By Nadine Schimroszik, Douglas Busvine 3 Min Read BERLIN (Reuters) – German air taxi startup Volocopter plans to raise fresh funds from investors, its Chief Executive Florian Reuter said on Thursday, adding that a deal to go public via a special purpose acquisition company (SPAC) was one option. FILE PHOTO: A Volocopter air taxi performs… Continue reading Air taxi startup Volocopter eyes fresh capital, SPAC an option: CEO
Tag: Electric vehicles
Amazon begins testing its Rivian electric delivery vans in San Francisco
Amazon is expanding customer deliveries via electric cargo vehicle to San Francisco, making the Bay Area the second of 16 total cities the company expects to bring its Rivian-sourced EVs to in 2021. San Francisco’s unique terrain and climate were a couple of the reasons Amazon said it chose the city for its second round… Continue reading Amazon begins testing its Rivian electric delivery vans in San Francisco
Renault sees its electric, hybrid car sales doubling in 2021: sources
By Gilles Guillaume 3 Min Read PARIS (Reuters) – France’s Renault expects its sales of electric and hybrid cars to more than double to 350,000 in 2021, two sources close to the company said, as automakers battle to get ahead in cleaner driving. FILE PHOTO: A logo of Renault carmaker is pictured at a dealership… Continue reading Renault sees its electric, hybrid car sales doubling in 2021: sources
Nikola, Lordstown shares drop in latest sign of turbulence for EV sector
By Reuters Staff 2 Min Read FILE PHOTO: U.S. Nikola’s logo is pictured at an event held to present CNH’s new full-electric and Hydrogen fuel-cell battery trucks in partnership with U.S. Nikola event in Turin, Italy, December 3, 2019. REUTERS/Massimo Pinca (Reuters) – Shares of Nikola Corp, hit by a key investor cutting its stake,… Continue reading Nikola, Lordstown shares drop in latest sign of turbulence for EV sector
EV frenzy over Volkswagen shares draws regulator’s attention
By Danilo Masoni 2 Min Read (Reuters) – An outsized rally in Volkswagen shares has drawn the attention of Germany’s top market watchdog as heavy volume trading spurred by the carmaker’ electric vehicle ambitions set the stock for one of its best weeks ever. Slideshow ( 2 images ) Shares in Volkswagen rose as much… Continue reading EV frenzy over Volkswagen shares draws regulator’s attention
Backlash grows against cut to electric car grants
“The increasing choice of new vehicles, growing demand from customers, and rapidly rising number of chargepoints means that while the level of funding remains as high as ever, given soaring demand, we are re-focusing our vehicle grants on the more affordable zero emission vehicles.” Go to Source
Solar powered EV charging station developed at IISc
BENGALURU: A solar photovoltaic powered electric vehicle (EV) charging station has been developed at the Indian Institute of Science (IISc) in this tech city, an official said on Tuesday. “The zero-emission EV charging station powered by solar cells has been designed and developed at our sustainable transportation lab by the UK-based Greenencho Ltd under the… Continue reading Solar powered EV charging station developed at IISc
World NM: SK, Geely to jointly chip in for fund for mobility solutions001001
SK Holdings Co., the holding firm of the South Korean energy-to-telecom conglomerate. SK Holdings and Geely will each chip in $30 million for the proposed fund, and draw the rest to be financed from global investors, including European banks and Asian pension funds. SK Group has a portfolio ranging from semiconductors and batteries to energy… Continue reading World NM: SK, Geely to jointly chip in for fund for mobility solutions001001
German Handelsblatt: Finanzaufsicht: Plus 50 percent in a few days: Bafin examines the price rally of the VW share001648
Bafin The financial supervisory authority routinely looks at the price rally, according to the Bafin. (Photo: Bloomberg) The latest price rally at Volkswagen calls the financial regulator on the plan. The Bafin routinely watch the movements, said a spokeswoman on Thursday. The papers of the Wolfsburg-based group had attracted attention in the past few days… Continue reading German Handelsblatt: Finanzaufsicht: Plus 50 percent in a few days: Bafin examines the price rally of the VW share001648
Why Japan’s carmaking heavyweights could be facing an electric shock
Japan’s traditional carmaking giants need to raise their game in the race to develop pure, battery-driven electric vehicles or risk being left behind by Chinese, American and European producers, analysts have warned. Despite dominating car production in Asia for decades, Japan’s big players have been slow to fully develop the battery-only technology that is now… Continue reading Why Japan’s carmaking heavyweights could be facing an electric shock