Electric Mobility News

The company's announcement comes at a time when global demand for electric vehicles has surged, which makes securing battery materials a key task for the industry.

Deliveries of battery electric vehicles (BEV) to the world's largest car market stood at 47,200 in the January-September period, up from 15,700 in the same period last year.

Lucid Motors is extremely well capitalized as it has the backing of the Saudi Public Fund.

Musk's value majorly comes from his shares in Tesla but also SpaceX which is the rocket company that he founded.

The first version of the BattMan (Battery Monitoring Analysis Necessity) software was developed by the Audi Brussels quality management department for the quick and reliable analysis of Audi e-tron's01 high-voltage battery.

Ford executive Alexandra Ford English left the Rivian board in May according to documents Rivian made public on Oct. 1 ahead of its planned initial public offering.

Mercedes-Benz is convinced of the ecological and economic advantages of battery-electric vans and is preparing to go fully electric before the end of the decade wherever market conditions allow.

The move comes as several autonomous trucking companies prepare to launch driverless routes in the coming years and begin signing up industry partners and customers in an effort to turn long-elusive self-driving into a profitable reality.