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Mullen Technologies receives letter of intent for purchase order of 1,500 MX-05 EVs

Green Car Congress

an emerging EV manufacturer, has executed a non-binding Letter of Intent with Unlimited Electrical Contractors Corp (UEC) to enter definitive agreements for the purchase of up to 10,000 MX-05 electric vehicles. The initial purchase order is estimated at $75 million. Mullen Technologies Inc., Earlier post.)

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Fisker and Magna enter into definitive agreements for production of Fisker Ocean EV

Green Car Congress

has entered into definitive “operational phase” platform-sharing and initial manufacturing agreements with Magna International Inc., Fisker Inc. which clarify and finalize key aspects of the framework agreement previously announced on 15 October 2020. Earlier post.).

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Will definitive tariffs on BEVs built in China be a blessing or a curse?

Baua Electric

On 29 October 2024, the European Commission published definitive tariffs on BEVs built in China and imported into the EU. Investigation informs tariffs Following EU member approval , carmakers producing BEVs in China will be subject to varying definitive tariff levels. Are tariffs a blessing or a curse?

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J.D. Power: Majority of EV owners are intent on purchasing another one in the future

Green Car Congress

Among the early adopters who own an EV, 82% say they “definitely will” consider purchasing another in the future, according to the inaugural J.D. However, satisfaction with the current ownership experience is a key influencer for whether owners will purchase the same brand of EV again.

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VivoPower Completes $120M Definitive Canadian Distribution Agreement for Tembo Electric Light Vehicles

EV Obssesion

intends to purchase 1,675 electric vehicle conversion kits over five-plus years, marking VivoPower’s second major distribution agreement for Tembo e-LV products. VivoPower has signed a definitive agreement with Canadian industrial equipment distributor Acces Industriel Mining Inc.

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Walmart to Purchase 4,500 Canoo Electric Delivery Vehicles to be Used for Last Mile Deliveries

Electric Cars Report

Walmart has signed a definitive agreement with Canoo, a high-tech advanced mobility company, to purchase 4,500 all-electric delivery vehicles, beginning with the Lifestyle Delivery Vehicle (LDV), with the option to purchase up to 10,000 units.

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Gevo signs definitive supply agreement with HCS Holding for commercial supply of renewable isooctane

Green Car Congress

has entered into a definitive supply agreement with HCS Holding GmbH (HCS) to supply renewable isooctane ( earlier post ) under a five-year offtake agreement. The Supply Agreement has two phases: In the first phase, HCS will purchase isooctane produced at Gevo’s demonstration hydrocarbon plant located in Silsbee, Texas.

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