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Li-Cycle secures $475m loan from U.S. Department of Energy to develop EV battery recycling facility

Marking the first loan facility from the U.S. Department of Energy to be allocated to a lithium-ion battery recycling company, Li-Cycle has been granted a loan of up to $475 million to assist in...

Tesla Model Y 2024 review: Living with a long-range EV

Tesla recently rejigged the specifications of its Model 3 and Model Y EVs, offering new rear-wheel-driven, long-range variants of the best selling duo. For the Model Y in particular, that means the entry level...

BYD hires ex-Stellantis UK MD, Maria Grazia Davino, as European expansion continues

BYD is looking to further push its EV expansion across mainland Europe, after appointing Maria Grazia Davino as the new Regional Managing Director for Germany, Switzerland, Poland, Austria and the Czech Republic.Taking on the...

What does the Labour budget mean for the UK’s EV industry?

The UK’s Chancellor of the Exchequer, Rachel Reeves, has announced the UK's Autumn budget.Covering aspects such as EV BiK, and the current fuel duty, the budget has several implications for electric vehicles, and the...

Xiaomi SU7 Ultra EV revealed, priced near the Porsche Taycan and Tesla Model S Plaid

Xiaomi revealed a fully-fledged performance variant of its electric SU7 saloon today, in the form of the SU7 Ultra.Being first introduced for China, Xiaomi says the SU7 Ultra will offer 'the ultimate driving experience'...

Ford and LG Energy Solution expand EV battery agreements

Electric vehicle battery supplier, LG Energy Solution, has announced a series of new agreements with Ford Motor Company, covering both its European and American operations.Under the new contracts, LG Energy will supply battery modules...