Category: Electric

Magna starts production of Fisker Ocean EV in Austria

2023 Fisker OceanProduction of the Fisker Ocean has started on schedule at contractor Magna Steyr's Austrian factory, Fisker announced at the 2022 Los Angeles Auto Show. That paves the way for its planned U.S. launch as a 2023 model. The electric SUV was announced at the 2020 Consumer Electronics Show, before Fisker had settled on a platform for the vehicle. After...

Ford executive says South Africa needs EV policy within six months

The Africa head of Ford Motor Co said the South African government must deliver policy certainty on electric vehicles (EVs) within six months to save its automotive industry. Three quarters of cars produced by South Africa's auto industry, which accounts for 5% of gross domestic product and more than 100,000 jobs, are exported, mostly to Europe.

China’s EV upstart Nio switches on power swap station in Sweden

Electric vehicle startup Nio is accelerating its expansion in Europe. The premium EV maker just launched its first power-swapping station in Varberg, Sweden, the company said in a LinkedIn post. When it comes to charging, Nio differentiates itself from its rivals by offering swappable batteries, which are upgradable and charge a monthly subscription fee, on […]

Ideanomics receives NASDAQ extension to comply with Bid Price Rule and secures additional funding to increase EV and charging sales in the United States and Europe

Ideanomics (Nasdaq: IDEX), a global company focused on accelerating the commercial adoption of electric vehicles (EV), today announces that it has received notification from The Nasdaq Stock Market LLC ("NASDAQ") confirming the company has been granted an additional 180 calendar day period for compliance under its minimum bid price requirement under Listing Rule 5550(a)(2) (the "Bid Price Rule") through May 15, 2023.