Fisker Inc. has announced its preliminary financial results for the fourth quarter (Q4) and the full year of 2023, showcasing significant growth and strategic milestones. The electric vehicle (EV) manufacturer reported a $200.1 million total revenue in Q4 2023, marking…
Experian‘s latest findings reveal a significant uptick in electric vehicle (EV) purchases, capturing over 8% of new vehicle sales in the fourth quarter of 2023. This growth marks a notable increase from the previous year, signaling a strong consumer shift…
ChargePoint, EnTech Solutions, and Wells Fargo have announced a collaboration to provide businesses with flexible financing options for building electric vehicle (EV) charging infrastructure. This initiative aims to address the financial challenges companies face in developing EV charging stations, offering…
A pivotal construction phase for the new EV battery plant by LG Energy Solution and Honda was celebrated with the placement of the final structural beam on February 29, 2024. This facility, sprawling over 2 million square feet and located…
Ford Announces Tesla Supercharger Access for F-150 Lightning and Mustang Mach-E customers in the U.S. and Canada, marking a significant step in improving electric vehicle (EV) infrastructure. This collaboration allows Ford EV customers unprecedented access to over 15,000 Tesla Superchargers,…
Rivian announces the R2, its latest electric vehicle, set for a grand reveal on March 7. This marks an exciting addition to Rivian’s lineup, following the acclaimed R1T and R1S electric adventure vehicles. The upcoming R2 aims to showcase Rivian’s…
Xos, Inc. has secured a significant purchase order from Mission Linen Supply for its new 22’ electric stepvans, marking a pivotal step in eco-friendly fleet transformation. This partnership underscores both companies’ commitment to sustainability and innovation in the commercial and…
The commercial transport sector witnessed a significant leap in wireless charging technology today, as InductEV announced new strategic partnerships with Miller EV Solutions, Roush, and WB Engineers+Consultants. These collaborations aim to boost the adoption of InductEV’s high-power, on-route inductive charging…
Somerset is set to become the home of the UK’s largest electric vehicle battery factory, following Agratas’ announcement of establishing a gigafactory at the Gravity Smart Campus near Bridgwater. This development marks a significant step in bolstering the UK’s automotive…
XPENG Inc. and the Volkswagen Group have officially entered into a comprehensive Master Agreement to collaborate on platform and software technology, alongside a Joint Sourcing Program aimed at cost reduction. This partnership signifies a crucial advancement in their strategic relationship,…
CUPRA has significantly increased the affordability of its pioneering electric vehicle (EV), the CUPRA Born, by implementing a £2,350 price reduction across its entire range. This strategic move aims to enhance EV accessibility for drivers in the UK, setting the…
Ontario, California’s transportation landscape is witnessing a remarkable transformation towards sustainability. The Joint Electric Truck Scaling Initiative (JETSI) and its partner NFI are at the forefront, celebrating the deployment of 50 Class 8 battery-electric trucks and the activation of a…
Zeekr has announced an update to its Zeekr 001 model, an electric vehicle (EV) known for its performance and five-seat capacity. Since launching in 2021, the company has delivered over 160,000 Zeekr 001 cars. Zhou Guanyu, recognized as China’s first…
Addionics has announced a significant investment of $400 million into establishing its first manufacturing facility in the United States, focusing on enhancing the country’s electric vehicle (EV) battery production capabilities. This move is part of a broader strategy to improve…
Hanon Systems, a global leader in automotive thermal management for electrified mobility, recently opened its new engineering center in Palmela, Portugal. This state-of-the-art facility is strategically located within the company’s compressor manufacturing campus, operational since 1998 in the Setúbal District,…
Polestar has successfully secured $950 million in external funding, underlining its robust progress towards its 2025 objectives. This funding, provided by a consortium of 12 leading international banks, including notable names like BNP Paribas and HSBC, signifies a major step…
BECTROL and IES Synergy announce a pivotal partnership, marking a significant advancement in electric vehicle (EV) fast charging technology across North America. This collaboration aims to enhance the region’s EV infrastructure through the integration and commercialization of IES’s KEYWATT® chargers,…
Vitesco Technologies, a frontrunner in the field of modern drive technologies and electrification solutions, announced its latest advancement: the High Voltage Box. This innovative modular system is set to revolutionize the electric vehicle (EV) market by making the charging, conversion,…
GILLIG, a premier U.S. transit bus manufacturer, has significantly expanded its operations. On February 26, 2024, the company disclosed that GERCO LLC, a wholly-owned subsidiary, acquired select assets from Lightning eMotors through a receivership sale. This strategic move includes the…
Buick unveils its latest brand campaign, “Exceptional by design,” a mantra that encapsulates the automaker’s dedication to detail and aesthetic sophistication. This new direction is marked by an updated tri-shield badge and a design language inspired by the Wildcat EV…