Volkswagen CEO Olivier Blume faced a huge booing crowd in Germany today, telling tens of thousands of workers that the company isn’t operating in “a fantasy world” and that plants will be closing and jobs will be lost. Here’s the latest.
On Monday, a hundred thousand workers walked off at nine Volkswagen factories across Germany, including its EV-only factory, bringing assembly lines to a…
GM braces for a $5 billion hit as it fights to keep up in China's intensifying EV price war
December 6, 2024
As it struggles to keep up with low-cost rivals like BYD, GM expects to suffer a $5 billion blow to its business in China. The multi-billion hit comes as GM rapidly loses market share in the world’s largest EV market.
GM sees $5 billion impact from restructuring in…
Tesla shuts down rumors of Cybertruck coming to China
December 6, 2024
Tesla has shut down rumors that it is bringing its Cybertruck to China anytime soon, as production in the US appears to be throttling down.
We reported earlier this week that Tesla has told employees working on the Cybertruck production line at Gigafactory Texas to take a…
The European Commission is throwing a lifeline to its emerging EV battery sector with a hefty boost of €1 billion ($1,05b). But companies relying on Chinese materials are likely to be cut out. Question is, is it too late to save Northvolt?
The new proposal is one of the first new measures to be launched in the first week of the EU Commission’s new term, and is part of a sweeping package of…
If you’ve been hoping to snag a new Rad Power Bike electric bicycle for a discount – and if you happen to have another older e-bike to trade in – Upway has a deal for you. The electric bicycle marketplace known for selling used and overstock e-bikes at steep discounts…
Electrogenic is giving Mazda Miata fans an EV version with its 'Plug-and-Play' conversion kit
December 5, 2024
Mazda Miata fans rejoice! EV conversion specialist Electrogenic has introduced a new “plug-and-play” conversion kit for the Mazda MX-5 that makes the original model all-electric. This EV conversion kit keeps the soul of the beloved Mazda Miata, but adds more performance…
E-quipment highlight: Palfinger FLS 25 eDRIVE truck mounted forklift
November 26, 2024
The material handling experts at PALFINGER have released the FLS 25 eDRIVE – an all-electric, truck mounted forklift that the company says is perfect for construction engineers, motorcycle powersports dealers, and LTL logistics fleets.
From its North American headquarters in Illinois, PALFINGER offers a number of truck-mounted forklifts in various configurations (side-seat or center-seat…
Tesla jumped the gun, Nissan drivers will have to wait a bit for Supercharger access
November 26, 2024
It sounds like Tesla jumped the gun when announcing that Nissan drivers now have access to the Supercharger network in North America. They will have to wait a bit.
Yesterday, we reported that Tesla added Nissan to the list of automakers with EVs capable of using the…
Northvolt files for bankruptcy, CEO quits
November 26, 2024
Europe’s “green dream” Northvolt has filed for bankruptcy protection in the US after a rescue package failed to go through, leaving the battery maker with just one week’s worth of cash in the account. Cofounder and CEO Peter Carlsson, who spearheaded a costly…
NIO shares details of its third brand, 'Firefly,' and its first EV, ahead of a full launch next month
November 22, 2024
NIO executives shared details of the Chinese automaker’s third EV brand, Firefly, as well as what the new marque will call its first model. The news comes about one month before Firefly officially launches in China during its parent company’s 10th annual NIO Day event.
Firefly is a new affordable boutique EV brand spun out by Chinese automaker NIO. We’ve been awaiting the marque’s official…
