Thomas Schmidt

BMW is set to usher in a new era for its M series, with the upcoming BMW M3 Electric (ZA0) slated for a 2027 release, marking the brand's first full electric model in the performance M series.

Norway's Hydro (NHY.OL) announced on Monday that it has agreed to acquire the remaining shares in battery recycler Hydrovolt from Swedish electric vehicle battery maker Northvolt for 78 million Norwegian crowns ($6.79 million). This deal will increase Hydro's stake in Hydrovolt to 100%, up from the 72% it held previously.

In 2024, Sweden experienced a decline in electric car registrations, dropping by 15.9% compared to the previous year, from 112,179 to 94,333 units. However, electric vehicles (EVs) continued to lead the market, securing the highest share of new registrations at 35.0%, though this was down from 38.7% in 2023. The overall Swedish car market saw a general contraction, with total new registrations across all drive types falling by 7% to 269,582 vehicles.

Vay, a German remote driving company, announced plans to expand its presence in Las Vegas by increasing its fleet to 100 vehicles by the end of the year. The announcement coincides with CES 2025, where the company highlighted its progress since launching U.S. operations a year ago.

British battery startup Nyobolt has cautioned that it may run out of funds by March unless it secures additional investment. The University of Cambridge spin-off, which raised £50 million in 2022, is seeking fresh financing to stabilize its financial position.

Wallbox has announced that its bidirectional charger, Quasar 2, has received product certification from UL Solutions in the United States. This certification makes Quasar 2 the first bidirectional charger to meet the required safety standards for DC EV chargers with a CCS1 connector, an important step for both the company and the electric vehicle (EV) industry.

Hyundai Motor and its affiliate Kia have set a new export record, shipping nearly 708,000 electrified vehicles (EVs) in 2024. Hyundai's IONIQ 5 led the charge, with over 68,000 units exported, making it the brand's top-selling EV in international markets.

Adams & Adams is an internationally recognised full-service corporate law firm, based in South Africa.

The 2025 Hyundai Ioniq 5, now featuring a native NACS (North American Charging Standard) port, has begun to make waves at Tesla Superchargers.

German technology supplier AVL has unveiled its new Digital Battery Passport, a cloud-based platform designed to enhance transparency and reporting throughout a battery's lifecycle. The innovative solution aims to support manufacturers, suppliers, and recyclers in meeting stringent EU regulations while promoting environmental and social sustainability.