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Search Results Found For: "hyundai"

Factorial Energy raises $200 million for solid-state battery tech

Massachusetts-based solid-state battery developer Factorial Energy raised $200 million in a Series D funding round from Mercedes-Benz and Stellantis. It will use the funding for research and development, commercial production and the deployment of batteries with its Factorial Electrolyte System Technology (FEST) electrolyte. While Stellantis announced 2026 as its goal for introducing the first competitive… Read more »

Rimac Group spins off Rimac Technology as standalone business

The Rimac Group has spun off Rimac Technology as a wholly-owned independent company. Sister company Bugatti Rimac (previously Rimac Automobili) is jointly owned by the Rimac Group, which has a 55% stake, and Porsche, which owns the remaining 45%. Bugatti Rimac will continue to focus on building “hypercars,” while Rimac Technology will provide components to… Read more »

Utrecht plans to be a bidirectional city, turning its EVs into a giant battery

The Dutch city of Utrecht is already pretty green. The rate of car ownership is far lower than in the US. The city boasts the world’s largest bike parking garage and an extensive network of bike lanes, and a new car-free neighborhood for 20,000 people is on the drawing board. Even here, however, cars aren’t… Read more »

IONITY announces €700-million investment to expand charging network

European charging network IONITY has secured €700 million in new investment from current shareholders and a new investor: the BlackRock Global Renewable Power platform. This investment will enable IONITY to quadruple the number of its high-power 350 kW charging points to 7,000 by 2025. The new charging points will be situated on motorways, near major… Read more »

CharIN announces 5th North America Conference and Testival

The Charging Interface Initiative (CharIN) is a trade association that promotes the Combined Charging Standard (CCS). A major aspect of its work is to facilitate real-world testing of its members’ products. Now CharIN has announced that the 5th North America Conference and Testival will take place at Lucid Motors Headquarters in Newark, California on November… Read more »

Rimac and Bugatti officially tie the knot

It’s an interesting pairing—an iconic luxury and racing brand that was founded in 1909, and an EV startup that was founded in a garage and invented the Croatian auto industry in 2009. Rimac Automobili has officially combined with Bugatti Automobiles to form a new company called Bugatti Rimac. The two will continue to operate as… Read more »

Noodoe’s EV Exceed DC fast charger cranks out 950 volts

Most of today’s EVs operate on 400-volt systems, but 800 volts is clearly the near future. Higher-voltage systems can deliver the same amount of power with less current, which means that charging rates can get higher without making charging cables impractically heavy and bulky. Charger manufacturer Noodoe explains that DC fast chargers are going to… Read more »