Mirattery issued two new asset-backed securitization products with a combined size of 2.021 billion yuan. Read more…
InstaVolt acquires GeniePoint
InstaVolt has agreed to acquire 228 GeniePoint charging locations from Equans, adding more than 260 chargers to its network. Following the deal, the charge point operator will manage over 4,250 chargers across around 1,200 UK locations. Read more…
Germany accelerates Northvolt asset sale to Lyten
German Economy Minister Katherina Reiche is reportedly accelerating Lyten’s takeover of the remaining Northvolt project in Heide. As an interim measure, she has moved the German Northvolt project company into state control and is now seeking to transfer key obligations to Lyten as part of the acquisition process. Read more…
Delhi tightens EV programme – and bans internal combustion vehicles
The Indian capital of Delhi has set ambitious short-term electrification targets in order to get a grip on air pollution. A new directive combines purchase incentives, scrappage bonuses, and phased combustion engine registration bans across various vehicle categories. Read more…
Recall of 21,000 battery-electric vehicles from Toyota, Lexus and Subaru in the USA
In the US, Toyota is recalling a number of Toyota bZ, Lexus RZ, and Subaru Solterra EVs from the 2026 model year. This is due to a malfunction risk in the electronic control unit that manages the high-voltage battery. This can lead to a loss of driving power and increase the risk of accidents. Read more…
China pushes battery manufacturers for faster supplier payments
China is tightening its measures against increasing competitive pressure in the battery industry. Eleven leading battery manufacturers, including CATL, BYD, and CALB, have now committed to paying small and medium-sized suppliers within 60 calendar days in the future. Read more…
China’s 2026 EV battery installation growth seen slowing to 15.8%
China’s full-year power battery installation demand is expected to total 888.7 GWh in 2026, up 15.8% year-on-year, a sharp slowdown from 2025. Read more…
New CPSC rule could dramatically change e-bikes in the US
The US Consumer Product Safety Commission (CPSC) has proposed a sweeping new safety rule that could significantly reshape the e-bike industry, particularly when it comes to lithium-ion batteries and electrical systems. Read more…
Nio rolls out another ET9 limited edition in under 10 days
Nio has added a new theme to the ET9 Horizon Edition, with prices starting at 838,000 yuan ($123,300) including the battery. Read more…
OCSiAl named carbon nanotube supplier for PowerCo’s Unified Cell batteries
OCSiAl supplies carbon nanotube additives to PowerCo’s Unified Cell batteries, enhancing conductivity and heat dissipation for better EV battery performance. Read more…
How a gas plant helped fast-track 270 MW of new solar
Getting new solar projects connected to the grid can take years. Earthrise Energy says it’s found a faster way. Read more…
Volkswagen Group to introduce bidirectional charging to its dealer network in Sweden
Volkswagen Group and Energy Bank launch commercial bidirectional EV charging at dealerships in Sweden, enabling vehicle-to-grid power supply. Read more…
Drivers Are Not Happy With Their Cars’ Screens
New data shows that infotainment screens is the only major quality category getting worse year-over-year. Read More…
Corvus Energy to supply Orca battery systems for two new Scylla river cruisers
Corvus Energy supplies Orca battery systems for two new Scylla river cruisers, enhancing efficiency and reducing emissions with hybrid propulsion. Read more…
New Tesla ‘Full Self-Driving’ class action hilariously cites Electrek
A new proposed class action accuses Tesla of selling “Full Self-Driving” on millions of vehicles that are physically incapable of delivering it — and to make its case, the 51-page complaint repeatedly cites Electrek’s own reporting. Read more…
Ford’s $30,000 EV pickup caught testing again
The midsize electric pickup was spotted testing in Arizona this time as Ford prepares to take the wraps off. Read more…
The US’s largest transformer factory is coming for the AI power boom
Hitachi Energy has broken ground on a major expansion of its South Boston, Virginia, campus that will become the largest power transformer factory in the US – one of the most in-demand pieces of equipment for the country’s aging, overloaded electric grid. Read more…
Toyota blames high gas prices as global sales fall again, while EV sales jump 170%
The world’s top-selling automaker is feeling the impact of rising gas prices. Toyota reported its fourth straight month of lower global sales in May, as EVs continued to drive growth. Read more…
Xiaomi secret two-door electric sports car spotted in China
Xiaomi, known globally for smartphones, entered the automotive industry with high ambitions. Two electric cars in short succession – the SU7 sedan followed quickly by the YU7 SUV – became a runaway success. We knew the Chinese electronics giant was already working on a larger SUV, but what we did not know was that Xiaomi was cooking up something entirely… Read more…
Re-thinking busbar production: 7 benefits of optimized manufacturing with ultrasonic welding
Sponsored by Herrmann Ultraschall. Discover the way to top-efficiency in busbar welding: Rising performance demands in e-mobility, data centers, and power electronics are pushing conventional busbar manufacturing to its limits. This white paper explores how ultrasonic welding redefines the way non-ferrous metals like copper and aluminum are joined – without heat, additives, or material degradation…. Read more » Read more…
