Wanxiang Group will provide a bridge loan of $75 million or so, and eventually invest up to $450 million in A123, which would give it an ownership stake of about 80% in the company.
Search Results Found For: "Solid Power"
McKinsey analysis predicts Li-ion pack prices could fall to $160/kWh by 2025
The paper breaks the price of battery packs down into more than 40 underlying drivers, and suggests that three factors could accelerate the decline in Li-ion prices.
Company man: Q&A with Bob Lutz
The automotive legend turned 80 on February 12, but he still looks and sounds vital. Even better, and in contrast to the typical assumption about octogenarians Lutz is still entirely relevant. Bob Lutz tends not to speak in abbreviations. More often than not, it’s “gasoline,” not gas, “General Motors,” not GM. Perhaps it’s indicative of a… Read more »
The state of EV charging: more questions than answers
As you may have guessed, we at Charged believe that electricity is the best way to power our vehicles in the post-fossil fuel era. Compared to other contending technologies (biofuels, natural gas, hydrogen), electricity is the most efficient, and our best shot to be truly sustainable. However, there’s a much more immediate reason why automakers… Read more »
Slot cars on steroids: the birth of electric motorsport
The prospect of zero emission, near-silent race cars has set moustaches twitching throughout the motorsport fraternity. Many see it as heresy, while the enlightened few realize that we have a golden opportunity to inject some new life into a hundred-year-old sport. Doug Peck, editor at emotorsportnews.com, explains why the future of racing runs on… Read more »
The fleet footed survive: VIA Motors electrifies trucks, vans and SUVs
On the strength of a shrewd business plan and ties to GM, VIA Motors plans to jump-start the electric transition through the back door of America’s service vehicles. Its E-REV pickup trucks and vans prove that you can have your fuel efficiency and costs savings, too. Everyone should want an EV. They’re more efficient than… Read more »
What about economic sustainability? Will electric vehicles ever be profitable?
The problem is that electric vehicle technology is fairly new; causing a great deal of engineering effort that comes at a high cost.
It all adds up: extending EV range through efficiency increases
Want to increase the range of your EV without adding capacity to the costly battery pack? Optimize. In parallel with global research efforts to improve the power density of batteries, many are looking for new ways to use less energy per mile. Mitsubishi’s New Motor Mitsubishi Electric is hard at work redefining what a… Read more »
Slow charge: the evolving EV market
At this year’s New York International Auto Show, the central story was that even mainstream cars and SUVs are getting stellar fuel economy.
Swapping addictions: trading oil for lithium
Although options other than lithium exist, some form of lithium chemistry is at the heart of every EV remotely close to production. Are we at risk?
