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 »
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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 »
JB Straubel gives a tour of Redwood Materials’ battery recycling operation
Despite what the anti-EV brigade would like you to believe, recycling lithium-ion batteries is quite feasible both technologically and financially, and several companies are doing so right now. One of these is Li-Cycle, which was featured in the July/August issue of Charged. Another is Redwood Materials , which has gotten a lot of press coverage… Read more »
ABB installs its 1,000th DC fast charger in Norway
ABB is one of the world’s major players in the EVSE hardware realm. Since 2010, the Swiss-based multinational has sold more than 17,000 DC fast chargers across 80 countries. The company has the prestigious position of official charging supplier to the FIA Formula E World Championship, which is about to enter its fourth season. The… Read more »
Proterra beefs up its battery expertise: Q&A with CTO Dustin Grace
Since its founding in 2004, Proterra has grown to become North America’s largest supplier of electric buses. The company has sold some 950 buses to transit agencies, airports, universities, national parks and private companies in 43 states and provinces. Under its Proterra Powered program, the company provides powertrains to other vehicle makers—school buses for Thomas… Read more »
EIT InnoEnergy invests in in-wheel-drive maker Elaphe
EIT InnoEnergy has announced a €4.2-million investment in Elaphe Propulsion Technologies, a maker of EV in-wheel-drive technology. EIT InnoEnergy’s investment will serve as a springboard to secure further growth while giving Elaphe access to EIT’s sustainable energy and mobility innovation networks. Elaphe says its fully modular platform combines the in-wheel powertrain with software capable of… Read more »
The monster that wouldn’t die—varied reactions to GM’s electric Hummer unveil
EV fans tend to be divided into two groups: Greenies and Car Guys, and reaction to GM’s upcoming Hummer EV has, unsurprisingly, been divided along those lines. Hummer good Most of the media is ecstatic over the new machine. Many are praising its “bad-ass” looks (GM says it wanted to make it look “less military”… Read more »
ABB and Lion Electric partner to offer end-to-end charging solution for heavy-duty vehicles
Charging giant ABB has joined forces with Canadian heavy-duty EV manufacturer Lion Electric to sell and service EV charging equipment. ABB will offer its complete EVSE product line to Lion Electric, to be sold under the new Lion Energy infrastructure division. This will enable Lion to offer an end-to-end infrastructure solution, streamlining the process of… Read more »
Charging network ChargePoint to go public in $2.4-billion deal
EVSE manufacturer and charging network operator ChargePoint plans to go public via the trendy vehicle of a special purpose acquisition company. ChargePoint will merge with Switchback Energy Acquisition Corporation (NYSE: SBE) to form a company called ChargePoint Holdings, which will be listed on the NYSE. The boards of both companies have unanimously approved the transaction,… Read more »