Taiwan-based electric scooter company and battery swapping network Gogoro has officially gone public, listing this morning on the Nasdaq exchange.
Gogoro goes public
The move follows an announcement of Gogoro’s Nasdaq ambitions made in Q3 of 2021.
Gogoro officially merged with Poema Global yesterday in a SPAC deal, with the combined company now operating as Gogoro Inc.
Starting at market open…
Elon Musk joins Twitter’s board, but it caps his ownership of the social media to 15% to avoid hostile takeover
April 5, 2022
Twitter announced today that Tesla CEO Elon Musk will be joining its board of directors after he bought over 9% of the company and became its largest shareholder.
However, Musk’s board participation comes with a stipulation that he can’t own more than 14.9% of the…
VanMoof unveils next-gen electric bikes, including novel-sized A5 with new angled frame
April 5, 2022
VanMoof’s new 5-Series electric bikes just launched today, following a teaser released last month that provided a few clues to the coming updates. The new VanMoof S5 and VanMoof A5 electric bikes are described by the company as the “most easy and accessible to ride…
Portugal’s new Socialist Party-majority government has moved its target of reaching 80% clean energy in electricity production forward to 2026, four years earlier than previously planned.
Portugal’s new clean energy target
Members of Portugal’s center-left Socialist Party captured 120 seats in the 230-seat parliament in a landslide election in January. The new government was sworn into…
We have seen many automakers benchmark and reverse-engineer Tesla vehicles, but rarely the other way around. Tesla was spotted testing a Lucid Air – which has over 500 miles of range – on its test track at Fremont factory.
Lucid and Tesla have a long, tumultuous…
NASA contracts Canoo to build EVs that will transport astronauts to launchpad for Artemis missions
April 5, 2022
The National Aeronautics and Space Administration (NASA) announced it has chosen EV startup Canoo to provide zero-emission EVs to transport its crew to the launchpad for NASA’s upcoming Artemis missions to the Moon. Canoo will soon join the likes of Tesla and Rivian as EV…
Sono Motors and Valmet Automotive sign terms to manufacture Sion SEVs in Finland, but will hike prices again
April 5, 2022
Sono Motors announced it has signed a term sheet with contract manufacturer, Valmet Automotive, to produce the latter’s Sion solar electric vehicle (SEV) in Finland beginning in 2023. Due to increased manufacturing costs and a need for additional funding, the Sion SEV will soon see a second price increase in less than six months.
Sono Motors is a German automotive startup founded in 2016 that…
Lime urges people to ‘Break Up With Cars’ in new campaign, offers rewards for ditching cars
April 5, 2022
The world’s leading shared micromobility company, Lime, has just launched a month-long campaign under the tagline ‘Break Up With Cars.’
If you’ve been wondering whether a car may be more harm than good for you (and for your city), then Lime is trying to incentivize…
The House Oversight Committee held a 3.5-hour long hearing today on USPS’ contract to buy tens of thousands of gas guzzling trucks from Oshkosh Defense to replace its aging delivery fleet.
At issue is the USPS’ current order of 50,000 “Next Generation Delivery…
Lexus unveils new pictures of its first all-electric car and it has a yoke steering wheel
April 5, 2022
Lexus is about to unveil its first all-electric vehicle, the Lexus RZ 450e, later this month, and it has started teasing it with new pictures.
It is expected to be based on the Toyota BZ4x and features a yoke steering wheel.
After falling behind in bringing battery-electric vehicles to markets due to a focus on hybrids and fuel cell hydrogen, Toyota finally announced an updated plan to launch…
