As of May 26, 2020, NIO Power has completed over 500,000 battery swaps, becoming one of NIO’s most well-received power services. Power Swap is at the core of NIO’s “chargeable, swappable, upgradable” user experience, alongside a comprehensive battery and vehicle e-powertrain inspection. The infrastructure also enables users to continuously enjoy the benefits of the development… Continue reading @Nio: NIO Power Completes 500,000 Battery Swaps
Tag: Electric vehicles
Key Hyundai affiliate aims to muscle into electric vehicle market as longtime suppliers turn to outsiders
SEOUL (Reuters) – As Tesla Inc (TSLA.O) accelerates the shift to electric cars, Hyundai Motor 005803.KS’s loyal suppliers have increasingly turned to “outsiders” for parts – but now the South Korean carmaker’s own supply company, Mobis, is plunging into the game. FILE PHOTO: The logo of Hyundai Mobis is seen during the 2019 Seoul Motor… Continue reading Key Hyundai affiliate aims to muscle into electric vehicle market as longtime suppliers turn to outsiders
With $11 million in fresh capital, Bolt Bikes rebrands to Zoomo
Bolt Bikes, the electric bike platform marketed to gig economy delivery workers, has a new name and a fresh injection of $11 million in capital from a Series A funding round led by Australian Clean Energy Finance Corporation. The round also included equity from Hana Ventures and existing investors Maniv Mobility and Contrarian Ventures, together… Continue reading With $11 million in fresh capital, Bolt Bikes rebrands to Zoomo
Motiv Power Systems Secures $15M In Additional Funding
Motiv Power Systems, a Foster City, Calif.-based a sustainable technology company delivering all-electric chassis with a proven software platform for the electrification of medium-duty trucks and buses, secured $15 million of additional funding. GMAG Holdings Corp. provided the funding, which will be made by means of convertible notes that are expected to be converted into a Series… Continue reading Motiv Power Systems Secures $15M In Additional Funding
The Station: Canoo paddles into the SPAC current and the next threat to micromobility
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox. Hello and welcome back to The Station, a newsletter dedicated to all the present and future ways people and packages move from Point A to Point B. Let’s… Continue reading The Station: Canoo paddles into the SPAC current and the next threat to micromobility
EV startup Bollinger Motors moves to bigger HQ, plans to double staff – Automotive News Europe
At Bollinger Motors things are starting to move faster now. The suburban Detroit electric vehicle startup said Tuesday that it is in the process of doubling its staff and has opened a new headquarters and engineering center nearly five times larger than its original building. CEO Robert Bollinger told Automotive News that the last two… Continue reading EV startup Bollinger Motors moves to bigger HQ, plans to double staff – Automotive News Europe
@Tesla: Tesla Announces Updates to 2020 Annual Meeting of Stockholders and Battery Day Event000045
PALO ALTO, Calif., Aug. 21, 2020 (GLOBE NEWSWIRE) — Tesla, Inc. today announced updates to the time, format and location of its 2020 Annual Meeting of Stockholders (the “2020 Annual Meeting”). Tesla also announced information regarding its separate Battery Day event. Although Tesla believes that the best stockholder experience is a fully in-person annual meeting… Continue reading @Tesla: Tesla Announces Updates to 2020 Annual Meeting of Stockholders and Battery Day Event000045
German Manager Magazin: Volkswagen: Production of the ID.4 electric car begins in Zwickau000053
Volkswagenstarted building the second model in its new electric series at the Zwickau plant. The ID.4 SUV complements the ID.3 mid-range car, which is also produced at the Saxon location. Both are the prelude to a series of fully electric cars that will form the basis for other Group vehicles in the years to come.… Continue reading German Manager Magazin: Volkswagen: Production of the ID.4 electric car begins in Zwickau000053
German Manager Magazin: According to Ferdinand Dudenhöffer, Volkswagen produces too expensive000054
The very different results of the Car maker In the first half of the year, industry expert Ferdinand Dudenhöffer “revealed hidden problems”. The car sales of the Volkswagen-Group was down 28 percent, from Toyotabuckled by 29 percent. But Volkswagen lost 415 euros per car, while Toyota 533 euros and the French Opel-Mother PPEeven made 707… Continue reading German Manager Magazin: According to Ferdinand Dudenhöffer, Volkswagen produces too expensive000054
Electric vehicle chassis provider Motiv announces fresh funding
(Reuters) – Motiv Power Systems, which provides chassis and software systems for medium-duty trucks and buses, said on Monday it had secured $15 million in additional funding from GMAG Holdings Corp to fund technology and scaling up its manufacturing operations. The latest funding follows a $60 million funding round last October led by GMAG, Motiv’s… Continue reading Electric vehicle chassis provider Motiv announces fresh funding