Octillion debuts new EV battery leasing plan


Octillion Power Systems has announced a new demo program that allows fleet customers to lease batteries when they purchase vehicles. Under the program, participating fleet operators will be allowed to source batteries through a five-year lease-to-own program, with no up-front payment.  “The program is designed to ensure that fleets feel prepared to make the switch… Read more »

VW: New electric car flagship to be made in Wolfsburg

Volkswagen revealed more details concerning Monday’s announcement that it will turn its main plant in Wolfsburg into a model factory for the highly automated production of electric cars. This includes a new electric vehicle with improved battery technology and more modern software that is to be built at the plant in a few years. Group […]

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The Boring Company pushes TX expansion with new lease near Gigafactory Texas

Elon Musk’s Boring Company has leased an industrial space with two buildings in Pflugerville, Travis County near Tesla’s Gigafactory Texas. On December 7, The Boring Co. registered for renovation work at 15709 Impact Way in Pflugerville with the Texas Department of Licensing and Regulation.  The Pflugerville industrial space is less than 20 miles away from […]

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Tesla Tier-1 supplier looks to expand its reach amid the EV sector’s exponential growth

The parent company of one of Tesla’s Tier-1 suppliers is making some serious moves in the growing electric vehicle sector. As mentioned in recent reports, Wanfeng Auto Wheel, the parent company of Tesla supplier Meridian Lightweight Technologies, has expressed its commitment to providing the best lightweight solutions for new vehicles, particularly those in the EV […]

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New Generation 4 Lightning Electric Transit Class 3 Van Introduced by Lightning eMotors

Lightning eMotors today announced the debut of a new model of its popular Class 3 Lightning Electric Transit Van. The new, longer-range Lightning Electric Transit Van is the fourth generation of its battery-electric and fuel cell electric platform, bas…