EV startup Rivian’s Q4 2021 Shareholder Letter is reminiscent of the ones we used to see from a certain other Californian EV startup in its idealistic younger days—full of forward-looking technical innovations. Rivian appears to embracing several current trends on the EV scene—going bidirectional and moving towards 800 volts, LFP cells and more in-house production… Read more »
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Redwood Materials collaborates with Ford and Volvo on battery recycling pilot
Redwood Materials, the battery materials firm founded by Tesla cofounder JB Straubel, has launched a battery recycling pilot in California that aims to “establish efficient, safe and effective recovery pathways for end-of-life hybrid and EV battery packs.” Ford and Volvo are the first automakers to directly support the program, but the company will accept all… Read more »
California budget proposal includes $6.1 billion for EV initiatives
California Governor Gavin Newsom has presented a $286.4-billion budget proposal for the 2022-2023 fiscal year. This so-called California Blueprint includes $22.5 billion in climate-related investment, and some $6.1 billion of this consists of EV-related initiatives. Newsom defended the aggressive scale of the state’s proposed investment, and gently chided the US federal government for its far… Read more »
Stellantis to display several new EVs at CES in January
Stellantis, which manufactures cars under no less than 14 separate brands, will be showing off several new plug-in models at CES 2022 in Las Vegas, on January 5-8. “Electrification, with our 30 electrified models available including fuel cell vans, connectivity and autonomy are all important facets of [the] future, but each cannot stand alone,” said… Read more »
Battery startup Mitra Chem raises $20 million in Series A funding round
Mitra Future Technologies, also known as Mitra Chem, has raised $20 million in a Series A funding round led by Social Capital Holdings. The startup aims to boost the North American battery supply chain by producing an iron-based cathode. Iron-based battery chemistries have long dominated the market in China, while US and European automakers have… Read more »
2023 Toyota bZ4X: Japan’s largest carmaker joins the EV race
Facing off against compact crossover EVs from Ford, Hyundai, Kia, Nissan, Volkswagen, and of course Tesla, the Toyota badge on the nose of the bZ4X may be enough for many buyers. The 2023 Toyota bZ4X electric SUV made its public debut Wednesday at the Los Angeles auto show, one of several EVs unveiled at a… Read more »
Nth Cycle says its electroextraction tech significantly reduces transportation costs for Li-ion battery recycling
Refining the circular economy for battery materials. As the e-mobility transition accelerates, demand for critical minerals is growing exponentially. Companies on the cutting edge, such as Tesla, are already experiencing shortages. However, to extract ever more minerals by mining and dispose of the waste in landfills, would be to continue the practices that got the… Read more »
Ford and Redwood Materials to collaborate on battery recycling
Redwood Materials, the battery materials firm founded by Tesla cofounder JB Straubel, has announced a partnership with Ford. The two companies will work together to “create a closed loop for battery recycling and a domestic supply chain for critical battery materials.” Ford also made a strategic investment of $50 million in Redwood. “Excited to work… Read more »
Joby Aero completes 150-mile flight with electric VTOL air taxi
California-based Joby Aero has achieved an important milestone in the development of its electric air taxi, flying a full-size prototype vehicle more than 150 miles on a single charge, including a vertical take-off and landing. The flight was completed at Joby’s Electric Flight Base in Big Sur, California. The aircraft, piloted from the ground by… Read more »
Five companies produce almost all EV battery cells for the US market
Five companies (AESC, LG Chem, Panasonic, Samsung and SK Innovation) produced almost all the battery cells used in plug-in vehicles for the US market over the past decade. Total capacity produced was 75,933 MWh. Panasonic supplied 74% of all the cells, and a majority of these were installed in Tesla battery packs. A small percentage… Read more »