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Automotive
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Swedish Electric Truck Company Raises €37m
Volta Trucks, a full-electric commercial vehicle manufacturer and services provider has announced the successful conclusion of its Series B funding round, with…
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Italian Gigafactory Progress as Land Purchase Agreed
Italvolt Spa, the Italian gigafactory company founded by Lars Carlstrom to create one of the largest gigafactories in Europe has signed an agreement with…
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PIMCO: Three Disruptive Trends Set to Transform the Auto Industry
Over the next 10 years, the global automotive industry is expected to face one of the most significant changes in its history…
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New British Car Manufacturer Unveils Electric Plans
Soventem is a new British electric car manufacturer based in London and opening an engineering centre at Mira Technology Park in the…
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SVOLT Energy Reaches $1.58b Funding in Five Months
SVOLT Energy Technology Co., Ltd. (“SVOLT”), a Chinese EV battery manufacturer has raised total funding of 10.28b RMB ($1.58b) after completing a…
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Huawei to Develop Autonomous Vehicle With GAC Group
The Chinese car manufacturer GAC Group and tech giant Huawei have officially announced they are working on a joint project to develop…
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Mercedes-Benz in Acquisition of Electric Motor Maker
Mercedes-Benz has announced the acquisition of YASA, a next-generation electric drive technology developer. Under the terms of the acquisition, YASA will operate…
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Smart Eye & OmniVision Partner on Sensing Solution
Smart Eye and OmniVision have partnered to provide the automotive industry with a “ground-breaking” end-to-end interior sensing solution. Through a combination of…
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Austria’s Postal Service Goes Electric With ABB
Austrian full-service provider eww Anlagentechnik and ABB have supplied Austria with electric charging capabilities for its national postal service, Österreichische Post. 2,000 AC-charging…
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