SEV automaker Sono Motors announced it has publicly filed a registration statement with the US Securities and Exchange Commission (SEC) for an initial public offering (IPO). If the IPO is approved, Sono Motors intends to list on the Nasdaq Global Market under ticker symbol “SEV.” Sono Motors is a German automaker founded in 2016 with the goal of creating innovative mobility services without…

Amsterdam-headquartered global auto manufacturer Stellantis and South Korean battery maker LG Energy Solution announced a joint venture on October 18 to produce battery cells and modules for North America. Now Stellantis has today announced yet another battery production partnership, with Samsung SDI. October 22 update: Stellantis today announced that it has entered into yet another memo of…

Tesla stock (TSLA) has reached a new all-time high, surpassing a market capitalization of $900 billion. Until somewhat recently, Tesla was a rare pure play in all-electric vehicles and sustainable energy on the public market. It attracted a lot of retail and institutional investors who bet that the company would be able to achieve volume production of its vehicles. The bet has paid off. Tesla…