Search Results Found For: "DOE "

Saft wins $6-million grant for stop-start battery development

Saft America has received a $6.13-million award from the United States Advanced Battery Consortium (USABC), in collaboration with the DOE, to develop stop-start battery technology. The 30-month contract, which includes a 50% cost-share by Saft, will focus on the development and delivery of lithium-ion 12-volt modules for stop-start battery applications. Saft has previously worked with… Read more »

Another Chinese-backed startup announces plans for an electric supercar

New EV companies are cropping up like dendrites on a lithium metal anode. The latest startup to emerge from stealth mode is called NextEV. Like many of the current crop (see Faraday Future, Atieva, Fisker, Leshi), NextEV is backed by Chinese investors, and is not affiliated with a traditional automaker, although it has recruited execs… Read more »

Russian Prime Minister orders all gas stations to install EV charging stations

Well, that’s one way to get a charging network rolled out in a hurry. Russian Prime Minister Dmitry Medvedev has decreed that all gas stations must be equipped with public EV chargers by November 2016, the Moscow Times reported. Critics immediately pointed out the incongruity of such a sweeping measure in a country that is… Read more »

StoreDot says its battery tech charges 10 times faster

Put this one in the “If it can do what they claim, it really will be revolutionary” category. Israeli battery developer StoreDot says its EV FlashBattery can charge a 300-mile battery in 5 minutes – almost 10 times faster than today’s state of the art. In 2014, StoreDot demonstrated the FlashBattery, which it says can… Read more »

Tesla: cost of providing Supercharging “immaterial”

Stock-market pundits are all over the map when it comes to Tesla. One recently predicted that the EV-builder’s stock price is poised to double, thanks mostly to a new Uber-like business that, so far, exists only in said pundit’s writings. Another insists TSLA is heading for a crash, claiming that the company loses money on… Read more »

New process recycles rare earth element from scrap magnets

Rare earth elements, prized for their magnetic properties, are used in a wide range of modern technology, including advanced electric motors. Unfortunately, they are expensive, and some are available only from problematic parts of the world. To make it easier to recover and recycle rare earth minerals, the DOE’s Critical Materials Institute (CMI) has developed… Read more »

Analyst predicts Tesla will eat Uber’s lunch, doubling stock price

Does Tesla have a secret plan to disrupt yet another industry, maybe one that even Tesla doesn’t know about yet? Morgan Stanley analyst Adam Jonas is convinced of it, and believes that the potential profits will cause the TSLA stock price to double. On a recent media conference call, Jonas asked Elon Musk about Uber’s… Read more »

Survey: Automotive engineers don’t expect CAFE standards to be lowered

US automakers remain on track to meet the EPA’s Corporate Average Fuel Economy (CAFE) standard, which will mandate average fuel economy of 35.5 mpg by 2016, and 54.5 mpg by 2025. However, average fuel efficiency is in danger of slipping, as WardsAuto reports, not because carmakers aren’t building gas-sipping vehicles, but because US consumers aren’t… Read more »

Tesla trims projected production, stock stumbles

For Tesla, a quarterly earnings announcement often triggers a drop in the stock price, because nothing less than spectacular success can justify the company’s sky-high valuation. This time, the Seers of Silicon Valley really did disappoint, saying they expect to deliver “50,000 to 55,000” vehicles this year, backing off an earlier target of 55,000. Punishment… Read more »