EV Updates

Toyota Unveils the New Yaris, GT3 and Sporty bZ4X in Tokyo

[ad_1]   Toyota recently presented three vehicles at the Tokyo Auto Salon 2022, including GRMN Yaris, the GT 3 concept, and bZ4X GR, that are previews of the future of sporty Toyotas — from motorsports to quick family transportation. Toyota\’s reputation has been based on automobiles that are dependable and capable rather than thrilling. With […]

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Elon Musk is walking away from Twitter deal after selling $8 billion worth of Tesla (TSLA) stock for it

[ad_1] After months of negotiations, Elon Musk has officially moved to terminate his takeover of Twitter, but the CEO has still sold around $8 billion worth of Tesla (TSLA) stock to make it happen. What is he going to do with that money? After Tesla went public in 2010, Elon Musk often said that he

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Tesla and PG&E invite customers to create world\’s largest distributed battery to support grid reliability

[ad_1] Tesla and Pacific Gas and Electric (PG&E) invitd 25,000 customers to create the world’s largest distributed battery to support grid reliability, the utility announced. We knew about this partnership in June when the two companies announced they were working together to launch a virtual power plant (VPP) program. The program allows homeowners with a

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Twitter pursues legal action to ensure Elon Musk seals $44B deal

[ad_1] Twitter Board Chairman Bret Taylor announced that the social media company would pursue legal action to ensure Elon Musk seals his $44 billion deal. Last week, Musk submitted a SEC filing, terminating his merger agreement with Twitter.   Inside sources told Reuters that Twitter plans to file a lawsuit this week in Delaware. Twitter hired Wachtell, Lipton,

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Moment Energy and Mercedes-Benz Energy establish supply agreement for second-life batteries

[ad_1] Canada-based Moment Energy, a start-up created by four Simon Fraser University alumni, has established a supply agreement with Mercedes-Benz Energy (MBE) for second-life electric vehicle batteries. This marks the first agreement Mercedes-Benz Energy has signed with a North American second-life energy storage system (ESS) provider. Together with Moment Energy we will enable sustainable ESS-solutions

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APEX Group to build electrolysis plant for ArcelorMittal steelworks decarbonization project in Bremen (HyBit)

[ad_1] The German energy company EWE and its subsidiary swb AG have awarded the contract for the construction of an electrolysis plant for decarbonization of the ArcelorMittal steelworks in Bremen to the APEX Group in Rostock/Laage. The project name HyBit stands for “Hydrogen for Bremen’s industrial transformation” and marks the start of the decarbonization of

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Compleo and Network Rail equip train stations with EV charge points

[ad_1] Network Rail, which owns and operates most of the UK’s railway network, is installing new electric vehicle (EV) charging points at railway station car parks. The company is aiming to equip 10% of its car parking spaces, about 780 bays, by March 2024. The charging points, powered by renewable energy, provide enough power to

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SpaceX begins launching new shell of polar Starlink satellites

[ad_1] SpaceX has begun launching a new group of Starlink satellites that will eventually create a ‘shell’ of near-polar communications satellites capable of serving some of the most remote customers on Earth. Known as Starlink Group 3-1, the mission was also SpaceX’s 50th dedicated Starlink launch since the company first launched a full batch of

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New 500 kW fast chargers coming this year

[ad_1] During NIO’s second annual Power Day event, the Chinese EV automaker spoke of its future of charging and battery technology, unveiling new 500 kW ultra-fast-charging piles in addition to a peek at its third-generation battery swap station. Here’s a quick recap of NIO Power Day 2022. Despite global supply chain issues stifling much of

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