Tag: Startup

Mar 23, 2020 - 01:49 pm

Lilium closes $240M financing round for jet-like VTOL

The Bavarian electric aircraft company Lilium has closed a financing round for more than 240 million dollars. The Chinese internet giant Tencent led the round. Other previous investors including Atomico, Freigeist and LGT also participated.

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Mar 16, 2020 - 01:06 pm

Newron Motors presents extravagant e-motorbike

The French startup Newron Motors is exhibiting an extravagant electric motorcycle called EV-1, which is to be offered with wooden-looking frame elements, among other things. Initially, they plan a small series of twelve units, to be delivered from 2021.

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Mar 15, 2020 - 04:57 pm

VoltAero launches hybrid aircraft prototype (video)

The French startup VoltAero launched the maiden flight of its first hybrid aircraft. The prototype, called Cassio 1, is based on a Cessna 337 Skymaster and comes equipped with two electric motors from Safran and a thrust propeller with combustion engine from Nissan.

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Mar 12, 2020 - 12:52 pm

Sono Motors announces new CFO

Sono Motors has appointed Torsten Kiedel to the company’s Management Board with immediate effect. The Chief Financial Officer’s (CFO) main task is to ensure the financing of the electric car start-up.

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Mar 7, 2020 - 03:05 pm

Suncar new TB216E electric excavators

The Swiss construction company Suncar HK has announced the completion of a small series of ten new battery-electric excavators, developed in cooperation with Huppenkothen Baumaschinen AG.

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Mar 6, 2020 - 03:17 pm

Lucid Motors to opt for direct sales model

Lucid Motors, the electric car start-up, has announced details of its sales and service strategy and nine Lucid Studios showroom locations in the USA. The first showroom has already opened at the company’s headquarters in Newark, California.

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Mar 4, 2020 - 09:11 pm

Aiways shows the near-series U6ion

Chinese electric car startup Aiways has presented the U6ion – a near-series concept of what will be the company’s second model. The crossover coupé is based on the same platform as the U5 electric SUV but is distinctly different in appearance – with a few curious details.

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Mar 4, 2020 - 12:20 pm

Nikola becomes Nikola Corporation via VectoIQ merger

Nikola, the US maker of heavy-duty trucks with batteries and hydrogen fuel cells has become a Nasdaq listed company. The quick entry to the stock market was made possible via a merger with the already listed company VectoIQ Acquisition Corporation.

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Mar 2, 2020 - 06:03 pm

Byton M-Byte pre-orders to start in EU before year’s end

Before the end of this year, Chinese manufacturer Byton will be accepting advance orders from European customers for its first electric model M-Byte – for a reservation fee of 500 euros. Byton has also revealed some details on the planned distribution and charging service.

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Feb 28, 2020 - 12:56 pm

Aiways will skip dealerships in Europe

Aiways will offer its new battery electric SUV U5 in Europe exclusively through direct sales and not through traditional dealer networks. After sales and service will be handled by partners – the first ones for Europe have now been named.

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Feb 26, 2020 - 01:44 pm

Tier Mobility is planning a new scooter sharing service

Tier Mobility has acquired the approximately 5,000 electric scooters including the charging infrastructure of the discontinued sharing service Coup from Bosch. The electric scooters are initially to be launched in Berlin from May onwards. Further cities are also planned.

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Feb 26, 2020 - 01:36 pm

Nio launches production of the EC6

The Chinese electric car manufacturer Nio has started production of its third model after the ES8 and ES6. The start of production at the indebted company is also made possible thanks to a framework agreement with the city of Hefei, which is providing Nio with a billion-euro cash injection.

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Feb 26, 2020 - 01:25 pm

Sono Motors announces financing update

Sono Motors has released an update on the development and financing of the Sion. Among other things, the Sion’s work packages and suppliers are being defined while other aspects, such as the legal details of their Sono Points system will still take some time.

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Feb 26, 2020 - 12:25 pm

Micro Mobility presents Microletta & Microlino 2.0

After Micro Mobility Systems announced in January that it would be developing its Microlino to series production readiness together with the Italian company CECOMP, the Swiss company will present the visually and technically revised Microlino 2.0 at the Geneva Motor Show.

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Feb 26, 2020 - 12:11 pm

e.GO Mobile presents 2 Life derivatives in Geneva

The German electric car start-up e.GO Mobile will be presenting the e.GO Life Concept Cross at the Geneva Motor Show, which is to be launched as a limited small series in 2021. In addition, the company will also be showing the near-series sports version e.GO Life Sport and the e.GO Mover with updated software.

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Feb 24, 2020 - 03:13 pm

Lucid signs supply agreement with LG Chem

Lucid Motors has signed a long-term supply contract with LG Chem. The contract covers the supply of LG Chem battery cells for the standard version of the Lucid Air electric sedan until 2023.

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Feb 21, 2020 - 03:31 pm

DB Schenker invests in Volocopter

The electric air taxi manufacturer Volocopter gained a new shareholder: DB Schenker is joining the company founded in 2011. The participation of the rail logistics subsidiary is part of the third round of financing, which has brought the company a further 87 million euros.

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Feb 19, 2020 - 07:59 am

EV companies raised $17Bn in 2019

Dutch consultancy EVBoosters has released its latest funding report for 2019, with some of the trending developments reported here. Expect number-crunching covering Q4 in e-mobility funding and investment insights.

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Feb 13, 2020 - 12:22 pm

Chinese EV sales drop significantly

The electric vehicle sales of the Chinese manufacturers BYD, BAIC BJEV and Nio declined sharply in January. The main reasons for this were the few business days in January due to the comparatively early New Year holidays and the outbreak of the coronavirus.

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Feb 12, 2020 - 12:58 pm

Tesla to set up pilot production line for battery cells

Tesla reportedly wants to set up a pilot production line for its own battery cells at their Fremont factory. In addition, the Californian company recently acquired Hibar – a company specializing in the manufacture of production equipment for battery cells.

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Feb 11, 2020 - 10:01 pm

Canoo & Hyundai to co-develop EV platform

The US American electric vehicle startup and the South Korean automotive giant have teamed up in an engineering partnership to develop electric vehicles. Canoo and Hyundai will co-develop an electric vehicle platform based on Canoo’s skateboard technology to be used for upcoming Hyundai and Kia EVs and PBVs (Purpose Built Vehicles).

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Feb 11, 2020 - 01:10 pm

Nikola wants to build an electric pickup

The US American manufacturer Nikola Motor, known for its fuel cell and battery trucks, has also announced its move into the segment of electrically powered pickup trucks. The first renderings of the Nikola Badger are now available along with some interesting details about the unusual drive.

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Feb 9, 2020 - 08:03 pm

Feds exempt autonomous delivery pod R2 by Nuro

Founded by former Google engineers, the US start-up Nuro is to make goods delivery autonomous and electric. They now launched the next-gen pod, R2, and say they can start testing in Houston within weeks. Regulators have approved a driverless exemption for this.

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Feb 7, 2020 - 05:58 pm

Nikola Tre to build electric trucks at Iveco in Germany

Iveco-owner CNH Industrial and Nikola Motor will build the Nikola Tre in battery-electric and fuel cell version at the Iveco plant in Ulm, Germany. The first e-trucks to go into production from 2021 are the battery-electric 4×2 and 6×2 vehicles. The fuel cell version is planned for 2023.

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Feb 6, 2020 - 07:30 pm

Trending: Funding for e-mobility start-ups in Q3/19

The Dutch e-mobility consultancy EVBoosters crunched some numbers for e-mobility funding during Q3/2019. Using data from CrunchBase, a database for investments in tech start-ups primarily, the firm highlights trends and companies leading the chase for fresh capital.

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Feb 6, 2020 - 01:51 pm

Lucid Air to sport a 900-volt system

Lucid Motors will equip the production version of its first electric model Air with a 900-volt system, as CEO Peter Rawlinson just revealed in an interview. For the top version of the Air the manufacturer continues to promise a range of 400 miles (644 km).

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Jan 30, 2020 - 01:14 pm

Ford’s first EV on Rivian’s platform is a Lincoln

Last year, Ford had already announced that after joining Rivian, it also wanted to use the US start-up’s skateboard platform for a future e-vehicle. Now things are getting a little more concrete: Ford confirms that its Lincoln brand is working on a new electric model based on the Rivian skateboard.

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Found on electrive.com
https://www.electrive.com/2020/03/23/lilium-closes-financing-round-with-240-million/
23.03.2020 13:41