• News aggregator on electric cars and electric vehicles (cars, motorcycles, boats, planes).

Xiaomi denies rumors of EV partnership with Ford

ArenaEV
A report from the Financial Times, published over the weekend, claimed that Xiaomi and Ford held talks over a potential joint venture to manufacture vehicles in the US and, of course, enter the US market in general. However, Ford and Xiaomi denied those rumors, calling them “completely false”. Moreover, Xiaomi says the company doesn’t sell its products and services in… Read more…

Polestar secures $400 million investment

ArenaEV
Swedish electric car company Polestar just got a major financial boost. Two big banks, Sumitomo Mitsui and Standard Chartered, have invested €341 million into the brand, with each bank committing €171 million. The financial boost comes at a busy time for the carmaker as it works to grow its business and sell more electric cars around the world. The deal… Read more…