FREMONT, Calif., Feb. 22, 2021 /PRNewswire/ — Enovix Corporation (“Enovix” or the “Company”), the leader in the design and manufacture of next generation 3D Silicon™ Lithium-ion batteries, and Rodgers Silicon Valley Acquisition Corp. (Nasdaq: RSVA, RSVAU, RSVAW) (“Rodgers” or “RSVAC”), a special purpose acquisition company (“SPAC”), today announced that they have entered into a definitive agreement… Continue reading Advanced Silicon Battery Company Enovix to Become a Public Company Through Merger with Rodgers Silicon Valley Acquisition Corp.
Tag: Tesla
German Handelsblatt: Revolution from above: Källenius is already planning the next revolution: Daimler is examining premature end to the combustion engine001354
Daimler boss Ola Källenius The next S-Class could drive exclusively electrically. (Photo: Thomas Kuhlenbeck) 2021 will be a fateful year for Daimler. The spin-off of the truck division is only an intermediate step towards an even more profound revolution: Mercedes could become combustion-free far earlier than previously planned. CEO Ola Källenius wants to speed up… Continue reading German Handelsblatt: Revolution from above: Källenius is already planning the next revolution: Daimler is examining premature end to the combustion engine001354
Messy European exit to haunt Chinese EV maker Byton
HAMBURG, Germany — Byton, the formerly highflying Chinese electric vehicle startup which recently got a lifeline from Foxconn Technology Group, has largely abandoned its operations in Europe. While moves since October to halt payment of wages and rent will save the struggling carmaker money, they are likely to hinder the startup’s hopes of growing sales in the… Continue reading Messy European exit to haunt Chinese EV maker Byton
Geely departs from convention with plan for new EV unit: sources
By Yilei Sun, Brenda Goh 3 Min Read SHANGHAI (Reuters) – China’s Geely plans to set up a firm to explore new approaches to product planning, marketing and sales of electric vehicles (EV), sources said, departing from industry convention whereby EVs are marketed and sold alongside traditional cars. FILE PHOTO: A building of the Geely… Continue reading Geely departs from convention with plan for new EV unit: sources
Tesla reduces Model 3 and Model Y prices, now starts under $37,000
Tesla has updated its pricing across the Model 3 and Model Y lineup, including price cuts for both base models. The new cheapest Tesla vehicle now starts just under $37,000. Tesla Model 3 Prices With the price update today, Tesla has now reduced the price of the Model 3 Standard Range Plus to $36,990 –… Continue reading Tesla reduces Model 3 and Model Y prices, now starts under $37,000
TruSpin Announces Breakthrough in Battery Technology
BIRMINGHAM, Ala., Feb. 17, 2021 /PRNewswire/ — TruSpin Nanomaterial Innovation (“TruSpin”), an advanced materials company engaged in battery technology, today announced the positive results of third-party tests evaluating the performance of the company‘s prototype batteries. These tests, conducted by SpectraPower, validate the use of TruSpin‘s silicon nanofibers to reliably multiply the energy capacity of Li-ion batteries. TruSpin… Continue reading TruSpin Announces Breakthrough in Battery Technology
AMP’s Energy Management Systems Are Powering Most of the World’s Top E-OEMs, Investment Round Announced
LOS ANGELES, Feb. 17, 2021 /PRNewswire/ — AMP – a startup led by an EV pioneer from Tesla behind patented charging/battery control solutions that power electric mobility worldwide – is announcing a round of investment led by prominent venture capital firms 8VC, Ajax Strategies and Fontinalis. The company’s explosive growth – fueled by a team with dozens of… Continue reading AMP’s Energy Management Systems Are Powering Most of the World’s Top E-OEMs, Investment Round Announced
Lucid Motors nears SPAC deal as Klein launches financing
By Joshua Franklin and Anirban SenLuxury electric vehicle maker Lucid Motors Inc is getting close to a deal to go public at a roughly $12-billion valuation after veteran dealmaker Michael Klein’s blank-check acquisition firm launched a financing effort to back the transaction, people familiar with the matter said on Tuesday. The merger between Lucid and… Continue reading Lucid Motors nears SPAC deal as Klein launches financing
EVgo plans many more Tesla chargers to supplement Supercharger network
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Exclusive: Lucid Motors nears SPAC deal as Klein launches financing – sources
By Joshua Franklin, Anirban Sen 3 Min Read (Reuters) – Luxury electric vehicle maker Lucid Motors Inc is getting close to a deal to go public at a roughly $12-billion valuation after veteran dealmaker Michael Klein’s blank-check acquisition firm launched a financing effort to back the transaction, people familiar with the matter said on Tuesday.… Continue reading Exclusive: Lucid Motors nears SPAC deal as Klein launches financing – sources