Electric Mobility News
Exclusive: Classic Legends To Revive Yezdi Brand With An All-Electric Motorcycle
Classic Legends, a subsidiary of the Mahindra Group, is said to be working on an electric motorcycle that will mark the resurrection of the iconic Yezdi brand. We bring you exclusive details.
Tesla To soon Finalise The Location For Its New $1.1 Billion Vehicle Assembly Plant
Jul 14, 2020 09:37 PM
Tulsa, Oklahoma, is an oil-industry town with a 75-foot (23 m) statue called "The Golden Driller." Austin, Texas, is a progressive city in a conservative state with a thriving software industry and a "Keep Austin Weird" counterculture image. These two very different towns have one thing in common: They are both on the short list to land a $1.1 billion vehicle assembly plant for Tesla Inc - and up to 20,000 new jobs.
Electric Carmaker Fisker To Go Public Through SPAC Deal At $2.9 Billion Valuation
Jul 14, 2020 03:59 PM
Electric car maker Fisker will go public through a merger with a blank-check company backed by alternative investment manager Apollo Global Management Inc at a valuation of $2.9 billion, the companies said.
BMW iX3 Electric SUV To Be Unveiled On July 14
Jul 11, 2020 05:18 PM
The much-awaited BMW iX3 is all set to make its global debut next week, on July 14, 2020. It's will be the first-ever all-electric SUV from the Bavarian carmaker and will feature the company's fifth-generation BMW eDrive technology.
Honda Invests In China's CATL, To Jointly Develop EV Batteries
Jul 10, 2020 08:55 PM
Japan's Honda Motor Co Ltd will pick up a 1% stake in electric vehicle (EV) battery maker Contemporary Amperex Technology (CATL) and the two will jointly develop EV batteries, the Chinese firm said in a filing on Friday.
Electric Carmaker Fisker Eyes Deal To Go Public: Report
Jul 10, 2020 05:27 PM
Electric vehicle maker Fisker Inc is in talks to go public through a sale to a so-called blank-check acquisition company, modeled after a successful deal earlier this year by peer Nikola Corp, people familiar with the matter said on Thursday.
KYMCO RevoNEX Electric Motorcycle Nears Production
Jul 10, 2020 05:24 PM
Latest patent images reveal an almost production-ready version of the upcoming KYMCO RevoNEX electric motorcycle.
Tesla's Musk Approaches A $1.8 Billion Bonanza
Jul 9, 2020 07:10 PM
Tesla Inc's blistering stock rally is putting Chief Executive Elon Musk in reach of a payday potentially worth $1.8 billion, his second jackpot from the electric car maker in about two months. Fueled by stronger-than-expected car deliveries, shares of Tesla have surged over 40 per cent in the past seven sessions, elevating the company's market capitalization to $259 billion. More important for Musk's personal finances, Tesla's six-month average market capitalization has reached a record $138 billion.
Fisker Raises $50 Million Funding; Will Be Used For Development Of Ocean Electric SUV
Jul 9, 2020 05:07 PM
American electric car manufacturer, Fisker Inc., has announced raising a new $50 million Series C funding from Moore Strategic Ventures, LLC, the private investment vehicle of popular hedge fund manager Louis M. Bacon.
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