy is […] More…
FreeWire gets $125Mn in latest funding round
FreeWire Technologies has raised $125 million in new capital. The company says it will use the new money to accelerate commercial deployments of its battery-boosted EV charging technology and increase manufacturing capacity as well as R&D. FreeWire, a US company that counts BP Ventures amongst its early investors, also points to “high priority markets such […] More…
Wiesmann shows 800-volt roadster with production planned
The German sports car manufacturer Wiesmann has presented an all-electric roadster with 800-volt architecture under the project name Thunderball. It is still a concept, but it is intended to go into series production: Interested parties can already pre-order the 500-kW sports car. Although it is a purely electric car, the Thunderball is recognisable as a […] More…
Ford Loses $3.1 Billion In Q1 2022: Loss Due To Rivian Stock
Prior to investing in Rivian, Ford was profitable. More…
VW considers building second plant in the USA
Volkswagen is considering the construction of a second plant in the USA. It could be built directly next to the current factory in Chattanooga. According to media reports, a battery cell plant in the area is also being considered. No decision has been made yet, but the move has been in the offing for months. […] More…
Nikola Celebrates The Customer Launch Of Serial Production In Arizona
In 2023, the all-electric Nikola Tre Class 8 semi-truck is expected to be joined by a hydrogen fuel cell version. More…
Xpeng receives 7.5 billion yuan expansion credit
The Chinese electric car manufacturer Xpeng receives a credit line of up to 7.5 billion yuan from the Agricultural Bank of China for the further expansion of its business activities. This is equivalent to 1.08 billion euros. The money is to be used to support the manufacturer’s growth, according to a Chinese press release from […] More…
Elon Musk Wins In $13B Lawsuit Related To Tesla’s SolarCity Deal
The judge finds that Musk didn’t persuade Tesla to acquire SolarCity simply to personally enrich himself. More…
2023 Polestar 2 gets improved range, fresh colors and wheels
The 2023 Polestar 2 gets a handful of updates for the new model year, including fresh colors and wheels. Polestar also claims range improvements and a lower carbon footprint from the use of renewable energy in the manufacturing process. The new exterior colors are Space and Jupiter, which Polestar describes as “metallic black” and “gold-grey with… More…
Ex Chargemaster CEO David Martell launches intuitive home charger Evios One
Chargemaster’s former CEO David Martell has launched a new company called Evios that just presented its first home charger. According to the company, the Evios One is the “smartest and most intuitive charger” on the market. Superlatives aside, Evios claims you need no manual and has indeed some forward-looking features. There is, for example, a […] More…
Tesla’s Elon Musk Loses “Twitter Sitter” Battle In Court
It seems Musk will still have to have his tweets monitored even if he takes ownership of Twitter. More…
Arcimoto turns its 3-wheeled electric vehicle into Hollywood’s next backward-facing film crew car
Oregon-based Arcimoto has a whole new use for its three-wheeled electric vehicles in the form of the Cameo, a slightly different spin on its popular FUV electric three-wheeler. More…
Watch The Volkswagen ID Buzz Development Documentary
The new new ID Buzz looks the way it does because of tradition, but creating it is a thoroughly modern process. More…
Here’s What $21,200 Worth Of Tuning Looks Like On Tesla Model Y
Besides the sporty body kit, Startech has livened up the interior and fitted the electric crossover with a digital instrument cluster. More…
Blink Charging makes first UK entry as it acquires Electric Blue
The US company Blink Charging has entered the British market by acquiring Electric Blue (EB Charging). The UK based company adds more than 1,150 chargers to Blink’s footprint, having stepped in more than 18 countries. Blink Charging disclosed the acquisition value at $23.4Mn (€22.2Mn or £18.8Mn) in cash, stock and earn-out. The US company’s wholly-owned […] More…
EV Smart Charging Can Further Reduce Emissions: New Report
EVs don’t produce tailpipe emissions, but charging isn’t emission-free. More…
Saudi Arabia agrees to buy up to 100,000 Lucid EVs
In a deal announced Monday, the Saudi Arabian government will purchase up to 100,000 Lucid electric cars over a 10-year period, with initial deliveries scheduled to start by the second quarter of 2023. The deal includes an initial commitment of 50,000 vehicles, with an option to purchase 50,000 more, including the Lucid Air and “other future… More…
New UK fleet roaming network announced and led by Paua
Today, Paua, a newcomer to the e-mobility space announced in 2020, published a milestone. The roaming business says it has now signed up companies amounting to access to 10,000 charge points across the UK. Their clients include leading providers such as Osprey, Fastned, Ionity, Connected Kerb, Char.gy, and Mer. Paua, in today’s news, suggests there […] More…
Kia presents the Niro Plus for taxi and ride-hailing services
Kia has presented the Niro Plus, an optimised version of the first generation of its Niro EV for taxi services and ride-hailing providers. Compared to the standard model, the length and height of the Niro Plus have been increased by 10 mm and 80 mm, respectively, to provide more space in the interior. The Niro […] More…