Elon Musk, the entrepreneurial force behind Tesla Motors and SpaceX, who surely knows a thing or two about lithium-ion batteries, has offered unspecified aid to aviation giant Boeing, whose flagship 787 Dreamliner remains grounded after a pair of battery-related incidents. “Desire to help Boeing is real & am corresponding w 787 chief engineer,” Musk tweeted… Read more »
By improving the usage efficiency of electricity – for example, by cutting the amount used during peak usage times – the new system can cut the cost of electricity and gas used by half
Based on the internal-combustion Trumpchi GS5 SUV which was introduced in March of 2012, the new concept was jointly developed by GAC and California-based AC Propulsion.
Since the issue of premature battery capacity loss began to surface last May, Nissan has taken a number of steps to investigate the problem and reassure LEAF owners – it tested affected vehicles, established an independent board to improve communications, and even bought back a couple of LEAFs. Now the company has announced that it… Read more »
A recent Ford survey found that battery reliability ranks as the single most important consideration for potential hybrid customers – topping 17 other factors, including fuel economy and safety features.1
Nissan has announced the launch of the United States’ largest lithium-ion automotive battery plant in Smyrna, Tennessee. The first batteries produced at the plant have completed the required aging process and are ready to receive their first charges. The new facility, adjacent to the vehicle assembly plant where the LEAF is built, is part of… Read more »
Chinese auto parts firm Wanxiang is the proud owner of battery maker A123 Systems, having won this week’s bankruptcy auction with a bid of between $250 million and $260 million, according to the Wall Street Journal. Other bidders included Johnson Controls, NEC and Siemens. Wanxiang will not be buying the segment of A123 that provides… Read more »
A former GM exec who’s now filling a very different role as the CEO of a California startup, Mr P has learned that fund-raising is a never-ending process.
Fisker was forced to temporarily shut down production of its Karma luxury sedan due to A123’s troubles, and is hoping for a quick resolution.
The federal government will award up to $120 million over five years to establish an Energy Storage Hub led by Chicago’s Argonne National Laboratory.