Author: Shaun Williams

U.S. autonomous vehicle startup Nuro has secured $106 million in fresh capital through a Series E funding round, bringing its total funding raised to $2.2 billion and setting its latest valuation at $6 billion, the company said on Wednesday. The latest valuation marks a decline from the $8.6 billion figure reached during its $600 million Series D round in 2021, reflecting a broader market correction across the tech sector. Despite the dip, Nuro executives maintain confidence in the business’s long-term trajectory following a strategic shift away from manufacturing its own delivery vehicles. See also: Nuro Expands Autonomous Vehicle Testing with…

Swedish electric vehicle maker Polestar reported a 76% jump in first-quarter sales on Thursday, as consumer discounts and promotional campaigns helped the company navigate a competitive market and ongoing economic headwinds. Polestar sold approximately 12,304 vehicles in the first quarter, up from 6,975 units during the same period last year, when the company was grappling with weak demand and industry-wide challenges. See also: Polestar Targets Tesla Owners with Up to $20,000 Discounts on Polestar 3 Leases The sharp increase in deliveries reflects the success of targeted promotions, including lease discounts of up to $20,000 aimed at Tesla owners, as buyers…

Volvo Construction Equipment (Volvo CE) has introduced two new battery-electric articulated haulers at the Bauma trade fair in Munich, marking what it says is a world-first in this vehicle segment. The A30 Electric and A40 Electric models, with payload capacities of 29 and 39 tonnes respectively, are expected to operate for up to four hours on a single battery charge, the Swedish manufacturer said. See also: Stockholm Construction Site Achieves 50% Electric Operation with Volvo CE The launch represents a milestone in Volvo CE’s efforts to electrify heavy construction machinery. “Sixty years after Gravel Charlie, our first articulated hauler, these…

Commercial vehicle manufacturer MAN has partnered with UK parcel delivery service DPD to begin customer trials of the all-electric eTGX truck. The vehicle will be tested on a dedicated delivery route from DPD’s Hinckley Hub in the Midlands, the companies said on Wednesday. The eTGX, which will operate with a standard trailer configuration, is part of MAN Truck & Bus UK’s wider initiative to trial electric trucks under real-world conditions. As part of the collaboration, MAN is providing driver induction and training ahead of deployment. See also: MAN Trucks Expands EV Consultation Services to Support Fleet Electrification in Europe “We’re…

ZF introduced its latest electric central drive, the eCD110-230, at the Bauma trade fair in Munich, designed for medium to large construction equipment and marking the latest expansion of its eTRAC electric driveline portfolio. The new system, which supports power outputs up to 230 kW, is intended for integration into a wide range of construction vehicles. ZF said the modular nature of the eTRAC platform enables flexibility across different machinery classes, from compact loaders to heavy wheel loaders. “The eTRAC electric drive system satisfies all the expectations for performance and productivity found in traditional drivelines and combines them with the…

German automotive supplier Schaeffler introduced a new series of 800V heavy-duty electric motors tailored for electric and hybrid traction drives in construction machinery, aiming to combine high power output with manufacturing efficiency. Unveiled at the Bauma trade fair in Munich, the series includes three variants with peak outputs of 125 kW, 299 kW, and 315 kW. Each version is built with a modular design, maintaining consistent diameters while differing in rotor and stator lengths. The company said the motors are engineered for high torque and power-to-weight ratios of approximately five to seven kW/kg, with peak efficiencies exceeding 97% between 3,000…

Stellantis reported a 12% year-on-year decline in U.S. vehicle sales for the first quarter of 2025, delivering 293,225 units, down from the same period a year earlier. The downturn follows a 15% full-year sales drop in 2024 when the company sold 1.3 million vehicles in the United States. While overall volumes fell, Stellantis highlighted growth in select electrified models. Fiat, buoyed by the all-electric 500e, recorded a 239% increase in U.S. sales, rising to 522 vehicles from 154 in Q1 2024. Despite the percentage gain, the brand’s volume remained modest. See also: Stellantis to Buy CO2 Credits from Tesla in…

India’s central government is considering a phased ban on internal combustion engine (ICE) vehicles in Delhi and the surrounding National Capital Region (NCR), as part of a broader strategy to combat persistent air pollution, government officials told The Economic Times. The plan, still under discussion at the highest levels, would gradually phase out new petrol and diesel vehicle registrations in favor of electric, hybrid, and compressed natural gas (CNG) models. “The government is exploring the right timeline for implementing the ban,” the report said, citing sources familiar with the matter. The first phase could begin within the current financial year,…

Battery recycler Ecobat announced it now operates three fully commissioned lithium-ion battery recycling facilities across Germany, the United Kingdom, and the United States, enabling the company to process 10,000 tons of battery material annually. The company plans to more than double this capacity in the coming years. According to Ecobat, all three plants were brought online within 12 months, underscoring what the firm calls a rapid scale-up in response to growing volumes of end-of-life electric vehicle (EV) batteries. “Ecobat’s rapid expansion in lithium-ion battery recycling demonstrates our commitment to meeting the growing demand for sustainable, closed-loop production processes,” said Brett…

Skoda has introduced the Elroq vRS, the high-performance flagship of its Elroq electric SUV lineup, just six months after the initial world premiere of the model. The Czech automaker will showcase the sporty all-wheel-drive version during Milan Design Week, taking place from April 8 to 13. Equipped with two electric motors, the Elroq vRS delivers a system output of 250 kW, enabling the vehicle to accelerate from 0 to 100 km/h in 5.4 seconds, according to Skoda. The SUV uses a high-voltage battery with a gross capacity of 84 kWh (79 kWh net), providing a WLTP range of more than…

Ride1Up, the California-based electric bike manufacturer, has introduced the Vorsa, a high-performance e-bike designed for urban use with utility in mind. Featuring a 750 W rear hub motor and a top speed of 28 mph (45 kph), the Vorsa aims to serve commuters and cargo haulers alike. According to the company, the bike’s modular SUV-style frame can support up to 440 lbs (199.5 kg), making it one of the more heavy-duty options in its class. See also: Ride1Up Launches Revv1 DRT, a Redesigned Off-Road Electric Moped-Style Bike Equipped with a 720 Wh battery, the Vorsa offers a claimed range of…

Four of Europe’s largest electric vehicle (EV) charging companies announced on Wednesday that they have joined forces to create the continent’s largest public charging network. The new alliance, called Spark, includes Italy’s Atlante, Germany’s Ionity, the Netherlands’ Fastned, and France’s Electra. Together, they will share their networks, totaling 11,000 charging points and 1,700 charging stations across 25 European countries. See also: Study Reveals Fewer Charging Stations Needed for Europe’s Electric Trucks The new network is set to surpass the number of charging stations operated by Tesla in Europe. However, Quentin Wilson, a British motorist journalist and founder of the EV…