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The Tech

Vision Marine and Octillion to develop batteries for recreational boating market

Vision Marine Technologies (NASDAQ: VMAR) has partnered with battery supplier Octillion Power Systems to develop a custom high-voltage 35 kW battery pack exclusively for use in the recreational boating market. Octillion will manufacture a new battery system to power Vision’s E-Motion outboard powertrain, which features a 180 hp motor. The configuration of the battery pack… Read more »

Battery developer StoreDot raises $80 million in Series D funding

Israeli battery developer StoreDot has raised up to $80 million in a Series D funding round that included Vingroup, bp ventures and Golden Energy. It will use the funding on research and development as well as mass production of its Extreme Fast Charging (XFC) battery cells by 2024. According to StoreDot, its research and development… Read more »

Keliber to use government grant to manage analcime sand lithium by-product

Finnish mining and battery chemical company Keliber Technology has been granted up to €7 million [$7.9 million] in funding from Business Finland, some of which will be used for equipment to manage the analcime sand by-product of its planned lithium plant at Kokkola Industrial Park. Keliber plans to use the plant’s side stream of analcime… Read more »

Magna’s EtelligentReach electric powertrain leverages software to deliver increased range

Magna’s new all-electric connected powertrain, the EtelligentReach, consists of two electric motors, inverters and gearboxes, and uses software to maximize vehicle range and driving dynamics. It will be deployed on “a new entrant vehicle in 2022.” Magna says “eDrive technology advancements and the holistic vehicle development approach of the EtelligentReach” can achieve a range increase… Read more »

How Tesla’s in-house software helped it weather the chip shortage

For months, the auto industry has been crying the blues, as a shortage of computer chips forced it to suspend production, in some cases for months, leading to empty dealer lots and skyrocketing prices. But one company seemed to sidestep the whole crisis—Tesla has been breaking records quarter after quarter, and sold nearly twice as… Read more »

Northvolt assembles first battery cell at factory in northern Sweden

Swedish battery manufacturer Northvolt has assembled the first battery cell at its Northvolt Ett gigafactory in northern Sweden. According to Northvolt, the prismatic cell is “the first to have been fully designed, developed and assembled at a gigafactory by a homegrown European battery company.” The company developed the cell at its factory in Västerås, Sweden,… Read more »

Lightning eMotors reveals all-new Lightning eChassis for commercial EVs

Commercial EV builder Lightning eMotors (NYSE: ZEV) has introduced an all-new rolling chassis purpose-built for commercial EV applications. The Lightning eChassis, which was developed in collaboration with Mexican automotive supplier Metalsa, will be available for Class 4 and Class 5 commercial electric chassis cab, stripped chassis and cutaway chassis configurations. The design accommodates different battery… Read more »

Eaton buys EV connector manufacturer Royal Power Solutions for $600 million

Eaton has acquired US-based Royal Power Solutions for $600 million. “Growth opportunities tied to the electrification of our economy are accelerating, and Eaton is fully participating through our mobility and electrical businesses. The addition of Royal Power Solutions enhances our ability to capitalize on this secular growth trend across our eMobility, aerospace and electrical businesses,”… Read more »