Search Results Found For: "demand charge"

Duke Energy to use Ford F-150 Lightning electric trucks in V2G pilot

Duke Energy is planning a new demand response pilot in the Duke Energy Carolinas service area. Under the program, which is expected to launch in 2023, customers who lease an eligible EV, including the Ford F-150 Lightning, will get reduced lease payments in exchange for allowing their EVs to feed energy back to the grid…. Read more »

Mullen Automotive acquires Bollinger Motors

EV manufacturer Mullen Automotive has acquired a controlling interest in EV truck innovator Bollinger Motors. Mullen paid $148.2 million in cash and stock for a 60% controlling interest. Mullen says the acquisition will enable its entry into the market for medium-duty trucks (Classes 3-6), while also positioning Bollinger to capture the electric sport utility and… Read more »

Group1 commercializes cathode materials for novel potassium-ion batteries

Austin, Texas-based startup Group1 boasts a star-studded executive suite. Chief Product Officer Dr. Leigang Xue invented Potassium Prussian White (KPW) cathode materials in 2017 at the laboratory of the legendary John B. Goodenough at the University of Texas. The company, which made its debut at Professor Goodenough’s 100th birthday celebration, is working to commercialize cathode… Read more »

Benchmark Minerals: Battery production scrap will be the main source of recyclable material this decade

As demand for lithium-ion batteries accelerates, recycling of raw materials will be an essential part of the circular EV ecosystem. However, in the near term, the primary source of recyclable battery material will be scrap material from battery production, according to Benchmark Mineral Intelligence’s latest Recycling Report. Benchmark forecasts that scrap will account for 78%… Read more »

Four states agree on vague plan to promote public charging along Lake Michigan shoreline

Great news! The governors of Michigan, Indiana, Illinois and Wisconsin have announced a plan to build a network of public charging stations along the Lake Michigan shoreline. Local media reminded us of the scenic and touristic attractions of the region, and rightly pointed out how nice it will be to make these wonders more accessible… Read more »

TeraWatt, a builder of commercial EV charging hubs, raises more than $1 billion in funding

TeraWatt Infrastructure designs, operates and owns charging centers for commercial EV fleets (see the feature article in the July/August 2021 issue of Charged). Now the company has raised more than $1 billion of institutional capital from investors including Vision Ridge Partners, Keyframe Capital and Cyrus Capital. The company will use the new funds to accelerate… Read more »

Circontrol supplies 400 kW charging stations to new Madrid charging hub

Spanish EV charger manufacturer Circontrol has launched its first 400 kW DC fast charger, the Raption 400. The company will install several of these at a new urban charging hub in the center of Madrid. As far as we’re aware, 350 kW chargers are the highest-power car chargers in widespread use, so this would appear… Read more »

GreenPower’s new West Virginia factory could produce 600 electric school buses per year

GreenPower Motor Company, a manufacturer of electric medium- and heavy-duty vehicles, has cut the ribbon at its new South Charleston, West Virginia manufacturing facility. The facility, which is home to the company’s electric school bus manufacturing operations east of the Mississippi River, has been expanded by an additional 80,000 square feet. It is expected to… Read more »

Nissan exec: EV batteries lasting longer than predicted

If you use social media, you probably see a never-ending stream of “articles” insisting that EV batteries wear out in a few years, making the cars worthless, that they can’t be recycled, they’re full of poisonous chemicals, yada yada yada. That would be news to Nissan’s UK Marketing Director Nic Thomas. “Almost all of the… Read more »