Sweden’s Volta Trucks, a developer of electric heavy goods vehicles (HGVs), is making a comeback following its entry into administration last October. The company was in talks to raise €250 million in March 2023, ahead of a potential initial public offering....
Volta Trucks is set to make a sustainable comeback in selected European markets by 2024, with a streamlined business model prioritizing the delivery of electric trucks. The company, now under new management with the support of Luxor Capital, is preparing for customer...
BMW Group is advancing its electric vehicle production in the United States with the groundbreaking of a new battery assembly plant in Woodruff, South Carolina, known as “Plant Woodruff.” This facility will generate over 300 jobs and produce...
Drive Electric is a bold initiative aimed at eliminating tailpipe pollution by promoting the shift to electric vehicles (EVs). This transition is expected to yield significant benefits for the climate, public health, and the economy. The campaign acknowledges the...
Smart EQ Fortwo Production to Cease Smart has announced that it will stop taking orders for the EQ Fortwo starting April 2023. German media source Smart Emotion has reported that although production is slated to continue until mid-2024, due to lengthy delivery times,...
