The IPO of US electric vehicle manufacturer Rivian is scheduled for this week at NASDAQ, and it will likely become the third largest financing in the US in 10 years if expectations are met. ...  more

Electric vehicles are seizing the mainstream status of the auto market, though electric flying cars, officially referred to as electric vertical takeoff and landing (eVTOL), have been proposed by numerous startups. Israeli startup AIR announced in October 2021 its new eVTOL, which is scheduled to release in the US during 2024. ...  more

Herbert Diess, chairman of the Volkswagen Group and CEO of Volkswagen Passenger Cars, has been accelerating the implementation of electrification in recent years. However, a vote of no confidence targeted at Diess is currently underway at the board meeting. ...  more

First in India and then in Indonesia, Gogoro, a Taiwanese electric scooter maker known for its battery-swapping infrastructure, has announced several overseas projects in succession. Taking its recent deal in China into account, the company has expanded its business into the world’s top three scooter markets, which is definitely good news for its Wall Street investors.     ...  more

The CCS charging converter of Tesla is now available on the company’s official South Korean website, which is also the only official Tesla website to be selling the particular converter. ...  more

The announcement regarding a purchase of 10K units Tesla vehicles made by car rental company Hertz last week has led to a surge of stock prices for both companies. However, Musk tweeted on the 2nd of November to clarify that Tesla has not yet signed any contracts with Hertz. ...  more

It has been less than three days since Hertz announced its purchase of 100K Tesla models, and we now know that half of the purchase will go to Uber. ...  more

Renowned Swedish auto manufacturer AB Volvo has released its first vehicle made with “green steel” that contains no fossil fuel, and now the company will be releasing more green concept-driven models in 2022. ...  more

The Hong Hai Tech Day 2021 made its debut on October 18 at TaiNEX 2. Apart from displaying the Model C SUV, Model E sedan, and Model T electric bus for the first time, Foxconn also transported the Model electric bus to the venue for visitors to get on board and perceive the riding experience. ...  more

BMW announced on October 6 that its VC arm BMW i Ventures has joined a group of strategic investors in the US$150 million Series B funding round for startup Lilac Solutions. ...  more