Lotus Technology, part of the Geely brand Lotus, has completed its public listing, which was announced around a year ago. The company merged with a shell company and was valued at around 7 billion US dollars as part of the SPAC deal.
Tag: USA
Lucid launches production of the ‘Air’ electric sedan
Lucid Motors has officially started production of the first customer vehicles of its Air electric sedan at its plant in Casa Grande in the US state of Arizona. Deliveries are scheduled to begin at the end of October. According to the manufacturer, more than 13,000 reservations have been made so far. In the middle of […]
Tesla to build 300,000th vehicle in China so far this year
Tesla’s Gigafactory in Shanghai will apparently produce its 300,000th electric car this year. The upcoming annual general meeting of the Californian electric car manufacturer is also to take place at the production facility under construction in Texas. The date: 7 October. A Reuters report says that Tesla wants to reach a cumulative production figure of […]
VinFast is coming to Europe in 2022
The Vietnamese car manufacturer VinFast gives more details about its European strategy. According to this, the company’s first two electric cars, the VF e35 and the VF e36, are to make their market debut in three European countries in 2022. VinFast currently develops and manufactures exclusively electric scooters and electric buses in its own production […]
Polestar closing in on SPAC merger for IPO
Polestar is apparently close to completing the proposed SPAC merger with investment firm Gores Guggenheim that was first leaked in July. The official announcement could be made in the course of today, Monday. Reuters news agency, citing sources familiar with the planned US IPO, reports that the merger with Gores Guggenheim could give the proposed […]
Hofer Powertrain to supply Mullen Technologies
The Californian electric car start-up Mullen Technologies announces an agreement with the German drive specialist Hofer Powertrain to develop and produce electric drives for its vehicles. Mullen also announces further models. The agreement with Hofer Powertrain is a memorandum of understanding focused on electric powertrains, with neither side providing further details. David Michery, CEO and […]
Eli Electric Vehicles launches production of the ‘Zero’
According to a media report, the start-up Eli Electric Vehicles has begun production of its Zero, an L6e class electric light vehicle first presented as a concept at CES 2017. The production partner is to be based in China and sales will begin in the coming weeks, initially in small numbers in 13 European countries, […]
Honda reveals BEV sales targets for North America
Honda has announced the first concrete sales targets for its battery electric vehicles in North America. For example, the Prologue – the first all-electric model for North America – is initially expected to achieve annual sales of 70,000 units. The debut electric vehicle is scheduled for introduction in 2024. Following the launch of the Prologue, […]
Lucid Air given an 837-kilometre EPA-range
Californian start-up Lucid Motors has published official range ratings for its Air electric sedan by the US Environmental Protection Agency (EPA). With up to 520 miles for the longest-range variant, the Lucid Air has the highest EPA rating for an electric car to date. The top value applies to the ‘Dream Edition Range’ of the […]
Pre-series production of Ford F-150 begins
Ford has started pre-series production of the F-150 Lightning. The electric pickup truck is scheduled for market launch in spring 2022. Due to the high demand, Ford has now confirmed that it will significantly increase production. Ford now has more than 150,000 reservations for the all-electric version of the F-150 pickup truck, unveiled in May. […]
