Chinese EV startup WM Motor raises $1.5bn in biggest funding round

HONG KONG — Electric vehicle startup WM Motor, one of China’s ambitious challengers to Tesla, said it raised 10 billion yuan ($1.47 billion) from a group of state-backed investors — among others — after the successful stock market listings of bigger domestic rivals. The latest round of fundraising was led by the investment arm of the… Continue reading Chinese EV startup WM Motor raises $1.5bn in biggest funding round

ALYI Features EV Battery And Charging Station Components Of Overall Electric Mobility Ecosystem Solution

DALLAS, Sept. 22, 2020 /PRNewswire/ — Alternet Systems, Inc. (USOTC: ALYI) today released new details on the company’s overall electric mobility ecosystem solution with a specific focus on the electric vehicle (EV) battery and charging station components of the company’s developing electric mobility ecosystem solution. ALYI is approaching the electric vehicle market with a comprehensive and… Continue reading ALYI Features EV Battery And Charging Station Components Of Overall Electric Mobility Ecosystem Solution

Valmet Automotive published the first Sustainability Report

Valmet Automotive has today (September 22, 2020) published the Group’s first sustainability report. As the company aims at a vanguard status of sustainable development in the automotive industry, the report presents comprehensively the main themes of sustainable development, strategic priorities and goals, as well as the highlights of 2019. The report will be published annually.… Continue reading Valmet Automotive published the first Sustainability Report

ATLIS Announces Agreement with Worksport to Configure TerraVis Solar Truck Bed Cover for ATLIS XT Truck

MESA, Ariz., Sept. 22, 2020 /PRNewswire/ — ATLIS Motor Vehicles has entered into an agreement with Worksport Ltd aimed at configuring the TerraVis™ solar charging system as an OE accessory for the highly anticipated, technologically advanced Atlis XT electric pickup truck. Atlis and Worksport will begin working together immediately to integrate their engineering and design departments. … Continue reading ATLIS Announces Agreement with Worksport to Configure TerraVis Solar Truck Bed Cover for ATLIS XT Truck

EV maker Polestar plans to double showrooms and move into new markets: CEO

By Yilei Sun, Brenda Goh 3 Min Read BEIJING (Reuters) – Polestar, the performance electric vehicle maker based in Sweden and owned by China’s Geely, plans to double the number of showrooms in existing markets this year and expand to new countries in Asia and the Middle East, its CEO said on Tuesday. Slideshow (… Continue reading EV maker Polestar plans to double showrooms and move into new markets: CEO

World NM: Karma Automotive teases its first all-electric sedan, to debut in 2021000162

Karma Automotive announced it will be introducing a new name for a family of vehicles in 2021 called the GS Series. The lineup will include updated electrification options, technological advancements and Karma’s first-ever battery electric (BEV) luxury sedan. The new electric series will include technological advancements and a price point that will help bring new… Continue reading World NM: Karma Automotive teases its first all-electric sedan, to debut in 2021000162

German Manager Magazin: Tesla Battery Day: Elon Musk slows down battery euphoria000153

Tesla-Boss Elon Musk (49) tried to curb the self-generated hype about the “Battery Day” he staged. The event, which was already announced for Tuesday in 2019, had aroused great expectations. Tesla’s share price had also risen against the market at the beginning of the week, the company is now around four and a half times… Continue reading German Manager Magazin: Tesla Battery Day: Elon Musk slows down battery euphoria000153

@Geely: Tue 22 Sep 2020Lotus Evija: stunning new film reveals driving characteristics of the world’s first British electric hypercar Read more

Lotus Evija engineering development film [embedded content] Lotus-Evija-engineering-development-film.mp4 • Gavan Kershaw, Director of Vehicle Attributes, delivers new insight into driving characteristics and why Evija is a true Lotus • Shot on the Hethel test track, on-board cameras reveal new views of the Evija • Film premieres as Evija wows the crowds at UK’s Salon Prive… Continue reading @Geely: Tue 22 Sep 2020Lotus Evija: stunning new film reveals driving characteristics of the world’s first British electric hypercar Read more