Elon Musk mused that Tesla’s batteries may eventually be two-thirds iron-based and one-third nickel-based across its products. ‘And this is actually good because there’s plenty of iron in the world.’
Redwood Materials raises $700M to expand its battery recycling operation
The company’s post-funding valuation is $3.7 billion, according to a source familiar with the investment round.
UK Government Backs Scheme For Motorway Cables To Power Lorries
An anonymous reader quotes a report from The Guardian: The government will fund the design of a scheme to install overhead electric cables to power electric lorries on a motorway near Scunthorpe, as part of a series of studies on how to decarbonize roa…
Joby Aviation, aiming to go to market in 2024, completes 154 mile test flight
Santa Cruz, California-based Joby Aviation has completed the longest test flight of an eVTOL to date, as its unnamed full-sized prototype aircraft concluded a trip of over 150 miles on a single charge, the company said Monday. The test was completed at Joby’s Electric Flight Base in Big Sur, California earlier this month. It’s the […]
Onto raises $175 million in Series B to expand EV subscription service in the UK
Onto has raised $175 million in a combined equity and debt Series B round, capital the U.K.-based electric vehicle subscription startup plans to use to expand within the country as well as move into new markets. This latest round brings Onto’s total funding to $245 million. Swedish VC Alfvén & Didrikson is leading the round […]
Moovit integrates Lime electric scooters, bikes, mopeds into transit planning app
As of next week, Lime’s vehicles will be included as a travel option in tandem with public transit for either all or part of a multimodal journey on the Israeli app.
Tesla delays Semi truck to 2022; Cybertruck back-burnered for Model Y
Tesla CEO Elon Musk has warned about battery supply constraints before and the effect it might have on the Tesla Semi. That warning was apparently warranted.
Polestar to double its retail stores as it seeks to ramp up EV sales
Polestar plans to launch in nine more markets this year, doubling its global presence as it seeks to sell more of its electric sedans.
Lucid Motors kicks off market debut with EV factory expansion plans
The former Lucid Motors will expand its factory in Casa Grande, Arizona, by 2.7 million square feet and aims to ultimately produce 400,000 vehicles a year.
Toyota Led on Clean Cars. Now Critics Say It Works To Delay Them.
Toyota bet on hydrogen power, but as the world moves toward electric the company is fighting climate regulations in an apparent effort to buy time. From a report: The Toyota Prius hybrid was a milestone in the history of clean cars, attracting millions…