Volvo Cars and Ford Motor Company have announced that they are coming together through an e-waste startup Redwood Materials to initiate a first-of-its-kind electric vehicle battery recycling program in California.
Month: February 2022
Porsche buys stakes from an e-bike company and plans two joint ventures
Porsche bought minority share from a German company called Fazua, which has developed one of the most innovative electric drive systems.
Swedish electric truck startup Volta announces €230 million in Series C funding
Stockholm-based electric truck start-up Volta Trucks received €230 million investment in Series C funding recently. It will be enough to finance production of the 16-tonne Volta Zero.
Volvo to invest €1.1 billion in the mega-casting technology
It is confirmed that Volvo will use its new mega-casting technique in its upcoming EV cars. Swedish automaker will invest €1.1 billion.
USPS plan to electrify its fleet with initial 5000 EVs
Almost a year ago, USPS declared that the new vans from Oshkosh would initiate the most important modernization of its fleets in thirty years.
Mercedes to launch EQS SUV and the first electric Maybach this year
Mercedes reportedly launching three new electric SUVs this year. EQS SUV, EQE SUV, and the first electric Maybach are coming to the market in late 2022.