Elevated Materials is a newly formed independent company that aims to supply ultra-thin, uniform lithium films for batteries for EVs, eVTOLs and e-aircraft, energy storage systems and consumer electronics. The company’s technology can be applied across graphite, silicon and lithium metal anodes. The company has received investments from TPG’s Rise Climate fund and Applied Materials…. Read more »
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REE Automotive’s modular REEcorners enable unprecedented flexibility in EV design
Taking the EV skateboard chassis to another level Q&A with Dr. Peter Dow, REE Automotive’s VP of Engineering. To a large extent, vehicles are designed around their propulsion systems. The first generation of modern EVs shoehorned an electric motor and a battery into a vehicle that was designed around an engine, a transmission and a… Read more »
Mangrove Lithium secures $35 million for electrochemical lithium refining facility in Canada
Mangrove Lithium has secured $35 million in financing to start construction of an electrochemical lithium refining plant in Delta, British Columbia. New investors included Mitsubishi, Asahi Kasei, InBC Investment, Orion Industrial Ventures and Export Development Canada. Existing investors Breakthrough Energy Ventures, BMW i Ventures and BDC Capital also joined the round. Construction is already underway… Read more »
First Drive: For 2025, updated Hyundai Ioniq 5 adds XRT “off-road” model to growing lineup
It’s still the Ioniq 5 you know and love, with some useful tweaks plus hot-rod and XRT versions. The Hyundai Ioniq 5 crossover utility vehicle is now a familiar site in regions where electric cars are popular. Entering its fourth model year in North America, the square-edged hatchback gets some minor updates to styling, inside… Read more »
Dannar brings a multipurpose electric platform to the off-highway market
One EV, a thousand applications Q&A with CEO Gary Dannar Different buyers need (or want) different vehicles—that’s why most consumer automakers offer a range of a dozen or so models, from practical family cars to sleek sports cars to hulking pickup trucks. But in the commercial vehicle sphere, this wouldn’t be good enough—different markets demand… Read more »
IONNA and Sheetz to open 50 EV chargers in the Midwest and Eastern US
IONNA, the charging network founded by eight of the world’s top automakers—BMW, General Motors, Honda, Hyundai, Mercedes-Benz, Kia, Stellantis and Toyota—has formed a strategic partnership with Mid-Atlantic restaurant and convenience chain Sheetz. IONNA opened EV Rechargeries at three Sheetz locations in late December 2024: Springfield and Willoughby, Ohio; and Scranton, Pennsylvania. Sheetz is expanding its… Read more »
Charging management software provider AMPECO raises $26 million in Series B funding
AMPECO offers a white-label, hardware-agnostic EV charging management platform that covers public, private and home charging and currently serves over 160 clients across 60 markets and powers some 120,000 charging stations on all 6 continents. The customer list includes (in Europe) E.ON Drive Infrastructure, ChargeGuru, INDIGO Group, Wattif and Elaway; as well as (in the… Read more »
EV maker Canoo loses two senior executives, furloughs workers
American EV manufacturer Canoo has announced the resignation of two key employees and the temporary furlough of 30 factory workers at its Oklahoma City plant. The beleaguered automaker was founded in 2017 as Evelozcity by Stefan Krause, a former Deutsche Bank CFO, and Ulrich Kranz, a former senior executive at BMW, after the two had… Read more »
Nissan to give second life to LEAF batteries at corporate HQ, takes stake in ChargeScape
Japanese automaker Nissan Motor has announced it will take a 25% stake in ChargeScape, a software company that connects electric utilities, automakers and drivers, and that it is deploying two power management systems using second-life batteries from the Nissan LEAF. ChargeScape is a joint venture founded in 2023 by BMW, Ford and Honda, each with… Read more »
Constellium-led research project achieves weight reduction in EV battery enclosures
Paris-based global aluminum products manufacturer Constellium has announced that its ALuminium Intensive Vehicle Enclosures (ALIVE) collaborative research project has achieved weight savings in its structural aluminum EV battery enclosures. The project reduced the weight of the enclosures by between 12% and 35% compared to existing aluminium and steel OEM designs, while meeting or exceeding performance targets…. Read more »
