🏎️Electric Aspark Owl Shatters...

Receive the latest updates directly in your inbox and do not forget to click subscribe! This Thursday’s edition of Mobility EVo brings you news including:

• Aspark Owl Hypercar destroyed the Rimac Nevera's top speed record
• IONNA selects Durham, North Carolina as its HQ
• Rundown of what Tesla has achieved since 2018
• More than $1 billion in EV tax credits issued
• Ferrari is set to launch its first electric car in late 2025

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“Consider well the proportion of things: it is better to be a young June bug than an old bird of paradise.”

— Mark Twain

EV Charging Infrastructure Summit

Organized by the Smart Grid Observer, the 5th EV Charging Infrastructure Summit - North America, July 15-17, 2024 in Chicago, convenes top industry experts and utility professionals to examine how growing EV adoption rates will impact the network, and what investments are needed to ensure grid stability and benefit. Case studies of current utility programs and deployments will be discussed with an eye toward refining strategies, identifying technologies, and implementing business models that will ensure widespread EV adoption is optimized for all parties involved.

Top EV News Stories Powered by EV.Careers

1. Japanese engineering firm, Aspark has set a new world record for EV top speed with its Owl electric hypercar, reaching 272.61 mph on June 8, 2024, surpassing the previous record held by Rimac's Nevera.
2. IONNA has selected Durham, North Carolina as its global headquarters.
3. Under Elon Musk's leadership, Tesla has achieved milestones such as hitting significant production rates for various models, launching new products like the Cybertruck and Optimus, expanding globally with new Gigafactories, achieving record financial performance, and making advancements in energy storage and FSD technology from 2018 to 2024.
4. The federal government has issued over $1 billion in upfront tax credits for new and used electric vehicles since January 1, 2024.
5. Ferrari is set to launch its first electric car in late 2025, promising an authentic Ferrari sound despite abandoning the combustion engine, aiming to evoke distinct emotions compared to its current models.
6. Audi will invest $1.08 billion in EV projects in Mexico's Puebla state, creating 500 new jobs and aiming to make the state a hub for electric vehicles.
7. In Q1 2024, ZEEKR delivered 33,059 vehicles (up 117% YoY) with revenues of $2.035 million (up 71% YoY).
8. The EU is expected to announce a provisional increase in tariffs on Chinese electric vehicles from the current 10% to potentially 25-30% or even 30-50%.
9. Li Auto plans to launch its Level 3 automated driving system, enabling hands-free, eyes-off driving under certain conditions, within the next 12 months as it transitions to an end-to-end neural network architecture.
10. Since February, about 2,200 Minnesotans have received rebate checks for EVs, part of a state program offering up to $2,500 for new EVs and $600 for used ones, with over 5,800 applications received as of this month.
11. Lithium mining is pivotal in the development of EVs, renewable energy storage, and consumer electronics, driving a global market expected to reach $9.1 billion by 2028.

A New Record

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