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Search Results Found For: "hyundai"

New report from Motor Intelligence details monthly US EV sales

Back in the early days of the rEVolution, we used to get a detailed monthly report on EV sales, courtesy of InsideEVs, which painstakingly combed through sales figures provided by automakers, and used some educated guessing to make estimates for brands that refused to provide any data (ahem…Tesla). However, for whatever reason, many automakers stopped… Read more »

SES Korea to focus on Li-metal battery supply chain and automotive A-samples

High-performance Li-metal EV battery developer and manufacturer SES AI (formerly known as SolidEnergy Systems) has incorporated a subsidiary called SES Korea. The business plans to build a pre-production facility in South Korea to expand its battery supply chain and work on its A-sample joint development agreements with automakers. SES Korea expects to have about 50… Read more »

2022 Lucid Air: The makers of the first 500-mile EV should be taken seriously

Created by engineers with years of EV experience, the 2022 Lucid Air is a stunning debut that confronts Tesla—and Mercedes-Benz—with a new competitor. It’s been a long time coming, but the 2022 Lucid Air has been worth the wait. The new carmaker’s all-electric luxury sedan not only competes directly with the aging Tesla Model S,… Read more »

Nissan to end development of new gas engines—except for the US market

For a decade, automakers have been talking about going “all in” on an “electric future” (usually with a mention of “grandchildren” thrown in). But the true measure of commitment to a new product is for a company to stop investing its money in old products. Hyundai’s recent announcement that it would end development of new… Read more »

Author of new study says hydrogen “unlikely to play major role in road transport, even for heavy trucks”

Reasonable minds disagree on whether hydrogen has a role to play in the clean-energy future, or whether it’s just a vehicle for oil-company greenwashing. However, it’s becoming clear (to scientists, if not to politicians) that batteries are superior to fuel cells for most road transport applications. A new study published in the journal Nature Electronics… Read more »

Factorial Energy raises $200 million for solid-state battery tech

Massachusetts-based solid-state battery developer Factorial Energy raised $200 million in a Series D funding round from Mercedes-Benz and Stellantis. It will use the funding for research and development, commercial production and the deployment of batteries with its Factorial Electrolyte System Technology (FEST) electrolyte. While Stellantis announced 2026 as its goal for introducing the first competitive… Read more »

Rimac Group spins off Rimac Technology as standalone business

The Rimac Group has spun off Rimac Technology as a wholly-owned independent company. Sister company Bugatti Rimac (previously Rimac Automobili) is jointly owned by the Rimac Group, which has a 55% stake, and Porsche, which owns the remaining 45%. Bugatti Rimac will continue to focus on building “hypercars,” while Rimac Technology will provide components to… Read more »

Utrecht plans to be a bidirectional city, turning its EVs into a giant battery

The Dutch city of Utrecht is already pretty green. The rate of car ownership is far lower than in the US. The city boasts the world’s largest bike parking garage and an extensive network of bike lanes, and a new car-free neighborhood for 20,000 people is on the drawing board. Even here, however, cars aren’t… Read more »

IONITY announces €700-million investment to expand charging network

European charging network IONITY has secured €700 million in new investment from current shareholders and a new investor: the BlackRock Global Renewable Power platform. This investment will enable IONITY to quadruple the number of its high-power 350 kW charging points to 7,000 by 2025. The new charging points will be situated on motorways, near major… Read more »