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Electric Vehicles
NIO Announces Us$2.2b Strategic Equity Investment From Abu Dhabi-Based Cyvn
NIO entered into a share subscription agreement with CYVN Holdings, through its affiliate CYVN Investments RSC, an investment vehicle based in Abu Dhabi, pursua…
Electric Vehicles
Rwanda Introduces Electric Public Buses to Push for Green Transport
There is a new sight on the streets of Kigali, the capital city of Rwanda: new electric vehicles whizzing among the old gasoline-powered vehicles.The Kigali cit…
Electric Vehicles
Honda, Tokuyama, and Mitsubishi Corporation to Conduct Joint Demonstration of Decarbonizing Data Center Using By-Product Hydrogen and Stationary Fuel Cell Power Station Designed to Reuse Fuel Cell Sys
Honda Motor Co., Ltd. (Honda), Tokuyama Corporation (Tokuyama), and Mitsubishi Corporation (MC) (Project Members) will conduct a joint demonstration to operate …
Electric Vehicles
BYD to Build New Energy Passenger Vehicle Factory in Hungary for Localized Production in Europe
BYD will build a manufacturing and production center in Szeged, Hungary. The facility will be the first of its kind built by a Chinese automotive company in Eur…
Electric Vehicle Battery
NIO Unveils Power Charger 4.0 and Powerswap Station 4.0
NIO unveiled the Power Charger 4.0 and PowerSwap Station 4.0 (PSS4.0); deployment starts in April 2024. NIO plans to add 1,000 more Power Swap Stations and 20,0…
Electric Vehicle Battery
Tesla 4680 Battery Production Is Trapped in Production Hell
Tesla has been working on 4680 battery cells that are taller and wider than the cells many companies are using. But it’s not just the format that is diffe…
Electric Vehicles
Tesla Launches Project to Build New Megafactory in China
Tesla has officially launched its Megafactory project in Shanghai, China.The Megafactory in Lathrop, California, was Tesla’s first dedicated factory to pr…
Electric Vehicles
BYD Looks to Further Electrify Europe, Selecting Hungary for Its First EV Production Facility
As Chinese EV automaker Build Your Dreams (BYD) closes in on current global sales leader Tesla, a massive factor in its strategy includes expansions in the EU. …
Electric Vehicles
This Startup Wants to Turn Your Classic Car Into an EV Using Scrapped Tesla Batteries
Want to enjoy the silent, emissions-free ride of an EV with your 1974 Ford Bronco? Arc Motor Company, an Ontario-based green tech startup, aims to turn your cla…
Electric Vehicles
Toyota Recalls Over 25,000 BZ3 EVs in China Due to Inaccurate Remaining Battery Estimates
Chinese joint venture FAW Toyota is issuing its second major recall on the bZ3 EV in eight months since it hit the market overseas. The company’s latest f…
Electric Vehicles
BYD's New Tesla Model Y-Rivaling Electric SUV Earns Over 8K Orders in Impressive Debut
BYD Song L electric SUV (Source: BYD)The EV race is heating up as BYD looks to catch Tesla in global sales into the end of the year. Its newest electric SUV, th…
Electric Vehicles
Lucid's (LCID) Answer to the Tesla Model Y, Model 3 Could Come Sooner Than Expected
An affordable Lucid (LCID) electric car? Lucid has already started developing its high-volume EV lineup, poised to rival the Tesla Model Y and Model 3.Lucid CEO…
Electric Vehicles
Tesla Secures New Credit Union Partner to Reduce Electric Car Payments
Tesla has secured a new credit union partner to help reduce monthly electric car payments amid elevated interest rates.Over the last year, one of the biggest st…
Electric Vehicle Battery
Welion Reportedly Expects to Send NIO 150 KWh Solid-State Batteries at Volume in Q2 2024
Days after Chinese automaker NIO showcased the massive range potential of its incoming 150 kWh solid-state batteries, their manufacturer, WeLion, shared some in…
Electric Vehicle Charging
This Scottish EV Charging Hub Is Next-Level Extraordinary
The City of Dundee in Scotland planned and paid for an EV charging hub on a former gas station site, and they pretty much thought of everything.A coastal city w…
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