Newswire

Webinar: Simplified EV battery and fuel cell testing with regenerative DC loads

Simplified, cost-effective testing of EV batteries and fuel cells with regenerative DC electronic loads, and bidirectional DC power supplies that incorporate them, can return up to 96% of the energy absorbed by the load to the power grid. This energy-conscious approach to test saves utility costs and HVAC costs, reduces cooling fan size and noise,… Read more »

Oil giant Phillips 66 makes strategic investment in battery material supplier Novonix

Multinational oil giants are beginning to invest in companies in several different sectors of the EV industry. Phillips 66 has announced plans to acquire a 16% stake in Novonix, a supplier of materials, equipment and services for the battery industry. Phillips 66 will reportedly pay a total purchase price of $150 million, and will nominate… Read more »

Tesla says fire incidents are 11 times lower for its vehicles than for the average US vehicle

A vehicle catching fire is no more newsworthy than a dog bite—unless of course it’s an EV that goes up in flames. Tesla, which suffered a spate of bad publicity following three highly-publicized vehicle fires in 2013, wants to set the record straight. In its 2020 Impact Report, the company presents data to demonstrate that… Read more »

Nuvve and Blue Bird use Fleet-as-a-Service leasing model for V2G-equipped electric school buses

Nuvve Holding (Nasdaq: NVVE), the developer of a proprietary vehicle-to-grid (V2G) platform, and iconic school bus manufacturer Blue Bird (Nasdaq: BLBD) plan to use the financing resources of Levo Mobility to allow customers to lease V2G-enabled electric school buses, charging infrastructure and energy management for a flat monthly fee. Levo Mobility is a joint venture… Read more »

Proterra and LG Energy Solution sign long-term battery cell supply agreement

Commercial EV innovator Proterra (NASDAQ: PTRA) has formed a new agreement with LG Energy Solution to provide a long-term supply of cylindrical battery cells, to be manufactured at a new LG Energy Solution plant in the US. LG will deliver cells to Proterra’s factories for the manufacture of the company’s commercial EV battery systems. Proterra… Read more »

EvGateway and Ampcontrol to provide Revel with smart charging software

Revel’s bright blue electric scooters, and now its bright blue Tesla taxis, have become high-visibility features of the New York City streetscape (the rideshare provider also operates in Washington DC, Miami and San Francisco). Now Revel has selected software vendor Ampcontrol and network infrastructure provider EvGateway to supply a software solution to optimize charging at… Read more »

Niron Magnetics raises $21 million to commercialize rare earth-free magnets

Niron Magnetics has raised $21.3 million in new financing from the Volvo Cars Tech Fund and Volta Energy Technologies. Existing investors include Anzu Partners and the University of Minnesota. Niron will use the funding to build a pilot production facility in Minnesota. Niron’s Clean Earth Magnet technology eliminates the need for rare earth minerals in… Read more »

LiquidPiston runs hybrid X-Engine on hydrogen

LiquidPiston has released a video with Warped Perception demonstrating its X-Engine’s ability to run on hydrogen gas. This is the sixth fuel variation that has been shown to power the engine, along with gasoline, propane, kerosene, diesel and jet A fuel. LiquidPiston modified its 4.5-pound X-Engine to run on hydrogen. The engine was then installed… Read more »

LG Electronics and Magna announce powertrain joint venture

LG Electronics and Magna International have established a joint venture to manufacture e-motors, inverters and on-board chargers. The new company, LG Magna e-Powertrain, will be headquartered in Incheon, South Korea, and is expected to have more than 1,000 employees in the US, South Korea and China.  Powertrain development will be based on Magna’s electric powertrain… Read more »