Indonesia EV supplier VKTR looks to raise $45m from domestic IPO

JAKARTA — VKTR Teknologi Mobilitas Indonesia (VKTR) — a unit of Indonesian conglomerate Bakrie & Brothers — is looking to raise $45 million through a listing on the Indonesia Stock Exchange (IDX) in November, a top executive told DealStreetAsia. VKTR CEO Gilarsi W Setijono said the supplier of commercial electric vehicles — buses, trucks and… Continue reading Indonesia EV supplier VKTR looks to raise $45m from domestic IPO

Cell Impact Forming™ demonstration line to be installed in Japan

STOCKHOLM , Aug. 30, 2022 /PRNewswire/ — Cell Impact AB (Nasdaq First North GM: CI) will set up a Cell Impact Forming™ flow plate demonstration line in Japan in collaboration with leading Japanese auto parts supplier F.C.C. Co., Ltd. Continue Reading Cell Impact Forming – frontal Cell Impact Forming – side For several years, Cell Impact has carried out customer development projects… Continue reading Cell Impact Forming™ demonstration line to be installed in Japan

Progress Solar Solutions Announces New Mobile Solar EV (Electric Vehicle) Charging Model

RALEIGH, N.C., Aug. 30, 2022 /PRNewswire/ — Progress Solar Solutions® www.progresssolarsolutions.com announces this week at the Sustainable Fleet Technology Conference & Expo in Durham, NC a new mobile solar EV charging model using its industry leading mobile solar platform. With several variants available including all solar and solar-hybrid models, this mobile equipment is a great new step… Continue reading Progress Solar Solutions Announces New Mobile Solar EV (Electric Vehicle) Charging Model

8BitDo reveals wireless versions of its Xbox-style Ultimate Controller

Well-renowned peripheral maker 8BitDo has revealed three new versions of its Ultimate Controller, including two wireless options. There are Bluetooth, 2.4GHz and wired variants, all of which are available to pre-order now. The controllers will ship on October 28th. Both the Bluetooth and 2.4GHz models have rechargeable lithium-ion batteries and come with a charging dock.… Continue reading 8BitDo reveals wireless versions of its Xbox-style Ultimate Controller

Nidec Signs Joint Venture Agreement with Norwegian Semi-Solid Lithium-Ion Battery Manufacturer FREYR Battery

KYOTO, Japan, Aug. 30, 2022 (GLOBE NEWSWIRE) — On August 30, 2022 (Japan Standard Time), Nidec Corporation (“Nidec”) (TSE: 6594; OTC US: NJDCY) signed a joint venture agreement with FREYR BATTERY SA (“FREYR”) (NYSE: FREY), a Norwegian semi-solid lithium-ion battery manufacturer. 1. Purpose of the agreementFREYR is a lithium-ion battery manufacturer founded in 2018, listed… Continue reading Nidec Signs Joint Venture Agreement with Norwegian Semi-Solid Lithium-Ion Battery Manufacturer FREYR Battery

World NM: BYD triples profit after 300% sales jump001800

BYD, the Chinese carmaker that recently overtook Tesla as the world’s largest electric vehicle maker, more than tripled its first-half profit on the back of a 300% jump in sales. BYD achieved its first-half profit despite a strained automotive supply chain when citywide lockdowns in Shanghai and Changchun, the two major car-making bases in China,… Continue reading World NM: BYD triples profit after 300% sales jump001800

How Shell Recharge Solutions is rethinking EV charging

The potential of home – and smart – charging According to the RAC Foundation, a typical UK car spends 96% of its time parked up, with 73% of that time spent parked at home. Equally, 68% of those quizzed in the EV Driver Survey Report 2022, said they had a dedicated charge point at home.… Continue reading How Shell Recharge Solutions is rethinking EV charging

2023 Smart #1 EV gets high-performance overhaul by Brabus

The Smart #1 Brabus has been revealed at the Chengdu motor show in China, featuring a huge boost to performance and sportier styling courtesy of the famed German tuner. The biggest difference between the #1 Brabus and the standard #1 is the addition of a second electric motor at the front, giving the electric crossover four-wheel… Continue reading 2023 Smart #1 EV gets high-performance overhaul by Brabus

Mercedes-Benz (MBGAF) Starts Producing 2023 EQ Range in the US

Mercedes-Benz Group AG MBGAF recently announced that it has started production of its first battery-electric SUV for the U.S market. The EQS SUV production began at the Alabama plant the previous week and will be followed by the manufacture of the EQE SUV later this year. The auto magnate has announced a range of EQ… Continue reading Mercedes-Benz (MBGAF) Starts Producing 2023 EQ Range in the US

Tesla slapped with class action lawsuit over phantom braking problem

A Tesla owner from San Francisco filed a proposed class action lawsuit against the electric vehicle company over a phantom braking problem that he claims has turned “a safety feature into a frightening and dangerous nightmare.” The lawsuit was first reported by Reuters. The lawsuit was filed by San Francisco resident Jose Alvarez Toledo in… Continue reading Tesla slapped with class action lawsuit over phantom braking problem