US-based Aptera Motors is now accepting pre-orders for its three-wheeled solar electric car, which is advertised as having a range of up to 1,000 miles, equivalent to around 1,600 kilometres.
Tag : Startup
Following General Motors, Bosch is now also distancing itself from Nikola, a US startup specializing in fuel cell and battery trucks. The German automotive supplier has reduced its stake in Nikola, according to a media report.
Sono Motors has announced its chassis development collaboration with Team Rosberg Engineering (TRE), covering the development, simulation and production of a suspension and chassis system.
Sono Motors has announced its intention to present the new prototype generation of the Sion at CES in January 2021. According to a media report, that might soon not be Sono Motors' only connection to the U.S.: the Munich-based startup is reportedly aiming for the U.S. stock market.
California-based eMobility startup Canoo delivers a preview of an all-electric, multi-purpose delivery vehicle based on the company's familiar platform.
Charging infrastructure specialist Xcharge has installed 50 charging points at the island's four airports and charging infrastructure at high-traffic locations along the most popular tourist routes for rental car company Hertz in Corsica, with all DC units delivering 120 or 150 kW.
e.GO Mobile plans to start production at its main plant in Germany in early 2021 after relaunching under the Next.e.GO Mobile name. The Aachen, Germany-based electric car manufacturer has also signed an agreement with the Greek government to set up a second series production facility.
Zoox, the Californian startup acquired by Amazon in June 2020, presents a preview of its first robotaxi, which is powered purely by electricity and comes without a steering wheel or cockpit, meaning it is designed for fully autonomous driving.
Munich-based Sono Motors has closed a 45 million euro financing deal. So far, there are around 12,400 pre-orders for its Sion solar electric car. A few days ago, Sono Motors had announced that it would present the new prototype generation in January.
Gebauer Elektrotechnik has inaugurated its first public charging park near its headquarters in Bretzfeld-Schwabbach on the A6 motorway. The site includes ten AC charging points and uses the "smopi - Die Ladeschranklösung" (smopi - the charging cabinet solution) system from the company's in-house startup of the same name.
Which new electric cars will be launched in 2021? In the price range between 30,000 and 50,000 euros, the choice is growing. In addition to the compacts, an armada of heavyweight E-SUVs is rolling towards us. Christoph M. Schwarzer looks for us at the electric offerings of the new year!
Jolt Energy will install its storage-based fast-charging solution MerlinOne at up to 40 ESSO filling stations in city centres in southern Germany next year. An agreement to this effect has now been signed by Jolt Energy Group and EG Group.
Chinese manufacturer Xpeng has started delivering its electric cars to customers in Norway. 100 units of the Xpeng G3 E-SUV are currently being handed over to their new owners in 28 Norwegian cities. Prices of the electric car start at 358,000 kroner in Norway, the equivalent of around 33,700 euros.
Electric car startup Rivian is reportedly close to closing a multi-billion dollar funding round, with a media report saying the new investments will give Rivian a valuation of $25 billion (around €20 billion).
California-based electric car startup Mullen Technologies says it has landed a potential major order, with Florida-based Unlimited Electrical Contractors (UEC) issuing a non-binding letter of intent to purchase up to 10,000 units of the MX-05 e-SUV.
Ford wants to equip electric pedal scooters from its micromobility subsidiary Spin with driver assistance systems in cooperation with Drover AI - but not necessarily for driving, but to record traffic violations.
Struggling e-car startup Byton is negotiating a collaboration with Apple contract manufacturer Foxconn, according to a media report, for a $200 million investment, with plans reportedly to start mass production of the Byton M-Byte in the first quarter of 2022.
Luxembourg-based startup UFODrive, which rents out electric cars via app in several European cities, has launched a crowdfunding campaign, with a funding platform now raising money for the company's expansion plans.
The provider of B2B charging solutions is restructuring its management team in the course of its expansion: The two founders Robin Geisler and Klaus Huber are leaving the management team, COO Günter Fuhrmann is taking over. With the departure of the founders, majority owner Statkraft is also taking over their remaining shares in the company.
Chinese electric car maker Xpeng has announced another e-sedan, which will be the third model in its portfolio alongside the G3 compact SUV and the P7 sporty sedan. The new model is set to be unveiled later this year, with large-scale production also set to begin before the end of 2021.
The Volkswagen Group has added further manufacturers to its European CO2 pool, including companies whose electric cars are intended to reduce the CO2 fleet value of the pool.
Electric car maker Lucid Motors is currently in talks to go public through a merger with an investment firm, according to a media report, and if a deal is struck, it could be worth around $15 billion.
Chinese e-car maker Xpeng plans to decide which European countries to enter next within the next four months, and in an interview on its expansion plans, Xpeng president Brian Gu also indicated that electric car production in Europe is also a possibility in the future.
Chinese electric manufacturers BYD and Nio have raised fresh money, with BYD raising around $3.9 billion through the sale of new shares and Nio successfully placing two bonds for a total of $1.5 billion.
French startup MACA has unveiled the concept of a hydrogen-powered racing flying car, the Carcopter, at CES 2021. Yes, that's right, the founders want to create a flying car competition to accelerate innovation in the eVTOL market and generate revenue from racing.
California-based electric car startup Faraday Future is planning to build a plant in China with an initial annual production capacity of more than 100,000 vehicles, according to insiders, and is also negotiating with Geely for contract manufacturing.
French company EasyMile and Sono Motors have partnered to integrate Sono Motors' solar technology into the EZ10 autonomous shuttle, which EasyMile says has already exported its self-driving electric model to more than 30 countries.
Vietnamese startup VinFast has previewed its first three electric models. Called the VF31, VF32 and VF33, they are SUV models that fall in the C, D and E segments, respectively. The manufacturer is already giving initial specs, but no prices yet - although it plans to start taking orders in Europe as early as this year.
Electric car maker Xpeng is recalling 13,399 units of its G3 model built between March 29, 2019 and September 27, 2020 in China due to a potential problem with the inverter that can cause the cars to lose power while driving.
Lordstown Motors plans to start production of its all-electric Endurance pickup truck this September, and with that in mind, it has signed a multi-year contract with LG Energy Solution to supply battery cells.
The Munich I public prosecutor's office is investigating insolvency proceedings at Ismaning-based Byton GmbH, but the company denies media reports that ex-CEO Daniel Kirchert has fled the investigation to Hong Kong.
Faraday Future has found a partner for its long-announced IPO. After merging with investment firm Property Solutions Acquisition, the new Faraday Future Inc. will trade on Nasdaq under the ticker symbol "FFIE." The company has also entered into a master agreement with Geely.
Israeli eMobility startup Ree Automotive is also moving to the U.S. Nasdaq exchange, once again using a merger with an investment firm, in this case 10X Capital Venture Acquisition Corporation. The deal is expected to bring Ree around $500 million.
Swedish startup Unimi Solutions has partnered with Stradal to manufacture and market its universal and modular anchoring solution Unimi-1base for charging infrastructure in France.
The electric car rental company UFODrive has announced a cooperation with the Munich-based electric car startup Sono Motors. The solar car Sion is to become part of UFODrive's fleet in the future. Both companies have or are in the process of raising fresh capital via crowdfunding.
Czech startup Nimble Energy has unveiled a mobile charging service for electric cars. The company, which specializes in mobile storage and charging stations, is launching an on-demand delivery service for charging electricity.
Electric car startup Rivian, which is backed by Amazon and Ford among others, is looking for European locations for a new plant, according to informed sources, with Germany, the UK and Hungary among those under discussion.
Israeli eMobility startup Ree Automotive, which announced its IPO on the U.S. stock market a few days ago, is investing $92 million (about €76 million) in a new "Engineering Center of Excellence" in England, specifically in the central English county of Warwickshire.
Spanish startup Lupa has announced plans to build one of several planned production facilities in Uruguay. The factory is scheduled to go into operation in 2024, where it plans to build the featured e-small car and an e-delivery van, among other things.
Aachen-based e-car startup e.GO Mobile, which now operates under the name Next.e.GO Mobile after being acquired by a Dutch investment group, has closed a Series B financing round of more than €30 million to start production at its Aachen plant.
Nikola Motor presents its financial results for the fourth quarter of 2020 and takes stock of the whole of 2020. On the bottom line, the US startup posted a loss of $383 million last year. Nikola also plans to send only 100 vehicles into customer testing this year instead of 600.
The Chinese electric car manufacturer Nio has presented its financial figures for the fourth quarter of 2020 and the full year 2020. In the final quarter, Nio was able to significantly increase sales and deliveries. However, Nio no longer mentions the European launch, which was actually planned for 2021, in the outlook of its annual report.
Chinese e-car maker Xpeng delivered 2,223 vehicles in February, and is expected to grow 577 percent this year. The Chinese also plan to offer LFP batteries as an option for their G3 and P7 models in the future.
Chinese e-car maker Xpeng has released its 2020 financials, with key financials improving and sales also more than doubling - but only to 27,041 electric cars.
California-based startup Canoo has unveiled an electric pickup truck that will be available for pre-order starting in the second quarter of 2021 and will begin shipping in 2023. It will be available with either one or two electric motors and will offer more than 200 miles (320 km) of range.
Dutch startup Lightyear, which emerged from TU Eindhoven's solar team, has closed the company's largest funding round to date at $48 million. The capital will help Lightyear make the first customer deliveries of its long-range solar car, Lightyear One, by the end of this year.
Volvo Group has invested in Israeli startup Driivz, a software specialist for charging solutions that has developed a platform for comprehensive management of large charging systems for electric vehicles.
According to a media report, after Bosch, the South Korean Hanwha Group also wants to reduce its stake in the US startup Nikola, which specializes in fuel cell and battery trucks, but the development cooperation is to be continued.
California startup Humble Motors is unveiling the concept of an electric SUV that features 7.5 square feet of solar panels. The Humble One is expected to go into production in 2024 and begin shipping in 2025. The company is already taking reservations.
The startup Elvah has launched a charging app with a Germany-wide charging flat rate. Elvah advertises that it is the first to offer access to all public charging stations of all providers in Germany.
China's first e-car manufacturers have released their sales figures for March and for the completed first quarter of the year, with BYD, Nio and Xpeng's statistics showing - unsurprisingly - a strong increase in sales compared to the start of 2020, which was overshadowed by the start of the pandemic.
Chinese electric car maker Xpeng has announced plans to build another plant, in Wuhan, with an annual capacity of 100,000 cars. No timetable has yet been given for construction or even production to begin.
Chinese electric car maker Xpeng has delivered a first look at its third production model after the G3 compact SUV and the P7 large sedan. The third Xpeng model is called the P5 and is effectively a little brother to the P7 - but in some ways it is superior to the P7.
The Viennese e-car sharing start-up Eloop (formerly Caroo Mobility) is benefiting from a seven-figure investment. In return, a subsidiary of the Graz-based C&P Immobilien AG and the Luxembourg fund of the European Super Angels Club are investing in the sharing provider.
Nikola, the US developer of battery and fuel cell trucks, together with Iveco, has signed a memorandum of understanding with the transmission system operator OGE (Open Grid Europe). The partners are planning a business model for the pipeline-based transport of hydrogen for FCEVs from various production sites to hydrogen filling stations in Germany.
It had already been hinted at, but now it's official: on April 20, the Munich District Court ordered the provisional insolvency administration of Byton GmbH, the German subsidiary of the Chinese electric car startup Byton.
Ekoen has announced the development of 100 fast charging locations in Poland, each of which will include several fast and ultra-fast charging stations, as well as a lounge and café for waiting. The Polish startup wants to explicitly focus on the convenience of e-car drivers when it comes to charging.
Chinese electric car maker Nio has launched construction of a massive industrial park called Neo Park in Hefei, which will be home to an industrial cluster for smart electric vehicles that will not only build Nios but also house hundreds of other companies.
Chinese e-car maker Aiways has released the first images of the production version of its second electric model after the U5. The Aiways U6 crossover coupe is set to launch in China and Europe later this year.
Nio plans to deliver the first ES8s in Norway in September 2021, and the Chinese automaker has now announced that Norway will also be the first overseas market to offer the company's full charging infrastructure - including battery swap stations.
Solar electric car startup Sono Motors has reached an agreement with MAN Truck & Bus to investigate the technical and economic feasibility of integrating its solar technology on MAN's eTGE electric van.
Electric car sales from Chinese manufacturers BYD, Nio and Xpeng all saw significant gains in April, with the two startups in particular seeing a significant increase in sales. Somewhat confusing figures for April, on the other hand, come from Tesla.
Chinese electric car maker Xpeng has reported its financial results for the first quarter of 2021, with sales and revenue up significantly year-on-year, but the e-car startup remains in the red.
California-based eMobility startup Canoo has priced its first model. Called the Lifestyle Vehicle, the model will cost between $34,750 and $49,950, depending on the variant. The model name isn't the only change from the concept car.
Next.e.GO Mobile wants to enter the Mexican market and is cooperating with Questum, a subsidiary of the Mexican industrial consortium Grupo Quimmco, to set up a production facility in the form of a microfactory in the Latin American country.
Chinese electric car maker Nio has extended its manufacturing cooperation with state-owned Jianghuai Automobile Group (JAC) until May 2024, under which JAC will continue to produce Nio's ES8, ES6, EC6, ET7 electric models and possibly other future Nio models at its Hefei factory.
Rivian, the electric car startup backed by Amazon and Ford, among others, has slightly delayed the delivery start date for the Launch Edition of its R1T e-pickup - from June to July 2021, with deliveries announced to be completed in spring 2022.
Electric car startup Lordstown Motors has officially warned of going-concern risks for the company in a filing with the U.S. Securities and Exchange Commission. CEO Steve Burns had already made public a need for more capital a few weeks ago, and the planned start of production in the fall appears to be in jeopardy.
Chinese electric car manufacturer Aiways is tackling its next export market in Europe, with plans to sell the Aiways U5 e-SUV in Italy later this year through a partnership with Italian vehicle importer Koelliker Group.
Electric car manufacturer Next.e.GO Mobile began selling its special edition e.GO Life Next in Germany this week, and founder Günther Schuh has also completely retired from the company, effective June 1.
Mobilize, Renault's new mobility brand announced in January, presents its projects for the next few years, including Duo, Bento and Hippo, three fully electric shared mobility vehicles for transporting people and goods.
Californian eMobility startup Canoo has unveiled plans for the production of its vehicles, initially relying on VDL as its manufacturing partner from next year. The Canoo debut model is to be built at Dutch manufacturing plant VDL NedCar from 2022 accordingly.
French startup Hopium has unveiled the prototype of its debut hydrogen-powered sedan. The Hopium Machina will be produced on an "industrial scale" in the future, with the company planning a more detailed presentation in the first quarter of 2022.
Munich-based startup Sono Motors is significantly upgrading its Sion solar electric car. Instead of the previously planned 35 kWh battery capacity, the Sion will get a 54 kWh battery with LFP technology. The solar electric car's price of €25,500 (including German VAT) is to remain unchanged.
A number of new car brands are pushing into Europe. One representative is Aiways from Shanghai. The manufacturer has chosen an interesting sales and service concept for its U5. Is the SUV suitable for the fleet? Here is the driving report by author Dirk Kunde.
Next.e.GO Mobile has resumed production of the Life e-small car in Aachen, Germany, after the manufacturer began selling the special edition e.GO Life Next in Germany in June. 500 cars are expected to be completed by the end of the year - some with a new charger.
Chinese electric car maker Aiways has entered into a joint venture agreement with CATL-backed KBVIP to build a network of more than 100 "AI smart supercharge" fast charging sites across China.
US startup Rivian, backed by Amazon and Ford among others, plans to sell its electric vehicles in Europe from early 2022, the company confirmed in an email to a potential European customer.
Electric car maker Xpeng has given its first G3 model, launched in China at the end of 2018, a design update. The launch of the revamped version took place in China these days, and the first deliveries are expected to be completed in September.
In its first competition in the field of electromobility, the Siemens Stiftung has awarded prizes of between €10,000 and €50,000 to five African social enterprises. The money will be used to help the winners establish their products and services on the market.
Nikola, the US developer of battery and fuel cell trucks, has significantly expanded its sales and service operations in the US, adding 51 new locations in Texas, Arizona, California, Colorado, New Mexico, Florida, Delaware, Virginia and Maryland through cooperation with five new independent dealers.
Chinese electric car maker Xpeng has priced its third production model, the P5, to be launched in China in the third quarter of 2021 and delivered in the fourth quarter of 2021. The e-sedan will start at prices starting at 180,000 yuan after subsidies (the equivalent of around €23,500).
California-based electric car startup Lucid Motors plans to start delivering its cars in Germany next year, Germany CEO Roberto Russo confirmed to electrive.net. Deliveries are also set to start in other European countries in 2022.
Chinese electric car maker Aiways has released details of the interior of the production version of its U6 e-SUV coupe. While the model basically shares a platform with the already available U5, it goes its own way in the interior.
Electric car startup Rivian has landed a PR coup, with Amazon founder Jeff Bezos and his crew driving the Rivian R1S e-SUV to the launch pad on Tuesday ahead of their trip into space. The choice of car doesn't come as a complete surprise, however: Amazon has invested heavily in Rivian and has also ordered 100,000 e-delivery trucks from the US startup. nbcnews.com, twitter.com (video)
Rivian Automotive is planning to build a second assembly plant in the U.S. This could be more than just a vehicle plant. A location has not yet been found, but several U.S. states have apparently applied to the company.
The Californian electric car manufacturer Lucid Motors is now listed on the stock exchange. The company has merged with the listed investment company Churchill Capital IV (CCIV) for this purpose. The share price rose significantly on the first day of trading.
By law, the market for GHG quota trading will also be opened to operators of electric fleets from 2022 onwards. This means that three- to four-digit euro revenues per year and e-vehicle await. The company GreenTrax is active in quota trading and explains everything worth knowing for fleet operators in the following guest article.
Chinese electric car maker Xpeng has announced plans to expand its existing plant in Zhaoqing, doubling annual production capacity there to 200,000 vehicles.
Starcar has become the first car rental company in Germany to add the Aiways U5 to its fleet. Specifically, at least 130 of the electric cars will be delivered to Starcar in August and distributed to their locations nationwide.
Sven (Shared Vehicle Electric Native), the small electric car developed by the Aachen-based eMobility startup Share2Drive for car sharing, is likely to be launched two years later than planned. Originally, the 2.5-meter short and 1.75-meter narrow 2+1-seater was to be released in the current quarter.
Founded in 2014, the Israeli startup City Transformer is presenting its resizable Urban EV to the general public for the first time at the IAA Mobility in Munich and is already giving the most important data in advance. The start of series production is planned for 2023.
Aachen-based e-car manufacturer Next.e.GO Mobile has closed a Series C financing round worth the equivalent of a good 48 million euros, bringing the company's total raised from investors to 78 million euros within just a few months.
Chinese electric car maker Xpeng has reported its financial results for the second quarter of 2021, with deliveries climbing to 17,398 vehicles from April to June, a 439 percent year-on-year increase. Xpeng also announced plans to release at least two new models every year starting in 2023.
Electric car maker Rivian says it has filed its documents with the U.S. Securities and Exchange Commission for an initial public offering (IPO). According to the filing, Rivian wants to do the IPO on its own and not merge with an exchange shell, as many other eMobility companies have done.
The Swedish e-truck startup Volta Trucks will have its first trucks produced by Steyr Automotive, formerly MAN Truck and Bus Austria, in Austria from the end of 2022. The two companies have now signed a production contract to this effect.
China's e-car makers saw rising sales of electric cars and plug-in hybrids in August, with BYD surpassing the 60,000 new electric vehicle (NEV) sales mark for the first time. By comparison, Tesla sold 44,264 of its China-made vehicles last month.
Nio has unveiled its ET7 electric sedan in Germany - and Europe - for the first time, unveiled earlier this year in China. Nio also confirms that the ET7 will be the first model to be launched in Germany in 2022.
Italian startup XEV has unveiled the production version of its 3D-printed e-small car Yoyo at the IAA Mobility. Sales are now starting on its home market in Italy. Prices are significantly higher than originally announced, at a minimum of €13,900 before subsidies.
After US electric car startup Rivian twice delayed the start of deliveries for its R1T e-pickup, the time has apparently come: according to founder and CEO RJ Scaringe, the first customer vehicle has now rolled off the production line.
The production of e-trucks by US manufacturer Nikola at the Iveco plant in Ulm, announced at the beginning of 2020, is becoming concrete. The production facility has now been officially unveiled. Production of the Nikola Tre in Ulm is scheduled to begin this year - the pilot customer in Europe is to be the Port of Hamburg next year with up to 25 trucks.
Xpeng has now officially launched its third production model P5 in the Chinese market and released in detail the technical specifications and prices. Meanwhile, there are rumors that the P5 could also be launched in Europe.
Starting in 2022, the Dutch city of Utrecht will become a real-life laboratory for electric car sharing in combination with bidirectional charging. Munich-based solar car developer Sono Motors has now announced that it will provide 100 units of its Sion solar e-car for the project in Utrecht.
Taiwanese contract manufacturer Foxconn has put its cooperation with struggling Chinese e-car startup Byton, announced earlier this year, on hold, according to insiders, due to Byton's deteriorating financial situation, according to a media report.
California startup Lucid Motors has released official range ratings for its Air electric sedan from the U.S. Environmental Protection Agency (EPA). At up to 520 miles for the range-topping variant, the Lucid Air has the highest EPA rating yet for an electric car.
Dutch solar electric car startup Lightyear has raised further capital from investors, having already closed the company's largest ever funding round of $48 million in March 2021, with investment now rising to a total of $110 million this year thanks to further backers.
Driivz and Hubject are collaborating to drive the adoption of Plug&Charge, with the impetus coming from Mer Group, which is moving to Driivz's operating system to manage its charging infrastructure in Europe and is set to be the first to benefit from this collaboration.
Upper Austrian eMobility startup Alveri is planning to launch an all-electric station wagon or shooting brake in 2023. The model, of which only renderings are currently available, is to be based on a third-party platform and will initially be unveiled as a prototype next year.
Lucid Motors has officially begun production of the first customer vehicles of its Air e-sedan at its plant in Casa Grande, Arizona, with deliveries scheduled to begin in late October. So far, the manufacturer says it has more than 13,000 reservations.
Swedish e-truck startup Volta Trucks is looking to expand its research and development team in the UK to accelerate the development of the Volta Zero, so the company is launching a hiring drive with the aim of employing more than 280 people by the end of 2021.
Sono Motors and Ari Motors have unveiled a light electric vehicle prototype with solar integration at the Intersolar trade show in Munich, Germany. The solar integration on the prototype's charging box delivers up to 450 watts of peak power, which is expected to extend the vehicle's range by an average of 20 kilometers per day.
Swiss electric car startup Piëch Automotive has begun testing its Piëch GT e-sports car, based on the Mark Zero that was unveiled as a concept car at the 2019 Geneva Motor Show.
Lucid Motors believes it is on track to meet its production targets by 2023 after beginning volume production of its Air e-sedan, and the company plans to raise additional capital for the planned SUV model despite its recent IPO.
Chinese electric car startup WM Motor expects to raise a total of $500 million from investors in a two-part Series D funding round. WM Motor plans to invest the fresh capital in the development of autonomous driving and other technologies and products, as well as in expanding its sales and service channels.
Around 357,000 new energy vehicles were sold in China in September. Battery-electric vehicles, plug-in hybrids and fuel cell vehicles together accounted for a market share of 17.3 percent. BYD continues to be the strongest brand.
Chinese electric car startup WM Motor has unveiled its first sedan, called the M7, which is expected to offer an NEDC range of over 700 kilometers and go into mass production in 2022. Among other things, the model is expected to stand out with autonomous driving technology and a correspondingly high computing power.
Although Sono Motors announced back in 2019 that it would have its Sion solar electric car produced by National Electric Vehicle Sweden (NEVS) at its Trollhättan site in Sweden, there has apparently been no binding production agreement to date. We asked the Munich-based company about this.
Looking ahead to Amazon's big order for 100,000 e-transporters from US startup Rivian, there are new details on the vehicle's specs, including that the van, designed specifically for the online retail giant, will be built in two trim levels and three sizes.
Lucid Motors will begin deliveries of its debut Air model on October 30 at an event in California, where the first Dream Edition reservation holders of the Lucid Air have been invited to take delivery of their vehicles.
Chinese manufacturer Xpeng has now introduced its P7 large electric sedan to the Norwegian market, following deliveries of the G3 e-SUV there since late 2020.
Amazon has now increased its stake in electric vehicle startup Rivian to around 20 percent, according to a filing by the e-commerce giant with the U.S. Securities and Exchange Commission (SEC). The online mail-order company is known to be both an investor and major customer in Rivian.
Nikola has entered into an agreement with Florida-based beverage wholesaler Tri-Eagle Sales to lease 10 Nikola Tre BEV trucks, with the first deliveries scheduled for 2022. Ring Power Corporation, a member of Nikola's sales and service dealer network, is acting as the broker.
Munich-based charging infrastructure startup Qwello has booked a €50 million investment from US private equity firm Tiger Infrastructure Partners. Qwello says it can use the capital to finance its next phase of growth.
Swedish startup Volta Trucks has unveiled the final design of its Volta Zero electric truck, specifically in the 16-tonne version. The design will also be carried over to future 7.5-tonne, 12-tonne and 18-tonne versions, with production of the first 25 prototypes with the final design set to begin shortly.
Chinese manufacturer Aiways will also sell its battery-electric SUVs in Switzerland from next year in cooperation with Alcomotive as its exclusive distribution partner. The Aiways U5 e-SUV will be available in Switzerland from the beginning of 2022, with the Aiways U6 electric SUV coupe to follow during the first quarter of 2022.
US electric car manufacturer Rivian is now completing its announced US IPO, placing 153 million shares on Wall Street at $78 each. Rivian will be listed on the Nasdaq Global Select Market with immediate effect under the ticker symbol RIVN.
Swobbee is adding more battery types to its exchange stations, specifically e-bike batteries from Akku Vision and AES Akku Energie Systeme. At the sharing points, it is already possible to exchange batteries from GreenPack, Okai, Torrot and Kumpan, which are used in e-bikes, e-scooters and e-scooters.
Canoo is moving up its planned U.S. production start date in Oklahoma, with manufacturing to begin there before the fourth quarter of 2022 instead of 2023. In Europe, Canoo reportedly plans to have its debut model built at the Dutch VDL NedCar manufacturing plant as early as 2022.
Chinese manufacturer Aiways plans to sell its electric SUVs in Spain and Portugal in the future and is teaming up with Astara to do so. Spanish and Portuguese buyers will be able to order the battery-electric Aiways U5 online or at dealerships from the first quarter of 2022.
Yesterday's stock market debut of the Munich-based solar car developer Sono Motors got off to a successful start. The shares issued on the US technology exchange Nasdaq at a price of 15 US dollars each closed at 38.20 dollars on the first day of trading. Sono Motors thus currently has a market value of around 2.6 billion dollars.
Renault has taken a 21 percent stake in French electric motor specialist Whylot. The investment does not come without notice: a joint project has already been underway since the summer.
Chinese electric car maker Xpeng has reported its financial results for the third quarter of 2021, with sales from July to September rising to around 5.72 billion yuan (around 800 million euros), but net loss also increasing to just under 1.59 billion yuan (around 220 million euros).
Chinese electric car maker Nio and petroleum company Shell have formed a strategic partnership to collaborate on charging and battery swap facilities in China and Europe.
Xiaomi is planning an electric car plant in Beijing, to be built in two stages with capacity for first 150,000 and then 300,000 e-cars per year. The first Xiaomi electric car is still planned for 2024.
Chinese electric car maker Nio is looking for an "EU Plant Operation Manager" in Mazowieckie, Poland, according to a LinkedIn ad posted by the company, suggesting that Nio plans to build a production facility there to serve European markets.
After its European debut in Norway, the Chinese electric car manufacturer Xpeng also plans to launch in Sweden, Denmark and the Netherlands next year. It is not yet known when Xpeng also plans to come to Germany.
Swedish electric car startup Uniti has returned with news after a lengthy communications hiatus, saying the pandemic has taken a toll on the company, and that a bridge financing deal promised for the end of November has been delayed - currently threatening the company's very existence.
Rumours of a European plant for US electric vehicle manufacturer Rivian have been circulating for some time, and while a production facility near Bristol in England was previously considered the favourite, the Dutch Ministry of Economic Affairs has now confirmed that talks are underway with Rivian about a very specific location in the country.
Sales of New Energy Vehicles hit a new high for the year in November, with 429,000 NEVs sold in the previous month, significantly surpassing the previous record set in October (368,000 vehicles).
Rivian has set the location for its planned second U.S. plant: it will be located east of Atlanta in the state of Georgia and will be capable of producing up to 400,000 electric vehicles per year when completed, with construction scheduled to begin in the summer of 2022 and production to start in 2024.
Chinese electric car maker Nio has unveiled its new mid-size sedan, which is expected to have a range of more than 1,000 kilometers in China's CLTC test with the largest battery option. Deliveries to Chinese customers are expected to begin in September 2022.
Rivian has delayed deliveries of its R1T and R1S models with the largest battery to 2023, saying the reason is that most of the roughly 71,000 pre-orders of the R1T and R1S in the U.S. and Canada have chosen the medium battery option and will be prioritized.
Chinese electric car maker Aiways is reshuffling its management team in a bid to gain more market share in its home market.According to local media reports, Aiways has secured a new round of funding worth hundreds of millions of dollars, involving a major shake-up of its management team - and arguably a change in strategy.
VinFast has presented five electric car models at the CES in Las Vegas. The electric cars are called VF 5, VF 6, VF 7, VF 8 and VF 9. But not all models are new, partly only the name has been changed.
BMW has invested in Munich-based charging infrastructure startup HeyCharge through its venture capital arm BMW i Ventures. The startup raised a total of $4.7 million for its seed funding, with BMW i Ventures as lead investor.
US electric car maker Lucid Motors has now confirmed for the first time that it plans to build a factory in Saudi Arabia by 2025 or 2026, with details currently being negotiated with ministries in the kingdom.
Chinese electric car manufacturer Aiways is "thinking about manufacturing cars in Europe," Aiways CEO Alexander Klose said in an interview, adding that Germany is at least in the running as a factory location.
Easelink, the Austrian developer of the Matrix Charging automated conductive charging solution, has raised €8.3 million in its Series A funding round, led by SET Ventures, but from an eMobility perspective, the investments from EnBW and Wien Energie stand out.
According to financial circles, the Aachen-based e-car manufacturer Next.e.GO Mobile is planning a stock market listing in the first half of 2022. It is not yet clear how the IPO will proceed: Allegedly, both a normal IPO and a so-called SPAC deal are being considered.
Norwegian startup Fresco Motors has shown off an all-electric eight-seat crossover that should make it to around 1,000 kilometers of range thanks to a very large battery. The Fresco XL will get all-wheel drive and a structural battery pack, according to the company's website.
California-based electric car startup Faraday Future has announced a partnership with South Korean automaker Myoung Shin for the production of its second model FF 81.
The expansion into other European countries announced by Chinese electric car manufacturer Xpeng is becoming concrete with the signing of sales and service partnerships in the Netherlands and Sweden. The sales partnerships are soon to be followed by the company's own branches.
Soros Fund Management, the investment fund of billionaire George Soros, acquired nearly 20 million shares of electric car startup Rivian in the fourth quarter of 2021, according to securities filings.
Swedish technology company Einride has ordered 200 8TT electric trucks from BYD for use in the U.S. The vehicles will be assembled in Lancaster, California, and are scheduled for successive delivery in the coming months.
Faraday Future has unveiled the version of its first model planned for mass production, with production of the FF 91 set to begin in Hanford, California, in the third quarter of 2022.
California-based electric car startup Lucid Motors is forced to announce its first small recall a few months after it began shipping its debut Air model, saying there is a possibility that a part of the suspension was improperly assembled by the supplier. Lucid expects that about one percent of the 203 potentially affected cars could have the incorrectly installed part. reuters.com
California-based electric car startup Mullen Technologies plans to equip the second generation of its Five e-SUV with solid-state batteries and is aiming for initial vehicle testing with the technology in 2025.
US electric car maker Lucid Motors plans to start building its planned factory in Saudi Arabia before the end of the first half of 2022, with the location now officially confirmed - as is the production capacity.
Rivian reported its fourth quarter and full year 2021 financials, and due to the expenses of the production ramp-up, the loss widened tremendously. With shipments still at manageable levels, revenues remain low.
Chinese electric car maker Xpeng has opened reservations for its third production model, the P5, in four European countries. Xpeng's smaller e-sedan is now available for pre-order in Denmark, the Netherlands, Norway and Sweden.
Chinese electric car manufacturer Aiways has expanded its European markets to 14 with Croatia, the Faroe Islands, Iceland and Slovenia, but currently only one model, the U5, is available, with a second to follow this year.
Chinese electric car maker Nio has released its preliminary financial results for 2021, with annual revenue of about 36.1 billion yuan (5.2 billion euros), up 122.3 percent year-on-year. The company also narrowed its loss.
Nikola has begun mass production of its Tre battery-electric truck at its Coolidge plant in Arizona, with the first deliveries scheduled for the second quarter of 2022.
Shortly after Nio, another Chinese electric car manufacturer, Xpeng, has now presented its financial figures for 2021. Xpeng was able to outperform its competitor Nio in terms of deliveries, but while Nio was able to stem its losses on a yearly basis, things look different for Xpeng.
A few days after the start of series production, Nio has now officially launched deliveries for its ET7 electric sedan in China as planned. The first ET7 vehicles were handed over to customers at Nio's headquarters in Hefei.
Vietnamese electric car maker VinFast has announced the construction of its first plant in the U.S. The factory in Chatham County, North Carolina, will produce e-cars, e-buses and batteries for them on an 800-acre site.
Technology and services group Technotrans is supporting Chinese electric car manufacturer Nio with its battery swap stations for Europe. The Münsterland-based company has installed a prototype cooling solution in a Nio station in Oslo.
Lucid Motors has added a version to the model portfolio for its Air electric luxury sedan. At 783 kW, the Grand Touring Performance is the most powerful version of the Air. Deliveries in the U.S. will begin in July 2022 with prices starting at $179,000.
Deus Automobiles, a startup founded in Vienna in 2020, has unveiled the concept of an all-electric hypercar at the New York International Auto Show. The Deus Vayanne was developed in collaboration with Italdesign and Williams Advanced Engineering and is set to be delivered as a small series limited to 99 units starting in 2025.
California-based startup Independent Electric Vehicles (Indi EV) has unveiled its first electric car at the New York Auto Show. The Indi One is available for reservation now, with production set to begin in mid-2023.
After Swedish e-truck startup Volta Trucks unveiled its 16-tonne version of the Volta Zero in November last year, the company has now unveiled the second model in its range of all-electric commercial vehicles, with the 7.5-tonne and 12-tonne models remaining closely aligned in appearance to the larger vehicle.
VinFast has released the technical specifications of the VF 8 and VF 9 models - along with pricing and battery rental details for the European markets of Germany, France and the Netherlands.
US-based electric car startup Rivian has reported its financial results for the first quarter of 2022. Net loss for the first three months of the year was $1.59 billion, compared to $414 million in the year-ago quarter. However, the loss narrowed compared to Q4 2021.
The Afro-European startup NamX presents the prototype of a fuel cell SUV designed by Pininfarina, which is to be launched on the market at the end of 2025. The highlight of the concept car called HUV lies in hydrogen storage.
In the first three months of the year, Xpeng increased its vehicle deliveries compared to the same quarter last year, with the Chinese electric car maker delivering a total of 34,561 vehicles during the period.
US-based electric car startup Rivian has apparently parted ways with its head of production Charly Mwangi amid problems with the production ramp-up of Rivian's first two models. In addition to the personnel move, the company is also said to be restructuring its production.
Chinese electric car maker Nio has released its financials for the first quarter of 2022, with shipments and consequently revenue up, but still in the red.
Chinese electric car maker Nio plans to start producing its own developed battery packs in 2024. The 800-volt battery packs will be used in models of the new brand of more affordable electric cars announced last year. In the long term, the company also plans to produce its own cells.
Chinese electric car maker Nio has unveiled its new ES7 model. The e-SUV is now available for pre-order in China, with deliveries set to start from August 28.
Audi has filed a lawsuit with a Munich court against the Chinese electric car manufacturer Nio for infringement of trademark rights, as reported by the Handelsblatt with reference to company circles. The reason: Audi considers the model designations of the Nio ES6 and ES8 SUVs to be too similar to its own S6 and S8 sedan models.
The eTaxi Austria project for testing automated conductive charging technology for e-taxis directly at taxi ranks is becoming concrete: Before pilot operation starts, a project location has now been realised at the Wien Energie site at the Simmering power plant in order to implement various application scenarios in practice.
Chinese electric car maker Xpeng is suspending its pre-orders for its P5 model that opened in March in European countries Denmark, Norway, Sweden and the Netherlands until further notice - citing global supply chain issues.
The company e.Volution GmbH, founded by Professor Günther Schuh, presented a prototype of its electric shuttle Meta for the first time at the Greentech Festival in Berlin. It is part of a holistic shuttle system for commuters to reduce car traffic at peak times.
US company Faraday Future has once again postponed the start of production of its FF 91 luxury electric car. The startup is now hoping to raise $325 million in funding by the end of the year so it can start production in 2022 after all. The situation is apparently very serious.
U.S. electric car maker Lucid Motors has cut its 2022 production target in half. Instead of the 12,000 to 14,000 cars previously forecast, Lucid now only expects to produce 6,000 to 7,000 vehicles this year.
Aiways is now accepting reservations in China for its second model, the U6, which is also scheduled to launch in Europe during the third quarter of 2022, but it remains to be seen whether the three battery versions offered in China will all be available in Europe as well.
Xpeng is now accepting reservations for its fourth model, the G9, in its home country. In conjunction with the pre-sale launch in China, Xpeng is also providing more technical details on the model, which was also designed for international markets from the start.
U.S. electric car startup Rivian posted a net loss of $1.71 billion in the second quarter of 2022, but Rivian was able to significantly increase production - and is also sticking to its annual target of 25,000 vehicles built.
Volcon, a Texas-based off-road electric vehicle startup, will equip all of its models with General Motors powertrains, offering two- and four-wheeled e-vehicles for off-road use that will be equipped with battery modules and other e-drive components from GM.
Plugsurfing has signed another collaboration with a Chinese electric car manufacturer, with Xpeng drivers in Norway receiving Plugsurfing's charging solution and a co-branded charging key that gives them access to 300,000 public charging points across Europe via the Plugsurfing network.
US electric car maker Lucid Motors has unveiled its new performance brand Sapphire, starting with a three-motor variant of the Air e-sedan that looks set to rival the Tesla Model S Plaid.
Nio has reported its financials for Q2 2022, showing that the Chinese manufacturer shipped 25,059 electric cars from April to June, up 14.4 percent year-on-year but down 2.8 percent from Q1 2022. The financials are a testament to the investment-heavy build-up of the business.