Search Results Found For: "Kia "

New EV charging network backed by 7 major automakers begins operations in North America

Back in July 2023, a group of seven major automakers announced plans to form a public charging joint venture along the lines of the European consortium Ionity. EV fans welcomed the plan to deploy some 30,000 fast charging stations throughout North America, but we’ve heard very little since. Now the venture has a name: IONNA…. Read more »

Littelfuse’s new overtemperature detection solution for EV battery packs

Circuit protection specialist Littelfuse has introduced a new overtemperature detection platform for Li-ion battery systems. The new TTape system is designed to help vehicle systems manage premature cell aging effectively while reducing the risks associated with thermal runaway incidents. Littelfuse explains that TTape is suited for a wide range of applications, including EVs, hybrids and… Read more »

GM’s rosy year-end figures obscure the fact that legacy automakers are in deep trouble

Duplicitous doublespeak has become de rigueur dialect in the auto industry. “We remain committed to an all-electric future,” says GM as it announces a rollback of its electrification plans. “We strongly believe in EVs,” say auto dealers as they support efforts to slow the EV transition. “The greatest responsibility for us as a company is… Read more »

How To Use Connected Vehicle Data To Improve The EV Experience

Join this session to learn how existing connected vehicle systems, and emerging ones, are being brought together to improve the EV fleet owner and driver experience. Presented by: George Ayres, Managing Director, Automobility Advisors Dan Teeter, Advisory Director, Automobility Advisors Chip Goetzinger, Solutions Director, Automobility Advisors Sujith Somasekharen, National Manager, KIA National Manager, Connected Car… Read more »

Revel’s new EV fast charging station in Queens serves rideshare drivers and the public

Revel, the Brooklyn-based EV infrastructure and rideshare provider, has opened its third public EV fast charging station in New York City, and its first in Queens. The LIC Superhub is located in the accessory garage of the JACX, a mixed-use development in Long Island City. Located near the Taxi and Limousine Commission’s main driver support… Read more »

Ara Partners acquires magnetic materials producer Vacuumschmelze

Texas-based investment firm Ara Partners has acquired magnetic materials manufacturer Vacuumschmelze (VAC) from asset management firm Apollo. No transaction terms were disclosed. Germany-based VAC is the largest Western manufacturer of sintered NdFeB EV-grade permanent magnets, and has manufacturing facilities in Slovakia, Finland, China and Malaysia. VAC signed a long-term deal with GM in January 2023… Read more »

As others cry the blues, Hyundai announces record profit, keeps EV plans on track

While some legacy automakers whine that they can’t make a profit on EVs, and others cling to 20th-century tech such as hybrids and hydrogen, Hyundai is getting on with the business of selling EVs—and making a tidy profit, thank you. Hyundai Motor, which includes the Hyundai, Kia and Genesis brands, recently posted third-quarter financial results…. Read more »

Hyundai and LG Energy Solution invest additional $2 billion in Georgia battery plant

Hyundai and South Korean-headquartered battery maker LG Energy Solution (LGES) have announced a $2-billion expansion of their battery cell manufacturing joint venture at Hyundai’s EV Metaplant in Bryan County, Georgia, bringing the total investment value of the JV to $4.3 billion. At full operational capacity, the 30 GWh facility is expected to support annual production… Read more »

Kentucky imposes monthly tax on free public EV charging

The IRA and BIL are spurring a massive wave of investment in EV plants and EV charging infrastructure, and so far, the lion’s share of this investment is flowing to red states. Many industry observers expect the influx of cash and jobs to blunt opposition to EVs in red-state legislatures. This equation doesn’t seem to… Read more »

EV charging is changing, Part 4: Behind the scenes as seven automakers counter Tesla’s Superchargers

Part 1: How automakers’ disappointment in Electrify America drove them into Tesla’s arms Part 2: No, NACS is not today’s Tesla connector Part 3: Why Tesla’s NACS is unlikely to kill CCS EV charging is changing, but much remains to be settled A flurry of news over less than a year permanently altered the US landscape… Read more »