AM Batteries (AMB), a pioneer in lithium-ion dry-electrode technology, has closed a $25-million Series A financing round led by Anzu Partners. Other investors include TDK Ventures, Foothill Ventures, Toyota Ventures, Zeon Ventures, SAIC Capital, VinFast, Doral Energy-Tech Ventures, and Creative Ventures. AMB will use the funding to expand its team and accelerate its commercialization efforts,… Read more »
Search Results Found For: "Tesla"
Prototype interior permanent magnet synchronous motor achieves 100,000 rpm
A team at the University of New South Wales (UNSW) Sydney in Australia has built a new high-speed motor which can be used in EVs, large HVAC systems, high-precision CNC machines and the integrated drive generators in aircraft engines. Using its own optimization program, the team has built a prototype IPMSM motor with a patented… Read more »
Upcycle makes a $35k electric pickup out of used Toyota Corollas
Upcycle Green Technology, based in the Canadian province of Prince Edward Island, defies much of the conventional wisdom in today’s EV industry. It doesn’t appear to have ambitions of being “the next Tesla.” It is not starting out with a six-figure long-range luxury vehicle. It is not building a “clean sheet” EV, and it does… Read more »
The upcoming Volvo EX90 will eventually be equipped with bidirectional charging
Bidirectional charging is rapidly becoming an expected feature for new EV models. The latest automaker to join the bi bandwagon is Volvo—the upcoming EX90 will be the automaker’s first model to be “hardware-ready” for bidirectional charging. “You could use [the EX90’s] battery in many ways, from topping up your electric bike when you’re out and… Read more »
Foxconn launches two new EVs, targets contract manufacturing market
Everybody seems to be getting into the EV game these days, but Foxconn, which is famous as a contract manufacturer for Apple, is no newcomer to the field—it has been working to produce an EV since 2014. In 2021, Foxconn made a deal with Lordstown Motors, under which it bought a chunk of the latter’s… Read more »
EnviroSpark to deploy charging stations at 80 Starwood multi-family properties
Atlanta-based charging provider EnviroSpark has partnered with private investment firm Starwood Capital Group in a “multi-million-dollar” deal to deploy over 400 charging stations at some 80 multi-family home properties owned by Starwood across the US. EnviroSpark will deliver and install the charging stations at sites in 12 states over the next six to twelve months…. Read more »
Aptera chooses Maxeon to supply solar cells, begins producing panels
Aptera is different. While other EV-makers aspire to become “the next Tesla” by building high-performance vehicles that look just like the ICE vehicles drivers are used to, Aptera is focusing on building the most efficient and greenest vehicles possible. Critics may say that consumers won’t buy an unusual three-wheeled aerodynamic vehicle (Aptera might dispute that—it… Read more »
Amazon to invest a billion euros to electrify its fleet in Europe
Amazon is moving full speed ahead to electrify its European vehicle fleet. The delivery diva will invest a billion euros ($975 million) over the next five years in electric vans, trucks and low-emission package hubs in Europe. Amazon said the plan is to expand its electric van fleet in Europe from the current 3,000 vehicles… Read more »
EV tire-maker ENSO in talks to supply multiple global OEMs
London-based EV tire manufacturer ENSO said it is in discussions with multiple international carmakers and has begun trials with major fleet operators. ENSO makes tires specifically designed for EVs—they’re designed not only to extend range, but to reduce particulate emissions. The company says its tires have earned top energy efficiency ratings in Germany, and that… Read more »
GM launches new business to sell home energy products
The EV is much more than just a replacement for the legacy petroleum-fueled vehicle—it reaches its true potential as part of an ecosystem that also includes charging infrastructure, stationary battery storage, distributed renewable energy generation, and software to make it all work together. GM aims to bring all of these elements together under a new… Read more »