Electric Mobility
Reuters
Nov 28, 2021, 11:21 PM
The 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%.
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Reuters | Nov 28, 2021South 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
Reuters | Nov 28, 2021China 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
Reuters | Nov 28, 2021Startup Italvolt Signs Deal With Engie's Equans In Italy Battery Facility PlanItalvolt has pledged to invest 3.4 billion euros ($3.9 billion) to build a battery production facility in Scarmagno, near Turin, to meet growing demand for lithium-ion batteries from Europe's automotive industry.1 min read
Reuters | Nov 28, 2021Battery Swap Startup Ample Hits Unicorn Status With New Funding RoundThe latest funding comes on the heels of a $160 million round in August that boosted the companys valuation to $890 million, according to investor website PitchBook.1 min read
Reuters | Nov 28, 2021BP's Venture Capital Arm Looks To India In Clean Mobility DriveBP is also looking to invest in India's EV charging infrastructure to support BluSmart, as well as battery storage and energy management to solve India's challenges around peak power demand.1 min read
Reuters | Nov 28, 2021Canoo Advances Manufacturing Dates For Electric VehiclesThe company now plans to expand to include Arkansas and other locations in Oklahoma, for research and development, software development, customer support and finance centers.1 min read
Reuters | Nov 27, 2021First Cobalt Aims To Create Specialist EV Battery Materials Facility In North AmericaFirst Cobalt aims to create North America's first specialist facility for producing electric vehicle battery materials such as cathode chemicals.1 min read
Sameer Contractor | Nov 27, 2021Bounce Partners With Park+ To Set Up Over 3,500 Battery Swapping Stations In IndiaBounce aims to set up a battery swapping infrastructure for over a million scooters in the next 24 months and the partnership with Park+ is only the beginning to realise that aim.1 min read
