Tesla investing in US production capacities

tesla-gigafactory-1-fremont-2019-002-min
Tesla plans to invest 4.5 to 6.0 billion US dollars in 2021 and 2022 respectively to expand its production capacities for electric cars and batteries. This was revealed in a statement to the US Securities and Exchange Commission (SEC). The sums Tesla cites in what is called a 10-Q document correspond to 3.8 to 5.1 […]

The post Tesla investing in US production capacities appeared first on electrive.com.

Fisker announces European HQ in Munich

The electric car manufacturer Fisker will set up its European headquarters in Munich. The choice of location for the European headquarters called “Matrix” was also made because of its proximity to Magna’s production facility in Graz. A few days ago it was announced that Magna will manufacture the Ocean electric SUV for Fisker in Europe. […]

The post Fisker announces European HQ in Munich appeared first on electrive.com.

Škoda Octavia vRS UK launch in November

The plug-in hybrid version of Škoda’s sporty Octavia vRS will be available to order in the UK from 3 November. The Czech hybrid vehicle will start with a price of £35,020. Škoda made the announcement on Twitter, after originally announcing the plug-in hybrid variant of the popular Octavia model last March. The Octavia vRS will […]

The post Škoda Octavia vRS UK launch in November appeared first on electrive.com.

Tesla fires Giga-Berlin project manager Horetsky

According to a report in the German media, Tesla has dismissed the project manager responsible for the construction of Giga-Berlin, Evan Horetsky. Reasons for the dismissal are unclear, but could apparently be due to a dispute over unpaid water bills. Elsewhere, Tesla has problems with customers in the Netherlands and authorities in China. The German […]

The post Tesla fires Giga-Berlin project manager Horetsky appeared first on electrive.com.

Nico Rosberg founds Extreme E team

After Lewis Hamilton, Nico Rosberg also founds a team for the electric off-road racing series Extreme E. Rosberg Xtreme Racing (RXR) is the ninth team to sign up for the Extreme E. So the racing rivalry between the two Formula 1 world champions and former Mercedes team mates now continues in Extreme E – albeit […]

The post Nico Rosberg founds Extreme E team appeared first on electrive.com.

Racing series ‘SuperCharge’ to take off in 2022

SuperCharge is the name of a new international racing series based on all-electric crossover road vehicles and has now announced its plans for the first time. After the anticipated start date in 2022, the races are to take place in major international cities. According to its own statements, the series is planning eight events to […]

The post Racing series ‘SuperCharge’ to take off in 2022 appeared first on electrive.com.

Riversimple to launch serial production of fuel cell vehicles by 2023

The British start-up Riversimple has returned with production plans. The company announced that it will start series production of its Rasa fuel cell-powered small car in 2023 and a light delivery van for the last mile from 2024. Riversimple plans to procure 150 million pounds (around 166 million euros) over the next three years to […]

The post Riversimple to launch serial production of fuel cell vehicles by 2023 appeared first on electrive.com.

Byton CEO Daniel Kirchert quits

German CEO Daniel Kirchert has reportedly left the struggling electric car manufacturer Byton. Nevertheless, there is a glimmer of hope for Byton: potential investors are conducting a ‘due diligence’ review at the moment. The report, based on unnamed sources, states that a Chinese company is said to be among the interested parties. The outcome of […]

The post Byton CEO Daniel Kirchert quits appeared first on electrive.com.

FCA plans to build EVs in Canada starting in 2025

Fiat Chrysler Automobiles will invest around 1.5 billion Canadian dollars in its plant in Windsor in the Canadian province of Ontario and will also produce electric cars and plug-in hybrids there from 2025. A few weeks ago, the Unifor union had negotiated a very similar deal with Ford. The agreement between the company and the […]

The post FCA plans to build EVs in Canada starting in 2025 appeared first on electrive.com.

Porsche announces two additional hybrid Panamera

Porsche has added two more plug-in hybrids to the range of drive systems for the revised Panamera presented in August. In addition to the already familiar 4S e-hybrid, the Turbo S e-hybrid and the 4 e-hybrid will now follow. The new Panamera models can be ordered immediately and will be available from dealers at the […]

The post Porsche announces two additional hybrid Panamera appeared first on electrive.com.