South Korea-based LG Energy Solution has signed agreements with Ford Motor to supply battery modules from its Poland facility for Ford’s commercial vans in the UK and EU. Under the contracts, LG Energy Solution is expected to supply a total of 109 GWh of batteries to Ford for its electric commercial vans starting in 2026,… Read more »
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Hanon Systems debuts parallel EV heat source heat pump and space-saving Thin HVAC
Hanon Systems, an automotive parts manufacturing company headquartered in Daejeon, South Korea, has developed a fourth-generation heat pump system for EVs, as well as Thin HVAC, an HVAC system for EVs that is 30% smaller than the typical model in use today. The company’s new heat pump employs a parallel heat source recovery method that… Read more »
LG Technology Ventures invests in Liminal’s battery inspection systems
US-based battery inspection technology startup Liminal has closed a $10-million strategic investment round led by LG Technology Ventures, the venture capital arm of South Korean conglomerate LG Group. The round also included new investment from Taiwanese firm Chailease Holdings as well as participation by current investors including ArcTern Ventures, University of Tokyo Edge Capital Partners,… Read more »
Samsung Electro-Mechanics expands range of multilayer ceramic capacitors for high-voltage EV applications
South Korean electronic component company Samsung Electro-Mechanics has expanded its range of automotive high-voltage multilayer ceramic capacitor (MLCC) products to support larger sizes. The trend towards using higher voltages in EV power electronic components, including onboard chargers, motor drive inverters, DC-DC converters, wireless power transfer systems, battery management systems, compressors and pumps is increasing demand… Read more »
ZF produces first 1,000 CeTrax lite drives for commercial EVs
German automotive company ZF has built 1,000 CeTrax lite electric drives for light commercial vehicles since it started volume production in April 2023. CeTrax lite is an all-electric drive with a peak output of 150 kW that sits centrally in the vehicle frame—replacing the transmission in combustion vehicles. It is an all-electric central drive, which… Read more »
Kumho Tire launches two new EV tires in the US
Kumho Tire U.S.A., the US distribution arm of Korea-based tire manufacturer Kumho Tire, has introduced two new tires for EVs: the Majesty 9 Solus TA91 EV, designed for coupes, sedans, and CUVs; and the Crugen HP71 EV, with improved all-weather performance for CUVs and SUVs. Both feature the company’s K-Silent technology that uses sound-absorbing foam… Read more »
SK On, Ferrari strengthen partnership for innovation in EV battery cell technology
South Korean EV battery manufacturer SK On, a subsidiary of SK Innovation, has signed a memorandum of understanding with the Italian luxury sports carmaker Ferrari to reinforce their partnership and innovate cell technology. The agreement allows the parties to share their experience in various fields to improve their technical collaboration and share insights. The new… Read more »
Ford plans new electric pickup and SUV, starting around $25k
The higher purchase prices of EVs now represent the number-one obstacle to mass adoption. Automakers have figured this out (some a bit later than others), and are adjusting their strategies to bring more low-priced EVs to market. In February, Ford CEO Jim Farley announced that his company has been quietly working on a low-cost platform… Read more »
Isuzu to invest two billion bucks in electric trucks and batteries
Japanese automaker Isuzu is planning to invest nearly two billion dollars in electric trucks and batteries, according to EV news outlet Electrive. According to a regulatory filing, Korean battery giant LG Energy Solution will supply Isuzu with cylindrical cells through 2026 in a deal worth one trillion Korean won ($748 million). LG has been supplying… Read more »
Kia EV9 and Volvo EX30: Are they 2024’s most important EVs?
One’s a three-row midsize SUV under $60,000; the other’s a compact hatchback that starts in the mid-30s. Now we’ve driven both. Choosing “best of” or “most important” new cars is always dicey, and doubly so with electric vehicles. New entries are announced virtually every month, and picking the 2025 models that will be most important… Read more »