EnergyHub, a provider of grid-edge flexibility, has integrated distributed energy resources (DERs) including EV chargers and energy storage products from energy management provider Emporia into its virtual power plant (VPP) platform. The collaboration incorporates Emporia’s products into EnergyHub’s Edge Distributed Energy Resource Management System (DERMS), enabling grid-aware cross-DER optimization for utilities. Utility customers who use… Read more »
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2024 Chevy Equinox EV: Is this the electric SUV for average Americans?
It took far too long to get here, but it may have been worth the wait. The 2024 Chevrolet Equinox EV, GM’s smallest and least expensive battery-electric vehicle, is finally rolling into dealerships across the country. Now we’ve driven it, and it’s good. You can view the electric Equinox as the anti-Tesla. Where the Silicon… Read more »
Are Chinese electric buses exempt from European EV tariffs?
The EU has joined the US in imposing substantial new tariffs on EVs built in China. In June, the EU announced import tariffs on Chinese EVs ranging from 17.4% to 38.1%. The rationale behind the new tariffs is that the Chinese government has unfairly subsidized its auto industry, enabling Chinese automakers to sell EVs at… Read more »
Volvo, ZF, Cummins win $441 million in DOE funding to accelerate heavy-duty electric truck production
The US DOE has awarded nearly half a billion bucks to three companies under the Domestic Manufacturing Conversion grant program to help accelerate the production of heavy-duty electric trucks and related powertrain components. Volvo Technology of America will receive $208 to upgrade facilities at the Volvo Group’s Lehigh Valley Operations truck assembly site in Macungie,… Read more »
DOE announces $1.7 billion in grants to convert facilities for EV production and support US auto workers
Some folks fear that the transition to EVs will lead to major job losses in the auto industry—and not without reason, as EVs require different (and fewer) components than legacy ICE vehicles. Auto plants around the country are in danger of downsizing or shutting down altogether, and helping these facilities to retool for EV production… Read more »
Sila raises $375 million to deliver Titan Silicon for EV series production
Battery materials company Sila has raised $375 million in a Series G funding round led by existing investors Sutter Hill Ventures, with participation by new outside investors as well as existing investors Bessemer Venture Partners, Coatue, Perry Creek Capital and others. The funding will secure the completion of the company’s Moses Lake plant in Q1… Read more »
Redwood inks recycling partnership with GM’s Ultium Cells
Redwood Partners has announced a new partnership with Ultium Cells under which Redwood will recycle production scrap from two Ultium facilities. Ultium Cells is a joint venture between GM and LG Energy Solutions that manufactures battery cells. The deal calls for Redwood to recycle production scrap from Ultium Cells manufacturing facilities in Warren, Ohio, and… Read more »
Volvo CE invests $42 million in EV production facilities in Korea and Sweden
Volvo Construction Equipment has announced the opening of new facilities at its plants in Changwon, South Korea and Braås, Sweden. The two facilities were built at a cost of 440 million Swedish kronor ($42 million). In Changwon, Volvo invested 80 million kronor to build a battery pack production facility for electric excavators. “With the completion… Read more »
Honda to invest $65 billion in EVs over 7 years
Honda, like its larger compatriot Toyota, is a former environmental leader turned laggard. However, in both cases, we’ve been seeing indications that a new, slightly more EV-friendly strategy may be in the offing. Honda recently announced new investment of 10 trillion yen ($65 billion) in electrification, saying that it expects demand for battery EVs to… Read more »
Australia’s Sicona plans US silicon anode manufacturing facility
Australian battery materials producer Sicona Battery Technologies plans to expand into the US battery component market by developing a commercial production facility somewhere in the southeastern US. The company recently completed front-end engineering design studies and is advancing its plans for the phased development of a silicon-carbon anode materials plant that would produce 6,700 tons… Read more »