Europe Moves to End Reliance on China EVs With €4.4bn Factory Plans
Two of Europe’s largest car makers Stellantis and Mercedes-Benz have raised about €4.4 billion to set up three new electric vehicle (EV) gigafactories across the European Union (EU) in the coming years. The companies said in a press release on…
Rapid EV Adoption Risks Tying U.S. to Chinese Interests
Normally a new year brings a renewed focus on getting things done in Washington. But with Congress accomplishing little in 2023 and attentions now shifting to the November elections, it is more prudent than ever that the policy agenda of…
US Issues $135 Million in Advance EV Tax Rebates Since Jan 1
The U.S. government has reimbursed auto dealers for about $135 million in advance point-of-sale consumer electric vehicle tax credit payments since the start of the year through Feb. 6, the Treasury said on Wednesday. Prior to 2024, U.S. auto buyers…
Global EV Sales Up 69% y/y in Jan
Global electric vehicle sales jumped 69% in January from a year earlier but were down 26% from December, reflecting subsidy cuts or tighter rules in Germany and France and seasonally weaker sales in China. Sales of fully-electric cars, or battery…
Chrysler’s New Electric Car Halcyon Can Dim its Glass Roof for Augmented Reality Stargazing
Chrysler’s new electric concept car Halcyon isn’t just a driverless vehicle that can be commanded. It’s also a moving astronomical observatory powered by augmented reality. A leap from its jet ski-like cabin unveiled during CES 2023, Chrysler’s electric concept car…
Wallbox Rolls Out New EV Fast Charger in North America
Wallbox (NYSE: NYSE:WBX), a provider of electric vehicle (EV) charging solutions, has commenced production of its latest DC fast charger, Supernova 180, marking its introduction to the North American market. The company, which has established a presence in over 115…
Zapp EV Secures Commitment of up to $10 million to Start Production and Commercial Rollout of the i300 Electric Urban Motorcycle
Zapp electric Vehicles Group Limited (Nasdaq: ZAPP) (“Zapp EV” or the “Company”), owner of “Zapp”, the British electric vehicle brand on a mission to revolutionise personal urban mobility, today announced it has entered into a standby equity purchase agreement (the…
GM bolsters EV Supply Chain in North America With LG Cathode Deal
The supply contract will run between 2026 and 2035, with enough cathode material supplied over that time to power 5m EVs. LG Chem said it will use its cathode plant in Tennessee as a production hub for the global battery…
XCharge North America Unveils Plans for Battery Storage EV Charging Superhub at Watters Creek Village near Dallas
XCharge North America (NA), a leading DC high-power and battery-integrated electric vehicle (EV) charging solutions provider, announced plans to build a state-of-the-art grid supporting a Battery Storage EV Charging Superhub at the prestigious Watters Creek Village mixed-use development near Dallas….
U Power Announces Market Validation Phase of Shared Battery Swapping Solution for Two- and Four-wheeled EVs
U Power Limited (Nasdaq: UCAR) (the “Company” or “U Power”), a vehicle sourcing services provider with a vision to becoming a comprehensive EV battery power solution provider in China, today announced that their shared battery swapping solution designed for both…
