Search Results Found For: "Lion Electric"

UK council of Brighton and Hove receives £2.8 million to install public chargers

Brighton and Hove Council in the south of England has received a £2.8-million ($3.5-million) government grant to install 500 public EV charging points every year for the next three years. New contracts, to be awarded in 2025, will also offer more choice and flexible tariffs, including off-peak rates and access to more than 2,000 charging… Read more »

DOE loans BlueOval SK $9.63 billion to expand US EV battery manufacturing

The US Department of Energy’s (DOE) Loan Programs Office (LPO) has closed a direct loan of up to $9.63 billion to BlueOval SK, a joint venture between Ford and South Korean battery supplier SK On, for the construction of up to three manufacturing plants to produce batteries for Ford’s future Ford and Lincoln EVs. The plants—one located… Read more »

New York State makes $28.5 million available for EV charger installation

New York Governor Kathy Hochul has announced the availability of an additional $28.5 million in funding to install electric vehicle fast chargers along the state’s major travel corridors. New York’s new competitive Downstate Direct Current Fast Charger (DCFC) program, funded by the National Electric Vehicle Infrastructure (NEVI) formula funding program, is designed to improve consumer… Read more »

WeaveGrid raises $28 million in funding for its EV-grid integration software

US-based EV charging software developer WeaveGrid has raised $28 million in financing led by Toyota’s growth fund, Woven Capital, to help automakers integrate their EVs with the electric grid while optimizing the charging experience for drivers. WeaveGrid’s EV Management System (EVMS) enables grid-integrated EV charging and offers vehicle-to-grid capabilities and power distribution optimization. The strategic… Read more »

Stellantis and CATL to invest up to €4.1 billion in Spanish LFP battery plant

Netherlands-headquartered automaker Stellantis and Chinese battery manufacturer CATL have agreed to invest up to €4.1 billion to form a 50/50 joint venture that will build a large-scale lithium iron phosphate (LFP) battery plant in Zaragoza, Spain. The battery plant is targeted to start production by the end of 2026 at Stellantis’s Zaragoza site. It will… Read more »

Argonne leads $50-million sodium-ion EV battery innovation push

The US Department of Energy (DOE) has awarded $50 million to be invested over the next five years to establish the Low-cost Earth-abundant Na-ion Storage (LENS) consortium led by DOE’s Argonne National Laboratory to develop high-energy, long-lasting sodium-ion batteries. The consortium includes six national laboratories and eight universities, which aim to develop sodium-ion batteries that… Read more »

WeaveGrid secures $28-million investment for EV grid integration software 

San Francisco-headquartered WeaveGrid, a developer of charging management software for integrating EVs into power grids, has raised $28 million in a funding round led by Woven Capital, Toyota’s growth fund.  The investment will be used to broaden collaborations with automakers and electric utilities. WeaveGrid’s EV management system is designed to enable grid-integrated EV charging, and… Read more »

Biden Administration to loan Rivian $6.6 billion to complete Georgia factory construction

The US Department of Energy will make a $6.6-billion loan available to California-based Rivian Automotive to allow the startup EV maker to complete the construction of a factory in Georgia. Construction of the $5-billion battery and assembly plant, which was first announced in 2021 and which is 40 miles east of Atlanta, was paused in… Read more »

Synop to provide charging management for electric school buses in 14 Illinois school districts

Fleet charging management specialist Synop has been selected as the charging management solution for Bus2Grid’s Renew America’s Schools Grant. Under the project, 14 Illinois school districts will install campus microgrids with help from a $15-million grant from the DOE. The microgrids will include onsite solar generation and battery storage. Synop’s intelligent charging management platform will… Read more »

Lake Tahoe to link 14 ski resorts with Candela P-12 electric hydrofoil ferry

Lake Tahoe, the largest Alpine lake in North America, became a transportation hub after the 1848 California Gold Rush. Mail delivery then took place via a sailboat that visited each community, and steamboats began plying the river in 1863. The advent of automobiles in the 20th century diminished the steamers’ popularity, but the pendulum might… Read more »

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