The Tech

Battery storage companies raised $1.4 billion in first half of 2019

Battery storage companies raised $1.4 billion in 17 deals during the first half of 2019, according to a report from Mercom Capital Group. That figure is up 139 percent from H1 2018, during which companies raised $543 million in 30 deals. There were six battery storage mergers and acquisitions in H1 2019, compared to eight… Read more »

Sumitomo and Kansai University develop technology to generate power from static electricity in tires

Sumitomo and Professor Hiroshi Tani of Kansai University have developed a new technology to generate electricity from the rotation of a tire. By installing a power generating device (or Energy Harvester) inside a tire, researchers were able to convert static electricity into clean energy. The new device, which Sumitomo calls the ‘SMART TYRE CONCEPT’, takes… Read more »

BMW doubles battery production capacity at its South Carolina plant

BMW has doubled its production capacity of high-voltage batteries at its plant in Spartanburg, South Carolina. The battery facility now produces new fourth-generation batteries for the plug-in hybrid models of BMW’s new X5 and its future X3, both of which are also produced in Spartanburg. In the past four years, the plant’s battery assembly team… Read more »

ZF launches electric two-speed drive

German parts maker ZF has launched a two-speed electric axle drive system for passenger cars. The drive, which integrates an electric motor with a shift element and power electronics, is compatible with standard-sized and compact cars. The modular design enables it to be scaled up for sports vehicles, according to the company, allowing manufacturers to… Read more »

Canada launches $4.5-million challenge to accelerate battery innovation

The Canadian government has announced a new $4.5-million challenge aimed at accelerating made-in-Canada battery innovation to better position the country in the global market. The Charging the Future Challenge will help accelerate the most promising Canadian battery innovations from lab to market. During the 18-month challenge, five finalists will pitch their concepts to a jury… Read more »

Protean’s corner module concept includes motor, suspension and 360-degree steering

In-wheel motor pioneer Protean Electric has introduced a new ‘corner module’ concept that integrates a vehicle’s powertrain, steering and suspension within a single product. The new Protean360+ module offers a limitless 360-degree steering capability combined with suspension, pneumatic ride-height control, and a ProteanDrive in-wheel electric motor. The 360-degree steering capability is made possible by a… Read more »

Hyperdrive opens new battery manufacturing facility in UK

UK-based battery maker Hyperdrive Innovation has opened the doors to HYVE, a new battery manufacturing facility at the company’s Sunderland UK home base. Hyperdrive says the new facility will allow it to produce up to 30,000 battery packs annually. Since moving to Sunderland in 2014, the company has invested £7 million in its manufacturing capabilities…. Read more »

Volvo and Samsung SDI partner on battery packs for electric trucks

Volvo and Samsung SDI have partnered to develop battery packs for Volvo’s electric trucks. Samsung SDI will provide battery cells and modules. In December, Volvo announced plans to demonstrate its VNR electric regional-haul truck in 2019. The company has eyed commercialization in 2020. Volvo President and CEO Martin Lundstedt said, “With electromobility, the increasing needs… Read more »