Some 618 parties have filed claims against Fisker Automotive, which declared bankruptcy in November. The outstanding claims total $985.4 million, including about $594 million in unsecured claims, and $383 million in secured claims, according to the bankruptcy court. Wanxiang America has been approved by the court to purchase Fisker’s assets, including a former GM plant… Read more »
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Wanxiang wins auction, will pay $149 million for Fisker
(Updated 2/17/2014 – 11:30 am ET to correct/clarify details of the Fisker’s DOE loan.) China’s Wanxiang Group won an auction for the assets of bankrupt Fisker with a $149.2 million offer, beating out rival bidder Hybrid Tech Holdings. The courtroom drama lasted three days and went through 19 rounds of bidding. Fisker’s creditors were delighted with… Read more »
First look at the Energica Ego, an Italian electric superbike
Bringing four decades of racing heritage with it, Italian 3D-printed parts manufacturer CRP enters the world of electric street motorcycles with its high-performance superbike, the Energica Ego. Throughout Italy, racing pervades the culture. Within a 30-mile radius in the Emilia-Romagna region of northern Italy, you’ll find the headquarters of Maserati, Ferrari, Lamborghini, and Ducati, representing… Read more »
Creatively displaying BMS data
Brian Gallagher has had a variety of engineering and management roles designing human machine interfaces (HMIs) in the biotech and automotive industries. Most recently, he is the cofounder of Andromeda Interfaces, which develops HMIs for many different industries. With the adoption of lithium-ion battery technology in electric vehicles, the role of battery management systems (BMS) has become… Read more »
CarCharging consolidates EV Project, wins award for new network in NYC
Miami Beach-based Car Charging Group, Inc. (OTCQB: CCGI) is very busy these days. The company continues to operate the EV Project’s network of charging stations while it collaborates with the DOE to transfer its grant supporting the network, a process which is scheduled to be completed by the end of April. Blink Acquisition, a subsidiary… Read more »
South Korean team develops coated LMO cathode that lasts longer at high temperatures
The quest for the better battery involves ongoing research on improving and optimizing materials used for lithium-ion cells. One such material is LiMn2O4 (LMO), which offers high power and low cost, but cell life at high temperatures can be problematic. In a paper in Nano Letters, a team from the Ulsan National Institute of Science… Read more »
Wanxiang bids for Fisker again in last-minute offer
The assets of bankrupt automaker Fisker Automotive are scheduled to be transferred to Hybrid Technology LLC, which bought the automaker’s outstanding $168 million DOE loan for $25 million in October. However, just days before a hearing in which a judge will decide whether to give final approval to the deal, Chinese auto parts giant Wanxiang… Read more »
Bolloré subsidiary to manage London’s charging network
Transport for London (TfL) has selected IER, a subsidiary of the France-based Bolloré Group, take over the management of Source London, the capital’s EV charging network. IER will be responsible for all back office functions, working from its UK offices, and plans to work with new and existing Source London partners to expand the network… Read more »
Buckeye battle continues as Ohio car dealers sue to shut down Tesla dealership
Just a couple of weeks after car dealer groups failed to get the Ohio legislature to outlaw Tesla’s practice of selling cars directly to consumers, several dealers have filed a lawsuit in Franklin County that alleges violations of Ohio law and seeks to revoke Tesla’s license to sell new cars. In the suit, the dealers… Read more »
Berkeley Lab researchers get to the root of the lithium anode problem
In the quest for higher energy density, the use of lithium metal anodes would seem to be a promising approach, if it weren’t for those doggone dendrites. Dendrites are microscopic fibers of lithium, which sprout, tree-like, from the surface of the lithium electrode and spread through the electrolyte until they reach the other electrode, possibly… Read more »