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Volkswagen: We can produce 50 million EVs at “much lower” prices than Tesla

Volkswagen CEO Herbert Diess has been talking some smack about going electric, and giving the big T some competition. In an interview with Automotive News, he threw out a figure of 50 million electric cars, and said VW will be able to offer “much lower” prices than Tesla. According to AN, “VW has booked production… Read more »

Solid Power announces $20 million in Series A funding

Colorado-based Solid Power, a manufacturer of all solid-state batteries (ASSB), has secured $20 million in a Series A investment round. Investors include Hyundai CRADLE, Samsung Venture Investment, Sanoh Industrial, Solvay Ventures, and A123 Systems. Solid Power will use the new funds to scale up production via a multi-MWh roll-to-roll facility, which is to be built… Read more »

Winnebago and Motiv Power Systems team up to develop electric mobile healthcare vehicle

Winnebago Industries (NYSE: WGO) has partnered with Motiv Power Systems to develop an electric Mobile Lung Unit (eMLU) vehicle. Powered by Motiv’s EPIC 6 all-electric chassis, which is based on a Ford F-53, the specialty healthcare vehicle features the Samsung NeuroLogica BodyTom Elite, a portable full-body, 32-slice CT scanner. The vehicle’s electric powertrain eliminates the… Read more »

Sila Nano raises $70 million in funding for silicon-dominant battery anodes

Battery specialist Sila Nanotechnologies has received $70 million in Series D funding from Sutter Hill Ventures, Next47 (backed by Siemens), and Amperex. Sila Nano will use the funding for the development and commercialization of its silicon-dominant anodes. Overall, Sila has raised $125 million from investors including Bessemer Venture Partners, Chengwei Capital, Matrix Partners, Samsung, and… Read more »

BMW signs billion-dollar battery supply contract with China’s CATL

Contemporary Amperex Technology Ltd (CATL) is on a serious roll – China’s biggest battery builder issued a successful IPO on the Shenzhen stock exchange earlier this month, and has been announcing new supply contracts left and right – Daimler, Honda, Nissan/Renault, SAAB successor NEVS and EV startup Byton are now customers, and there are rumors… Read more »

Auto consultant Munro gives Model 3 thumbs-down for build quality, thumbs-up for electronics and handling

Sandy Munro takes cars apart for a living. Specifically, Munro & Associates, the Detroit consulting firm of which he is the CEO, performs teardowns. Munro and his team dismantle cars and analyze each part in minute detail (what’s it made of, what supplier made it, and how much did it cost?) and write up their… Read more »

A look at Lucid Motors: Q&A with CTO Peter Rawlinson

The legacy automakers are slowly and methodically developing new EVs, with various levels of enthusiasm, but the most ambitious plans for new vehicles are coming from a handful of EV startups. Most of these pioneers of the new auto industry share a formula: deep-pocketed investors (many from China), former Tesla employees on staff, and plans… Read more »

Akasol to supply battery systems for EvoBus Citaro electric bus

Akasol, based in Darmstadt, Germany, is now manufacturing lithium-ion battery systems for Daimler subsidiary EvoBus, which plans to launch its new Citaro electric bus at the IAA Commercial Vehicles show in September, and begin series manufacturing this year. Each bus will be fitted with between six and ten of Akasol’s AKASYSTEM OEM battery packs (maximum… Read more »

Chile selects two companies for lithium projects

Chile’s state development agency, CORFO, has selected the Chilean firm Molymet and China’s Fulin Group (a joint venture between Samsung SDI and South Korea’s POSCO) to develop value-added lithium products in Chile. Within two years, the companies are expected to be ready to produce some 58,000 metric tons of cathode materials per year. This announcement… Read more »