Lordstown Motors has completed its business combination with DiamondPeak Holdings, a special purpose acquisition company (SPAC). For those of you who haven’t been following the EV “stock market frenzy,” a merger with a SPAC is the currently fashionable way for a startup company to go public—it’s quicker and involves less paperwork than the traditional IPO…. Read more »
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The monster that wouldn’t die—varied reactions to GM’s electric Hummer unveil
EV fans tend to be divided into two groups: Greenies and Car Guys, and reaction to GM’s upcoming Hummer EV has, unsurprisingly, been divided along those lines. Hummer good Most of the media is ecstatic over the new machine. Many are praising its “bad-ass” looks (GM says it wanted to make it look “less military”… Read more »
GM’s renamed Factory ZERO to be retooled for all-EV production
GM has given its Detroit-Hamtramck Assembly Center a new role and a new name. The plant will henceforth be known as Factory ZERO, and will be retooled for the exclusive production of battery-electric vehicles. The new title is meant to evoke a future automotive world with zero emissions, zero crashes and zero congestion. There may… Read more »
New composite material increases current capacity to rev up EV efficiency and range
Scientists at Oak Ridge National Laboratory (ORNL) have used new techniques to create a composite that they claim increases the current capacity of copper wires, providing a new material that can be scaled for use in ultra-efficient, power-dense EV traction motors. The research is aimed at improving the performance and life of components such as… Read more »
ABB to deploy its new bi-directional charging technology for V2G kiosks in France
Swiss electronics giant ABB will supply its brand-new 11 kW bi-directional charging technology, specially designed for V2G, as part of a contract with France’s DREEV, a joint venture between Électricité de France (EDF) and intelligent charging specialist Nuvve. ABB’s solution, integrated with DREEV software, will enable EV drivers to export surplus power back to the… Read more »
Both candidates support EVs? Don’t you believe it.
During the recent presidential debate, Donald Trump falsely stated that he has “given big incentives for electric cars.” At least one credulous major news outlet took the bait, and ran a headline saying that Biden and Trump agreed on support for EVs. In fact, as everyone who follows the industry knows, nothing could be further… Read more »
Former Volvo Trucks exec launches electric truck startup
Patrick Collignon, former COO for Volvo Trucks North and South America, has launched a startup called Trova Commercial Vehicles. The new company, which is located at a business incubation center in Fairlawn, Virginia, offers customized engineering and manufacturing expertise for electric trucks. TrovaCV will offer its industrial model and manufacturing capability to other commercial vehicle… Read more »
Punch Powertrain and Groupe PSA launch electrification joint venture
Punch Powertrain and Groupe PSA have launched a new joint venture to design, manufacture, and supply Punch Powertrain’s DT2 dual-clutch transmission for the next generation of hybrids. The business will initially supply Groupe PSA’s global operations, and aims to eventually supply other vehicle manufacturers. Elias van Wijk, previously CTO of Punch Powertrain, was named CEO… Read more »
Ford says electric F-150 will be “a workhorse,” will begin production in mid-2022
Many believe the tipping point for EVs in the US will occur when a selection of electric pickup trucks hits the market. Now Ford, the prime purveyor of pickups, has announced that it is moving ahead with its plans to produce an electric version of the F-150, the nation’s bestselling vehicle. The Detroit Free Press… Read more »
Porsche Digital spins off e-mobility loyalty program as &Charge
Porsche Digital has spun off an e-mobility company called &Charge. The Frankfurt-based startup is offering what it calls the first loyalty program for e-mobility in Europe. It provides a digital platform through which users can obtain credit for their online purchases, which can be redeemed for electric mobility services. For purchases, bookings and other transactions… Read more »