Switzerland-based Neural Concept, which is developing an engineering intelligence using 3D deep learning for product design, has raised $27 million in a Series B funding round. The round was led by Forestay Capital. Investment and technology development firm D. E. Shaw and existing investors Alven, CNB Capital, HTGF and Aster Group also participated. The round follows… Read more »
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STMicroelectronics to build SiC facility for EV power devices and modules in Italy
Switzerland-based semiconductor manufacturer STMicroelectronics plans to build a new high-volume silicon carbide (SiC) manufacturing facility for power devices and modules, as well as test and packaging, alongside its SiC substrate manufacturing facility in Catania, Italy. The two facilities will form ST’s Silicon Carbide Campus, fulfilling the company’s strategy to create a fully vertically integrated manufacturing… Read more »
AMPECO expands across Europe and the US with strategic hires
Global EV charging management software provider AMPECO is having a growth spurt. The company raised $16 million in new venture capital in 2023, which it’s using to further accelerate its growth. Over the past year, AMPECO has expanded its footprint across more than 50 global markets, practically doubling in size—its white-label clients now manage some… Read more »
Swiss firm Designwerk presents container-sized Mega Charger for commercial EVs
Designwerk Technologies, based in Winterthur, Switzerland, has developed a new DC fast charging station for commercial EVs that’s packaged in a container format. After a year of development, the company has now presented the new charger to some 80 industry experts. Designwerk’s Mega Charger is a battery-buffered charging station with two CCS charging points, each… Read more »
Volvo receives order for up to 1,000 electric trucks
Volvo Trucks has signed a letter of intent to sell 1,000 electric trucks to Swiss building solution provider Holcim by 2030. The deal is the largest commercial order to date for Volvo electric trucks, and the first 130 units will be delivered in 2023 and 2024 to markets including France, Germany, Switzerland and the UK…. Read more »
Designwerk develops HIGH CAB Semi Lowliner battery cells
Designwerk Technologies, an engineering company in Switzerland, is developing a lithium iron phosphate (LFP) battery cell to power the electric HIGH CAB Semi Lowliner 4x2T by 2024. Designwerk claims that LFP batteries offer a high number of charge cycles, extended service life and minimal height. The company’s LFP high-voltage battery systems feature 141 Wh/kg specific… Read more »
Volkswagen’s charging network now spans 27 countries
Volkswagen’s charging and energy brand Elli now offers access to 400,000 public charging points operated by more than 800 providers in 27 countries across Europe. The company says its network has doubled in size over the past 18 months, most recently by the addition of 24,000 Vattenfall charging stations in Germany, the Netherlands, Norway and… Read more »
SK On signs 5-year lithium hydroxide supply deal with SQM
Battery manufacturer SK On has signed a lithium hydroxide supply deal with Chile’s SQM. The terms of the agreement will enable SK On to purchase up to 57,000 tons of lithium hydroxide over the course of five years starting in 2023—enough to produce batteries for approximately 1.2 million EVs. Obtaining lithium from SQM will help… Read more »
Universal Tesla Supercharger access is gradually creeping across Europe
Tesla is gradually expanding its pilot program to open up its Superchargers to non-Tesla EVs. With the recent addition of Italy, the program now covers most of Western Europe. The pilot began in November 2021 with 10 Supercharger stations in the Netherlands. Since then, the program has been expanded to Norway, France, the UK, Spain, Sweden,… Read more »
Hyundai fuel cell trucks won’t be using green hydrogen after all
Governments around the world are dedicating taxpayer money to hydrogen projects, and these are invariably presented as using green hydrogen (produced by electrolysis using renewable energy). Hydrogen detractors often warn that, once these projects are funded, green hydrogen, which isn’t yet available at any scale, will prove impractical, and boosters will quietly switch to grey… Read more »
