Chinese Tesla rival Nio files to raise $1.8 billion in US IPO

Tesla may be looking to go private, but Chinese rival Nio is going the other way after it filed to raise $1.8 billion in an IPO on the New York Stock Exchange. Nio was started in 2014, initially as NextCar, by Bin Li, an entrepreneur who founded online automotive services platform Bitauto. The company is backed by Chinese […]

Tesla to help build on-site charging stations for its first Semi customers

Tesla is going to be working with its first pilot customers for its all-electric Semi truck to build charging stations at their shipping facilities, Reuters reports. We know relatively little about how Tesla will be piloting its truck thus far, but this new info sheds some light on the charging component of the puzzle. Tesla […]

Carmaker venture for EV fast-charging teams with gas stations in Europe

 Automakers are laying the groundwork for a future in which electric cars are omnipresent – and at least as common a sight on roadways as traditional gas-powered vehicles. Last month, a group of car OEMs including Ford, BMW, Daimler, and Volkswagen Group created a new joint-venture called ‘Ionity’ to build out a charing network, starting […]

Tesla opens two largest Supercharger stations and a customer lounge

 Tesla has opened new Supercharger stations in California, the largest it has built to date. These are a new kind of Supercharger for the automaker, with not only the most stalls of any Supercharger station to date, at 40 per station, but also a dedicated “customer lounge” at one of the new locations. Read More […]

As electric vehicles make a move to the mainstream, utilities are taking notice

In a move highlighting the growing importance of electric charging stations to utilities, Italian power giant Enel has bought a small, fast-growing California developer of charging stations and power management software. Through its EnerNOC subsidiary, Enel acquired San Carlos, Calif.-based Electric Motor Werks for an undisclosed amount, in a transaction that could be a harbinger […]