Electric Vehicles
Which automaker accelerated efforts to go all-electric in Europe and the U.K.? Which EV’s tech will cost $2,500 a year so drivers can take eyes off the road and hands off the wheel—below 40 mph? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending September 29,…
Fisker Inc. announced its intention to offer $170,000,000 in aggregate principal amount of 0% senior unsecured convertible notes due 2025 (the “Notes”) to an existing institutional investor (the “Investor”), with such Notes having an original issue discount of approximately 12%, resulting in gross proceeds of $150,000,000 to Fisker. The Notes are being sold pursuant to…
Daimler Truck Financial Services is partnering with Electrada, a developer, owner and operator of electric vehicle charging infrastructure, to develop a Charging-as-a-Service (CaaS) solution. In a first step, the all-in-one solution will be provided to projects with selected customers in the USA in the first half of 2024. “Together with Electrada we will offer our…
Lithium Nickel Manganese Cobalt (NMC) Batteries Lithium Nickel Manganese Cobalt (NMC) batteries are a type of lithium-ion battery that has gained significant attention in recent years due to their high energy density, improved safety features, and suitability for various applications, including electric vehicles (EVs). NMC batteries are known for their high energy density, relatively long…
Hyundai Australia says it has electric vehicles in its pipeline that will help lower the price gap between it and models like the MG4, BYD Dolphin and GWM Ora as it vows to retake its leadership position in the EV space. While the Korean giant concedes it might not be able to directly price match…
Northvolt, a Swedish EV battery developer and manufacturer, will establish a fully integrated lithium-ion battery gigafactory, just outside of Montreal, in the Canadian province of Quebec. The factory, named Northvolt Six, will host 60 GWh of annual cell manufacturing capacity, with adjacent facilities for cathode active material production and battery recycling, enabling fully circular production…
Volvo EVs might be able to lighten their battery footprint with a new collaboration. Sweden’s Northvolt chose Canada, partly because of Biden policy. And Honda lays out some of the ways its upcoming EV buyers will stay charged. This and more, here at Green Car Reports. In preparation for the arrival of the 2024 Honda…
American Honda has reached agreements with EVgo and Electrify America, plus roaming network partners, giving Honda and Acura EV customers access to more of the largest charging networks in North America. These latest agreements are in addition to the recent announcement that Honda will adopt the NACS charging standard with Honda and Acura EVs gaining access to…
Swedish battery firm Northvolt on Thursday said it would build a $5.2 billion (USD) EV battery factory in Canada’s Quebec province—its first outside of Europe. Known as Northvolt Six, the factory will be located just outside Montreal, according to a company press release. The first phase of construction is scheduled to start this year, with…
Israel-based battery firm StoreDot on Thursday announced a “strategic collaboration” with Volvo to develop very fast-charging battery cells for future EVs. The partnership will produce cells “optimized and tailored for Volvo’s future electric vehicle architecture,” according to a StoreDot press release. The company expects to deliver the first samples to Volvo for testing next year,…
