Canoo Electric Vehicle Maker To Go Public To Raise $600 Million
Canoo Holdings Ltd., a company developing breakthrough electric vehicles (EV) from the ground up, and Hennessy Capital Acquisition Corp. IV (“HCAC”) , a special purpose acquisition company, announced they have entered into a definitive agreement for a business combination that…
Cao Cao Mobility, DeepRoute Partner On Robotaxis To Serve 2022 Asian Games
DeepRoute.ai LLC and Cao Cao Mobility this week said they have partnered to advance the design, development, and commercialization of an autonomous robotic taxicab service. The autonomous vehicles will use DeepRoute’s self-driving technology and will be deployed at the 2022…
Volvo Buses Inks New Electric Bus Orders In Norway
Norway is one of the most active nations when it comes to cutting carbon emissions. That means putting significant incentives in place for electric vehicles, be they passenger vehicles, trucks, ferries, or buses. One of its policy initiatives calls for…
Chinese Electric Car Brand NIO Looks At Expansion Abroad
Chinese electric car brand NIO plans to start expanding to Western markets next year and might export a battery-swapping service that could help it compete with rival Tesla, the company’s chairman said. NIO, founded in 2014, pushed back foreign plans…
Total-Adani Indian Joint Venture To Apply For Fuel Retail Licence, Also Include Electric Vehicle Charging Facilities
Total Adani Fuels Marketing Pvt Ltd, a joint venture between French energy company Total SA and Adani Gas Ltd., said it plans to apply for a fuel retail licence soon under India’s new liberal fuel retailing rules. The joint venture…
Kandi Technologies Actively Explores Possibility Of Establishing Electric Vehicle Manufacturing Facility In North America
Kandi Technologies Group, Inc. announced it is actively exploring the possibility of opening a manufacturing base in North America for its popular electric vehicles (“EV”) and off-road vehicles. Kandi plans to more aggressively target the fast-growing North America market and…
Micro Electric Vehicles (EV) Market To Worth USD 5814.7 Million By 2026
The global micro electric vehicles market size is projected to gain momentum owing to the increasing popularity of micro-mobility services. This, coupled with the rise in environmental concerns that promotes the use of eco-friendly products, commodities, and services. According to…
NIO Launches Battery-As-A-Service To Make EV Ownership Even Easier
In a livestreamed media session, NIO Vice President of Power Management Shen Fei officially launched NIO’s new Battery-as-a-Service strategy. The new service decouples the battery from the purchase price of the vehicle, providing a lower up front purchase price, more…
Lucid Motors Says Lucid Air To Be The Fastest Charging EV Yet
Lucid Motors announced the Lucid Air will be the fastest charging electric vehicle yet offered with the capability to charge at rates of up to 20 miles per minute. For owners charging their Lucid Air in real-world conditions on the…
Korean EV Maker Edison To Invest Up To Rs 5,000 Cr In UP, Create 5,000 Jobs
South Korean electric vehicle maker Edition Motors today evinced interest in investing almost Rs 5,000 crore to set up its production facility in Uttar Pradesh. The company has proposed to invest Rs 500-700 crore in the first phase, Rs 1,000-1,500…
