New EV Manufacturing Facility Coming to Dover, Expected to Create 650 Jobs
Ohio officials on Monday announced a new electric vehicle manufacturing facility in Dover that’s expected to create 650 jobs and $54 million in associated payroll in Wayne and Tuscarawas counties. Schaeffler, a company that’s been involved in the field of…
Renault Leads Europe’s Fightback Against China EVs
At the Geneva Car Show on Monday, the French firm unveiled a new model that is meant to be among the most affordable electric vehicles. The Renault 5 evokes a big selling model of the same name that was launched…
US on Track to Meet 50% EV Target by 2030 Despite Slowing Growth
The US remains on track to meet ambitious targets for electric vehicle adoption despite signs of waning demand, according to Energy Secretary Jennifer Granholm. Speaking at an electric vehicle battery plant in Moses Lake, Wash., on Thursday, Granholm projected the…
Jeep’s First EV Will Land In The US as Early as July
The first all-electric Jeep could be delivered to US customers as soon as July. According to new CEO Antonio Filosa, production of Jeep’s first EV, the Wagoneer S SUV, is expected to begin in Q2. Deliveries could happen as soon…
Xos And Winnebago Team up to Develop Specialty Electric Vehicles
The partners expect the specialized chassis for Winnebago to utilize Xos’ platform technology, which will allow for scalability, access to parts, software improvements, and service support. The chassis is also compatible with Xosphere, Xos’ fleet management software. While Winnebago has…
BYD Unveils $233,450 EV to rival Ferrari, Lamborghini
BYD Co debuted its most expensive car on Sunday, a 1.68 million yuan ($233,450) high-performance fully-electric supercar pitted against gas-guzzling options offered by rivals such as Ferrari NV and Lamborghini. The Yangwang U9 will initially be for the China market,…
Scout Motors Breaks Ground on South Carolina EV Plant
The build site is 1,600 acres with the plant itself occupying 1,100 acres. Bordered by I-77 and Blythewood Road, its location is less than 20 miles north of Columbia and near major cities and talent hubs such as Charleston, Charlotte,…
Wallan Trading Company Celebrates ZEEKR Partnership With the Launch of a Luxury EV Lineup
Wallan Trading Company — the leading player in the Saudi automotive sector — has signed a strategic agreement with ZEEKR, the global electric mobility technology and solutions brand owned by Geely Automobile Holdings. The agreement will see the two entities…
US Offers $710 Million in Loans for EV Technology Projects
The U.S. Energy Department said on Thursday it gave preliminary approval for nearly $710 million in loans to electric vehicle (EV) technology manufacturing ventures, although the Biden administration still has $221.8 billion in loan capacity to fund clean-energy projects. Jigar…
Cenntro Electric Group Limited Announces Approval of the Scheme of Arrangement by the Supreme Court of New South Wales
Cenntro Electric Group Limited (NASDAQ: CENN) (“Cenntro” or “the Company”), a leading electric vehicle technology company with advanced, market-validated electric commercial vehicles, refers to the proposed scheme of arrangement in relation to which Cenntro will re-domicile from Australia to the…
