The fifth season of the FIA Formula E Championship electric racing series got under way last week in Ad Diriyah, Saudi Arabia. Antonio Felix da Costa, driving for BMW i Andretti Motorsport, took the checkered flag – his second Formula E win. This season will consist of 13 races in 12 cities on 5 continents,… Read more »
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Keeping federal EV tax credit alive a tough sell for GM as it lays off workers and closes factories
General Motors is fighting to retain the $7,500 federal tax credit for plug-in vehicle purchases, but the company’s recently announced layoffs and plant closings may make it a tough sell in Washington. As GM nears the 200,000-vehicle cutoff point after which the tax credit will be phased out, the incentive’s very existence is uncertain. One… Read more »
Renault’s Alliance Ventures invests in California battery maker Enevate
Alliance Ventures, the venture capital arm of Renault-Nissan-Mitsubishi, has joined heavyweights LG Chem and Samsung in investing in Enevate, a battery technology company based in Irvine, California. Enevate licenses its HD-Energy technology, which is designed to offer fast charging times, superior low-temperature operation and low cost, to various battery and EV manufacturers and suppliers worldwide…. Read more »
Duke Energy pilot supports charging infrastructure in South Carolina
Duke Energy has proposed a three-year, $10.4-million pilot initiative to support the installation of charging stations in South Carolina. The pilot is comprised of four programs with the overarching goal of understanding the impact increased EV adoption will have on the electrical grid: Residential EV Charging Program – Provides rebates for up to 400 residential… Read more »
Tesla’s back! Q3 earnings report includes record revenue and healthy profit
Those of us who saw past the tweets and the alarmist headlines were expecting good news from Tesla’s third-quarter earnings report, as it became apparent that demand for Model 3 remains robust as the company emerges from production hell. However, even most true believers were expecting a small loss, or perhaps a nominal profit. Instead,… Read more »
New book tells the fascinating story of Shai Agassi and Better Place
Does anybody remember Better Place? It seems quite a few people do, especially in Israel. Shai Agassi is one of many brilliant businessmen to come from the country that many know as Silicon Wadi or the Start-Up Nation, but according to Brian Blum, the author of the new book Totaled, “Agassi was, and remains one… Read more »
A closer look at DC-DC converters
As far as we know, all EVs in production by major automakers use a conventional lead-acid battery for the 12 V system (surprising, but true – more on why in a bit) and this battery needs charging, just as it does in an ICE vehicle. While you could hang an alternator off the traction motor… Read more »
Electrify America begins building a nationwide network of metro, highway, workplace and community chargers
The two-billion-dollar 10-year investment represents the largest of its kind so far. In the chaos that is human affairs, bad intentions sometimes eventually lead to good results. As atonement for Volkswagen’s criminal actions in what we like to call the Dirty Diesel Debacle, government regulators have forced the automaker to invest substantial resources in promoting… Read more »
Renault will invest over a billion euros to develop and produce EVs in France
Groupe Renault plans to invest more than €1 billion ($1.2 billion) in the development and production of plug-in vehicles in France. The company will: introduce a new Alliance electric platform in Douai to create a second EV production site; double production capacity for its ZOE EV, and launch a new ZOE at Flins; triple electric… Read more »
BMW signs billion-dollar battery supply contract with China’s CATL
Contemporary Amperex Technology Ltd (CATL) is on a serious roll – China’s biggest battery builder issued a successful IPO on the Shenzhen stock exchange earlier this month, and has been announcing new supply contracts left and right – Daimler, Honda, Nissan/Renault, SAAB successor NEVS and EV startup Byton are now customers, and there are rumors… Read more »