Buick says it will fully electrify its lineup in North America, and will bring its first electric vehicle to market for North America in 2024. Buick’s future EV products will carry the Electra name. The company released a wealth of information about its new brand identity and new badging (new typography, an updated color palette… Read more »
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Infinitum Electric raises $80 million in funding for its air-core PCB-based motors
Infinitum Electric, creator of an innovative air-core motor, has secured $80 million in a Series D funding round led by Riverstone Holdings, bringing the company’s total funding to $135 million. Infinitum will use the new funds to scale up production—it plans to vertically integrate and automate production of its motors for the commercial and industrial… Read more »
Over 300 battery gigafactories in the global pipeline
As EV demand steadily grows, automakers and their suppliers are wisely hustling to increase battery production capacity—preferably close to their auto plants and markets. Benchmark Mineral Intelligence reports that there are currently over 300 battery gigafactories in the construction or planning stages around the world. This represents some 6,388 GWh worth of battery capacity, a… Read more »
Vitesco’s newest e-axle to power Hyundai’s Class B and C EVs
Electric powertrain supplier Vitesco Technologies has received a 2-billion-euro order for its new e-axle from Hyundai, which plans to use it in its forthcoming B and C segment EVs beginning in 2024. The EMR4 is the fourth generation of the Electronics Motor Reducer e-axle product line. The 3-in-1 unit is composed of a motor, power… Read more »
BASF launches busbar holders with newly developed TPU overmolding
BASF has introduced new busbar holders featuring a newly developed thermoplastic polyurethane (TPU) overmolding. Elastollan R 2600 FHF is a halogen-free and UL 94 V-0 compliant TPU. It has an optimized thermal linear expansion coefficient which “reduces the risk of cracks occurring during temperature changes.” BASF says Elastollan R 2600 FHF offersseveral advantages in comparison… Read more »
CPUC approves three new PG&E vehicle-to-grid pilots
The California Public Utilities Commission (CPUC) has approved $11.7 million in funding for Pacific Gas and Electric Company (PG&E) to develop three new pilot programs to test ways in which bidirectional EVs and chargers can provide power to the electric grid and various benefits to customers. PG&E will test bidirectional charging technology in a variety… Read more »
Volkswagen Group launches Scout brand to build electric pickup and SUV for US market
The Volkswagen Group plans to launch an electric pickup and “rugged SUV” in the US market. What’s more, the company will establish a separate, independent company to produce the new EVs. “The vehicles will be designed, engineered, and manufactured in the US for American customers,” says VW. Volkswagen will resurrect the Scout nameplate, which was… Read more »
2022 Ford F-150 Lightning First Drive: Ford’s most valued model is now electric
Ford knows trucks, and demand for its F-150 Lightning shows truck buyers may not be as afraid of EVs as many think. The 2022 Ford F-150 Lightning pickup truck may be the first real mass-market electric vehicle sold in the US. Used by individual owners and businesses alike, pickups are a massive part of the… Read more »
LG Magna e-Powertrain breaks ground on new EV component plant in Mexico
Executives from LG Magna e-Powertrain, LG Electronics, Magna, GM, and local government officials gathered together to break ground at LG Magna e-Powertrain’s new plant in Ramos Arizpe, Mexico. The new facility will be the company’s first production base in North America. The 260,000-square-foot plant will be complete by 2023, and will begin producing inverters, motors… Read more »
TWAICE raises additional $30 million Series B funding to expand battery simulation model library
Battery analytics software company TWAICE has raised $30 million in additional Series B funding, in addition to the $26 million in Series B financing raised in May of 2021. The funding round extension includes existing investors. TWAICE will use the funding to further optimize its cloud analytics platform and grow in Europe, North America, and… Read more »