Search Results Found For: "motiv power"

Castrol invests $50 million in Gogoro’s battery-swapping platform

UK-based industrial and automotive lubricants supplier Castrol, part of the bp group, will invest up to $50 million in Taiwanese battery swapping firm Gogoro. Gogoro is developing is an open and interoperable battery swapping platform for lightweight two-wheeler and three-wheeler urban vehicles. The company aims to accelerate the shift to sustainable two-wheeler transportation in the… Read more »

Emobi and Autocrypt collaborate to make Plug & Charge EV charging more secure

Emobi, an e-mobility roaming network provider, and Autocrypt, an automotive cybersecurity provider, have been working together since 2023 to develop a secure communication framework for EVs and charging stations based on ISO 15118-2 and ISO 15118-20 standards. The collaboration has focused on “building a robust Public Key Infrastructure (PKI) to address errors and data inconsistencies… Read more »

Rheinmetall receives major order for several million electric coolant pumps

German automotive and arms manufacturer Rheinmetall has received an order, valued in the low-three-digit-million-euro range, from an international car manufacturer, for several million electric coolant pumps to be used in hybrid vehicles. Production has started and will continue until 2030; a service contract will run until 2045. Electric coolant pumps are used in electric and… Read more »

DOE announces $1.7 billion in grants to convert facilities for EV production and support US auto workers

Some folks fear that the transition to EVs will lead to major job losses in the auto industry—and not without reason, as EVs require different (and fewer) components than legacy ICE vehicles. Auto plants around the country are in danger of downsizing or shutting down altogether, and helping these facilities to retool for EV production… Read more »

Engineering AI platform Neural Concept raises $27 million in Series B funding

Switzerland-based Neural Concept, which is developing an engineering intelligence using 3D deep learning for product design, has raised $27 million in a Series B funding round. The round was led by Forestay Capital. Investment and technology development firm D. E. Shaw and existing investors Alven, CNB Capital, HTGF and Aster Group also participated. The round follows… Read more »

Honda and Mitsubishi form EV joint venture

Japanese automotive manufacturers Honda Motor and Mitsubishi have announced plans to establish a new 50/50 joint venture (JV) company called ALTNA in July 2024. The new JV is based on an agreement the two companies signed in October 2023 to collaborate on new EV businesses. ALTNA will combine Honda’s control and connected technologies for EVs… Read more »

Ricardo teams with Wuzheng to develop electric agricultural machinery

UK-headquartered engineering consultancy Ricardo has signed a strategic cooperation agreement with Chinese commercial vehicle manufacturer Wuzheng to research and develop powertrains for electric tractors and agricultural machinery. The companies will work together to investigate new technologies and more efficient powertrains for Wuzheng’s agricultural machinery equipment product range. Ricardo’s global network of automotive engineers and energy… Read more »

Newest Mouser series explains zonal architectures for software-defined vehicles

As the automotive industry shifts towards electric vehicles and advanced driver assistance systems, modern designs require significant hardware and software upgrades. Mouser Electronics, a global distributor of semiconductors, electronic components and industrial automation products, explains that designers are increasingly relying on zonal architecture to maximize efficiency within individual subsystems while allowing for easier management of… Read more »

ZF produces first 1,000 CeTrax lite drives for commercial EVs

German automotive company ZF has built 1,000 CeTrax lite electric drives for light commercial vehicles since it started volume production in April 2023. CeTrax lite is an all-electric drive with a peak output of 150 kW that sits centrally in the vehicle frame—replacing the transmission in combustion vehicles. It is an all-electric central drive, which… Read more »