EV maker Canoo unveiled its latest model, the “American Bulldog” electric pickup truck on Friday. Canoo says its new electric truck is “woven into the American spirit” with grit and innovation.
After settling a multiyear SEC investigation earlier this year, Canoo is ready to put the past behind it.
The struggling EV startup delivered vehicles to the US Army and NASA. It has also added…
Volvo is buying bankrupt Proterra’s battery business for $210M – here’s what that means
November 10, 2023
Volvo Group has won an auction for Proterra’s battery business with a bid of $210 million – here’s what that means for the EV industry.
Volvo Group buys Proterra Powered
By acquiring the Proterra Powered business unit, Gothenburg, Sweden-HQ’ed Volvo Group is…
Renault hopes to chase down Tesla with EV unit Ampere
November 10, 2023
In a big hopeful move to catch up to Tesla and Chinese manufacturers, French automaker Renault has officially separated its newly formed EV unit Ampere from the rest of the business. The company has announced its executive team, launched a new logo, and set up some highly…
NIO slightly backtracks plans to enter North America by 2025, will seek 'any kind of partnerships'
November 10, 2023
Less than a week after NIO USA’s CEO shared intentions for the Chinese automaker to enter North America by mid-decade, he has spoke again saying the company is still actually “debating” market entry. NIO EVs coming to the US still feels imminent, but the executive relayed that the automaker will need plenty of help to do so, adding uncertainty to that 2025 timeline.
NIO ($NIO) remains one…
GM's Cadillac and Buick are first to gain access to Tesla's EV charging network in China
November 10, 2023
SAIC-GM, the company’s joint venture in China, announced a partnership with Tesla to gain access to its EV charging network. GM’s joint venture becomes the first domestic company to collaborate with Tesla in the region.
Starting at the end of this year, Cadillac and…
To grossly oversimplify the e-bike market in the US, there are two types of electric bikes: those with hand throttles and those without. Traditional higher-end bike shop brands have long eschewed throttle-enable electric bikes, opting instead for pedal assist designs that…
ZEEKR files for US IPO, shares first exterior images of its 007 sedan ahead of pre-orders
November 10, 2023
Lots of news out of China today, as Geely-owned EV brand ZEEKR has officially put the wheels in motion to go public on the New York Stock Exchange. Additionally, ZEEKR is also offering the public the best look at its first ever sedan – the 007 – following exterior images shared below.
Less than a week ago, we caught news that ZEEKR would soon be debuting its fourth EV model and first-ever…
We just got our closest look yet at Honda’s latest electric scooter, the Honda SC e:, at the 2023 EICMA Milan Motorcycle Show. There, the company showed off the new design and confirmed it will be heading for mass production.
Don’t get too excited about riding one…
House Approves Amendment to Limit SEC's Crypto Enforcement Authority – Regulation Bitcoin News
November 10, 2023
The U.S. House of Representatives has approved an amendment to the Financial Services and General Government Appropriations Act that limits the authority of the U.S. Securities and Exchange Commission (SEC) to carry out enforcement actions against the crypto industry.
Ripple Expands Payments Network to 70+ Crypto and Traditional Payout Markets – Finance Bitcoin News
November 10, 2023
Ripple has expanded its payments network to more than 70 crypto and traditional payout markets. “Accumulatively this adds up to 90% of the global foreign exchange market,” the company explained, highlighting that the Ripple network has facilitated over $30 billion in payment volume to date.
Latest Iteration of Ripple’s Payments Solution
Ripple announced at its annual Swell Conference in…
