Sunday, 20 April 2025

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News Release

ZOOZ Power Appoints Erez Zimerman as New CEO

Tel Aviv, Aug. 12, 2024 (GLOBE NEWSWIRE) -- ZOOZ POWER Ltd. (NASDAQ and TASE: ZOOZ), the leading provider of Flywheel-based power boosting and...

FILE PHOTO: Vehicles that were completely burned down due to a Mercedes Benz electric car fire that broke out on August 1st, are lying in the underground parking lot of an apartment complex in Incheon, South Korea, August 2, 2024. Yonhap/via REUTERS/ File Photo
AutomotiveCritical MineralsElectric Vehicles (EVs)MineralsNewsTransport

South Korea holds emergency meeting as EV fires stir consumer fear

South Korean officials met Monday to discuss EV safety amid growing consumer concern after an EV fire in and underground garage

FILE PHOTO: A Rivian Automotive Inc facility is pictured in Costa Mesa, California, U.S.,November 1, 2023.     REUTERS/Mike Blake/File Photo
BusinessElectric Vehicles (EVs)FinanceIndustryManufacturingNews

Rivian sticks to production forecast, posts second-quarter margin below estimates

Rivian maintained its production forecast but reported greater-than-expected losses per vehicle, despite revenue gains.

An Audi Q6L e-tron electric vehicle (EV) is showcased at a Volkswagen media event in Beijing, China April 24, 2024. REUTERS/Josh Arslan
News

Audi’s new China EV series won’t have four-ring logo, sources say

Chinese Audi EV series developed with local suppliers and technologies unlikely to carry usual branding for the German marque.

FILE PHOTO: Mobileye logo is seen near computer motherboard in this illustration taken January 8, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
AutomotiveBusinessNewsTransport

Mobileye slashes annual forecasts on uncertain demand; shares fall

Israeli self-driving company Mobileye revenue reconsidered as carmakers around the world cut production and reduce demand for chips.

A MAN hydrogen combustion engine truck which is under development, is shown in this undated  handout photo obtained by Reuters on July 31, 2024. MAN Truck & Bus SE. /Handout via REUTERS
AutomotiveEmissionsHydrogenNewsTransport

Big truckmakers bet on hydrogen to extend combustion engine life

With electric batteries not up to the task of long-haul freight, hydrogen trucks offer a chance for low-emission deliveries.

FILE PHOTO: A VW badge is seen on a car at a dealership in Kaluga, Russia March 30, 2022. Picture taken March 30, 2022. REUTERS/Evgenia Novozhenina/File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

German antitrust body gives green light to VW-Rivian joint venture

BERLIN (Reuters) – Germany’s Volkswagen and U.S electric car maker Rivian Automotive may form a joint venture, the German competition authority said on...

FILE PHOTO: Bernadett Vejkey, marketing manager at Addionics, holds up a sheet of a porous, three-dimensional copper anode the battery materials startup has developed for electric vehicle batteries, at the company's lab in London, Britain, December 5, 2023. REUTERS/Nick Carey/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

GM co-leads $39 million funding for EV battery materials startup Addionics

Innovative electrodes could provide faster charging and financial savings for carmakers, as GM funds Addionics through venture capital arm.

A view of cars on the road during rush hour traffic jam in San Francisco, California, U.S. August 24, 2022. REUTERS/Carlos Barria/ File Photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceIndustryManufacturingNews

U.S. new light vehicle sales to rise about 1% in July: report

The share of Battery Electric Vehicles is expected to reach 7.8% in July, aided by the rollouts of new models from car makers...

FILE PHOTO: A Porsche logo is displayed at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019.  REUTERS/Pierre Albouy/File photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsTransport

Porsche bids to restore output, tackle supply chain risks in second half

Porsche fighting to restore production volumes after months of supply chain snags, slow EV demand and a sales slump in China

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