Global automakers are planning an unprecedented level of investment to develop electrified vehicles and procure batteries over the next five to 10 years, according to a Reuters analysis of public data. Carmakers have announced plans to spend at least $300 billion on electrification projects. The lion’s share – some $136 billion – will be directed… Read more »
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SK Innovation announces new battery manufacturing plant in Georgia
Battery developer SK Innovation plans to invest $1.67 billion to build a new EV battery manufacturing plant in Georgia. The new plant will be located in Jackson County, Georgia, and is expected to create more than 2,000 jobs. Construction will occur in two phases, beginning in early 2019. The SK Group already has significant investments… Read more »
Tesla’s back! Q3 earnings report includes record revenue and healthy profit
Those of us who saw past the tweets and the alarmist headlines were expecting good news from Tesla’s third-quarter earnings report, as it became apparent that demand for Model 3 remains robust as the company emerges from production hell. However, even most true believers were expecting a small loss, or perhaps a nominal profit. Instead,… Read more »
Solid Power announces $20 million in Series A funding
Colorado-based Solid Power, a manufacturer of all solid-state batteries (ASSB), has secured $20 million in a Series A investment round. Investors include Hyundai CRADLE, Samsung Venture Investment, Sanoh Industrial, Solvay Ventures, and A123 Systems. Solid Power will use the new funds to scale up production via a multi-MWh roll-to-roll facility, which is to be built… Read more »
Prius Prime Advanced: the prince of PHEVs
Looking for an objective review of the Toyota Prius Prime Advanced? Sorry, you’ll have to look elsewhere. I’m one of “the pious” – annoying Prius drivers who sing the praises of our favorite hybrid vehicle to anyone who will listen. I’ve owned three Prii (and yes, replaced batteries on two), and this is a completely… Read more »
A closer look at DC-DC converters
As far as we know, all EVs in production by major automakers use a conventional lead-acid battery for the 12 V system (surprising, but true – more on why in a bit) and this battery needs charging, just as it does in an ICE vehicle. While you could hang an alternator off the traction motor… Read more »
2019 Jaguar I-PACE: An apex brand pounces on the electric crossover scene
Believe it or not, we may have a BEV SUV turf war on our hands. Many of the major automakers have announced plans to produce all-electric crossovers, including Mercedes, Volvo, Hyundai, Kia and Volkswagen – not to mention the onslaught startups like SF Motors, Faraday Future, Byton and Rivian. The all-electric Audi e-tron SUV is… Read more »
Southern California Edison proposes to install 48,000 more charging points
The Charge Ready network, launched two years ago as a pilot program by Southern California Edison (SCE), recently installed its 1,000th charging station. Now SCE has filed a plan with the California Public Utilities Commission to invest $760 million to expand the program to 48,000 (!) more charging points. Most of the charging stations added… Read more »
Automakers and state governments cooperate on ad campaign for EVs
A lack of advertising is often cited as a main reason for the slow pace of EV adoption, so it’s welcome news that a consortium of automakers and Northeast states intends to cooperate on an EV ad campaign. The Drive Change Drive Electric campaign, launched at the recent New York International Auto Show, will focus… Read more »
South Korea to officially adopt CCS fast charging standard
The war is winding down. After years of conflict between the CHAdeMO and CCS DC fast charging standards, it’s beginning to look as if CCS is destined to be the ultimate victor, at least outside of Japan. Business Korea (via Green Car Reports) reports that the South Korean Agency for Technology and Standards plans to… Read more »