Nikola managed to barely hold on to its $2 billion lawsuit against Tesla over the design of its electric truck. The company’s stock went up 5% on the news as Nikola’s prospects are more and more limited following several controversies. As we previously reported, Nikola alleged that Tesla’s electric truck design infringes on its existing… Continue reading Nikola holds on to its lawsuit against Tesla because that’s all it’s got
Tag: Electric vehicles
SMMT statement on Net Zero Strategy
19 October 2021 #SMMT News Mike Hawes, SMMT Chief Executive, said, The automotive industry is putting zero-emission vehicles on Britain’s roads at pace beyond all forecasts, such is the choice and appeal of these new models. A well-designed, flexible regulatory framework could help maintain or even increase this pace to ensure we deliver on our… Continue reading SMMT statement on Net Zero Strategy
RevFin raises $4 million in pre-series A funding round
RevFin, which runs a digital lending platform that finances electric vehicles for commercial use, has raised $4 million (about Rs 30 crore) in pre-series A funding round with both equity and debt. The funding round was led by Redcliffe Life Solutions founder Dheeraj Jain. Other investors in the round included Let’s Venture Angel Fund; Anuraag… Continue reading RevFin raises $4 million in pre-series A funding round
Disrupted · 4:06 PM UTCAt least 50% of Aston Martin car sales should be electric by 2030, says CEOAt least 50% of British luxury carmaker Aston Martin…
An Aston Martin DB6 is pictured in this handout picture provided by Lunaz, a company which is turning classic gasoline powered cars into electric vehicles, in Silverstone, Britain this undated picture obtained by Reuters on October 8, 2021. Lunaz/Handout via REUTERS LONDON, Oct 19 (Reuters) – At least 50% of British luxury carmaker Aston Martin’s… Continue reading Disrupted · 4:06 PM UTCAt least 50% of Aston Martin car sales should be electric by 2030, says CEOAt least 50% of British luxury carmaker Aston Martin…
Xpeng-backed urban air mobility company, HT Aero, raises $500M
HT Aero, an urban air mobility (UAM) company that’s an affiliate of Chinese electric vehicle manufacturer Xpeng, has announced a $500 million Series A raise. The company will use the funds to acquire top-tier talent, advance R&D and “continue to gain airworthiness provision and certification” as it advances towards the next generation of its vehicles,… Continue reading Xpeng-backed urban air mobility company, HT Aero, raises $500M
Automobili Pininfarina and BOVET 1822 Present the New Battista Tourbillon Timepiece
Per Svantesson, Chief Executive Officer, Automobili Pininfarina, said: “Since the day we first connected with Pascal Raffy and the artisans of BOVET 1822, we felt mutually inspired by the opportunity to create another art form for clients desiring the pinnacle in design and watchmaking. With the unveiling of our first timepiece, we aim to showcase… Continue reading Automobili Pininfarina and BOVET 1822 Present the New Battista Tourbillon Timepiece
Rapid charging expert Heliox launches New 180kW Flex Charge System ™
The Flex Charge System is compatible with multiple vehicles, removing barriers to entry and enabling a giant stride ahead in the e-mobility revolution. LONDON, Oct. 19, 2021 /PRNewswire/ — Today, rapid charging expert Heliox has announced the launch of its 180kW Flex Charge System™, designed for high-powered depots and overnight charging across multiple vehicles, including buses… Continue reading Rapid charging expert Heliox launches New 180kW Flex Charge System ™
EV Connect Offers Customers Fast-Track to Launch Custom EV Charging Network
EL SEGUNDO, Calif., Oct. 19, 2021 /PRNewswire/ — Once again improving access to scalable EV charging, EV Connect today announced the general availability of its API platform, unlocking a comprehensive suite of powerful tools that allow charging providers to develop customized EV networks as well as smart charging and eMobility applications. EV Connect customers can now… Continue reading EV Connect Offers Customers Fast-Track to Launch Custom EV Charging Network
Taiwan’s Foxconn reveals two new electric cars
Taiwanese electronics giant Foxconn has revealed two new electric cars, underlining the firm’s intentions to become a “global automotive manufacturer”. Foxconn, known for contract-manufacturing devices such as the Apple iPhone, revealed the ‘Model C’ SUV and the ‘Model E’ sedan, alongside the ‘Model T’ bus in a livestream event on Monday. The two cars are based on a newly introduced… Continue reading Taiwan’s Foxconn reveals two new electric cars
Autos & TransportationXiaomi CEO says firm to mass produce its own cars in H1 2024 -spokesperson5:21 AM UTC
SHANGHAI, Oct 19 (Reuters) – Xiaomi Corp (1810.HK)Chief Executive Lei Jun said the Chinese smartphone maker will mass produce its own cars in the first half of 2024, a company spokesperson said on Tuesday. The comments, which were made at a investor event, were first reported by local media and later confirmed by the company.… Continue reading Autos & TransportationXiaomi CEO says firm to mass produce its own cars in H1 2024 -spokesperson5:21 AM UTC