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Shell moves into fleet charging segment—fleet owners say they want to go green, but need support
Oil giant Shell seems serious about moving into EV charging—it isn’t just adding a few chargers to its gas stations, it’s targeting the rapidly-growing market for fleet infrastructure solutions. The company is no stranger to the fleet industry—it has fleet customers in 46 markets, and there are 8.5 million active Shell Cards out there. Now… Read more »
GM launches new business to sell home energy products
The EV is much more than just a replacement for the legacy petroleum-fueled vehicle—it reaches its true potential as part of an ecosystem that also includes charging infrastructure, stationary battery storage, distributed renewable energy generation, and software to make it all work together. GM aims to bring all of these elements together under a new… Read more »
POSCO Chemical to supply cathode active material to GM
POSCO Chemical, a global materials firm, has announced a binding supply agreement with GM for high-nickel cathode active material (CAM). POSCO will provide 13,770 billion Korean won (about $10 billion) worth of CAM from 2023 to 2025. POSCO plans to produce the CAM at its Gwayngyang facility in Korea. The GM and LG Energy Solution… Read more »
OneD raises $25 million in Series C funds, enters R&D agreement with GM
GM and OneD Battery Sciences will cooperate to research the possible use of OneD’s silicon nanotechnology in GM’s Ultium cells. Meanwhile, OneD has raised $25 million in Series C funding from investors including GM Ventures and Volta Energy Technologies. “Given a licensing business model and low operational costs, Series C funds will be used to… Read more »
Hertz to order up to 175,000 GM EVs
Hertz is taking another step towards the electric future. Over the last year, the company announced plans to add 100,000 Teslas and 65,000 Polestars to its fleet. Now the rental giant has announced plans to order up to 175,000 Chevrolet, Buick, GMC, Cadillac and BrightDrop EVs over the next five years. Regular readers know of… Read more »
GM won’t offer buyouts to Chevy dealers who don’t want to sell EVs
GM came up with an elegant solution to the problem of dealers whose hearts aren’t in the EV transition. When the automaker confirmed plans to make Cadillac an all-electric brand, it offered its dealers a choice: invest in the necessary upgrades to sell EVs, or take a cash buyout. That process has now ended, and… Read more »
Sacramento utility partners with BMW, Ford and GM for managed EV charging pilot
The Sacramento Municipal Utility District (SMUD) has announced a new EV program, the Managed Electric Vehicle Charging Pilot, in partnership with BMW, Ford and GM. The pilot will evaluate ways in which SMUD can help Sacramento-area customers charge their EVs at times of day that promote optimal energy load management. “This pilot program and the… Read more »
GM reaches agreements with two suppliers of cathode materials
LG Chem and GM have announced a binding agreement for the supply of cathode active material (CAM), a key battery material consisting of processed nickel, lithium and other materials that represents about 40% of the cost of a battery cell. LG Chem plans to supply more than 950,000 tons of CAM to GM from 2022… Read more »
GM and EVgo to roll out DC fast chargers at Pilot and Flying J truck stops
GM and Pilot Company (which operates the Pilot and Flying J truck stop chains) are collaborating to create a national DC fast charging network that will be installed, operated and maintained by EVgo. This network of 2,000 charging stalls, located at up to 500 Pilot and Flying J travel centers, will be co-branded Pilot Flying… Read more »
