Brazil is poised to become the next EV hotspot, according to a new study from Frost & Sullivan. The company’s Strategic Analysis of Brazil Electric Vehicle Market [sic] estimates that 35 plug-in models will be launched in Brazil, and sell some 80,877 units by 2020. PHEVs will account for more than 70 percent of the… Read more »
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Cadillac says the ELR will be priced for the discerning few
The Cadillac ELR may be based on the same powertrain as the Chevy Volt, but it’s aimed at quite a different market segment, and it appears GM intends to keep production low and prices high. When GM unveiled the luxury PHEV in January, it indicated that the sticker price would reflect its exclusivity. But, with… Read more »
New report: DC fast charging poised for exponential growth
DC fast charging is about to take off like a rocket-powered drag racer, according to IHS Automotive (NYSE: IHS). The market analysis firm’s new report predicts that the worldwide number of public fast chargers will grow to 5,900 by the end of 2013, nearly triple to 15,200 in 2014, and explode to almost 200,000 stations… Read more »
UK railway to test battery electric train
The UK’s Department for Transport, together with railroad operator Network Rail and equipment manufacturer Bombardier, is developing a prototype battery-powered locomotive as part of a study into the feasibility of using battery electric trains on parts of the railway which have not been electrified. According to Network Rail, electric trains are quicker, quieter, and more… Read more »
Peugeot evaluates Nickel-Zinc batteries for stop-start vehicles
PowerGenix, a developer of Nickel-Zinc (NiZn) batteries, announced that it has entered into an innovation contract with PSA Peugeot Citroen Automobiles. Peugeot will conduct an evaluation of NiZn batteries as a replacement for lead-acid in stop-start vehicles. Stop-start technology is one of the most cost-effective and efficient means of optimizing fuel economy. Current estimates put… Read more »
New Panamera PHEV provides progress over its predecessor
Porsche’s new Panamera S E-Hybrid PHEV incorporates dramatic improvements over the hybrid model that it’s replacing, and the company expects that to drive dramatically better sales. Porsche is forecasting about 10,000 sales over the E-Hybrid’s life cycle, which represents double the figure for the company’s first-generation hybrid, and about 10 percent of all Panamera sales…. Read more »
Ultracap manufacturer raises $15 million in funding
Ioxus, a manufacturer of ultracapacitor technology, has raised $15 million in Series C funding from investors. The Westly Group, a venture capital firm based in Menlo Park, California, led the financing. The company plans to use the funds to further research and development, expand manufacturing capabilities and increase sales and marketing operations. Ultracapacitors (aka ultracaps… Read more »
BMW announces pricing of new electric i3
BMW has announced pricing for its upcoming i3 electric vehicle. MSRP in the US will be $41,350 (plus a “destination & handling fee” of $925). Prices in the UK will start at £25,680, or £369 a month (for a 36-month, 24,000-mile lease with a down payment of £2,995). BMW hasn’t said anything yet about leasing… Read more »
South Korean/Chinese joint venture to become China’s biggest maker of EV batteries
South Korea’s SK Innovation Company, China’s state-owned Beijing Automotive Industries Holding Co. and LCD maker Beijing Electronics Holding Co. have agreed to form a joint venture to produce battery packs for EVs, Asian Power reports. The new JV will invest $166.4 million to build a battery plant that will have an annual production capacity of… Read more »
Wildcat Discovery Technologies’ new cathode materials
We first told you about Wildcat Discovery Technologies back in the October/November 2012 issue of Charged. It is a venture-backed start-up in Southern California that has developed proprietary methods for rapidly synthesizing energy-storage materials. The company boasts that one of its busy scientists can produce 400 to 500 different battery materials at the same time… Read more »