Workhorse Receives $1.4 Million From U.S. SBA Through Its CARES Act Paycheck Protection Program
Workhorse Group, an American technology company focused on providing sustainable and cost-effective electric vehicles to the last mile delivery sector, recently entered into a Paycheck Protection Program Term Note (“PNC Note”) with PNC Bank under the Paycheck Protection Program (“PPP”)…
Xpeng Motor’s New P7 Smart Electric Vehicle, To Roll Out In China This Month
Xpeng Motors, a leading Chinese electric vehicle and technology company, announced today that its P7 smart electric sports sedan officially rolls out in China on April 27. The Xpeng P7 features the NVIDIA DRIVE™ AGX Xavier platform for its XPILOT3.0….
Hero Electric’s #SmartMove Through Its ‘Switch to Electric’ Campaign
While the whole country is amidst a major lockdown, Hero Electric, India’s biggest electric vehicle brand is urging people to make a #SmartMove through its ‘Switch to Electric’ campaign post-pandemic. In its endeavor to make the country greener with ‘Zero…
Tesla Shares Extend Rally After China Registration Surge And Nod From Goldman
Tesla’s stock extended its recent rally on Wednesday following a surge in China car registrations and after Goldman Sachs initiated coverage of the electric car maker with a “buy” recommendation. Shares of the Silicon Valley automaker rose nearly 2%, bringing their gain…
Honda And SNAM To Expand Battery Partnership
Honda is expanding its partnership in Europe with the French recycling specialist SNAM. In future, SNAM will collect batteries from Honda dealers and authorised recycling facilities in 22 countries and test them for their suitability for recycling and further processing….
FREQCON And Mercedes-Benz Energy Enter Into Strategic Partnership
The German manufacturer of converters and control systems for renewable energy systems, FREQCON GmbH and Mercedes-Benz Energy, a hundred-percent subsidiary of Daimler AG entered an agreement for the delivery of EV batteries for battery storage solutions. FREQCON will offer scalable…
Geely-Kandi Affiliate Fengsheng Automotive Introduces Its First Pure Electric SUV Maple 30X
Kandi Technologies Group, Inc., today announced that Fengsheng Automotive Technology Group Co., Ltd. (the “Affiliate Company” or “Fengsheng”), introduced its first pure electric SUV, the Maple 30x. Available for immediate pre-order, the Maple 30x was revealed in an online brand…
Renault Sets New Strategy For China
Groupe Renault unveiled its new strategy for the Chinese Market, building on two of its key pillars: Electric Vehicles (EV) and Light Commercial Vehicles (LCV). Within this new strategy, Groupe Renault activities in China will be driven as follow: With…
Ionity Opens 4th High Power Charging Site In UK
Ionity and the Extra MSA Group have expanded the UK high power charging network with a 350kW charging station for electric vehicles at Extra’s recently constructed Leeds Skelton Lake Services pit stop close to Leeds. The new Ionity station is…
Damon Motorcycles Has Unveiled Two Limited-Edition Electric Motorcycles
High-performance electric superbike manufacturer has unveiled two limited-edition motorcycles, the Hypersport Arctic Sun and Midnight Sun. The two limited-edition motorcycles pack identical styling, although they are distinguished by their respective paint themes. The Arctic Sun version features a white base…
