Author: Casper Benedict

Luxury carmaker Aston Martin has announced a forthcoming partnership with Lucid Group, a leading American luxury electric vehicle (EV) manufacturer. The collaboration aims to develop and produce state-of-the-art electric vehicles, representing Aston Martin’s entry into the evolving electric car market. Under the agreement, Lucid will supply Aston Martin with select powertrain components for their upcoming battery-electric vehicle (BEV) models. In exchange, Aston Martin will issue approximately 28.4 million new ordinary shares and provide phased cash payments totaling around $232 million to Lucid. This arrangement will make Lucid a 3.7% shareholder in Aston Martin. See also: Aston Martin announces partnership with…

Chinese new energy vehicle (NEV) giant BYD has joined forces with Australian partner EV Direct to introduce their newest electric vehicle (EV), the Dolphin, in Australia. The Dolphin was officially launched at a special event on June 22, as stated in a press release by BYD. This move signifies BYD’s commitment to expanding its presence in the Australian market and promoting a sustainable future. The Dolphin is available in three versions in Australia, each with different starting prices. The entry-level model starts at A$38,890 ($26,000), while the higher-spec versions are priced at A$44,890 and A$49,990 respectively. In China, the Dolphin…

Seres Group, a partner of Huawei in the automotive industry, has commenced the delivery of vehicles in Europe. Recently, on June 21, Seres successfully handed over Seres 5 vehicles to their first European owners in Bergen, Norway. This announcement was made by the company, which is headquartered in Chongqing, China, on June 23. In contrast to Nio, another Chinese electric vehicle (EV) manufacturer that directly sells its vehicles abroad, Seres collaborated with a local dealer called Sandven AS to carry out the initial deliveries in Norway. Sandven AS, working alongside Seres, aims to introduce a broader range of new energy…

In a major move to enhance its electric vehicle (EV) offerings, Ford has substantially increased its stock of Mustang Mach-E vehicles. The automaker signed a groundbreaking deal with Tesla’s CEO, Elon Musk, granting its customers access to Tesla’s extensive network of charging stations. This groundbreaking collaboration was reported by S&P Global Mobility. Ford made the announcement in May, revealing that its customers would soon have access to over 12,000 Tesla Superchargers, starting from the following spring. In addition, Ford pledged to incorporate Tesla’s unique charging technology into its own lineup of EVs. According to an analysis by S&P Global Mobility…

After much anticipation, Fisker has finally commenced the delivery of its highly awaited Fisker Ocean electric SUV to customers in the United States. The initial shipment of 22 units, known as the Ocean One, was recently delivered at Fisker’s facility in Los Angeles. These vehicles made their way to the US from Fisker’s manufacturing plant in Austria, operated by Magna Steyr. In an official statement celebrating the milestone, Fisker expressed gratitude to its customers for their patience during an extended certification period earlier this year. The company is delighted to begin rewarding their patience by initiating the deliveries. We’re grateful…

Porsche is embarking on a remarkable journey towards becoming a fully electric sports car brand. As part of this ambitious transition, the company has announced the establishment of a groundbreaking software-centric division at its Nardò Technical Center in Italy. This strategic move aims to leverage the nearby pool of software experts and engineers, heralding a new era of digitalization that will enable advanced automated driving and other cutting-edge functionalities in future electric vehicles (EVs). The Nardò Technical Center (NTC), founded in 1975, spans an impressive 700 hectares of land in Puglia, Italy, and is currently home to over 20 state-of-the-art…

Lithium producers worldwide are expressing growing apprehension regarding potential setbacks in mine permitting, staffing shortages, and inflation, which could impede their ability to meet the aggressive timelines for supplying the crucial battery metal required for global electrification efforts. Once considered a niche metal primarily used in ceramics and pharmaceuticals, lithium has now become one of the most sought-after metals globally due to the ambitious electric vehicle (EV) plans put forth by major automakers such as Stellantis and Ford. The speed at which electric vehicles can replace internal combustion engines, a pivotal objective of the green energy transition, hangs in the…

Lordstown Motors’ Founder and former CEO, Stephen Burns, has recently made headlines with the complete sale of his ownership in the electric-vehicle manufacturer. A regulatory filing confirmed the divestment, revealing that Burns conducted three separate transactions between May and June. Prior to the reverse stock split implemented by the company in May, Burns sold approximately 581,000 shares, followed by the sale of 791,572 shares post-split. Lordstown Motors, currently facing financial challenges, has refrained from providing any comments on the stake sale. This development comes after Lordstown Motors initiated a reverse stock split to meet Nasdaq’s requirement of maintaining a minimum…

The British classifieds website AutoTrader has named the Tesla Model Y as the “Best Car for Families 2023.” AutoTrader praised the electric crossover for its ability to build upon the successful features of the smaller Model 3, making it an excellent choice for families. Additionally, Tesla received recognition for having the best technology among car brands. AutoTrader highlighted several key features of the Model Y that contributed to its award. The car’s minimalist cabin, impressive central touchscreen, impressive battery range, and effortless acceleration were among the factors that impressed the judges. Furthermore, the increased load capacity of the trunk, extra…

Basquevolt, a cutting-edge technology company specializing in solid-state batteries, announced significant progress in the development of their revolutionary battery cells. The company’s research and development center is on track to produce the first batch of 20 Ah cells suitable for electric vehicles by the end of this year. Having conducted extensive testing since April of last year, Basquevolt has demonstrated the remarkable capabilities of its multi-layer cells. Their groundbreaking technology has achieved an impressive energy density of 1,000 Wh/l or 450 Wh/kg, while simultaneously reducing the overall cost of battery packs. Basquevolt envisions a potential cost reduction of 30 percent…

American electric vehicle (EV) manufacturer Rivian Automotive has announced its adoption of the North American Charging Standard (NACS), originally developed by rival Tesla. Rivian joins a growing list of automakers embracing this charging standard. In recent weeks, the term “NACS” has gained popularity as Tesla’s plug has rapidly transitioned from a proprietary component to the accepted North American standard. Tesla renamed its Charging Connector the North American Charging Standard when it opened its Supercharger network to non-Tesla EVs, paving the way for other automakers to follow suit. Although the SAE combo (CCS Type 1) has long been considered the prevailing…

A remarkable sight unfolded at the Shanghai South Port in Shanghai as a drone flyover captured an immense fleet of Tesla Model Y and Model 3 electric vehicles (EVs) awaiting their journey to North America. The footage, which was recently published on the Wu Wa YouTube channel, revealed over 3,000 cars neatly parked at the port, raising speculation about their destination. According to the video’s description, the vehicles were marked with a distinctive “CA” insignia, presumably indicating their intended arrival in Canada. Tesla has recently commenced importing vehicles from China to Canada, prioritizing American-made EVs for the United States market.…