Toyota Tsusho, a member of the Toyota Group, announced that it has signed a Share Subscription Agreement with Orocobre Limited to become a 15% shareholder. The total investment amount will be about AUS $292 million. The company believes that lithium demand is expected to continue growing with the shift to EV, in addition to the… Read more »
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A closer look at power factor correction
Power Factor Correction (PFC) used to be something that electronics manufacturers only grudgingly added to a product – usually because of complaints about breakers tripping prematurely, or to meet regulatory requirements in the EU – but these days PFC is showing up in more and more products. While one should never underestimate the ability of… Read more »
VGI’s coming of age: Automakers, utilities and charging companies are developing business models for vehicle-grid integration
By Scott Shepard, Senior Research Analyst with Navigant Research’s Transportation Efficiencies program Vehicle-grid integration (VGI) is a topic that tends to be at the fringes of coverage of transportation electrification. Developments in the VGI field are often overshadowed by Tesla Model 3 delivery timelines or by the range specs of the next-generation Nissan LEAF. Regardless,… Read more »
2017 plug-in sales up 26%, Tesla and Chevy on top
Plug-in sales have failed…to reach the milestone of 200,000 units. Total US sales for 2017 were 199,826 (according to InsideEVs), a 26% increase compared to 2016’s 158,614. Worldwide sales were well over a million. December saw the biggest US monthly sales in history, and was the 27th consecutive month that sales were greater than the… Read more »
BMW Group invests 200 million euros in Battery Cell Competence Center
The BMW Group plans to consolidate its battery cell expertise at a new interdisciplinary competence center, which will open in early 2019. The company will invest a total of 200 million euros in the location over the next four years. Speaking at the ground-breaking ceremony, BMW Board Member Klaus Fröhlich said, “We will be concentrating… Read more »
DC fast charging comes to Lebanon
French power solution provider DBT has installed what it says are the first DC chargers in Lebanon, in partnership with local petroleum group MEDCO. DBT has opened two 50 kW tri-standard chargers in Beirut, and will soon install two more. The new fast chargers are compatible with all EV models available in Lebanon, and can… Read more »
New report analyzes global market for recycled lithium and cobalt
In a new analysis of the global end-of-life value chain for lithium-ion batteries, consultancy Creation Inn predicts that the total amount of recycled lithium could reach 5,800 tons (30,000 tons lithium carbonate equivalent) in 2025, 9 percent of the total lithium battery supply, while the amount of cobalt from recycled batteries is expected to reach… Read more »
BMW to showcase 5 EVs at LA show
The BMW Group will present 5 EVs at the 2017 Los Angeles Auto Show, including one new production vehicle, the BMW i3s. BMW recently reported that EVs and PHEVs now account for 5.5% of total sales in the US. By 2025, the company plans to offer 25 electrified models, 12 of them pure EVs. The… Read more »
Automakers launch joint venture to build 350 kW European charging network
BMW, Daimler, Ford and the Volkswagen Group have launched a joint venture called IONITY, which will develop and implement a High-Power Charging (HPC) network across Europe. The network will use the CCS charging standard, and each charging point will have a capacity of up to 350 kW. A total of 20 stations will be opened… Read more »
Workhorse’s plug-in pickup truck draws $300 million in pre-orders
Tesla isn’t the only company demonstrating pent-up demand for EVs. Workhorse Group (NASDAQ: WKHS) says it has received $300 million worth of pre-orders for its W-15 plug-in hybrid pickup truck. CEO Stephen Burns told Autoblog that soliciting advance orders was part of the company’s strategy. “We couldn’t build it and hope [customers] came,” he said…. Read more »