GM’s troubled Chevrolet Bolt and Bolt EUV models have been out of production for months, and more and more evidence points to the fact that Bolt production at GM’s Orion plant, if it ever does restart, won’t last long.
GM revealed a $7 billion plan to take the EV fight to Ford and Tesla yesterday, announcing plans to overhaul its EV and battery cell production lines, create new jobs, and…
Europe’s largest grid-connected battery storage facilities will be set up in Scotland
January 26, 2022
Toronto-headquartered global energy transition platform Amp Energy is going to build what will be known as the Scottish Green Battery Complex. They will be the two largest grid-connected battery storage facilities in Europe.
UnderstandSolar is a free service that links…
Baidu’s autonomous EV marque JIDU garners $400 million Series A funding round to support ‘Robocar’ launch in 2023
January 26, 2022
Intelligent EV startup JIDU announced a closed round of Series A funding that raised nearly $400 million dollars. The financing was led by JIDU’s parent company Baidu Group, and its business partner Zhejiang Geely Holding Group – the largest auto manufacturer in China.
This hydrogen-powered racer is set to take on Porsches and Lambos, but what’s the point?
January 26, 2022
Students at TU Delft presented hydrogen fuel cell powered prototype with its top speed of more than 300 kph, the “Forze IX” is set to compete against ICE Porsches and Lamborghinis in an endurance race on the Zandvoort circuit in the Netherlands. But, win or lose – will it matter?
Before we answer that burning, “Y tho?” question, let’s give these TU Delft students a victory lap for what…
Ola Electric is known for its low-cost and high-performance electric scooters, but the company has previously teased the idea of adding two more wheels and producing full-size electric cars. Now we’re getting a better idea of what an Ola electric car might look…
Tesla (TSLA) Q4 2021 earnings preview: Here’s what to expect
January 26, 2022
Tesla (TSLA) is set to announce its fourth-quarter and full-year 2021 financial results tomorrow, January 26, after the markets close. As usual, a conference call and Q&A with Tesla’s management is scheduled after the results.
This time things should be a bit…
E1 racing CEO and co-founder Rodi Basso was kind enough to spend some time talking with us last week to talk about E1, Formula cars, Mercury Marine electric power, and what the future of high-speed boating might look like.
Rodi Basso is a smart, smart guy. He did his thesis at NASA and was eventually hired on as a consultant to help finish his thesis work on a recently declassified FPGA…
Famous as a major iPhone assembler and would-be electric carmaker, Foxconn chairman Young Liu said on Sunday that electric pickup trucks will begin rolling out of the Lordstown, Ohio plant in the second half of this year.
In an interview with Nikkei Asia about the…
British government invests £32M in floating offshore wind to cut natural gas dependency
January 26, 2022
The British government today announced that it will provide £31.6 million ($42.5 million) to fund the development of floating offshore wind projects in order to reduce the UK’s dependency on increasingly expensive natural gas.
UnderstandSolar is a free service that…
GM and LG Energy Solution, through their Ultium partnership, announced a giant new 50 GWh battery cell factory coming to Lansing, Michigan in the US.
It’s going to be the third Ultium battery factory to support GM’s EV ambitions.
At Electrek, we always say that if you want to gauge how serious an automaker is about electric vehicles, you have to look at their effort to secure large supplies…
