Rivian is targeting the sporty set with its upcoming R1T pickup truck and R1S SUV. The company understands the importance of public charging infrastructure, and it plans to roll out its own network—one that will cater to its target demographic. In addition to fast chargers located in the usual locations along interstate highways, the Rivian… Read more »
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FedEx to electrify its delivery fleet by 2040
FedEx has announced a goal to achieve carbon-neutral operations by 2040. The delivery giant will invest $2 billion in vehicle electrification, sustainable energy and carbon sequestration. By 2040, FedEx says its entire parcel pickup and delivery (PUD) fleet will consist of electric vehicles. The goal will be met through phased programs to replace existing vehicles—by… Read more »
Volta selects Meritor to supply electric drivetrains
Volta Trucks has selected Meritor to supply drivetrain components for the Volta Zero. This will support the delivery of Volta Zero vehicles for customer trials during 2021, and the start of series production in 2022. The company says its Volta Zero will be the first fully-electric large commercial vehicle in Europe to use an eAxle… Read more »
EnergyHub partners with Potomac Edison to incentivize off-peak EV charging
EnergyHub, a provider of distributed energy resource (DER) solutions for utilities, is providing incentive management and secure data collection capabilities for Potomac Edison’s EV Driven charging station program. Potomac Edison, a subsidiary of FirstEnergy, serves about 270,000 customers in seven Maryland counties. EV Driven is a five-year pilot program that offers Potomac Edison customers rebates… Read more »
Ford CEO: US government needs to support domestic battery production
Ford CEO Jim Farley says the US government needs to support domestic battery production and the rollout of public charging infrastructure. “We need to bring large-scale battery production to the US,” Farley said at a recent financial conference, adding that he planned to bring up the issue in upcoming talks with government leaders. The coming… Read more »
Oshkosh partners with Microvast to strengthen electrification capabilities
Oshkosh, a maker of specialty trucks and equipment, has announced an investment in Microvast, a provider of battery technologies for commercial and specialty EVs. Oshkosh will make a $25-million private investment in public equity, or PIPE, in Microvast, which announced a merger with Tuscan Holdings on February 1. Oshkosh and Microvast have also entered into… Read more »
An innovative testing solution to improve the efficiency of EV batteries/EVSE
Sponsored by ITECH Electronics In the new era of e-mobility, an electrification ecosystem is being gradually established. Engineers meet the challenges every day in the research of various new technologies and verification of different electric devices. How do you make the design more feasible, reliable, and safer? ITECH provides you with innovative test and measurement… Read more »
New report assesses the state of the global battery market
In its latest biannual report, Adamas Intelligence provides an overview of the global EV market over the past half-year (2020 H2) and its implications on the battery and battery materials supply chains. Among the findings: In 2020 H2, global passenger EV registrations grew by 58% versus the same period the year prior, amounting to 3.53… Read more »
As ChargePoint debuts on the NYSE, investors ponder the prospects of charging infrastructure providers
ChargePoint Holdings, one of the largest players in the EV infrastructure field, has gone public through a business combination with Switchback Energy Acquisition. The company now trades on the New York Stock Exchange under the symbol CHPT. In honor of the historic moment, CEO Pasquale Romano got to (virtually) ring the NYSE opening bell. The… Read more »
Battery developer Enevate raises $81 million in Series E funding round
Enevate, a pioneer in silicon-dominant Li-ion battery tech, has secured $81 million in a Series E funding round led by Fidelity Management & Research. Existing investors Mission Ventures and Infinite Potential Technologies also participated. The latest round brings Enevate’s total funding to $191 million. Enevate will use the investment to significantly expand its pre-production line… Read more »