Sion Power, a developer of next-generation batteries for EVs, has secured $75 million in a Series A funding round led by battery manufacturer LG Energy Solution. Sion Power will use the funding to validate its Licerion technology technically and commercially. The company plans to build a fully automated line to make large-format lithium metal cells… Read more »
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EST-Floattech secures €4 million investment for its maritime battery systems
Dutch developer of maritime battery systems EST-Floattech has received an investment of €3 million from Energy Transition Fund Rotterdam and a joint investment of €1 million from existing shareholders Rotterdam Port Fund, PDENH, Ponooc and Yard Energy. The investment will allow the company to continue growing nationally and internationally. EST-Floattech develops and produces lithium-ion battery… Read more »
Video: Electric F-250 showcases Schaeffler’s EV components
Everyone seems to be getting into the EV game these days. Does the German automotive supplier Schaeffler have dreams of becoming the next Tesla? Well, not exactly. Yes, the company built an electric version of the Ford F-250 pickup truck, and yes, it’s a pretty cool ride. But the real point, as Scott from Schaeffler… Read more »
2024 Dodge Charger Daytona: the ‘Brotherhood of Muscle’ goes electric
The Charger sedan and Challenger coupe exuded testosterone, courtesy of snarling V-8s. Dodge says the EVs that replace them will be just as noisy. The 2024 Dodge Charger Daytona is a Detroit anomaly: it’s a passenger car in an age of trucks and SUVs, it’s battery-electric when U.S. makers seem to be in an EV… Read more »
Schaeffler invests $230 million in new automotive manufacturing facility in Ohio for EV products
Global motion technology company Schaeffler plans to expand its US operations with the addition of a new manufacturing facility focused on producing automotive electric mobility solutions. Schaeffler will invest over $230 million to build a new greenfield manufacturing facility in Dover, Ohio, and is also planning future expansions in the state. Construction of the new… Read more »
Amperesand’s solid-state transformers could help break electric grid bottlenecks
Here’s a story we hear often: a CPO or fleet operator wants to deploy a large-scale EV charging facility, but the project is delayed for months or years because the local utility is waiting for the necessary transformers to be delivered. (Two out of two subjects of infrastructure articles in our current print issue—XCharge’s Alex… Read more »
Curbside charger maker Trojan Energy secures £26 million in investment
On-street EV charger manufacturer Trojan Energy, based in Aberdeen, Scotland, has secured £26 million in investments to facilitate its growth plans—£8 million from UK growth capital investor BGF and £18 million from the Scottish National Investment Bank. Trojan Energy, which manufactures its units in Aberdeen, currently has 600 on-street charge points in operation in the… Read more »
The Mobility House to lead project to provide electric school bus bidirectional charging infrastructure
The Clean Transportation Program of the California Energy Commission (CEC) has awarded a $2.9-million grant to a project team led by California V2G technology company The Mobility House for the installation of 12 bidirectional chargers at four California schools in the Pittsburg, Fremont and Napa unified school districts. The Replicable V2X Deployment for Schools (RVXDS)… Read more »
Firstgreen’s new electric skid steer loader
In the beginning stages of a technological transformation, the new tech tends to conquer the best use cases first. Regular Charged readers will be familiar with EV-friendly applications such as drayage trucks, delivery vans, school buses and suburban yuppies, but here’s one you may not have heard of: skid steer loaders. A skid steer is… Read more »
DOE releases $131 million in funding for EV batteries and other transport-related projects
The latest round of funding to be announced by the US Department of Energy’s Vehicle Technologies Office includes support for a wide range of projects designed to advance low-carbon transportation technologies, including several EV-related initiatives. A big chunk of the money—$60 million—will go to the United States Advanced Battery Consortium to further develop pre-competitive vehicle-related… Read more »