Lordstown Motors Endurance Electric-vehicle company Lordstown Motors Corp said on Tuesday production and deliveries of its Endurance electric pick-up truck resumed this month after a pause in February to address quality issues. EV startups have been struggling with dwindling cash balances and production challenges as access to capital tightens amid rising U.S. interest rates to… Continue reading Lordstown Motors resumes production, deliveries after snafu
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Germany added 35% more electric car charge points in 2022, says BDEW
Meanwhile, the number of fast charging points using direct current (DC) electricity of between 22 and 149 kW increased by 15% to 6,216 units. The number of electric vehicle charging points in Germany rose by 35% last year, exceeding the rate of increase needed to keep up with the rollout of battery EVs in the… Continue reading Germany added 35% more electric car charge points in 2022, says BDEW
CeTrax lite electric central drive rolls off ZF’s assembly line in Friedrichshafen, Germany
The technology has already received orders from Asia and the Americas. The production started in Friedrichshafen, using the Groups competence coming from passenger car technology. Friedrichshafen, Germany. ZF’s Commercial Vehicle Solutions (CVS) division has announced that its new CeTrax lite electric central drive has entered series production. Using synergies from ZF’s development and production of… Continue reading CeTrax lite electric central drive rolls off ZF’s assembly line in Friedrichshafen, Germany
@BMW: ROLLS-ROYCE CELEBRATES CHINA PREMIERE OF SPECTRE AS WELL AS STUNNING BESPOKE CREATIONS AT AUTO SHANGHAI 2023002646
Rolls-Royce Spectre, the world’s first ultra-luxury electric super coupé, celebrates its China debut at Auto Shanghai 2023 A Rolls-Royce first and an electric car second: Spectre is greeted by clients as a powerful step into a bold new future as the brand prepares to become fully electric by the end of 2030 Rolls-Royce Bespoke unveils… Continue reading @BMW: ROLLS-ROYCE CELEBRATES CHINA PREMIERE OF SPECTRE AS WELL AS STUNNING BESPOKE CREATIONS AT AUTO SHANGHAI 2023002646
@BMW: BMW M Motorsport News, 18th April 2023002646
DTM: Pre-season test in Spielberg. Last weekend, the Red Bull Ring (AUT) hosted the official pre-season test for the DTM. Among those involved were the two BMW M Motorsport teams, Schubert Motorsport and Project 1, who ran the BMW M4 GT3. Of the three BMW M works drivers who will contest the 2023 DTM… Continue reading @BMW: BMW M Motorsport News, 18th April 2023002646
EVs on pace to make up third of China’s auto sales this year
SHANGHAI/TOKYO — Electric vehicles were the stars of Auto Shanghai 2023, one of the world’s biggest auto shows that opened on Tuesday, reflecting just how rapidly China is adopting the transformative technology. Sales of new energy vehicles, a category mostly consisting of EVs, are on track to reach 9 million units this year, about a third of… Continue reading EVs on pace to make up third of China’s auto sales this year
Indonesia’s Merdeka Battery Materials gains 11% in stock debut
JAKARTA — Nickel producer Merdeka Battery Materials closed 11% higher in its stock market debut on Tuesday, becoming the latest company in Indonesia’s resource sector to go public amid rising demand for electric vehicles. The listing comes after the company raised 9.2 trillion rupiah ($620 million) in its initial public offering, making it the country’s second largest IPO… Continue reading Indonesia’s Merdeka Battery Materials gains 11% in stock debut
Volkswagen unveils electric luxury sedan at China auto show
SHANGHAI (AP) — Volkswagen unveiled an electric luxury sedan that promises a 700-kilometer (435-mile) battery range as global and Chinese automakers showed their latest SUVs, sedans and muscle cars Tuesday at the world’s biggest auto show. Auto Shanghai 2023 reflects the intense competition in China’s fast-growing electric vehicle market after the ruling Communist Party poured… Continue reading Volkswagen unveils electric luxury sedan at China auto show
EV makers to tout cutting-edge tech at Shanghai auto show
SHANGHAI — Auto Shanghai, one of the world’s biggest automobile shows, opens Tuesday with makers set to unveil a vast slate of new electric vehicle models and technologies in the country that boasts the largest EV market. The Shanghai International Automobile Industry Exhibition, as the show is formally known, features more than 1,000 Chinese and… Continue reading EV makers to tout cutting-edge tech at Shanghai auto show
Panasonic looking at 3 U.S. states for big EV battery spending
TOKYO — Panasonic Holdings is considering Oklahoma and two other U.S. states for a major investment as it plans to boost production of electric vehicle batteries in the country. The Japanese group signed an agreement with Oklahoma outlining an incentives package, Gov. Kevin Stitt said Friday, should Panasonic build its third U.S.-based plant in the state. Stitt told… Continue reading Panasonic looking at 3 U.S. states for big EV battery spending