Berlin-based e-scooter rentals company Tier Mobility has announced a $200 million raise which it says is the “first close” of its Series D, as investors continue to plough money into urban micromobility. The startup confirmed to TechCrunch it will be raising a larger amount before the Series D is closed out (and the full round… Continue reading Tier scoots off with $200M, all-equity ‘first close’ of Series D
Tag: Electric vehicles
The Station: Zoox seeks out rain and Tesla fans go on the attack — again
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello readers: Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. TechCrunch’s… Continue reading The Station: Zoox seeks out rain and Tesla fans go on the attack — again
Hyzon Motors Inc. Announces Timing of Third Quarter 2021 Financial Results and Conference Call
ROCHESTER, N.Y., Oct. 25, 2021 /PRNewswire/ — Hyzon Motors, Inc. (“Hyzon”) (NASDAQ: HYZN), a leading global supplier of zero-emission hydrogen fuel cell electric heavy vehicles, announced today that it will release its third quarter results before the market opens on Friday, November 12, 2021. Craig Knight, Chief Executive Officer of Hyzon, Mark Gordon, Chief Financial Officer,… Continue reading Hyzon Motors Inc. Announces Timing of Third Quarter 2021 Financial Results and Conference Call
GM, Ford results likely to reflect chip shortage’s varying impacts on sector
DETROIT: General Motors Co and Ford Motor Co are likely to show investors both the positive and negative financial impacts of the global semiconductor chip shortage when the U.S. automakers report third-quarter results on Wednesday. GM and Ford have had to bring some assembly lines to a halt for lack of semiconductors, and contend with… Continue reading GM, Ford results likely to reflect chip shortage’s varying impacts on sector
LG Chem Q3 results miss estimates, hit by GM Bolt recall cost
Revenue rose 41% to 10.6 trillion won, LG Chem said in a regulatory filing. South Korea’s LG Chem Ltd posted a 20% fall in quarterly profit on Monday, hurt by a one-off expense associated with the recall of General Motors‘ Bolt electric vehicles. It reported an operating profit of 727 billion won ($617.55 million) for… Continue reading LG Chem Q3 results miss estimates, hit by GM Bolt recall cost
Continental supplies engine mounts for EV makers in Europe, USA and China
Special elastomer compounds for electric vehicles absorb vibrations in the high-frequency range. As the shift from ICE vehicle to electric vehicle takes firmer shape, particularly in developed markets, component suppliers are also getting future-ready. According to industry experts, 150 million electric cars, plug-in hybrids and fuel-cell vehicles will be on the road worldwide by 2030.… Continue reading Continental supplies engine mounts for EV makers in Europe, USA and China
UK battery ‘gigafactory’ plans huge expansion as electric car demand soars
Automotive industry UK battery ‘gigafactory’ plans huge expansion as electric car demand soars Envision’s Sunderland plant produces batteries for the Nissan Leaf and other electric vehicles Boris Johnson visits the Envision battery manufacturing facility inside the Nissan plant in Sunderland. Photograph: Reuters Boris Johnson visits the Envision battery manufacturing facility inside the Nissan plant in… Continue reading UK battery ‘gigafactory’ plans huge expansion as electric car demand soars
Lion Electric Receives Conditional Purchase Order from Student Transportation of Canada for 1,000 Electric School Buses
MONTREAL, Oct. 25, 2021 /PRNewswire/ – The Lion Electric Company (NYSE: LEV) (TSX: LEV) (“Lion” or the “Company”), a leading manufacturer of all-electric medium and heavy-duty urban vehicles, today announced that it has received a conditional purchase order for 1,000 all-electric LionC school buses from Student Transportation of Canada (“STC”), a subsidiary of Student Transportation… Continue reading Lion Electric Receives Conditional Purchase Order from Student Transportation of Canada for 1,000 Electric School Buses
Hybrids occupy almost 21% of the market share in the third quarter in Europe
October 25, 2021 Posted by: Jorge Platero Category: Faconauto News They thus become the second engine option chosen by Europeans, surpassing diesel. Hybrid registrations have already surpassed diesel in third-quarter sales in Europe. Specifically, hybrids have had a market share of 20.7%, according to the European Automobile Manufacturers Association (ACEA). With these data they have… Continue reading Hybrids occupy almost 21% of the market share in the third quarter in Europe
Panasonic unveils its Tesla 4680 battery cell, production to start next year
Panasonic has today unveiled its new 4680 battery cell built for Tesla and it plans to start “test production” early next year. Last year, Tesla unveiled its plan to produce its own new tabless battery cell in a bigger format with a new chemistry. The automaker claims to have solved some major issues that were preventing… Continue reading Panasonic unveils its Tesla 4680 battery cell, production to start next year