Musk sells $6.9bn worth Tesla shares ahead of legal battle with Twitter
The American billionaire revealed that the sale of the shares was required to prevent an emergency sale of…
Electric Vehicles
Baidu gets permits to offer commercial robotaxi services in two Chinese cities
08 Aug 22The government agencies in Wuhan and Chongqing’s Yongchuan District have permitted the Chinese internet company to charge fares…
AMD, ECARX to partner on digital cockpit computing platform for EVs
05 Aug 22The ECARX digital cockpit will be powered by AMD Ryzen Embedded V2000 processors and AMD Radeon RX 6000…
German urban EV manufacturer e.GO to go public in $913m SPAC deal
01 Aug 22The proceeds from the deal will give growth capital to e.GO to boost its production, which includes expansion…
Britishvolt gets UK govt’s final grant offer for £3.8bn battery gigafactory
29 Jul 22The government funding will come from the UK Advanced Propulsion Centre’s £850m Automotive Transformation Fund
GM, Pilot to build EVgo eXtend-powered EV fast charging network in US
15 Jul 22The fast charging network will be open to all the EV brands at up to 500 Pilot and…
Panasonic to build $4bn lithium-ion battery facility in Kansas
14 Jul 22The proposed EV battery manufacturing plant is being backed by incentives under Kansas’ APEX programme
Volkswagen breaks ground on €2bn gigafactory in Salzgitter, Germany
08 Jul 22The Salzgitter plant, which is expected to reach an annual capacity of 40GWh to power nearly 500,000 electric…
Volkswagen, Siemens to invest $450m in EV charging network Electrify America
29 Jun 22The investments are expected to help Electrify America boost its growth plans through technological advancements in charging and…
GAC Honda breaks ground on $520m EV production plant in China
22 Jun 22Expected to become operational in 2024, the plant will produce 120,000 EVs per year