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Exclusive: E-bike maker SONDORS up for sale as company enters receivership

Electrek

The search is now on for a buyer who can scoop up the company and its assets. more… The post Exclusive: E-bike maker SONDORS up for sale as company enters receivership appeared first on Electrek.

For Sale 121
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BYD NEV sales up 262.9% YOY in October

Green Car Congress

In particular, the New Energy Vehicle (NEV) sales reached 80,003 units, soaring 262.9% By the end of October, the cumulative annual sales of BYD passenger vehicles topped 200,000 units. So far, BYD Han’s cumulative sales have exceeded 130,000 units, with increases for seven consecutive months. year on year (YoY) and 12.5%

BYD 448
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Velodyne Lidar acquires AI software company Bluecity

Green Car Congress

Velodyne Lidar has acquired Bluecity, a Montreal-based artificial intelligence (AI) software company, in an all-stock transaction. Bluecity’s executive, software development and sales teams will join Velodyne. The addition of Bluecity is expected to be immaterial to operating expenses and cash usage.

San Jose 369
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Toshiba splitting into three companies; first such spin-off scheme for a Japanese company of this size

Green Car Congress

Toshiba Corporation intends to split itself into three standalone companies: Infrastructure Service Co. The separation will create two distinctive companies with unique business characteristics leading their respective industries in realizing carbon neutrality and infrastructure resilience (Infrastructure Service Co.),

Companies 321
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The Metals Company and Low Carbon Royalties form strategic partnership

Green Car Congress

Deepsea mining company TMC The Metals Company ( earlier post ) announced a strategic partnership with Low Carbon Royalties Inc. TMC and LCR have agreed to a purchase and sale agreementwhereby LCR has acquired a 2.0% to finance the development and production of low-carbon fuels and energy transition metals.

Carbon 352
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Mercedes EV sales boom in strongest company performance yet

Teslarati

Mercedes revealed its Q1 sales statistics this morning, showing its EV sales are booming in the world’s biggest markets. This dedication and swell of new offerings continue to pay off, as the premium German brand reports its EV sales boomed in the year’s first quarter. and 10% of passenger vehicle sales globally.

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Kia targeting 1.6 million EV sales worldwide by 2030; 37% of sales

Green Car Congress

Kia’s updated 2030 annual sales target is 4.3 Since then, Kia has held a CEO Investor Day every year to present updates on the company’s future vision and goals. Kia 2023 CEO Investor Day Kia’s 2030 global sales target of 4.3 higher than its 2023 annual sales target of 3.2 million units, of which 2.38 million units.

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