SEOUL, February 23, 2021 — Hyundai Motor Company today launched the IONIQ 5 midsize CUV during a virtual world premiere event. As the first model in Hyundai’s new IONIQ brand dedicated to battery electric vehicles (BEV), IONIQ 5 sets the benchmark to redefine the electric mobility lifestyle with sustainable and innovative features. IONIQ 5 is built upon… Continue reading @Hyundai: Hyundai IONIQ 5 Redefines Electric Mobility Lifestyle
Tag: Electric vehicles
Lucid Motors strikes SPAC deal to go public with $24 billion valuation
Lucid Motors reached an agreement to become a publicly traded company through a merger with special-purpose acquisition company Churchill Capital IV Corp, in the largest deal yet between a blank-check company and electric vehicle startup. The combined company, in which Saudi Arabia’s sovereign fund will continue to be the largest shareholder, will have a transaction… Continue reading Lucid Motors strikes SPAC deal to go public with $24 billion valuation
DHL Freight and Volvo Trucks join forces to speed up transition to fossil free road transport on longer distances
GÖTEBORG, Sweden, Feb. 23, 2021 /PRNewswire/ — DHL Freight, one of the leading road freight providers in Europe, and Volvo Trucks have partnered to speed up the introduction of heavy duty electric trucks to be used for regional transport in Europe. The combined effort marks another important step towards climate neutral transport solutions. So far,… Continue reading DHL Freight and Volvo Trucks join forces to speed up transition to fossil free road transport on longer distances
Amazon India to deploy Mahindra Electric’s Treo Zor for deliveries in 7 cities
E-commerce major Amazon India has announced its partnership with Mahindra Electric to further strengthen its commitment towards electric mobility in the country. In 2020, Amazon India had announced that its fleet of delivery vehicles will include 10,000 electric vehicles (EVs) by 2025, which is part of the company’s global commitment of adding 100,000 electric vehicles… Continue reading Amazon India to deploy Mahindra Electric’s Treo Zor for deliveries in 7 cities
Hyundai Motor Group Selects Sebang Global Battery to Be Part of Its Electric Vehicle Battery Pack Suppliers
The Hyundai Motor Group has decided to expand its list of electric vehicle (EV) battery pack suppliers that currently only includes Hyundai Mobis.Its decision comes from the fact that Hyundai Mobis will not be able to handle every supply of EV battery packs due to an expansion of the EV market and it wants to… Continue reading Hyundai Motor Group Selects Sebang Global Battery to Be Part of Its Electric Vehicle Battery Pack Suppliers
Tesla drops 9% after stopping new orders for the lowest-priced version of its Model Y SUV (TSLA)
Tesla Model Y. Tesla Shares of Tesla close 9% lower on Monday after the electric-vehicle maker stopped taking new orders for the lowest-priced version of its Model Y. According to reports out of Electrek, Tesla has halted new orders for the lowest-priced version of the Model Y electric SUV and removed the car from its… Continue reading Tesla drops 9% after stopping new orders for the lowest-priced version of its Model Y SUV (TSLA)
Tesla Model Y Standard Range is still available ‘off menu,’ but Elon Musk doesn’t like the range
Tesla is apparently still offering the Model Y Standard Range, which has been removed from the online configurator this weekend, as an “off-the-menu” item. The reason behind the removal is apparently that Elon Musk doesn’t like the range of the electric SUV. As we reported yesterday, Tesla removed the Model Y Standard Range from its… Continue reading Tesla Model Y Standard Range is still available ‘off menu,’ but Elon Musk doesn’t like the range
@Groupe PSA: PR Opel Sister Vauxhall Takes Largest UK Commercial EV Order From British Gas001244
British Gas has ordered 2,000 of the new all-electric Vivaro-e van for its engineers This represents the largest electric vehicle order for a commercial fleet in the UK and adds to the 1,000 purchased last summer Rüsselsheim. The Opel sister company Vauxhall announced today that it has received an order for 2,000 new all-electric Vivaro-e… Continue reading @Groupe PSA: PR Opel Sister Vauxhall Takes Largest UK Commercial EV Order From British Gas001244
ATLIS Motor Vehicles and Clemson University Announce Strategic Partnership to Advance Development of Electric Vehicle Batteries
MESA, Ariz., Feb. 22, 2021 /PRNewswire/ — ATLIS Motor Vehicles, Inc. and Clemson University have partnered to advance development of electric-vehicle batteries that charge faster, last longer and can be scaled to fit a variety of vehicle classes. ATLIS, a startup company based in Arizona, is developing battery cells and packs to power the Atlis XP… Continue reading ATLIS Motor Vehicles and Clemson University Announce Strategic Partnership to Advance Development of Electric Vehicle Batteries
Advanced Silicon Battery Company Enovix to Become a Public Company Through Merger with Rodgers Silicon Valley Acquisition Corp.
FREMONT, Calif., Feb. 22, 2021 /PRNewswire/ — Enovix Corporation (“Enovix” or the “Company”), the leader in the design and manufacture of next generation 3D Silicon™ Lithium-ion batteries, and Rodgers Silicon Valley Acquisition Corp. (Nasdaq: RSVA, RSVAU, RSVAW) (“Rodgers” or “RSVAC”), a special purpose acquisition company (“SPAC”), today announced that they have entered into a definitive agreement… Continue reading Advanced Silicon Battery Company Enovix to Become a Public Company Through Merger with Rodgers Silicon Valley Acquisition Corp.