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Electric Cars
car&bike Team
Mar 31, 2022, 12:15 AM
The additional investment, which adds to an existing A$72 million commitment and will be spent by the end of June 2025, will also aid purchases of electric cars and buses for government and business fleets.
1 Min
car&bike Team | Mar 31, 2022China Evergrande EV Unit To Raise $347 Million From Share Sale To Fund ProductionChina Evergrande New Energy Vehicle Group Ltd will issue about 900 million shares at HK$3 apiece through a top-up placement to controlling shareholder Evergrande Health Industry Holdings Ltd, after striking a similar deal with it last week.1 min read
car&bike Team | Mar 31, 2022South Korea's SK On To Invest $2.5 Billion To Build New EV Battery Factory In ChinaThe company had said in September it planned to build a new battery factory in China with an initial investment of 1.2 trillion won ($1.01 billion).1 min read
car&bike Team | Mar 31, 2022Waymo, UPS Expand Autonomous Freight Truck Tie-Up Ahead Of HolidaysThe company said trial runs would start in the coming weeks, where big rigs equipped with its fifth-generation Waymo Driver technology will deliver for UPS' North American Air Freight unit between facilities in Dallas-Fort Worth and Houston, Texas.1 min read
Reuters | Mar 30, 2022Daimler To Produce First In-House Electric Motor At Berlin PlantThe motor, known as an axial-flux motor and designed by the British startup YASA which Daimler acquired earlier this year, weighs a fraction of its diesel equivalent and can boost the range of an EV by up to 7%.1 min read
Reuters | Mar 30, 2022Piech Automotive Says Incari Software In Its First EV Model Quick To UpdatePiech Automotive is due to release its 200,000 euro Piech GT model in 2024, with a production target of 10,000 cars a year.1 min read
Reuters | Mar 30, 2022New German Government Aims For At Least 15 Million EVs By 2030Germany aims to have at least 15 million electric cars on the roads by 2030 in its shift towards climate neutrality, up from a previous goal of 14 million.1 min read
car&bike Team | Mar 30, 2022Autos, Energy And Migration On U.S., Canada, Mexico Joint AgendaThe three governments want to take advantage of a new trade deal known as the United States-Mexico-Canada Agreement (USMCA) to deepen supply chains, but that push has been clouded by months of wrangling over disputes in the auto industry.1 min read
Sameer Contractor | Mar 30, 2022Rolls-Royce Spectre EV Completes Winter Test Phase Near The Arctic CircleThe first prototypes of the Rolls-Royce Spectre EV are completed winter testing in temperatures under -26 degrees centigrade and further cooled to -40 degrees centigrade, about 55 km from the Arctic circle.1 min read
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