Author: Ryan Fisher

Renault, in collaboration with Munich-based technology company The Mobility House, has launched vehicle-to-grid (V2G) charging in France, starting with the Renault 5. This innovative feature allows electric vehicles (EVs) to feed power back into the grid, enabling owners to earn money by selling excess energy. The V2G function is expected to be introduced in the UK in 2025, with Germany to follow, despite regulatory hurdles that have delayed the rollout there. The V2G technology, developed by Renault’s subsidiary Mobilize and The Mobility House, allows EV batteries to be integrated into the electricity grid. The Renault 5 and Alpine A290 models,…

Wallbox Group has reached a significant milestone, surpassing one million electric vehicle (EV) chargers sold globally by the end of the second quarter of 2024. This achievement includes sales from ABL, reflecting the effectiveness of Wallbox’s expanding product range. Recent additions to their lineup include the ABL EM4 charger, the Supernova 180, and the Pulsar Pro chargers, all launched in North America. CEO Enric Asuncion emphasized the company’s dedication to facilitating the transition to electric mobility through high-quality charging solutions. He expressed pride in Wallbox’s accomplishment and reiterated the company’s commitment to supporting electric mobility. Wallbox remains a leader in…

UK-based start-up IONETIC has introduced a groundbreaking software-accelerated system, Arc, which promises to deliver significant savings in electric vehicle (EV) battery pack development costs while halving the time-to-market for custom battery packs. The Arc system uses AI to automate the design process, integrating pre-validated components to streamline production. The system is designed to cut the typical £30 million investment and four-year development cycle required for bespoke EV battery packs from tier 1 suppliers. By doing so, it offers an end-to-end solution that reduces both costs and risks, helping original equipment manufacturers (OEMs) bring competitive electrified vehicles to market faster. “As…

Lucid Group CEO Peter Rawlinson stated on Monday that the company’s recent stock sale, which raised about $1.75 billion, will provide the electric vehicle maker with enough cash to support operations well into 2026. Speaking at the Reuters Next event, Rawlinson emphasized that the capital infusion is crucial for Lucid’s long-term future as it ramps up production of its upcoming Gravity SUV. Lucid had initially forecast raising $1.67 billion from the offering but announced that it had exceeded expectations by securing nearly $1.75 billion. The company noted that its major expenses are focused on long-term investments, including the expansion of…

Indonesia plans to export nickel-based materials essential for electric vehicle batteries to the United States, with the shipment expected to commence next month. Energy Minister Bahlil Lahadalia announced that the material, referred to as EV battery precursor, will be supplied to U.S. electric car manufacturer Tesla. However, specific details regarding the volume of the export were not disclosed. “We will export precursor to the U.S. by next month to Tesla, from Weda Bay,” Bahlil stated. This move marks a significant step in Indonesia’s efforts to strengthen its electric vehicle industry. Previously, Indonesia had reported successful exports of EV precursors to…

Iveco Bus has announced plans to integrate the production of its electric models, the Heuliez GX Elec and the Iveco E-Way, into its Annonay plant in France this year. Previously, these models were manufactured exclusively at the Rorthais site, also located in France. The company will also produce the new E-Way-H2 fuel cell model at the Annonay facility, signaling a significant expansion of its electric and hydrogen bus production capabilities. Domenico Nucera, President of Iveco Bus and the ACEA Bus and Coach Division, made the announcement during an event on Europe’s industrial strategy in Strasbourg. “Iveco Bus will electrify its…

Vianode has officially inaugurated its first fully operational anode graphite production facility, named ‘Via ONE,’ in Herøya, Norway. Once fully operational, the plant will boast an annual capacity of 2,000 tonnes, sufficient to supply materials for approximately 30,000 electric vehicles. The newly established plant features four advanced full-size furnaces specifically designed for producing synthetic anode graphite, a vital component in the manufacturing of lithium-ion batteries. The facility is expected to create over 100 jobs, contributing to the local economy while supporting Vianode’s ambitious plans for growth. According to company statements, ‘Via ONE’ is integral to Vianode’s multi-billion USD investment program…

Lucid Group announced on Wednesday it expects to report a larger-than-anticipated loss for the third quarter and revealed plans for a public offering of more than 262 million shares. The announcement sent Lucid’s stock down by 12% in after-hours trading. In addition to the offering, Saudi Arabia’s Public Investment Fund (PIF), Lucid’s largest shareholder, confirmed it will purchase 374.7 million shares of the company. Despite the new investment, PIF aims to maintain its nearly 59% ownership stake in the electric vehicle (EV) startup. Lucid plans to use proceeds from the share offering and the private placement by PIF to fund…

Citroen has announced an update for its charming electric vehicle, the Ami, which has captured the attention of over 65,000 customers since its launch in 2020. The quirky, Lego-like design of the Ami is receiving a fresh look and features a playful nod to the iconic Citroen 2CV with its mid-lifecycle update for 2025. Unveiled at the Paris Motor Show 2024, the updated Ami showcases significant aesthetic enhancements alongside the introduction of the Ami Buggy Vision concept. The new model sports a reworked front and rear design, including larger lighting units, sturdier bumpers, and the newly redesigned Citroen logo. The…

California-based Reyes Beverage Group (RBG) has taken delivery of 20 new Freightliner eCascadia battery-electric trucks from Daimler Truck North America, with an additional nine units expected by the end of the year. The company is working towards transitioning its entire fleet to zero-emission vehicles by 2039. The first batch of Class 8 electric trucks will be based at RBG’s Huntington Beach warehouse in Orange County, with the additional units to be deployed at their San Bernardino facility. These electric trucks will be charged at their respective locations. RBG’s eCascadia trucks are expected to have a driving range of 220 miles…

Nio has taken a significant step towards launching its executive flagship sedan, the ET9, by completing a crucial regulatory filing. China’s Ministry of Industry and Information Technology (MIIT) included the Nio ET9 in its latest catalog of models, open for public comment from October 16 to 22, 2024. Entry into this catalog is the final regulatory requirement before a model can be officially sold in China. The ET9, manufactured at Nio’s F2 plant in NeoPark, Hefei, measures 5,325 mm in length, 2,017 mm in width, and 1,621 mm in height, with a wheelbase of 3,250 mm. The sedan weighs 2,700…

BMW’s CEO, Oliver Zipse, has called on European regulators to cancel the planned 2035 ban on new fossil fuel-emitting cars, arguing that the shift toward 100% battery-electric vehicles (BEVs) increases reliance on China’s battery supply chain. Speaking at the Paris Motor Show on Tuesday, Zipse emphasized the need for Europe to embrace a broader range of technologies, including e-fuels, biofuels, and hydrogen fuel cells, to maintain its competitive edge and reduce dependency on a single energy solution. “The mood in Europe is trending towards pessimism,” Zipse said, urging policymakers to implement a more flexible regulatory framework that allows automakers to…