After an expected delay in the UK’s target to ban new ICE vehicle sales, Ford says prolonging it any further will risk the country’s transition.
Ford says UK 2030 ICE car ban delay will be a mistake
“Our business needs three things from the UK government: ambition, commitment, and consistency,” Lisa Brankin, Ford UK’s managing director, said in a statement Wednesday.
Brankin added…
Tesla and Elon Musk are reportedly under a federal probe over perks and transactions between the company, the CEO, and other companies under Musk’s control.
Last month, it was reported that a federal investigation by the DOJ was launched around reports that Elon Musk…
Moots launches premium 'adventure-ready' e-bike that you probably can't tell is electric
September 20, 2023
Moots is known for its premium, hand-built bikes that focus on a high level of craftsmanship designed for dedicated riders. Now the company is bringing that same level of professionalism to its first e-bike, the Moots Express – although you probably wouldn’t realize the…
NIO stock sinks after $1 billion planned convertible debt offering
September 19, 2023
Up-and-coming Chinese EV maker NIO’s stock is falling after announcing a proposed total of $1 billion in convertible senior notes on Monday.
NIO revealed in an SEC filing it plans to issue two batches of $500 million notes, convertible to American depository shares (ADS) with long-dated maturities in 2029 and 2030.
The EV maker plans to use the funds to “further strengthen its balance sheet as…
In a 'bone-headed' move, the UK to roll back gas car phase-out and other net zero policies
September 19, 2023
British Prime Minister Rishi Sunak is considering weakening the UK’s commitments to net zero in a bombshell policy shift.
The UK’s gas car phase-out rollback
Sunak is preparing to present the rollbacks in a speech he’s expected to deliver in days. Downing Street…
Redwood Materials expands presence in Europe, acquiring its leading Li-ion battery recycler
September 19, 2023
Less than two years after sharing expansion plans for Europe, US-based battery recycling specialist Redwood Materials is adding Germany to its map of locations. Today, the company announced the acquisition of Redux Recycling GmbH – the leading lithium ion battery recycler…
Graphite made from wood chips may soon be in your EV battery
September 19, 2023
A New Zealand-based startup just got $18 million to commercialize graphite made of wood chips for EV batteries in Europe and the US.
Graphite made of wood chips and sawdust
Swedish-Finnish renewable forestry giant Stora Enso, Hong Kong-based battery maker Amperex Technology (ATL), and other partners are investing in CarbonScape, which uses forestry and timber industry byproducts such as wood…
Segway SuperScooter GT1 lands at new $1,500 low, Sun Joe electric pressure washer $87, more
September 19, 2023
The best price ever is now available on the Segway SuperScooter GT1 at $1,500. Now live with $1,300 in savings attached, you’ll also be able to lock-in a new low on . We also have some , but if those don’t fit your EV needs we’re also tracking a massive list of other…
Kia EV4 test drive spotted in the US, will it be the electric successor to the Soul?
September 19, 2023
A new Kia electric crossover was spotted testing in the US, which appears to be the upcoming EV4. The EV4 is expected to be Kia’s entry-level subcompact electric crossover with starting prices under $30,000.
Kia’s EV4 electric car spotted testing ahead of debut
Kia…
Marriott taps EV Connect as charger provider, countering Hilton’s recent alliance with Tesla
September 19, 2023
Hospitality group Marriott International has announced an agreement with charging services provider EV Connect to implement and manage chargers across thousands of hotels in the US and Canada. The news comes weeks after Hilton Hotels announced a similar agreement with Tesla.
Marriott International is a hotel group consisting of 31 different brands that make up over 8,500 properties across 139…
