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Estes Energy raises $11 million in seed round for multi-chemistry battery platform

US-based materials and manufacturing firm Estes Energy has raised $11 million in seed capital to finalize development of its multi-chemistry battery pack platform and establish manufacturing operations in the US. The platform is capable of using either nickel manganese cobalt (NMC) and lithium iron phosphate (LFP) cells. The round was co-led by BMW i Ventures… Read more »

AZL launches joint partner project on fire safety testing for EV battery casings

AZL Aachen is launching a new Joint Partner Project entitled “Thermal Runaway Testing for Battery Casings—Benchmarking Systems for High-Gradient Heating and Hot Particle Blasting,” focused on developing and implementing a realistic and reproducible fire testing environment for structural and functional materials used in EV battery housing systems. The project centers around the development and implementation… Read more »

New study finds EV app engagement reaches new highs

EV apps—love ‘em or hate ‘em, they’re here to stay. A new study from auto market analyst J.D. Power indicates that an increasing number of EV drivers love ‘em—or at least, use ‘em regularly. (We’re talking about the apps provided by vehicle OEMs, not the far less popular apps required by public charge point operators.)… Read more »

Leap and ChargeScape envision a nationwide EV virtual power plant

Leap, a platform for building and scaling virtual power plants (VPPs), and ChargeScape, a joint venture of Ford, Honda, BMW and Nissan that provides managed charging to EV owners, have announced a new partnership to accelerate EV participation in grid services programs. Together, the companies aim to build “the nation’s largest EV virtual power plant.”… Read more »

Elevated Materials launches to supply lithium battery films

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 »

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 »