Category: Electric vehicles

Car companies are announcing and advertising new electric vehicles way earlier than they historically have.

Hyundai’s latest EV offering, the IONIQ 6, just made its debut at the LA Auto show, and the Korean automaker released some impressive stats to go along with its stunning design. Based on the Prophecy EV concept, the IONIQ 6 is a slippery, coupe-like sedan featuring a “streamliner” design, as Hyundai calls it. The IONIQ 6 shares much similarity with cars like the Mercedes EQS, but the IONIQ 6’s design is even more extreme.

JOHANNESBURG (Reuters) -The Africa head of Ford Motor Co said the South African government must deliver policy certainty on electric vehicles (EVs) within six months to save its automotive industry. Three quarters of cars produced by South Africa's auto industry, which accounts for 5% of gross domestic product and more than 100,000 jobs, are exported, mostly to Europe. But with Britain planning to ban sales of new petrol and diesel cars from 2030 and the European Union in 2035, the local industry risks losing thousands of jobs and billions in revenue in the absence of a government plan for EVs.

Electric vehicle startup Nio is accelerating its expansion in Europe. The premium EV maker just launched its first power-swapping station in Varberg, Sweden, the company said in a LinkedIn post. When it comes to charging, Nio differentiates itself from its rivals by offering swappable batteries, which are upgradable and charge a monthly subscription fee, on top of the traditional plug-and-charge model.

Ideanomics (Nasdaq: IDEX), a global company focused on accelerating the commercial adoption of electric vehicles (EV), today announces that it has received notification from The Nasdaq Stock Market LLC ("NASDAQ") confirming the company has been granted an additional 180 calendar day period for compliance under its minimum bid price requirement under Listing Rule 5550(a)(2) (the "Bid Price Rule") through May 15, 2023.

China's electric vehicle (EV) startup Voyah said on Friday it had raised nearly 5 billion yuan ($701.50 million) in the latest A-series fundraising round, which valued the firm at nearly 30 billion yuan.

Owners’ forums and a government website feature complaints of the Lucid Air going forward when in reverse gear or simply stalling out