Tag: Startup

Mar 30, 2023 - 12:31 pm

Faraday Future starts production of the FF 91

The Californian electric car start-up Faraday Future has announced the official start of production for its debut model, the FF 91. Although five years later than originally planned, the first units could soon be rolling out to customers.

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Mar 29, 2023 - 11:30 am

Lucid Motors announces major layoffs in the USA

Electric car manufacturer Lucid Motors is firing around 18 per cent of its employees. As part of a restructuring plan, the US company wants to reduce its costs after going deep in the red in 2022. In addition, Lucid also has to recall some units of its Lucid Air.

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Mar 28, 2023 - 01:07 pm

VinFast kicks off deliveries in Vietnam and the USA

VinFast has launched deliveries of the VF 9 in Vietnam with the first 27 vehicles delivered to customers. The delivery came about a year after the official public introduction of the vehicle. At the same time, 45 VF 8 were delivered to US American customers.

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Mar 28, 2023 - 10:42 am

UK startup Helixx to offer EVs via franchise

British startup Helixx has unveiled a new concept allowing companies to deploy light electric vehicles in metropolitan areas at low cost. At the core of the approach are franchise agreements tied in with technology licenses.

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Mar 22, 2023 - 02:34 pm

Twaice & Vispiron open battery research lab in Munich

Munich-based battery analytics company Twaice has opened the Munich Battery Lab together with R&D service provider Vispiron Systems. The new battery lab is designed to analyse battery behaviour and optimise battery development. The focus is on testing lithium-ion batteries.

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Mar 22, 2023 - 01:02 pm

Sono Motors faces insolvency

Following the demise of the Sion solar electric car, Sono Motors is apparently still in serious financial difficulties. Insolvency is imminent, as there is probably not enough money to continue business operations.

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Mar 21, 2023 - 11:39 am

BMW & Continental invest in DeepDrive

BMW and Continental have become investors in electric drive specialist DeepDrive. The Munich-based start-up has developed a radial flux dual rotor motor including power electronics that can be installed as a central drive as well as a wheel hub drive in production vehicles.

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Mar 21, 2023 - 08:55 am

Günsel: A new EV brand from Cyprus

A new electric car manufacturer named Günsel has appeared from the north of Cyprus. The manufacturer has been working on a compact electric car since 2016 – which will soon go into series production.

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Mar 20, 2023 - 02:11 pm

Xpeng publishes first key points on new electric SUV

Chinese electric car manufacturer Xpeng is preparing to launch its already anticipated coupe-like electric SUV – but not under the name G7, as initially planned. Instead, the new EV will be called G6. Regarding looks and dimensions, the model resembles the Tesla Model Y.

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Mar 17, 2023 - 03:59 pm

Xpeng’s sales slowly ramping up

Chinese electric car maker Xpeng delivered 120,757 vehicles last year, up 23 per cent from 2021, but net losses nearly doubled to 9.14 billion yuan, the equivalent of 1.25 billion euros, on slightly higher sales.

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Mar 16, 2023 - 04:10 pm

Autoflight to deliver 205 eVTOLs to Evfly

The Chinese air taxi start-up Autoflight has signed a contract with the company Evfly for an initial 205 of its electric air taxis. Evfly specialises in the operation of eVTOLs and their fleet management and is ordering an unspecified mix of the ‘Prosperity I’ and ‘Prosperity Cargo’ models.

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Mar 14, 2023 - 01:34 pm

Bonnet charging app rakes in over £3 mn in funding

Bonnet, a London-based EV charging app with a European scope, has launched a public crowdfunding campaign after drivers already using the app had pledged to take a stake in the company. Bonnet also reveals that it got £3 million in equity from powerful investors.

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Mar 14, 2023 - 12:33 pm

Rivian wants to end its exclusive deal with Amazon

Rivian wants to offer its electric delivery vans to others in the future and is therefore negotiating with Amazon to lift the exclusivity clause that is part of the companies’ deal. This comes as Amazon’s orders remain allegedly below expectations.

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Mar 13, 2023 - 04:22 pm

Xpeng presents updated P7 called P7i

The Chinese electric car manufacturer Xpeng is putting the spotlight on the facelift of its P7 sedan, which is also available in Europe. The new edition is called Xpeng P7i and can be ordered in China as of now. Deliveries are also scheduled to begin this month.

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Mar 13, 2023 - 11:42 am

Over half a million NEVs sold in China over February

Around 525,000 new energy vehicles (NEVs) were sold in China in February 2023, 55.9 per cent more than in the same month last year and 28.7 per cent more than in January 2023. BYD accounted for the largest number of vehicles – both NEVs and pure battery-electric cars.

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Mar 10, 2023 - 02:52 pm

Ex-Tesla staff launches electric RV trailer Lightship L1

Lightship, a start-up for zero-emission RVs (recreational vehicles), has unveiled its first trailer. The Lightship L1 comes with a battery-powered drive that helps tow it without needing (much) more fuel or electricity. Behind it are former Tesla engineers.

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Mar 6, 2023 - 11:51 am

Autoflight reports 250 km flight with eVTOL prototype

Chinese air taxi startup Autoflight announces what it claims is the world’s longest eVTOL flight to date. Its electric flying cab, ‘Prosperity I’, allegedly covered a distance of 250 kilometres without stopping to charge. The flying taxi is scheduled for certification in 2025.

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Mar 3, 2023 - 12:00 pm

Redwood sources 95 per cent of metals from old batteries

Redwood Materials has released an interesting update on its electric and hybrid vehicle battery recycling programme, launched about a year ago in California with partners Ford and Volvo. Redwood has collected and recycled 1,268 end-of-life lithium-ion and nickel-metal hydride battery packs over the past 12 months.

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Mar 1, 2023 - 01:06 pm

TCS buys stake in Sun2Wheel

The Touring Club Switzerland (TCS) has acquired a 20 per cent stake in the Swiss startup Sun2Wheel. According to the largest mobility club in Switzerland, it wants to expand its involvement in electric mobility. Details of the transaction were not disclosed.

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Mar 1, 2023 - 12:51 pm

Rivian falls deeper into debt

The US electric car start-up Rivian has presented its annual report for the fourth quarter and the full year of 2022. While revenues are increasing along with the deliveries of the vehicles, losses have also continued to rise due to scaling production costs.

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Feb 28, 2023 - 11:12 am

Spark Bulgaria extends EV fleet

The electric car-sharing service Ride Share Bulgaria has added 100 Dacia Spring to its fleet. According to an announcement on social media, the company, which operates under the name „Spark,“ now has 650 electric vehicles in its fleet.

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Feb 27, 2023 - 12:29 pm

Done deal: Recharge Industries buys Britishvolt

US-Australian company Recharge Industries has acquired insolvent British battery startup Britishvolt. The deal had already become apparent in early February and, according to an official statement by Recharge Industries, has now been completed. Britishvolt’s planned battery cell factory in the northern English county of Northumberland has therefore been saved.

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Feb 24, 2023 - 04:57 pm

Sono Motors has dropped the Sion

The Munich-based start-up Sono has decided to discontinue the Sion programme and not to pursue its own solar car project any further – the Sion is thus history before the first series production example. Instead, they will concentrate on the solar business for B2B customers.

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Found on electrive.com
30.03.2023 12:36