Tag: Startup

Sep 8, 2020 - 04:19 pm

GM to manufacture for Nikola Motor in the US

General Motors and Nikola have agreed on a strategic partnership, which sees GM taking an eleven per cent stake in the US startup. With this agreement, GM will become Nikola’s US manufacturing partner starting with the much anticipated zero-emission pickup Badger.

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Sep 7, 2020 - 02:12 pm

Stellantis can choose from three EV platforms

The planned merger of the car companies PSA and FCA under the name Stellantis will apparently be able to rely on three electric car platforms. In addition to the existing platforms eCMP and eVMP, according to a new report from Italy, a base developed by FCA will also trade for larger electric cars.

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Sep 3, 2020 - 03:12 pm

Kenyan startup rents electric motors to fishermen

In the Kenyan fishing village of Mbita, the start-up Asobo lends Torqeedo electric motors to local fishermen for a monthly fee. Included are financial advice, training, maintenance and a battery charging service with solar energy.

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Sep 2, 2020 - 01:00 pm

Straubel reveals more on battery recycling startup

So far there has been much speculation, but little official information about Redwood Materials, the recycling start-up founded by ex-Tesla CTO JB Straubel. Now Straubel has given more details about the plans of Redwood Materials in an interview.

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Sep 2, 2020 - 12:28 pm

Xpeng to offer battery rental in future

Similarly to competitor Nio, Xpeng Motors is now decoupling battery costs from the purchase price of its vehicles and offering customers the option of renting the battery over a period of seven years.

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Sep 1, 2020 - 02:45 pm

Dutch investors save e.Go Mobile as it turns Next.e.GO Mobile

After being under threat from bankruptcy, the Aachen electric car manufacturer e. GO Mobile has announced its new start: On 1 September, the entire business of e.GO Mobile AG, including all subsidiaries and employees, was transferred to the Dutch investment group ND Industrial BV

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Aug 28, 2020 - 12:50 pm

EV start-up Bollinger plans electric van in 2022

Bollinger Motors plans to make an all-electric delivery van starting in 2022. The electric vehicle start-up joins a growing market with manufacturers gearing up to bring commercial EVs to finally feed the demand from major delivery fleets.

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Aug 26, 2020 - 03:23 pm

Byton resumes operations as Shengteng

There is news about the electric car start-up Byton, which has been temporarily suspended since 01 July. Chinese media now report, citing insiders, that the company is ready to resume full operations in September 2020.

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Aug 24, 2020 - 08:02 pm

Sono Motors and Tesla join Fair Cobalt Alliance

Munich-based start-up Sono Motors is the first electric vehicle manufacturer to become a member of the Fair Cobalt Alliance. The action platform is an initiative to promote fairer cobalt mining practices in small-scale mining in the Democratic Republic of Congo.

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Aug 24, 2020 - 03:27 pm

Nio to expand to Europe in 2021

The Chinese electric car startup Nio wants to implement its expansion plans faster than originally planned. Nio currently operates exclusively in China – now first vehicles from the manufacturer are to be offered in Europe as early as the second half of 2021.

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Aug 18, 2020 - 04:56 pm

Canoo merges to go public as Canoo Inc.

The Californian eMobility start-up Canoo (formerly Evelozcity) has now officially announced its IPO. The company has entered into a definitive agreement with the investment firm Hennessy Capital Acquisition to merge for the purpose of an IPO.

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Aug 14, 2020 - 11:09 am

Lucid Motors plans e-SUV based on the Air

The electric car start-up Lucid Motors is planning a battery-electric SUV based on the platform of its first model, the electric sedan Air. As CEO Peter Rawlinson explained, a prototype already exists.

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Aug 12, 2020 - 11:47 am

Nio exceeds Q2 sales projections

The Chinese electric car manufacturer Nio has presented its business figures for the second quarter of 2020, which are significantly more positive than expected. Compared to the same period of the previous year, unit sales were up by almost 190 per cent, while sales increased by almost 150 per cent.

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Aug 7, 2020 - 01:28 pm

China’s NEV sales are picking up again

In China, the decline in sales figures for new energy vehicles appears to be levelling off as some manufacturers’ sales figures for July seem to indicate. The Xpeng P7 market launch also apparently went well.

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Aug 4, 2020 - 10:48 am

Lordstown to hit the stock market

Lordstown Motors plans to go public on the US stock exchange Nasdaq through a merger with the investment company DiamondPeak Holdings. It is not the only American EV startup with such plans.

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Jul 31, 2020 - 11:55 am

EV startup Kandi to launch in the USA

The Chinese electric car manufacturer Kandi is about to enter the US market. On 18 August, Kandi will start US pre-sales of its two models and deliveries are scheduled to begin in 2020.

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Jul 20, 2020 - 01:32 pm

Xpeng Motors collects $500M to develop more EVs

Xpeng, an electric vehicle start-up run by former Alibaba executive He Xiaopeng, has raised around $500 million in a new round of financing. The company says it wants to develop further models targeting tech-savvy middle-class consumers in China.

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Jul 14, 2020 - 04:29 pm

Plugsurfing vouchers for EV charging from &Charge

Plugsurfing announced a cooperation with the eMobility-Startup &Charge. The app from &Charge enables customers in Germany, Austria, Belgium and the Netherlands to buy online and offline from partners and receive as a bonus free “kilometers” to redeem with traction power providers.

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Jul 13, 2020 - 06:38 pm

McKinsey finds 7 of 10 China EVs potentially profitable

The management consultancy McKinsey has disassembled and analysed ten popular electric cars from Chinese manufacturers for a new study. From this, the consultants derived some interesting statements on possible profits and the market prospects of international manufacturers.

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Jul 12, 2020 - 01:48 pm

Rivian collects $2.5Bn, says production is on track

The relative newcomer in the electric vehicle space, Rivian, has raised another 2.5 billion dollars in its latest round of funding. Existing investors BlackRock and Amazon chipped in again with others joining in this time, among them the fund of George Soros.

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Jul 10, 2020 - 01:53 pm

Volta Zero: delivery e-truck using organic space materials

Volta Trucks, a startup with offices in Sweden and the UK, is working on the prototype of an all-electric 16-ton truck. The Volta Zero, due for launch later this year is to use hi-tech organic materials developed together with the European Space Agency, ESA.

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Jul 2, 2020 - 03:55 pm

Insolvency proceedings opened for e.GO Mobile

Insolvency proceedings have now opened in Germany for the assets of the electric car manufacturer e.GO Mobile under its own administration. e.GO Mobile filed for a preliminary self-administration procedure in early April this year.

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Jun 30, 2020 - 01:23 pm

Byton may be facing bankruptcy

The electric car startup Byton that started with such promise looks to be on the brink of collapse. According to the company, it will cease operations for half a year from 1 July – whether it will continue after that is open.

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Jun 29, 2020 - 01:41 pm

Xpeng launches deliveries of the P7 sedan

The Chinese electric car startup Xpeng Motors has started deliveries of its second production model in China. The Xpeng P7 electric sedan will be offered at prices starting at 229,900 yuan (around 29,950 euros) after subsidies.

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Jun 26, 2020 - 01:44 pm

Lordstown Motors presents the Endurance e-pickup

Lordstown Motors has now officially introduced its all-electric pickup truck. The Lordstown Endurance has an electric motor on each wheel, an output of 447 kW and prices start at $52,500 US. However, even the prototype leaves several questions unanswered.

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Found on electrive.com
https://www.electrive.com/2020/09/08/gm-to-manufacture-for-nikola-motor-in-the-us/
08.09.2020 16:58