Battery startup Britishvolt has announced plans to build its first battery factory, on the site of a former coal-fired power station in Blyth in northeastern England. Construction is to begin next year, and production of lithium-ion batteries is to start by the end of 2023. The company plans to invest 2.6 billion pounds ($3.5 billion)… Read more »
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OXIS Energy to power luxury yacht with Li-S batteries
Yachts de Luxe (YdL) of Singapore has signed a ten-year contract with Oxis Energy valued at $5 million to build the world’s first luxury boat to be powered by Lithium-Sulfur (Li-S) batteries. The objective is to achieve a range of 70 to 100 nautical miles at cruising speed. Oxis will work with YdL to design… 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 »
ABB establishes new global R&D center for e-mobility
Charging infrastructure giant ABB has established a new E-mobility Innovation Lab. The $10-million, 3,600-square-meter facility is based on the Delft University of Technology campus, in the Netherlands. It will house 120 specialists, who will work on next-generation solutions to drive ABB’s future e-mobility development. ABB strives to ensure seamless connections among vehicles, charging stations, charging… Read more »
Recurrent raises seed money to fund its independent reports on used EVs
Recurrent, a Seattle-based startup that provides independent reports on the condition of used EV batteries, has raised $3.5 million to power its business. The startup officially launched in September to offer third-party reports on the battery life and range of used EVs to help car buyers make purchase decisions. Recurrent says it has more than… Read more »
Proterra opens new EV battery production line in Los Angeles County
Heavy-duty EV manufacturer Proterra has announced the opening of a new battery production line, co-located at its electric bus manufacturing facility in Los Angeles County. The battery packs manufactured at the City of Industry facility will feature Proterra’s redesigned modules with next-generation cells developed with LG Energy Solutions, a company that Proterra has been collaborating… 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 »
Commercial EV-maker Lightning eMotors to join NYSE through SPAC deal
Lightning eMotors, a manufacturer of commercial EVs for fleets, will become a publicly listed company through a merger with a company called GigCapital3. Upon closing, Lightning eMotors will be listed on the New York Stock Exchange under the ticker symbol ZEV. The business combination values Lightning eMotors at approximately $823 million. The transaction is expected… Read more »
Hyundai unveils E-GMP EV platform
Hyundai has unveiled a new dedicated EV platform. Beginning in 2021, the Electric-Global Modular Platform (E-GMP) will underpin a range of new EVs, including Hyundai’s IONIQ 5 and a 2021 Kia EV. The E-GMP’s compact new power electric (PE) system consists of a motor, EV transmission and inverter integrated into a single compact module. Hyundai… Read more »
VW breaks ground on Battery Engineering Lab in Tennessee
Volkswagen has begun construction of a Battery Engineering Lab at its Chattanooga Engineering and Planning Center. The $22-million facility will test and validate EV cells and battery packs for the North American region. The new lab will join VW’s under-construction EV production expansion and battery pack assembly facility to form the company’s hub for EV… Read more »
