Austria’s postal service has selected The Mobility House to support its rapidly-growing EV fleet with intelligent charging. The agency, which aims to eliminate its delivery emissions by 2030, will deploy The Mobility House’s ChargePilot Charging and Energy Management solution across some 2,400 AC and DC charging stations in 130 depot locations. Austrian Post’s EV fleet,… Read more »
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Can the global battery supply chain keep up with anticipated EV demand?
As global demand for EVs increases, many are questioning the adequacy of the existing battery supply chain. A recent article in Transport Dive discusses the challenges involved in building a global supply chain that can keep up with the anticipated growth in EV production. Elon Musk said in October that a shortage of battery cells… Read more »
As ChargePoint debuts on the NYSE, investors ponder the prospects of charging infrastructure providers
ChargePoint Holdings, one of the largest players in the EV infrastructure field, has gone public through a business combination with Switchback Energy Acquisition. The company now trades on the New York Stock Exchange under the symbol CHPT. In honor of the historic moment, CEO Pasquale Romano got to (virtually) ring the NYSE opening bell. The… Read more »
Battery developer Enevate raises $81 million in Series E funding round
Enevate, a pioneer in silicon-dominant Li-ion battery tech, has secured $81 million in a Series E funding round led by Fidelity Management & Research. Existing investors Mission Ventures and Infinite Potential Technologies also participated. The latest round brings Enevate’s total funding to $191 million. Enevate will use the investment to significantly expand its pre-production line… Read more »
Volvo XC40 Recharge and Polestar 2: EV cousins offer different takes on “premium”
You might not know it to look at them, but these two cars—one Swedish, one Chinese—share underpinnings and a parent company. Volvo and its Chinese parent Geely are very serious about selling cars that plug in. Starting in 2016, the Swedish brand has included plug-in hybrid versions of pretty much every new vehicle it sells… Read more »
Extreme E off-road racer inspired by GMC Hummer EV
GMC has announced a multiyear sponsorship with Chip Ganassi Racing for the team’s venture in the inaugural season of the Extreme E off-road racing series. CGR’s 550-horsepower electric SUV was inspired by the GMC Hummer EV. The 2022 GMC Hummer EV, which is expected to go into production this fall, will offer a three-motor 4WD… Read more »
Nuvve and IoTecha to deploy bidirectional EV charging system for V2G applications
San Diego-based vehicle-to-grid (V2G) pioneer Nuvve and smart charging specialist IoTecha are joining forces to deploy and commercialize a bidirectional EV charging solution that uses the CCS standard and supports the ISO/IEC15118 protocol. The plan is to enable automotive OEMs to enable bidirectional energy flow on their vehicles using IoTecha and Nuvve technology. Future versions… Read more »
Ideanomics acquires wireless charging specialist WAVE
Ideanomics, which describes itself as “a global company focused on the convergence of financial services and industries experiencing technological disruption,” has agreed to acquire 100% of privately-held Wireless Advanced Vehicle Electrification (WAVE). Founded in 2011, and headquartered in Salt Lake City, WAVE is a pioneer in the field of inductive (wireless) charging solutions for medium-… Read more »
VW board backs CEO Diess’s ambitious electrification plans
Within the executive suites at every legacy automaker, there are pro-EV and anti-EV factions, which continually strive for mastery, like Zoroastrianism’s Asha and Druj. Now Volkswagen Group Chairman Herbert Diess, a staunch EV advocate, has apparently won a major boardroom battle, clearing the way for him to proceed with his progressive plans for the German… Read more »
EVBox Group to go public in SPAC deal
EVBox, a provider of charging hardware and software, has announced plans to go public through a merger with a company called TPG Pace Beneficial Finance (NYSE: TPGY). EVBox’s current owner, the French multinational utility ENGIE, will retain an ownership stake of over 40 percent, and will continue as a key partner of EVBox. The business… Read more »
