FIMER, an established manufacturer of solar inverters, has entered the EV charging space with the launch of a new portfolio of residential and commercial chargers. The FIMER FLEXA AC Wallbox is a wall- or stand-mounted charger for residential applications. It comes in three different versions: Stand Alone, Future Net and Inverter Net. Each model has… Read more »
Oxfordshire tech company Saietta has won a grant through the UK’s Advanced Propulsion Centre (APC) to ramp up production of its Axial Flux Traction (AFT) motor. The APC research contract will enable Saietta to increase annual motor production capacity to 150,000 and enable the hiring of 150 to 250 engineers in the first round of… Read more »
The steady global spread of e-buses is one of the most exciting success stories on the e-mobility front. The latest news comes from Vietnam, where Chinese charging powerhouse Star Charge has partnered with VinBus, a subsidiary of Vietnamese conglomerate VinGroup, to launch fleets of electric buses in several cities. VinBus plans to operate a total… Read more »
Sponsored by TTI and TE Connectivity Automotive manufacturers have been building more electronic content into vehicles with powertrain electrification and increasingly sophisticated driver assist systems accelerating that trend. As a result, many sensor-driven control units with multiple printed circuit boards now have kilometers of new cabling and an exponential number of new connections all of which compete… Read more »
A group of state-owned companies in Indonesia will form a joint venture to produce Li-ion batteries. Partners in the new Indonesia Battery Holding joint venture include two mining firms: Mining Industry Indonesia (MIND) and PT Aneka Tambang; as well as state power utility Perusahan Listrik Negara (PLN), and state oil company Pertamina. Indonesia Battery Holding… Read more »
Lithium supplier Livent has announced its participation in a consortium to acquire the business and certain assets of Nemaska Lithium, located in Québec. Livent will invest in the company via a joint venture with The Pallinghurst Group. Livent has also extended its multi-year lithium hydroxide supply agreement with Tesla through 2021, and has committed to… Read more »
New York Governor Andrew M. Cuomo has announced a new investment of $11 million to subsidize the deployment of DC fast charging stations. The unimaginatively-named Direct Current Fast Charger program will be administered by the New York State Energy Research and Development Authority (NYSERDA). Its main goal is to scale up charging infrastructure in areas… Read more »
Ultracapacitor manufacturer Skeleton Technologies has announced the completion of a €41.3-million financing round. All the company’s existing investors participated in the equity raise, and were joined by European entrepreneurs and international investors. Skeleton CEO Taavi Madiberk said, “The roadmap to zero emissions needs innovation and a mix of enabling technologies. Ultracapacitors are a key enabler for… Read more »
S&P Dow Jones Indices has announced that Tesla will be added to the benchmark S&P 500 index. “TSLA will be added to the S&P 500 effective prior to the open of trading on Monday, December 21, to coincide with the December quarterly rebalancing effective date,” the financial institution drily proclaimed. The California carmaker’s market cap… Read more »
Nissan has become the latest automaker to announce a regional phase-out of gas-only cars (Honda recently announced it would sell only hybrids and EVs in Europe after 2022). Now Nissan says all models sold in China will be either electric or hybrid by 2025. The Japanese automaker will introduce nine electrified (EV or hybrid) models… Read more »
