Energy and Storage Archives - electrive.com

Lucid secures funding until the end of 2025

Lucid Motors has received $1.5 billion from Saudi Arabia's Public Investment Fund (PIF). That means the carmaker now has sufficient funds until the fourth quarter of 2025. This comes as Lucid announced rather positive financial results for the second quarter of this year.

BackgroundCommercial Vehicles

P3 launches new TCO calculator: where electric trucks already outperform diesel

Commercial Vehicles

ADL designs electric bus model for TfL

EU contradicts Wissing on alleged decommissioning of diesel cars

Group1 presents potassium-based battery in the USA

CATL invests in China’s electric air taxi developer Autoflight

Norway: Fastcharge chooses Kempower as a partner for truck charging hubs

Geely invests £120 million in taxi manufacturer LEVC

Image: Unsplash

Canada funds 660 new Level 2 chargers in Nova Scotia

Phoenix Contact launches new charging cables for North America

Samsung SDI with first customer feedback on solid-state battery cells

Hungary to strip PHEVs of its green number plates

Tesla wants to expand Grünheide – under certain conditions

Car ReviewAutomobile

BMW iX2 test proves sporty and comfortable with a manageable range

Volvo introduces new EX30 variant in the UK

Commercial Vehicles

Lion Electric announces additional layoffs

Hyundai ties up with Charge Zone to expand charging network in India

TU Wien is working on predictive energy management for H2 cars

Foxconn wants to produce batteries in China

Electric sportscar production takes off in China

Seoul limits EV charging at public fast-chargers to 80%