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Australian company Recharge Industries acquires Britishvolt

Electric Cars Report

Australian company Recharge Industries has been successful in its bid for ownership of insolvent battery startup Britishvolt.

Recharge 108
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Rivian R1EVS to join fleets in the mining industry

Teslarati

Rivian’s R1 vehicles will join fleets in the mining industry. Rivian recently entered an exclusive global partnership with MEVCO (Mining Electric Vehicle Company), which provides sustainable and efficient electric vehicles (EVs) in the mining industry.

Fleet 118
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Breaking: Electric motorcycle company CAKE quietly files for bankruptcy

Baua Electric

There has been no announcement from the company itself, which as recently as last week was still making press announcements including about further European expansions. The majority of the company is owned by just a few key individuals and funds: AMF, Swedish pension company: 11.3%. But it’s not all bad news.

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Tesla maintenance and repair costs are lowest in the auto industry: data

Teslarati

Tesla’s 10-year maintenance and repair costs are the most affordable in the automotive industry, as shown in a new data analysis publicized last week. The total 10-year cost of maintaining and repairing a Tesla is the cheapest in the industry, according to a data analysis shared by Consumer Reports on Friday.

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Panasonic seeks to expand business in the auto industry 

Teslarati

Panasonic seeks to expand its business in the automotive industry, starting with building relationships at CES 2024. The Japanese company’s automotive department—Panasonic Automotive Systems—aims to expand past battery cells for electric vehicles. It plans to delve into products that could prove lucrative.

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Tesla Energy tops list of best energy storage companies

Teslarati

Despite this, as well as delays in some anticipated products like the Solar Roof, Tesla Energy was recently recognized as the market’s top energy storage company today. As noted by energy magazine Energy Digital , its top 10 list of battery storage companies represent the powerhouses that are revolutionizing the industry.

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Hertz CEO steps down following Tesla and EV debacle costs company big

Teslarati

Hertz CEO Stephen Scherr has decided to step down following the rental firm’s big bet on Tesla and other EVs went awry, as the debacle cost the company big. Then, it decided to bulk up its fleet with more cars from other EV companies, including Polestar and GM. ” I’d love to hear from you!

Companies 125