Tesla Delivers Highest First Quarter Electric Car Sales Despite Covid-19
Tesla stock soared 17% in after hours trading on Friday following the release of recorder first quarter deliveries for Q1 2020 on Thursday. Tesla said more than 88,000 electric vehicles in total were delivered in the first quarter, 76,200 of…
GreenPower Motor To Collaborate With Momentum Dynamics To Develop Wirelessly-Charged Electric Buses
GreenPower Motor Company Inc. (GreenPower) and Momentum Dynamics have entered a three-year OEM agreement to develop and sell wirelessly charged, purpose-built, all-electric transit vehicles. The first vehicle to integrate Momentum Dynamics’ high-power wireless charging will be GreenPower’s flagship model, the…
The Sharing Economy Faces Worst Hit In The Pandemic
The global pandemic keeping well over a billion people inside their homes has become a stress test for one of the most fascinating corners of the tech industry: the so-called sharing economy. Businesses whose services involve driving people around, renting…
Chinese Electric-Vehicle Maker Backed By Warren Buffett To Supply Electric-Car Parts To Rivals
BYD Co., the Chinese electric-vehicle maker backed by Warren Buffett, will start offering a full suite of EV components to rivals and aspiring auto manufacturers to diversify its revenue sources amid sputtering car demand. Among the parts that the Shenzhen-based…
Ford Mustang Mach-E Orders To Open In Mid-May
Orders for the upcoming Ford Mach-E – the fully electric Mustang – may open as soon as mid-May, new images of the ordering interface that were shared with an online Mach-E forum suggest. The mockup up form also shows a…
EIB Signs An Agreement To Boost The European EV Battery Production
The European Investment Bank (EIB) has signed a EUR 480 million loan agreement with LG Chem Wroclaw Energy, the Polish subsidiary of the LG Chem Group that was established to develop the group’s battery production facility in Europe. The financing…
Wallbox Named A Winner Of The 2020 Edison Awards
Wallbox, a smart charging company and leading manufacturer of electric vehicle (EV) charging stations in Europe, announced that Quasar is named a winner in the Energy & Sustainability category for the 2020 Edison Awards. The Edison Awards, named after Thomas Alva Edison,…
Bangalore Based Startup All Set To Enter India’s Electric Rickshaw Race
In India, electric rickshaws are increasingly seen as a way to cut air pollution. Motorbikes and three-wheel rickshaws are ubiquitous in the country, and India’s government announced last year that only electric two and three-wheel vehicles would be allowed by 2025….
Infineon Withdraws Outlook For FY20; Economic Impact Resulting From Coronavirus Pandemic Can Currently Not Be Reliably Assessed
Neubiberg, Germany – 26 March 2020 – The more and more pronounced coronavirus pandemic worldwide is causing severe disruptions to global supply chains, endmarkets and economies. Developments around the coronavirus are very dynamic and result in low visibility. In view…
Okinawa Shuts Its Electric Scooter Manufacturing Plant In India Amid The Pandemic
Okinawa, the leading player in electric two-wheeler business has announced that it will be shutting its Rajasthan plant. The announcement comes in the wake of the coronavirus pandemic scare. Most of the other auto manufacturing facilities have already downed their…
