Toyota and Chinese EV maker BYD will form a joint company focused on EV battery research and development. The company is scheduled to be launched in China in 2020. Toyota and BYD have agreed to each provide 50 percent of the capital for the new company. BYD Senior VP Lian Yu-bo said, “We aim to… Read more »
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Free Webinar: Copper-to-aluminum joining for Li-ion battery connections
If you want to learn about the many influencing factors that impact both mechanical and electrical performance in a copper-to-aluminum bond, including geometric and metallurgical considerations, then tune into this free webinar featuring guest speaker Joe Kaiser, VP of Product Development at Materion. We will also discuss the electrical resistivity, mechanical characteristics and projected life… Read more »
Honda accelerates electrification plans for Europe, passes over US
The good news: global automakers are getting more serious about electrification, announcing numerous new models and planning massive investments. The bad news: the trend is increasingly bypassing the North American market, as many of the new EVs, including models from US automakers, are to be sold only in China or Europe. Honda recently underlined this… Read more »
Eaton’s new Flex Power Distribution Unit for EVs
The e-mobility business of power management company Eaton has launched the Flex Power Distribution Unit (PDU) for high-voltage EVs. The Flex PDU is designed to protect vehicle power electronics from short circuits, crashes and system faults. Features of the Flex PDU include: Isolation detection Voltage and current sensing Precharge functionality High-voltage interlock Circuit protection and… Read more »
GM, Toyota and Fiat Chrysler side with Trump in fight to gut fuel economy standards
GM, Toyota and Fiat Chrysler have announced that they will side with the Trump administration in its war with California over fuel economy standards, in direct opposition to competitors Ford, Honda, Volkswagen and BMW, which struck a compromise with the California Air Resources Board in July. CARB’s deal with the four automakers calls for fleet… Read more »
The important takeaways from Tesla’s earnings coup
Tesla’s earnings announcements often feature big surprises, but this one was a bolt of lightning. The California carmaker earned $1.86 a share in the third quarter, far exceeding even the most optimistic projections (according to Bloomberg, the smart money was expecting a 24-cent loss). Revenue actually came in just short of expectations, at 6.3 billion… Read more »
Free eBook: Battery thermal management in hybrids & EVs
Sponsored by Elkem Thermal management is an important discussion topic in battery-powered systems when considering insulation, heat and power transfer, conduction and convection, in order to maintain the battery pack temperature within a tight tolerance to reduce thermal runaway. Thermal management of batteries in H&EVs is essential for the effective operation of motors in all… Read more »
EV Connect secures $12 million to scale cloud-based charging network software
EV Connect, which builds cloud-based software for managing charging networks, has closed a $12-million Series B funding round, led by Japanese conglomerate Mitsui & Co and Ecosystem Integrity Fund. This funding round brings the total capital raised by EV Connect to over $25 million. EV Connect is based on international open standards, so customers can… Read more »
Motiv secures $60 million to scale EPIC electric chassis, establish Detroit plant
Motiv Power Systems, maker of the EPIC all-electric chassis for buses and trucks, has secured $60 million in equity funding, led by investors GMAG Holdings and Winnebago. The funds will support the overall growth of Motiv, which includes opening a new engineering and manufacturing facility in Detroit and facilitating further growth in the large-fleet customer… Read more »
Volkswagen CEO: electrification won’t hurt profit margins
Volkswagen, which has unveiled the most ambitious electrification plans of any of the legacy automakers, does not believe the transition to EVs will hurt its profit margins, CEO Herbert Diess said in an interview with la Repubblica (via Reuters). “We do not expect a deterioration in margins. Our advantage is that all our brands have… Read more »