When some future author writes a book about the most influential cars in automotive history, the Nissan LEAF will be right up there with the Model T, the VW Beetle and the Tesla Model S. The LEAF was the first EV aimed at the mass market, and as of this writing, it remains the best-selling… Read more »
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Teardown of Chevy Bolt points to massive disruption ahead
It’s not unheard-of for financial analysts to tear down a vehicle to get an accurate estimate of what it costs to produce. Back in 2015, a consulting firm took apart and reverse-engineered a BMW i3. More recently, a team from UBS disassembled a Chevy Bolt and published a cost analysis of the new EV. However,… Read more »
Historic Finnish ferry goes electric
Since it entered service in 1904, the Föri ferry in the Finnish city of Turku has been upgraded from steam to diesel power, and now to electricity. Finland’s oldest operating ferry has now become the nation’s first all-electric passenger vessel after being fitted with a new electric powertrain from Visedo. Local boatyard Mobimar performed the… Read more »
Maxwell Technologies acquires Nesscap Energy
Maxwell Technologies has agreed to acquire Nesscap Energy for $23.175 million, or about 1.1 times Nesscap’s annualized revenue. The purchase price will be paid by the issuance of approximately 4.6 million Maxwell shares. Nesscap has operations in Korea, Germany, and China. As a specialist in small cell format ultracapacitor products, Nesscap provides R&D and manufacturing… Read more »
2017 Chevrolet Bolt EV: The era of long-range, mid-priced EVs is here
The 2017 Chevrolet Bolt EV will surely be remembered as a milestone model in automotive history – and hopefully for more than just the hype that heralded it. For several years, the punditocracy has been saying that the “killer app” that would bring electromobility to a “tipping point” and build that all-important “critical mass” would… Read more »
Kia exec: EV version of Niro wagon to be offered in 2018
Vehicles from South Korean carmakers Hyundai and Kia often share components and technology, although the two brands compete in the marketplace. The Kia Niro hybrid wagon and the new Hyundai Ioniq Hybrid hatchback share the same platform and powertrain. The 2017 Ioniq will be offered in hybrid, plug-in hybrid and electric models – the EV… Read more »
LG Chem Michigan creating more jobs as EV market grows
Korean batterymaker LG Chem is one of the rising stars of the EV revolution. Its cells power the Chevy Volt, and its components are an integral part of the new Bolt. It will also supply the battery pack system and controls for the 2017 Chrysler Pacifica Hybrid minivan. This is translating into jobs in the… Read more »
Tesla Gigafactory begins producing cells
It seems we’ve been waiting forever, but in fact, as these things go, it happened with lightning speed. Tesla’s game-changing Gigafactory has started producing battery cells, destined for the Powerwall and other energy storage products and, beginning in the second quarter, the Model 3. The sprawling Nevada plant is already assembling utility-scale Powerpacks for Southern… Read more »
SK Innovation considers China EV battery factory
SK Innovation, South Korea’s largest oil refiner and chemical supplier, says it is having talks with several companies about jointly establishing an EV battery factory in China. “An investment announcement will likely be made in the near future,” said Chief Executive Chung Chul-khil, adding that the joint venture in China may be with a battery… Read more »
Hyundai EV, with 110-mile range and 100 kW charging, to arrive in the US this year
[Updated: 3/28/16 to include fast charging information.] The Hyundai Ioniq, the first vehicle from a major automaker to be offered in three electrified versions, is on its way. The Ioniq Electric will begin deliveries in South Korea in June, and is expected to arrive on American shores later this year, after the Ioniq Hybrid. The… Read more »