BYD’s First Chartered Vessel Sets Sail with 5,000 EVs for Europe
BYD’s first chartered vehicle vessel has set sail from China’s southern city of Shenzhen, carrying more than 5,000 electric vehicles to Europe, state media Xinhua reported on Tuesday. Chinese automakers including BYD, Chery Automobile and SAIC Motor 600104.SS have been…
Bosch Tests Automated EV Charging
Bosch, along with the Volkswagen subsidiary Cariad, has begun testing automated valet charging for EVs, according to a press release. This solution, which is based on Bosch’s automated valet parking system, guides electric vehicles driverlessly to an unoccupied parking space…
Canoo Delivered Electric Vehicles to Kingbee
Canoo Inc., a leading high-tech advanced mobility company, today announced Kingbee, a national work-ready van provider, will begin using Canoo LDV 130 vehicles in its fleet. Canoo delivered vehicles to Kingbee consistent with its schedule as part of a phased…
PGGM Infrastructure Fund Joins EV Charging Firm Electra as Largest Shareholder
An open-ended fund managed by the infrastructure arm of Dutch pension fund asset manager PGGM has become the largest shareholder in Electra, an operator of electric vehicle (EV) charging infrastructure in Europe. The PGGM Infrastructure Fund, which targets investments in OECD countries,…
Mazda Adopts Tesla’s North American Charging Standard (NACS)
Japanese carmaker Mazda has announced that it will be adopting Tesla’s North American Charging Standard for its upcoming battery electric vehicles. Mazda’s EVs that would be equipped with Tesla’s NACS standard are expected to be launched in North America from…
Mississippi Lawmakers to Weigh Incentives for an EV Battery Plant That Could Employ 2,000
Mississippi Gov. Tate Reeves is asking legislators for $350 million in incentives for a proposed factory that would manufacture electric vehicles batteries and employ about 2,000 people in Marshall County. The Republican governor on Tuesday declined to name the company…
BYD is Now Using Purpose-built EV Cargo Ships to Send its Cars to Europe
BYD Co.’s first chartered cargo ship has set sail as the automaker ramps up exports of electric vehicles. The BYD Explorer No. 1, capable of carrying 7,000 cars, is bound for Europe after making a stop in the Chinese port…
Tesla Gets a $94 Billion Reality Check as EV Winter Sets in
Tesla Inc. had a blockbuster 2023, as its shares more than doubled in 12 months. But 2024 is starting on a different note, with Elon Musk’s electric vehicle maker off to its worst start to any year — ever. The…
LG Opens Its First US EV Charging Factory in Texas
LG Electronics has opened its first electric vehicle (EV) charger facility outside of South Korea — in Fort Worth, Texas — to capture a share of North America’s competitive EV charging market. Its new EV charging station factory, spanning 59,202…
Stellantis Invests in More Affordable EV Battery Technology
Stellantis, the parent company of Ram, Jeep, Dodge and Chrysler is trying to make EV batteries, like the one to power the 2025 Ram 1500 REV, more affordable and sustainable in the long run. Stellantis is investing in a French…
