Swedish/Chinese EV-builder NEVS has signed an agreement with Contemporary Amperex Technology (CATL) to secure the battery supply for its new EV in the Chinese market. And what a market it is. NEVS has received from the Beijing auto leasing firm Panda New Energy for 250,000 EVs (for comparison, the total number of plug-in vehicles sold worldwide last… Read more »
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Wolfspeed launches a new silicon carbide MOSFET for EV inverters
Wide Bandgap (WBG) semiconductor technologies have attracted a lot of attention and research funding in the past decade. Both public and private institutions around the world have been obsessed with accelerating the evolution of WBG tech into commercial power electronics applications. What’s all the fuss about? WBG materials such as silicon carbide (SiC) and gallium… Read more »
Navigant Research analyzes how transition to shared vehicles will effect energy markets
By Scott Shepard, Senior Research Analyst at Navigant Research’s Transportation Efficiencies program Smartphones have really changed the way things get done, and the continuous and sometimes overwhelming revolutions enabled by our hand-held devices are only just beginning. The transformations still to come include the basic process by which people and things are moved. The addition… Read more »
Kokam introduces XPAND battery pack for electric buses and commercial vehicles
Battery-maker Kokam’s new XPAND battery pack is aimed at heavy vehicles such as electric buses, trams, trucks and other commercial and industrial EVs. The XPAND battery pack will be offered in two versions: the 7.1 kWh XMP71P and the 11.4 kWh XMP114E. Both are scalable to support EV applications from 7.1 kWh to 1.5 MWh… Read more »
Tesla earnings report shows progress, but stock market is unconvinced
As expected, Tesla’s Fourth Quarter & Full Year 2016 Update depicts steady progress toward the company’s ambitious goals. Compared to Q4 2015, almost all the numbers are soaring. Vehicle deliveries are up 27%, gross margins are up 110 basis points, and revenue is up 88%. Of course, expenses are way up, but losses are down,… Read more »
PG&E submits $253 million proposal to expand California EV infrastructure
Pacific Gas and Electric Company (PG&E) has submitted a proposal to the California Public Utilities Commission (CPUC) for seven EV infrastructure projects with a total budget of approximately $253 million. PG&E’s proposal addresses three areas: Expanding electrification for fleets with medium- and heavy-duty vehicles, including school buses, transit agencies and delivery fleets. PG&E’s five-year, $211-million… Read more »
McKinsey survey finds EV awareness increasing, suggests strategies for OEMs to electrify
As the EV scene heats up, we’re starting to see a steady stream of studies and surveys analyzing the growing market. Assessments of consumers’ EV awareness vary considerably, and predictions for the future are all over the map. A recent report by investment analyst Goldman Sachs sees big changes ahead for the auto industry, but… Read more »
New Honda plant in China will “accommodate electrified vehicles”
An electrical current is starting to buzz around the automotive world, as even EV skeptics such as Toyota and Chrysler start to explore more electrified options. Now Honda, one of the largest holdouts, has turned the potentiometer up a millivolt or so, announcing that a planned new Chinese plant “will be designed with a concept… Read more »
Proterra raises $140 million in Series 5 round
Electric bus manufacturer Proterra has raised $140 million in a Series 5 financing round. The company will use the new money to double its production capacity in order to meet exploding customer demand from transport authorities across the US. Proterra’s 2016 sales awards more than doubled from 2015. The new capital will allow Proterra to… Read more »
Faraday Future reveals production-ready FF 91, announces over 64,000 reservations
Faraday Future (FF), the intriguing EV startup that employs several alumni of Tesla and other automotive and tech giants, revealed its first production vehicle, called FF 91, at a press event prior to the recent CES trade show. FF 91 features a monocoque vehicle structure that integrates the chassis and body, and a multi-motor setup… Read more »