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Northvolt raises $5 billion to enable expansion of first circular gigafactory in the western world

Northvolt announced the signing of a $5 billion non-recourse project financing to enable the expansion of Northvolt Ett in northern Sweden. The deal represents the largest green loan raised in Europe to date. In addition to the expansion of Northvolt Ett’s cathode production and cell manufacturing, the finance package will enable the expansion of the […]

ZEEKR selects 50five as its home charging partner in the Netherlands

Geely Holding Group’s electric mobility technology brand ZEEKR is partnering with home charging experts 50five to offer wallbox installations in the Netherlands. With a proven record of technical expertise and first-rate customer service, 50five has been selected to provide end-to-end charging solutions for both private and fleet customers. As a key pillar of ZEEKR’s customer-focused approach, […]

Hyundai Reveals Vision for Hydrogen Energy and Software Solutions Beyond Mobility at CES 2024

Hyundai Motor Company presented its vision for a hydrogen-powered, software-driven transformation beyond mobility applications at CES 2024. Under the theme ‘Ease every way,’ the company held its Media Day at the Mandalay Bay Convention Center in Las Vegas to highlight its future blueprint for a hydrogen energy ecosystem and a vision for software and artificial […]

BYD Delivers Over 3M Plug-in Vehicles In 2023, Beats Tesla In Quarterly EV Sales

In 2023, BYD achieved a total yearly sales of 3,024,417 new energy vehicles, which includes battery-only and plug-in hybrid electric vehicles, a YoY growth of 61.8%. The Chinese company said it had sold a record 526,000 battery-only vehicles in the final quarter of 2023, up from 431,603 all-electric BEVs in Q3. It marked the first […]

Fisker Sold 4,700 EVs in 2023, Deliveries Grow Over 300% from Q3 to Q4

Fisker reported a surge of over 300% in its electric vehicle deliveries for the last quarter, resulting in the handover of approximately 4,700 vehicles for the entire year. The substantial increase in quarterly sales was driven by robust demand for the Fisker Ocean One launch edition SUV, which is priced at around $68,999, the company […]

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