Colorado-based UQM Technologies, a manufacturer of electric motors, generators and power electronic controllers, has closed on a $5.3-million offering of stock and warrants to institutional investors. The company plans to use the new funds for potential joint ventures, capacity expansion in new regions, and working capital for new business opportunities that are currently being pursued…. Read more »
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Colorado-based UQM Technologies, Inc. (NYSE MKT: UQM) has added the PowerPhase HD 250 to its line of components for heavy-duty EVs. This system consists of a permanent magnet motor/generator and a DSP-based controller, and is designed for high-voltage electric and hybrid vehicles, including heavy commercial truck, transit bus and marine applications. “The PowerPhase HD 250… Read more »
Chinese EV-maker BYD has been in the news lately, selling its electric buses to transit authorities in cities around the world. Alas, the ride in a city bus, regardless of its powertrain, is seldom as smooth as one would wish. In March, the Long Beach Transit Board approved a $12.1 million contract to purchase 10… Read more »
Now that Tesla has made EVs cool, most of the “car guys” are more or less grudgingly acknowledging their existence. But Jay Leno has been a serious electrification advocate all along. In previous episodes of Jay Leno’s Garage, he has featured not only the Model S, but the Mission R electric motorcycle, an electric truck… Read more »
Chinese EV maker BYD has purchased a facility in Lancaster, California, to house its electric bus manufacturing operations. The plant was formerly operated by Rexhall Industries, a maker of RVs. Several Rexhall employees, including company CEO William Rex, will stay on as the plant makes the transition to BYD ownership. According to BYD, the manufacturing… Read more »
Wireless charging is one of the hottest topics in the EV world these days. Several companies have systems on the path to commercial availability. Evatran has plans to sell aftermarket systems that will work with popular plug-in models such as the LEAF and the Volt. Qualcomm is using its London trial as a test bed… Read more »
Microvast is the largest battery company you’ve probably never heard of. That’s because they are their own best customer. Instead of pitching their proprietary lithium–titanate technology to vehicle builders, the company identified a well-suited niche for their batteries and set out to demonstrate a sustainable model. Primarily a research and development focused chemical company, Microvast… Read more »