China’s largest automaker, BYD, is set to take on Toyota on its home turf. BYD launched the all-electric Dolphin hatchback starting at ¥3.63 million ($24,570) in Japan Wednesday as it looks to take on Toyota head-on.
The Chinese automaker introduced the Dolphin EV at a launch event in Tokyo on Wednesday. Powered by a 70 kWh battery, the base model provides a range of 250 miles (400 km).
The…
Ryder deploys first of 4,000 BrightDrop electric vans into its rental fleet across these 4 cities
September 20, 2023
Close to six months after announcing a massive order from GM’s BrightDrop, logistics and vehicle rental specialist Ryder is deploying its first batch of electric vans across the US. The deployment kicks off Ryder’s process in adding 4,000 BrightDrop EVs to its fleet over…
Tesla has added a Model 3 Performance sweepstakes to its referral program in order to boost incentives at the end of the quarter.
After relaunching its owner’s referral program earlier this year, Tesla has been gradually updating it.
Referrers and buyers earn credits…
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…
