Some 618 parties have filed claims against Fisker Automotive, which declared bankruptcy in November. The outstanding claims total $985.4 million, including about $594 million in unsecured claims, and $383 million in secured claims, according to the bankruptcy court. Wanxiang America has been approved by the court to purchase Fisker’s assets, including a former GM plant… Read more »
Search Results Found For: "gm"
New microscopy system delivers real-time view of battery electrochemistry
You may not think about what’s going on inside the battery when you charge your EV, but the fate of the world may hang on the diminutive dramas taking place in there between the electrodes. Researchers at the Oak Ridge National Laboratory have used a new microscopy technique to get perhaps the best glimpse yet… Read more »
Former Envia Systems execs drop their lawsuit
Things are looking a little brighter for battery startup Envia Systems, as three of the company’s former executives dropped a lawsuit with little explanation. The suit, which was filed last November, alleged that co-founder and CTO Sujeet Kumar created the company using intellectual property that he stole from his previous employer, a nanotech startup called… Read more »
Wanxiang wins auction, will pay $149 million for Fisker
(Updated 2/17/2014 – 11:30 am ET to correct/clarify details of the Fisker’s DOE loan.) China’s Wanxiang Group won an auction for the assets of bankrupt Fisker with a $149.2 million offer, beating out rival bidder Hybrid Tech Holdings. The courtroom drama lasted three days and went through 19 rounds of bidding. Fisker’s creditors were delighted with… Read more »
Musk and Straubel talk charging and new features at European town hall meetings
Tesla bigwigs Elon Musk and JB Straubel are on tour in Europe, having question and answer sessions with Tesla owners and fans. At the Amsterdam and Oslo meetings, they covered a number of interesting topics. Version 6.0 of the software, which is now in beta testing, and should be rolled out in a few weeks,… Read more »
Auto sales, including plug-ins, freeze up in January
After a stellar 2013, overall auto sales took a big dip in January, and plug-ins were no exception to the trend. Auto sales slid 3% as snow and ice kept people away from dealerships. Total plug-in sales were little more than half of December’s (but still more than in January 2013). The LEAF was firmly… Read more »
Samsung SDI to use Celgard separator in EV and storage system batteries
The separator segment is sizzling – these critical battery components that keep anode and cathode from a disastrous meeting have been much in the news lately. Polypore International (NYSE:PPO) announced this week that its Celgard subsidiary has entered into a long-term agreement to supply separators to Samsung SDI for its EV and energy storage system… Read more »
BYD and Singapore institute collaborate on autonomous vehicle tech
Singapore’s Institute for Infocomm Research (I2R) and Chinese EV maker BYD have signed a joint laboratory agreement to develop electric vehicles with autonomous vehicle sensors. The joint lab will create a drive-by-wire system using electronic controls to control brakes, steering and other systems, as well as an autonomous vehicle fleet management system that can dynamically… Read more »
Lean and mean: The EV charging pioneers at ClipperCreek
A straightforward look at the EVSE market from the charging pioneers at ClipperCreek In a charging station industry filled with multinational conglomerates and 100-year-old automotive suppliers, the independent company ClipperCreek stands out. Relatively speaking, it has had a long history in the EVSE industry – a history that has shaped some definite views of the… Read more »
LG Chem secures international patents for its safety-reinforced battery separator
LG Chem, the world’s largest lithium-ion battery maker, has obtained a patent for its safety-reinforced separator (SRS) in Europe and Japan. The company already has patents for the technology in South Korea, the US and China. The separator is an important component of lithium-ion polymer batteries, separating the negative and positive poles to prevent internal… Read more »