The global “intelligent technology” subsidiary of Group Lotus will accelerate innovation and oversee the manufacture of three new Lotus premium lifestyle electric vehicles for global markets—two SUVs and four-door—and there’s a new electric sports car in the works for 2026.
The leading e-bike maker will use the new capital from Hillhouse and others to invest in its unique production and supply chain strategy as well as reinvent how its hardware and software components are made.
Joby is the first company to fly an electric aircraft as part of NASA’s Advanced Air Mobility National Campaign, which will analyze the noise footprint to inform the development of regulations for (and inspire public confidence in) emerging platforms like all-electric vertical takeoff and landing aircraft.
The next-generation robotaxi is based on the all-electric Ioniq 5, is Motional’s first commercial vehicle, and will be used in a driverless public ride-hail service starting with Lyft in 2023.
The lithium-ion, silicon-dominant, 4680 cylindrical-cell prototype, which can be fully charged in 10 min, marks another milestone on a roadmap to deliver mass-produced XFC batteries by 2024 and next-generation XED (extreme energy density) solid-state technologies in 2028.
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