Umicore has announced that it holds a stake in solid-state battery specialist Solid Power, following Solid Power’s announcement of its intent to become a publicly listed company. Umicore built its stake through earlier Series A and B investment rounds. Solid Power also counts Ford, BMW, Hyundai and Samsung among its investors. The company claims that… Read more »
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Five companies produce almost all EV battery cells for the US market
Five companies (AESC, LG Chem, Panasonic, Samsung and SK Innovation) produced almost all the battery cells used in plug-in vehicles for the US market over the past decade. Total capacity produced was 75,933 MWh. Panasonic supplied 74% of all the cells, and a majority of these were installed in Tesla battery packs. A small percentage… Read more »
Tesla Q2 earnings report: record billion-dollar income, delays for Semi and Cybertruck
The headline figure of Tesla’s second-quarter 2021 earnings report was a blockbuster: $1.1 billion in GAAP net income, a new record for the company and an astounding success for a young automaker. The milestone was reached thanks to the soaring sales of Models 3 and Y—the former is now outselling many gas burners in several… Read more »
Several battery suppliers are working on Tesla’s 4680 cells
Tesla says its new 4680 battery cell, unveiled at the 2020 Battery Day event, represents a “massive breakthrough” that could enable a new generation of cheaper EVs. However, some industry experts have predicted that mass-producing the new cells will not be easy. Concurrently with developing the new cells, Tesla has been broadening its battery supply… Read more »
Tesla to upgrade Supercharger network to 300 kW of power
Tesla was way ahead of the charging curve with its Supercharger network, and by most accounts, the proprietary network remains the best option for long-distance EV travel. In terms of power levels however, the state of the art has passed Tesla by—new DC fast chargers from Electrify America and others can deliver up to 350… Read more »
An EV laggard reverses course—Australian’s New South Wales announces promising pro-EV policy package
Australia is one of the least charged of the world’s wealthy countries. During the 2019 elections, Prime Minister Scott Morrison characterized EVs as a threat to Australians’ way of life, and that seems to have set the tone for Australia’s EV policy, or lack thereof, ever since. Until now, there has been little or no… Read more »
2022 Chevrolet Bolt EUV: Chevy’s lowest-priced electric car gets a big brother
US drivers see the Bolt EUV as a larger, better-equipped version of Chevy’s first modern electric car. But the EUV first went into production last year in China—as a Buick. If it were a person, you might almost feel sorry for the 2022 Chevrolet Bolt EUV, which was launched in February. It’s a brand-new vehicle,… Read more »
Infineon introduces SiC six-pack power module for EV traction inverters
Infineon Technologies has introduced a new automotive power module with CoolSiC MOSFET technology. At this year’s virtual PCIM trade show, Infineon will present the new HybridPACK Drive CoolSiC, a full-bridge module with a 1,200-volt blocking voltage optimized for EV traction inverters. The power module is based on the automotive CoolSiC trench MOSFET technology for high-power… Read more »
VW to enable bidirectional charging on all EVs on its MEB platform starting next year
Bidirectional charging is the technology of the hour. It enables vehicle-to-grid—or should we say, vehicle-to-anything (V2X)—applications, which promise to greatly facilitate the integration of EVs and renewable energy into the grid, to offer opportunities for fleets to offset their electrification costs, and to allow other handy capabilities, such as backup power. Now Volkswagen has given… Read more »
Lightyear closes $48-million funding round, aims to deliver solar-powered EV this year
Solar-powered cars, like flying cars, have long been a sci-fi staple, but thanks to ever-more-efficient PV panels, they could soon enter the realm of reality. Aptera says its upcoming EV will be able to incrementally charge from solar panels, and Hyundai/Kia has announced plans to add panels to certain models. Now the Dutch startup Lightyear,… Read more »
