Search Results Found For: "bmw"

European automakers fear EVs will eat into auto industry profits

Several new electric models made their debut at the recent Paris Motor Show, including PSA’s DS3 Crossback and the Mercedes EQC, but off the noisy show floor, away from the turntables, hors d’oeuvres and booth bunnies, executives are ruefully acknowledging that the transition to EVs will mean an end to the record profits of recent… Read more »

Tesla delivers: Q3 delivery goals met, 50% more than last quarter’s all-time high

As expected, Tesla met its Model 3 delivery goals for the third quarter, obliterating previous production records and setting the stage for a new chapter in the history of the EV. In Q3, Tesla produced 80,142 vehicles, 50% more than last-quarter’s all-time high, including 53,239 Model 3s and 26,903 units of Model S and X…. Read more »

Charge like A supercap, store like a battery: ZapGo’s carbon-ion technology

Imagine an EV that could add 300 miles of range with a 5-minute charge – roughly the same amount of time it takes to refuel an ICE vehicle. Many companies are working on technologies to enable faster charging, which would be a huge win for EV adoption. ZapGo, based in Oxford, UK and Charlotte, North… Read more »

Solid Power announces $20 million in Series A funding

Colorado-based Solid Power, a manufacturer of all solid-state batteries (ASSB), has secured $20 million in a Series A investment round. Investors include Hyundai CRADLE, Samsung Venture Investment, Sanoh Industrial, Solvay Ventures, and A123 Systems. Solid Power will use the new funds to scale up production via a multi-MWh roll-to-roll facility, which is to be built… Read more »

German automakers struggle to find a profitable road to electrification

It has gradually become apparent that Big Auto’s reluctance to embrace EVs is not due to mere Luddism or fear of the future. There are several reasons to believe that electrification will take a major bite out of industry profits, as Daimler execs acknowledged in March. Now Volkswagen has warned that its stated plan to… Read more »

CharIN Testing Symposium explores EVSE/smart grid integration

The 9th International CharIN Testing Symposium, dedicated to grid integration challenges, will take place between the 11th and 13th of September at NextEnergy’s headquarters in Detroit. CharIN’s primary objective is to establish the Combined Charging System (CCS) as the global standard for AC and DC charging. Symposium participants will discuss how CCS can be a… Read more »

Sila Nano raises $70 million in funding for silicon-dominant battery anodes

Battery specialist Sila Nanotechnologies has received $70 million in Series D funding from Sutter Hill Ventures, Next47 (backed by Siemens), and Amperex. Sila Nano will use the funding for the development and commercialization of its silicon-dominant anodes. Overall, Sila has raised $125 million from investors including Bessemer Venture Partners, Chengwei Capital, Matrix Partners, Samsung, and… Read more »

Mitsubishi Outlander PHEV delivers the goods

As a tree-hugging greenie, I tend to be prejudiced against SUVs, but after a week with the Mitsubishi Outlander PHEV, I couldn’t really find anything not to like. This medium-size crossover drives great, it’s comfortable, and it has all the high-tech goodies we’ve come to expect. The electric range of 22 miles is enough to… Read more »

Wall Street comfortably digests Tesla’s Q2 results

Tesla isn’t like other companies, and you can never tell how Wall Street will react to a particular quarterly earnings report. Like gourmands digesting a culinary oeuvre, those of us who aspire to be seen as wise have learned to wait a day or so to let things settle before passing judgement (or making stock… 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 »

Get daily EV industry news in your inbox: