Neo Secures Contract for EV Magnet Supply in Europe
Neo Performance Materials’ wholly-owned subsidiary in Estonia, NPM Narva OÜ, bagged the supply of sintered rare earth magnets to a European Tier 1 supplier of electric vehicle traction motors. The contract represents about 35 per cent of the finished magnet…
‘Charger hogs’ are Ruining the EV Experience. One Company is Clamping Down on bad Manners
Sometimes, technology doesn’t fulfill its promise. But, other times, it isn’t the tech that let’s you down, it’s the people using it. So one electric vehicle charging company is experimenting with cutting off people who linger, attempting to “fill ‘er…
Volvo Cars’ Global Sales up 6 Per cent in July
Volvo Cars reported global sales of 57,447 cars in July, up 6 per cent compared to the same period last year. The sales increase was primarily driven by the strong sales of our fully electric cars in Europe. The company’s…
Share of Electric Cars in Portugal Above EU Average
More than 256.5 million passenger vehicles were on European Union (EU) roads in 2023, but only 4.48 million (1.7%) were 100% electric, according to Eurostat. In Portugal, there was a vehicle fleet of 5.9 million cars that year, of which…
Mullen Announces bizEV Lease Program for Class 1 EV Cargo Vans
Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an electric vehicle (“EV”) manufacturer, today announces a new lease program for the Mullen ONE, Class 1 EV cargo van. The new lease program, bizEV, is targeted to well qualified buyers…
Lion Electric Announces Additional Layoffs
The goal of the so-called ‘Action Plan’ is for Lion Electric “to streamline its operations, further align its cost structure with current demand and improve its liquidity position and ability to reach its profitability goals.” 30 per cent of the…
Stellantis Experiences EV Production Challenges in Europe
Citroën ë-C3 deliveries were supposed to start in the second quarter. According to people familiar with the matter, ë-C3 preorder holders will likely receive their EVs after the summer breaks. Citroën’s ë-C3 order bank is currently at 30,000 units. The…
Dingell Announces $2.8 Million for American Center for Mobility for EV Infrastructure Testing
Congresswoman Debbie Dingell (MI-06) today announced the American Center for Mobility in Ypsilanti will receive $2,840,325 from the U.S. Department of Energy’s National Energy Technology Lab (NETL) through the Bipartisan Infrastructure Law for an electric vehicle charging and interoperability test…
BorgWarner to Deliver eFan System for Global OEM’s Heavy-Duty BEV Trucks
BorgWarner, a global product leader in delivering innovative and sustainable mobility solutions, has secured a contract to deliver its high-voltage eFan system for use on a major global OEM’s series of heavy- and medium-duty battery electric vehicles (BEVs) in North…
Uber Partners with BYD to put its Drivers into 100,000 EVs
Uber Technologies Inc. will team up with BYD Co. to put 100,000 electric vehicles onto the ride-hailing company’s platform, in a major deal between American and Chinese businesses that notably excludes the US. Under the multiyear partnership, the two companies…
