The DOE is encouraging auto suppliers to step forward for a share of $16 billion in low-interest financing that’s still available under the Advanced Technology Vehicles Manufacturing (ATVM) loan program. Congress created the ATVM program in 2007, and it famously lent about $8.4 billion to Ford, Nissan, Tesla and Fisker. Although the program hasn’t approved… Read more »
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Tom Gage on ZEV mandates, Tesla’s early days, BMW’s EV commitment and V2G tech
Q&A with the EV trailblazer Tom Gage Tom Gage is one of America’s true EV pioneers. He’s perhaps best known as one of the designers of the tzero electric sports car that provided the inspiration for the Tesla Roadster. However, that is far from his only contribution to the electric mobility field. Charged recently caught up… Read more »
Remy to supply motors for EchoDrive plug-in hybrid system
Echo Automotive (OTCQB: ECAU) has announced an agreement with Remy International to supply electric motors for Echo’s EchoDrive plug-in hybrid system, which is scheduled for production later this year. “Remy has over 100,000 electric motors on the road with over 2 billion miles and over 10 years of electric traction motor production,” said Echo President… Read more »
DENSO begins field test of wireless battery charging system
Global automotive supplier DENSO is beginning a ten-month field test of its wireless battery charging system in Toyota City, Japan. The test is intended to identify any potential operational issues and look at ways to enhance the convenience of wireless charging. For the test, DENSO has equipped a delivery truck with a power receiver that… Read more »
Golf GTE plug-in hybrid to debut in Geneva
Volkswagen will present its new Golf GTE plug-in hybrid at the upcoming Geneva International Motor Show. This is a significant milestone for the European automotive market, as the Continent’s most popular model line will now be available with a range of powertrains (gas, diesel, CNG, PHEV and fully electric). The Golf GTE has a 1.4-liter,… Read more »
Tesla does it again: sales, revenue, stock price take off
Tesla has done it again. Financials for the fourth quarter of 2013, released this week, show record sales, growing revenue and dwindling net losses. Wall Street dug it. TSLA stock has broken out past the $200 mark and set a new all-time high. By the way, the stock market utterly ignored last week’s report of… Read more »
ABB to supply DC fast chargers for China’s DENZA EV
Power and automation technology group ABB has announced a strategic collaboration with BYD Daimler New Technology (BDNT) to supply DC fast chargers over the next six years for the DENZA EV, which is scheduled to make its debut at the Auto China trade fair in Beijing in April. The Chinese government has introduced a DC… Read more »
Bosch, GS Yuasa and Mitsubishi: We intend to double Li-ion battery capacity
Three automotive giants have unfurled their banners in the crusade to build a better battery. Robert Bosch, GS Yuasa and Mitsubishi have set up a joint venture, called Lithium Energy and Power, to develop next-generation lithium-ion battery technology with an ambitious goal of doubling energy capacity. The intrepid partners announced no target date for reaching… Read more »
Kia unveils new Soul EV, to go on sale this year
Kia unveiled its 2015 Soul EV at this week’s Chicago Auto Show. Scheduled to go on sale in the third quarter of 2014, the compact hatchback will be Kia’s first EV sold in the US, initially in just a few states, including California, Oregon, New York, New Jersey and Maryland. Pricing will be announced closer… Read more »
Phinergy partners with Alcoa to commercialize its aluminum-air batteries
The potential of aluminum as an energy storage medium is no secret – you may have seen the internet videos showing how to make a crude battery from aluminum foil, charcoal and salt. However, a company called Phinergy has a much grander (and hopefully more practical) vision. The Israeli startup has signed a joint development… Read more »