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Search Results Found For: "Norway"

FREYR and Nidec sign cell supply agreement, form JV to develop battery modules and packs  

FREYR Battery (NYSE: FREY), a developer of battery cell production capacity, and Nidec, a Japanese firm that’s known for its small precision motors, have finalized an expanded sales agreement. FREYR will supply 38 GWh of battery cells to Nidec between 2025 and 2030 from FREYR’s Giga Arctic facility in Mo i Rana, Norway, which is… Read more »

World Rallycross racing championship goes electric

EVs have firmly established themselves in the racing world—Formula E has been delivering thrills for eight seasons now, and the more rough-and-tumble Extreme E is midway through its second season. Electric racers, both 4-wheeled and 2-wheeled, have distinguished themselves at the yearly Pikes Peak Hill Climb. Teslas have been shaking up the street racing subculture…. Read more »

IEA’s Global EV Outlook 2022 is packed with market info

Each year, the International Energy Agency releases a report that assesses the state of the EV market. The latest edition notes that EV sales “powered through 2021 and have remained strong so far in 2022,” but cautions that “ensuring future growth will demand greater efforts to diversify battery manufacturing and critical mineral supplies to reduce… Read more »

CharIN officially launches Megawatt Charging System for commercial EVs

Four years ago, the Charging Interface Initiative (CharIN), a global consortium with 280 members, including vehicle OEMs and EVSE manufacturers, established the Task Force for Heavy Duty Charging for Commercial Vehicles to develop a new standard for charging commercial EVs. Now CharIN has officially introduced the Megawatt Charging System (MCS), and demonstrated it using an… Read more »

Schaeffler aims for sustainable supply chain with rare earth contract

Electric drivetrain technology manufacturer Schaeffler has signed a five-year contract to purchase rare earth metals from REEtec in order to manufacture permanent magnets for the motors in hybrid modules, hybrid transmissions and e-axles. The contract is scheduled to begin in 2024. “In REEtec, Schaeffler has gained a highly innovative partner that uses a novel and… Read more »

Britishvolt wants to build battery gigafactories around the world

Battery “gigafactories” are under construction all over the world—and none too soon. As EV sales grow, it is critical to establish local battery production and shorten supply chains. However, state-of-the-art cell packaging and chemistries are evolving quickly these days. How will cell manufacturers future-proof their cell production facilities? How flexible will these new plants be… Read more »

Orlando pilot provides a blueprint for electrification of rental car fleets

A new report from a nonprofit called the Electrification Coalition details the lessons learned from a public-private partnership that tested the deployment of EVs in a large rental car fleet. The report shares key findings from the Drive Electric Orlando Rental Pilot, which incentivized travelers to rent EVs in Orlando, the largest rental car market… Read more »

Northvolt to purchase paper mill in Sweden for cathode and cell plant

Swedish battery manufacturer Northvolt has signed a letter of intent to purchase a former paper mill, which it plans to develop into a cathode and cell production plant. The Kvarnsveden Mill in Borlänge, Sweden closed in 2021. Northvolt plans to refurbish the facilities and infrastructure to develop a cathode and cell production plant, which is… Read more »