Iberdrola, a Spanish electric utility, plans to invest in the solid-state battery startup Basquevolt via its start-up program PERSEO. “Through PERSEO, Iberdrola carries out more than 25 real tests of technologies per year, which serve as a first step towards establishing a commercial relationship or partnership with startups,” says Iberdrola. Basquevolt plans to establish technological… Read more »
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Volvo and partners plan California Electrified Charging Corridor for medium- and heavy-duty EVs
Volvo Trucks is joining up with Shell and three truck dealerships to develop a public medium- and heavy-duty EV charging network that connects several of California’s largest metropolitan areas. The Electrified Charging Corridor Project has scored $2 million in funding from the California Energy Commission, and is expected to get underway in 2022. All five… Read more »
ChargePoint and partners to build hundreds of EV chargers at California condos and apartments
California-based charging ChargePoint has announced a partnership with non-profit Charge Across Town and the state of California to deploy hundreds of EV chargers at apartment buildings and condo complexes across the state. “As a company that was founded in California and is headquartered here, we’re honored to work with the California Energy Commission and Charge… Read more »
Nikola acquires Romeo Power to bring battery pack production in-house
Colorful electric truck startup Nikola Motor (NASDAQ: NKLA) will acquire energy storage specialist Romeo Power (NYSE: RMO) in an all-stock transaction. The deal values Romeo’s equity at approximately $144 million. Headquartered in Cypress, California, Romeo is focused on designing and manufacturing battery modules and packs for commercial vehicles. As Romeo’s largest customer, Nikola expects the… Read more »
All 50 states, DC and Puerto Rico have submitted plans for national EV charging network
The National Electric Vehicle Infrastructure (NEVI) Formula Program, part of the Bipartisan Infrastructure Law (BIL) requires each state and territory to submit an EV Infrastructure Deployment Plan (EVIDP) in order to qualify for its share of the first round of the $5 billion of infrastructure formula funding (IFF) that will be made available over 5… Read more »
BorgWarner acquires Rhombus Energy Solutions
Tier 1 automotive supplier BorgWarner has acquired Rhombus Energy Solutions. San Diego-based Rhombus provides EV charging and power conversion technology, including V2G applications. Rhombus supplies its patented technology to EV OEMs, including Proterra, as well as charging and grid service providers. The transaction has an enterprise value of up to $185 million. “The technology that… Read more »
ONE’s hybrid battery pack combines the best aspects of two chemistries to deliver 600 miles of EV range
Q&A with ONE CTO Dr. Steven Kaye. There is a wide range of characteristics that describe the performance of any given battery chemistry: energy density, specific energy, specific power, discharge efficiency, self-discharge rate, cycle life, calendar life, and—not the least important—cost. Some types of Li-ion chemistries are really good in a few characteristics but fall… Read more »
EV Connect’s charging platform approved for US federal procurement process
The US General Services Administration (GSA) recently issued a government-wide, $220-million Blanket Purchase Agreement (BPA), which establishes a streamlined procurement process for federal agencies to purchase electric vehicle supply equipment (EVSE) and ancillary services to support the electrification of their vehicle fleets. The US government operates some 650,000 vehicles. Network operator EV Connect, a subsidiary… Read more »
New Jersey to expand commercial EV voucher program
The Garden State is expanding its New Jersey Zero Emission Incentive Program (NJ ZIP) to support businesses and institutions that are purchasing zero-emission medium- and heavy-duty vehicles. The New Jersey Economic Development Authority (NJEDA) recently decided to double the amount of funding dedicated to the program, to $45 million; to expand the program statewide, beyond… Read more »
MAN to begin large-scale production of batteries in Nuremberg by end of 2024
Commercial vehicle manufacturer MAN Truck & Bus will invest around 100 million euros over the next five years at its facility in Nuremberg, Germany to develop production of high-voltage batteries for electric trucks and buses. Initially, the batteries will be manufactured manually in a small series production phase that will last about two and a… Read more »
