Tier 1 supplier Bosch offers a wide range of electromobility-related products, from e-bikes to construction machinery to silicon carbide chips to integrated e-axle modules. Now the company says it expects to generate more than 1 billion euros in sales from e-mobility this year. Bosch says it has invested some 5 billion euros in electromobility to… Read more »
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Tesla buyers offered a choice between LFP or NCA battery packs
For most car buyers, their technical automotive knowledge amounts to this: they know a car has an engine (or motor), and they want the biggest, most powerful one they can afford. Early-adopting EV buyers seem likely to be a little more knowledgeable, and Tesla is taking the unprecedented step of giving buyers a choice between… Read more »
Toyota actively lobbies against support for EVs
Toyota has earned a place in the history of transport electrification. The Japanese automaker’s introduction of the Prius hybrid in 1997 was a milestone. Since then, the company has sold some 15 million hybrids worldwide, and has gradually added hybrid powertrains to more of its offerings—a majority of Toyota and Lexus models are now available… Read more »
VIA Motors to be acquired by Ideanomics
VIA Motors was founded in 2010, and got a lot of media attention thanks to Chairman Bob Lutz, the “Father of the Chevy Volt.” The original business plan was converting GM pickups and vans to PHEVs. Now the company plans to produce fully electric commercial vehicles for fleets. Ideanomics (NASDAQ: IDEX) has agreed to acquire… Read more »
UK charging platform Bonnet raises $1.3 million in new funding
UK startup Bonnet has raised £920,000 ($1.3 million) in new funding, including £850,000 in an equity financing round led by Ascension Ventures and a £70,000 grant from Innovate UK and OZEV (government-funded entities that promote the British EV industry). Bonnet is a charging platform designed to simplify paying for public charging. There are currently over… Read more »
Rivian files for IPO at $80 billion valuation
Rivian Automotive has filed for an initial public offering and is seeking a roughly $80 billion valuation, Bloomberg reports. The Irvine, California-based EV startup has submitted its S-1 registration to the Securities and Exchange Commission, and hopes to make its IPO around the Thanksgiving holiday. Among the thundering herd of EV startups, Rivian is widely… Read more »
Joby Aero completes 150-mile flight with electric VTOL air taxi
California-based Joby Aero has achieved an important milestone in the development of its electric air taxi, flying a full-size prototype vehicle more than 150 miles on a single charge, including a vertical take-off and landing. The flight was completed at Joby’s Electric Flight Base in Big Sur, California. The aircraft, piloted from the ground by… Read more »
Biden emissions announcement: major milestone or timid target?
The Biden administration has announced the federal government’s return to a policy of pushing automakers to reduce their vehicle emissions over time. The Big Three US automakers, and the United Auto Workers union, are on board, and their representatives joined President Biden at the White House to publicly announce plans not only to improve the… Read more »
How Williams Advanced Engineering built “the world’s most extreme battery”
Williams Advanced Engineering (WAE) has been a battery supplier to the Formula E electric racing championship since 2014. Now the legendary engineering firm is the sole powertrain developer for the new Extreme E off-road championship. WAE Principal Engineer Glen Pascoe recently discussed the challenges of creating a battery that can power Extreme E’s enormous Odyssey… Read more »
Toyocolor to supply carbon nanotube dispersions to SK Innovation
Japanese ink and materials manufacturer Toyocolor has been tapped to supply its Lioaccum series of conductive carbon nanotube (CNT) dispersions to the North American and European operations of battery-maker SK Innovation. Lioaccum dispersions are used as a conductive additive in Li-ion cathodes to help expand battery capacity. These batteries will be installed in EVs manufactured… Read more »