Volvo emblem

CorrAction raises strategic investment from Volvo Cars Tech Fund

Israeli startup, CorrActions has built a driver monitoring system that is able to detect the driver's cognitive state and has today announced that it has raised a strategic investment from Volvo Cars Tech Fund. The company has stated that the target round is $6 million.  ...
Glass High Rise Building on Low Angle Photography at Daytime

GM to discontinue the Chevrolet Bolt EV hatchback and EUV

GM has announced that they will discontinue the Chevrolet Bolt EV hatchback and EUV small crossover at the end of the year, GM CEO Mary Barra told investors on Tuesday.   The Orion Assembly plant used to make the Bolt EV will shift production to...
few cars on road near concrete buildings viewing sea

Quebec government to increase requirements for the zero-emission vehicle standard.  

The Quebec government is set to introduce two draft regulations which hope to increase the requirements for the zero-emission vehicle standard.   The city has set a goal to have 2 million electric cars on Quebec roads by 2030. The current target is 1.6 million...
a korean flag flying in the wind with a blue sky in the background

South Korean government to invest $1.5bn into advanced battery manufacturing sector

South Korea’s government and electric vehicle battery makers have decided to ivest $1.5bn to strengthen the country’s advanced battery manufacturing sector.  The investment will be used through 2030 to support the development of solid-state batteries.  According to a Reuters’ report, the South Korean industry ministry...

Octopus Energy to launch U.S’s first-ever Fan Club

Octopus Energy has launched the US’s first-ever Fan Club, a unique electricity rate that provides savings when local wind turbines are spinning.   When there is high wind power accounting for 45 percent or more of the Texas grid’s generation during a given period, customers...
aerial view photography of city beside body of water

Israel’s launches largest solar project in the country

Teralight has announced the launch of a 250MW solar plant. This is said to be Israel’s largest. The project has been valued at NIS 900 million and was initiated by Teralight company and developed with support from the Moshavim Movement cooperative, an initiative aimed at...

StoreDot enters into agreement with VinES

StoreDot had entered into an agreement with VinES which will see a strategic investment of VinFast into StoreDot.   This will mark a new milestone in the cell technology development between both companies and will help to promote advanced battery technology and prepare to introduce...
closeup photo of black analog speedometer

Changan Automobile to build EV plant in Thailand

Changan Automobile has agreed to invest THB9.8bn in a Thai factory supplying electric and hybrid vehicles for domestic sale and export.   The Chongqing based company has planned a plant with initial capacity of 100,000 vehicles per year to supply Thailand and export to other...
long exposure photography of road and cars

Peachtree corners partners with Spoke to deliver the first ever connected IoT ecosystem for vulnerable road users

Peachtree Corners – one of the nation’s first smart cities powered by real-world connected infrastructure and 5G – today launched a collaboration with Spoke, a company that aims to transform roadway safety and rider connectivity by delivering the first ever connected IoT ecosystem for vulnerable...

Babcock to support British Army in transition to EVs

Babcock International has been awarded a one-year contract by the Ministry of Defence to help the British Army understand the defence application and constraints of electric propulsion.   The company will be partnering with Electrogenic and will convert four in-service military Land Rovers, two protected vehicles...