Auto industry experts (and others) are beginning to assess the details of the redesigned federal EV tax credit program contained in the Inflation Reduction Act. There’s broad agreement that the changes will help to speed EV adoption, but there’s also concern that some provisions of the law could be counter-productive, at least in the short… Read more »
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bp to invest £50 million in new UK battery R&D center
bp has unveiled plans to invest up to £50 million (around $60 million) in a new, state-of-the-art EV battery testing center and analytical laboratory in the UK. The new facilities, which are planned to open by the end of 2024, will be located at bp’s existing global headquarters for its Castrol business in Pangbourne, Berkshire,… Read more »
LG Energy Solution partners with Compass Minerals to secure US lithium supply chain
LG Energy Solution has signed a non-binding Memorandum of Understanding (MoU) with Compass Minerals (NYSE: CMP), a provider of essential minerals for producing battery-grade lithium. Under the terms of the MoU, Compass Minerals would supply LGES with lithium carbonate and hydroxide. LGES would be supplied with as much as 40% of Compass’s planned annual phase-one… Read more »
Walmart to buy 4,500 Canoo electric delivery vehicles
Walmart has become the latest large fleet operator to make a vote of confidence in a startup EV-maker—the giant retailer has made a definitive agreement with Canoo (NASDAQ: GOEV) to purchase 4,500 electric delivery vehicles, beginning with the Lifestyle Delivery Vehicle (LDV), with the option to purchase up to 10,000 units. Advanced deliveries, which will… Read more »
Turntide Technologies to offer powertrains for commercial and industrial EVs
Motor maker Turntide Technologies plans to launch a battery and powertrain product line designed for off-highway, autonomous guided, construction, truck, bus, marine and rail applications. Turntide Electrification products include the lithium-ion Hyperdrive battery system, inverters, stackable motor systems, pumps, fans and DC-DC converters. UK-based heavy-equipment manufacturer JCB uses the Hyperdrive battery system in its 19C-1… Read more »
Littelfuse acquires C&K Switches
Littelfuse, a circuit protection specialist, has acquired electromechanical switch company C&K Switches. C&K Switches designs and manufactures switches and interconnect systems for the industrial, transportation, aerospace and datacom markets. “The combination of our companies significantly expands our technologies and capabilities, enabling us to deliver comprehensive solutions offering to our broad customer base, across a wide… Read more »
PG&E and Tesla to create giant “distributed battery” to support the electric grid
Pacific Gas and Electric (PG&E) and Tesla have launched a pilot program that will combine thousands of Powerwall home battery systems to create a “virtual power plant” or “distributed battery.” Tesla has invited some 25,000 PG&E customers with Powerwalls to join the program. PG&E residential customers are eligible for the program if they own a… Read more »
Will Herbert Diess’s departure damage Volkswagen’s EV strategy?
Volkswagen Group Chief Executive Herbert Diess will leave the company, to be replaced by Porsche Chief Executive and former VW head Oliver Blume, at the start of September. Diess’s departure follows a vote by VW’s supervisory board, which includes representatives of employee organizations and the state of Lower Saxony, the company’s second-largest shareholder. The 20-seat… Read more »
Consortium looks at recycling cathodes, electrolytes and graphite in closed loop
An industrial and scientific research consortium funded by Germany’s Federal Ministry for Economic Affairs and Climate Action plans to research and develop processes for recycling cathode metals, electrolytes and graphite multiple times. The HVBatCycle research consortium is planned to operate for 3 years. “In order to have to use fewer materials from primary sources such… Read more »
GM expands EV first responder training efforts
As the media never tires of reminding us, EVs do crash, and they do catch fire. Fire and emergency service providers need to be trained in how to respond to EV-related emergencies, and automakers and first-responder organizations have been doing so since the early days. Now, as its EV sales are rapidly growing, GM is… Read more »