UK-based YASA Motors has secured an additional £5 million in funding. The new equity finance has been raised from a combination of existing and new investors, and will be used to increase production capacity and to expand the company’s commercial activities. YASA manufactures a highly differentiated axial flux electric motor and generator based on its… Read more »
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Report: sharp growth for battery materials market, driven by EV industry
Dallas, Texas market research and consulting company MarketsandMarkets predicts that the global battery materials market will be worth $11.3 billion by 2018. In 2012, its value was $5.1 billion, and the firm estimates a 13 percent compound annual growth rate from 2013 to 2018. They expect electric vehicles to be the key revenue generators for… Read more »
RideApart names 2014 Mission RS Bike of the Year
It wasn’t long ago that most people, if they were aware of electric vehicles at all, thought of them strictly as small, slow, flimsy things, perhaps suitable for short trips to the health food store. Who would have predicted that one of the first automotive niches to be conquered by electricity would be…high-performance motorcycles? Well,… Read more »
The most interesting part of the 2014 Cadillac ELR is the software
We often hear automotive engineers talk about the need for a better understanding of the components of an EV. Some have said that there is an inherent inefficiency in many systems because the parts – like the battery cells, motors and inverters – have historically been developed independently of each other and then integrated together…. Read more »
Maxwell and SK to jointly develop ultracap/battery combo
Ultracapacitors (aka ultracaps or supercapacitors) are the toast of the town, thanks to their rapid charge and discharge capabilities, tolerance of extreme temperature conditions and long operational life. However, their killer application may be as partners with lithium-ion batteries, which offer higher energy density. Maxwell Technologies (Nasdaq: MXWL), a manufacturer of ultracapacitor-based energy storage products,… Read more »
ABB earns UL listing for SAE Combo DC fast chargers
ABB, the international power broker, announced that it has received the Underwriters Laboratories (UL) listing for its latest family of DC fast chargers, the Terra 53 with SAE Combo functionality. The Terra 53 is available in 20 kW, 30 kW, 40 kW and 50 kW models, and buyers have the option of compatibility with SAE… Read more »
SolarCity’s new smart energy storage system uses battery technology from Tesla
To realize the full benefits of renewable energy, some form of energy storage is critical – this is one reason why EVs and renewables are complementary technologies. So it’s no surprise that SolarCity (Nasdaq: SCTY) has unveiled a smart energy storage system that was developed with battery technology from Tesla (Nasdaq: TSLA). SolarCity’s new DemandLogic… Read more »
Porsche 918 Spyder sets Nürburgring record
What’s the most fuel-efficient model in Porsche’s lineup? Now, what’s the company’s fastest street-legal model? Many will be surprised to learn that both these superlatives belong to the same car: the 918 Spyder, which was on display at last week’s LA Auto Show. As McLaren (with the P1) and Ferrari (with the LaFerrari) have also… Read more »
BMW i3 bares it all in LA
As BMW prepares to bring its new i3 to market in 2014, expectations are running high. The upscale city car fills a vacant niche in the market, and it embodies all the advantages of a pure EV. Equally important, the company seems committed to making the i3 a success in the marketplace, rather than taking… Read more »
Croatian company builds electric record-setting super sports car
What’s the fastest accelerating EV in the world? The Spark Formula E racer? The Drayson B12? Nope – according to Guinness, it’s a converted BMW built by Croatian engineer Mate Rimac. If you feel the need to get to 60 mph in under three seconds, you can actually buy Rimac’s latest model, the Concept One,… Read more »
