Cleantech & EV’s

Lucid Group has announced a new agreement with long-time supporter Saudi Arabia and its Ministry of Finance. Under the terms of the agreement, the Government of Saudi Arabia has committed to purchasing 50,000 EVs from Lucid Motors over the next ten years, with the option to purchase an additional 50k over that same timeframe. Lucid Motors is an American automaker whose EV production is just…

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Blink Charging announced that its European subsidiary, Blink Holdings BV, has acquired Electric Blue Ltd. better known as EB Charging based in the UK. In addition to Blink’s first entry into the UK, the acquisition marks Blink’s global expansion which now includes over eighteen countries. Blink Charging Co. ($BLNK) is an EV charging network operating over 30,000 ports across the globe. In…

Two years after launching its Battery-as-a-Service (BaaS) model, NIO has amended its program to allow those customers enrolled in battery swaps to opt out and purchase their EV battery. NIO states that its decision is based off feedback from consumers who regret their BaaS enrollment, but explains this group remains relatively small. NIO ($NIO) is an EV automaker founded in China in 2014 that…