The 2022 Polestar 2 is more appealing, affordable and repairable

When Polestar launched its first all-electric vehicle last year, it came in a single flavor: a dual-motor, all-wheel-drive configuration that cost around $50,000 before incentives. Next year, the automaker is adding some variety. Polestar is rolling out a more affordable, single-motor, two-wheel-drive version of the sedan that still offers many of the features of the dual-motor […]

Uber to shutter most of its service in Belgium tomorrow after court ruling

Uber will halt its ride-hailing service in most of Belgium tomorrow following a court ruling Wednesday that extends a 2015 order banning its p2p UberPop service to also cover professional drivers providing its ride-hailing service. Uber told us that it is studying the detail of the ruling to decide whether to appeal the decision with […]

Ionity lands €700 million investment from BlackRock, automakers to expand EV fast-charging network

Ionity, an electric vehicle fast-charging charging network provider whose owners include Daimler AG and Volkswagen Group, has scored a €700 million ($783 million) investment from BlackRock Global and existing shareholders to expand its footprint across Europe. The company, which was founded in 2017, installs ultra-high-speed EV charging stations. It was launched as a joint venture […]

Arc hooks another $30M in investment as EV interest spills over into electric boats

Arc is not even a year old and the electric boat startup has attracted investment from top VC firm Andreessen Horowitz, entertainment industry big wigs and now a $30 million raise led by an early Tesla executive who led the automaker’s early manufacturing efforts. The $30 million Series A was led by Greg Reichow, the […]

GM acquires 25% stake in electric boat company Pure Watercraft

General Motors has taken a 25% stake in Seattle-based electric boating company Pure Watercraft. GM’s move reflects a broadening interest in all things EV, including boats and other vehicles, and comes as part of the automaker’s commitment to invest $35 billion in electric and autonomous technology through 2025. Pure Watercraft makes all-electric outboard motor systems, […]