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Electric commercial vehicle company SEA Electric raises $42M; partnership with Exro

Green Car Congress

recently closed initial private placement equity financing for total gross proceeds of approximately US$42 million. SEA-Drive 120b Power-System. SEA Electric Holdings Pty Ltd.

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Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

Green Car Congress

Nickel is critical to battery-powered vehicles; nickel sulfate is a key ingredient in cathode precursors for the lithium-ion batteries they use. Government incentives can boost electric vehicle sales in the US, she said, but policies to incentivize EV adoption will still be disrupted by inadequate infrastructure.

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Nepal new budget: removes tax hikes on EVs, waives renewal & road tax for 5 years

Electric Vehicles India

The Government of Nepal, Finance Minister Yuba Raj Khatiwada announced the budget for the fiscal year 2021-22 which allocated a total of 1.64 Here are some of the highlights of the budget presented by Nepal Finance Minister Yuba Raj Khatiwada. Nepal new budget: removes tax hikes on EVs, waives renewal & road tax for 5 years.

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Study: EVs cannot succeed without developing parallel supercharging networks

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million automobiles were sold in the United States in 2019, of which only about 245,000 were battery-powered electric vehicles, researchers said. With the major automakers promising new EV models, Bloomberg New Energy Finance predicts that 500 different EV models will be available globally by 2022. Nissan has spent $5.6

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VW Group strategy calls for >30 new BEVs by 2025 with annual EV sales of 2-3M units; mobility services

Green Car Congress

The Group is planning a broad-based initiative in this area: it intends to launch more than 30 purely battery-powered electric vehicles (BEVs) over the next ten years. In a rapidly expanding market, Volkswagen’s aim is for the new mobility solutions business unit to generate sales revenue in the billions by 2025.

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Daimler invests in the start-up Anagog; smartphone-based behavior analysis with no need for backend server

Green Car Congress

Daimler has participated in a financing round together with MizMaa Ventures, a venture capital company located in California. Based in Tel Aviv, Anagog has developed software which provides on-device mobility status detection, with cloud-based processing power, deep learning and an insightful analytics platform.

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Smith Electric Vehicles US Makes $105M Offer to Buy SEV Division from Tanfield

Green Car Congress

Any sale would be conditional inter-alia upon negotiation of sale and purchase documentation, a financing by SEVUS, all usual shareholder approvals (including the approval of Tanfield shareholders) and due diligence. SEVUS currently produces the Newton battery powered truck in the US. on turnover of £8.1m