Electric Car

The Guangzhou-based manufacturer sold 48 million American depositary shares (ADS) to the public at $45 per ADS. (Source: China Daily) Chinese electric carmaker XPeng raised $2.16 billion in an upsized follow-on offering, the company announced in a statement on Wednesday. The Guangzhou-based manufacturer sold 48 million American depositary shares (ADS)…

The new plates have a distinctive green rectangle on the left-hand sideRead More

Electric cars are undeniably the way of the future, but a company called Lunaz has been bringing that technology to older, classic vehicles like the Jaguar XK120 and Rolls-Royce Phantom V. As of today, the company is expanding its lineup to include Range Rovers from the 1970-1994 time period, what…

With transportation responsible for a quarter of emissions, it will be hard to meet the federal government's national pollution targets without addressing Canada's car conundrum, write Merran Smith and Sarah Petrevan.A man plugs in his Volkswagen e-Golf at a charging station in Peterborough, Ont. Demand for electric vehicles has far outpaced production,…

Strap yourselves in folks, because we’ve got a wild one for you. It’s perhaps the wildest story since General Motors decided it would be a good idea to acquire hydrogen truck startup Nikola — the deal has since fallen through, though — so this is bigger. Reports are surfacing that…

Having run a pair of standalone events on a purpose-built track at the Utah Motorsports Complex in 2018 and 2019, Nitro Rallycross will expand to five rounds next year, with plans to grow to a 10-round global series in 2022, with events in North America, Europe and the Middle East. For…

Hyundai and Kia have launched a handful of electric cars based on existing internal-combustion models, but now the two brands are taking things to the next level. The new Electric-Global Modular Platform (E-GMP) will be the basis for new vehicles that, unlike previous versions, will be designed from the ground…

There have been three important eras for electric cars which are characterized by Tesla as the dominant EV maker. I will review the three main eras that have already occurred in electric cars and the next three major generations for EV vehicles. Generation 1 : Roadster Era There was the…

NOVEMBER 29, 2020This newsletter is a weekly in-depth analysis of tech and innovation in Africa that will serve as a post-pandemic guide. Subscribe here to get it directly in your inbox every Sunday at 3 pm WAT I am excited by something happening in Nigeria right now, want to know…

In mid—November, Volkswagen announced that it’s putting aside a bigger portion of its overall investment budget for digital and electric vehicle technologies. It originally planned to pour only 60 billion Euros (US$72 billion) into electric and self-driving vehicle development over the next five years, but it increased that figure to…