Up-and-coming Chinese EV maker NIO’s stock is falling after announcing a proposed total of $1 billion in convertible senior notes on Monday.
The post NIO stock sinks after $1 billion planned convertible debt offering appeared first on Electrek.
Less than two years after sharing expansion plans for Europe, US-based battery recycling specialist Redwood Materials is adding Germany to its map of locations. Today, the company announced the acquisition of Redux Recycling GmbH – the leading lithium ion battery recycler in the EU, as it looks to quickly expand its operations overseas.
The post Redwood Materials expands presence in Europe, acquiring its leading Li-ion battery recycler appeared first on Electrek.
A New Zealand-based startup just got $18 million to commercialize graphite made of wood chips for EV batteries in Europe and the US.
The post Graphite made from wood chips may soon be in your EV battery appeared first on Electrek.
Tesla has built new in-car software specifically for Hertz’s growing fleet of Tesla vehicles for rent around the world.
The post Tesla builds in-car software to make car rental easier with Hertz’s fleet appeared first on Electrek.
This week, I got to test out something that I didn’t know existed and rode like nothing I’ve ridden before. The Dragonfly from D-fly is an adventure electric vehicle with patented 3-dimensional steering that looks kind of like a 4-wheeled scooter with crazy suspension.
The post Dragonfly review: an adventure EV with 3-dimensional steering appeared first on Electrek.
Weeks after battery developer Gotion-High Tech acquired a 25% stake in startup InoBat, the two companies have signed an agreement to erect a gigafactory in Europe. As a Tier 1 battery supplier to its top shareholder Volkswagen Group, Gotion will look to InoBat to help it provide the German automaker and other marques with EV batteries… but where will the joint venture set up shop?
The post Gotion High-Tech and InoBat to establish a 20 GWh battery plant in Europe to supply VW EVs appeared first on Electrek.
Kawasaki has officially announced several key specs for its upcoming electric motorcycles, as well as expected release dates. The only problem for these two highly anticipated models is that the new Kawasaki Ninja e-1 and Z e-1 aren’t going to knock anyone’s riding socks off.
The post Kawasaki reveals specs for electric Ninja and Z motorcycles, but they’re embarrassing appeared first on Electrek.
Volvo’s last diesel-powered car will roll out next year as the Swedish automaker looks toward an all-electric future. As one of the first legacy automakers to do so, Volvo is rapidly transitioning its lineup with a full slate of EVs.
The post Volvo is finally phasing out diesel cars next year in favor of an all-electric future appeared first on Electrek.
CS Energy released a new timelapse video of its $150 million Tesla Megapack project being built in Queensland.
The post Watch Tesla build a $150 million Megapack battery system appeared first on Electrek.
Scottish EV startup Munro Vehicles has added a third variant of its all-electric MK 1 4×4 that initially debuted last year. Today, the company introduced the MK 1 Mountain Rescue Edition – an EV tailored to the requirements of emergency rescue and fire teams that provides 4×4 capabilities with zero emissions.
The post Munro introduces rugged ‘Mountain Rescue Edition’ of its all-electric MK 1 4×4 truck appeared first on Electrek.