August 2023

EV manufacturer Proterra files for bankruptcy

Proterra, a manufacturer of electric buses and EV powertrain components, has filed for Chapter 11 bankruptcy protection. The company intends to continue operations, using existing capital, and plans to either recapitalize its businesses or sell them off. Proterra has three main business units: in 2022, most of its profits came from sales of electric buses;

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Bboxx and Spiro team up to finance electric motorcycle sales in Rwanda, Togo and Kenya

Electric motorcycles are in high demand in Africa, thanks to their low running costs, but their high purchase prices relative to legacy ICE bikes make them unaffordable for many potential buyers (of course, this problem is by no means confined to developing countries). Financial services provider Bboxx and electric motorcycle manufacturer Spiro aim to accelerate

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Tesla acquires German wireless charging startup Wiferion

Is Tesla planning to go wireless? The company has long touted autonomous driving technology, which will require some form of automated charging. In 2015, Tesla showed a prototype of a gee-whiz “snake charger.” In 2017, there were rumors that it was working on a ground-mounted automated conductive charger. This March, Tesla teased what appeared to

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British Columbia transit agency to buy 115 electric buses

BC Transit, which oversees public transit in the Canadian province of British Columbia (outside of Greater Vancouver) has announced plans to invest some $396 million to purchase up to 115 battery-electric buses and install 134 charging points. Of the total, the Canadian federal government is contributing around 170 million, the British Columbia provincial government is

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Amprius supplies batteries for solar cars competing in cross-Australia race

Amprius Technologies, maker of the Silicon Anode Platform for lithium-ion batteries, is supplying battery cells to the Astrum solar car, which a team from the University of Michigan will race in the Bridgestone World Solar Challenge in October. The Bridgestone World Solar Challenge requires teams to design, develop and pilot a solar-powered vehicle along a

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