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…
FLO Powers Electric Snowmobiles For OFF-GRID Experiences in Wyoming
FLO and OFF-GRID Experiences are powering green winter adventures in the great American west. OFF GRID Experiences, an outdoor adventure company, is charging its fleet of electric snowmobiles with FLO chargers. OFF-GRID Experiences Jackson Hole is one of five Uncharted…
SAP Goes the Distance With EV Fleet Digitalization
Electric vehicles (EVs) are transforming the mobility experience in corporate fleet management. A great example is the partnership between Mercedes-Benz and SAP where the companies are both customers and vendors to each other. Mercedes-Benz is using SAP solutions to digitalize…
Fisker Signs New Dealer Partners in US as Strategic Business Shift Continues
Fisker Inc. (NYSE: FSR) (“Fisker”), driven by a mission to create the world’s most emotional and sustainable electric vehicles, announced today that it has signed a total of four dealer partners in the US as it undertakes a strategic shift…
Ford CEO Open to Working With Rivals to Compete With China
Ford Chief Executive Jim Farley said on Thursday the automaker is reworking its electric vehicle strategy to compete with Chinese rivals, and opened the door to collaboration with other automakers to cut EV battery costs. BYD and other low-cost Chinese…
Bollinger B4 Electric Truck Production Set for Late 2024
Mullen Automotive, Inc., an electric vehicle (EV) manufacturer, announced today that its subsidiary Bollinger Motors has partnered with LaFontaine Automotive Group to become its first authorized dealer. LaFontaine will facilitate sales of the all-new Bollinger B4 Chassis Cab, an all-electric…
