The difficulty of starting up a car company, and the unlikelihood of anyone duplicating Tesla’s success, are so well known as to require no repetition here. Suffice it to say that Faraday Future’s recent colorfully-worded announcement that it intends to bring a new EV to the market has been greeted with predictable skepticism. However, the… Read more »
Search Results Found For: "tesla"
Volkswagen working on automated DC charging
EV drivers are demanding more range, and automakers are responding. However, as several observers have noted, this will introduce a new set of challenges. Better batteries can hold more energy, and consumers certainly don’t want longer charging times, so higher charging power levels will be required. That, in turn, will require thicker (or perhaps liquid-cooled)… Read more »
Proterra CEO on the economics of the electric bus business
Venture capitalists assume a large amount of risk when they invest in early-stage companies. They do so because of the potential for huge returns. To ensure that a portfolio of investments delivers the greatest return with the least risk, VCs spend a considerable amount of time evaluating companies, looking for the key ingredients of success…. Read more »
NRG EVgo on the move: Its DC fast charging network passed major milestones (Full Interview)
Q&A with Arun Banskota and Brendan Jones. In the past year, the NRG EVgo network has quietly passed some major milestones in the EV charging industry. The company now has more public DC fast charging sites than anyone else – even more than Tesla’s vast Supercharger network. EVgo also has the highest number of CHAdeMO and… Read more »
Canadian study: Government initiative needed to boost EV use
A team of researchers from Canada’s Simon Fraser University have published a report that paints a pessimistic picture of EV adoption in the Great White North, at least in the short term. “Electric vehicles are not likely to make up more than one percent of vehicle sales in the next decade and no more than… Read more »
BorgWarner to buy motor-maker Remy International for $950 million in cash
Global auto parts supplier BorgWarner (NYSE:BWA) has agreed to buy motor manufacturer Remy International (NASDAQ: REMY) for about $950 million in cash. The offer of $29.50 a share represents a 44% premium to Remy’s Friday closing price. The deal is expected to close in the fourth quarter of 2015. Both companies have histories in the… Read more »
Chinese auto parts giant invests $1.6 million in wireless charging pioneer Evatran
Evatran, the developer of the Plugless wireless Level 2 charging system, has received a strategic investment of $1.6 million from Zhejiang VIE, a Chinese Tier 1 auto parts supplier. The investment is the first phase of a partnership between the two companies to introduce wireless charging to China, potentially the world’s largest EV market. Evatran… Read more »
Chevy Bolt EV on its way to the masses – not the elite
True to its namesake, the Chevy Bolt EV seems to be moving through the pipeline at an impressive speed, at least by auto-industry standards. The company recently revealed that it has built 55 pre-production Bolts, which are handily delivering the desired 200 miles of range. GM also announced that it will invest $245 million and… Read more »
DOE report examines opportunities for US battery manufacturers
Asia currently dominates automotive lithium-ion cell production – it controls around 79% of the market. However, a recent report by the DOE’s Clean Energy Manufacturing Analysis Center (CEMAC) found that the US has a growing opportunity in the industry, which is expected to swell from the current $9 billion to $14.3 billion by 2020. The… Read more »
MobileBattery can boost EV range and provide home back-up power
Germany-based Nomadic Power has received a €2-million grant from the European Commission for its MobileBattery system, which features a trailer-mounted battery pack that can be towed behind an EV to boost range, and also serve as a residential back-up power source when stationary. The Nomad mobile battery comes in several sizes, with capacities from 40… Read more »