Filters
Your Selections
    [clear all]
    Asset
    Published
    Vehicle Domain
    Topical Categories
    Supplier
    OEM
    Region / Country/Territory
    Power politics over ICE ban – Will OEMs get their way?
    In October 2022, EU lawmakers agreed on a new carbon dioxide (CO2) fleet regulation for passenger cars and light commercial vehicles, adopting the target of zero CO2 emissions by 2035. As CO2 emissions are measured exclusively at the tailpipe, this decision is effectively a ban on vehicles with internal combustion engines (ICEs). Although a final rubber-stamp vote by EU member states was scheduled for earlier this March, a coalition of EU countries (led by Germany) is now looking to oppose th...
    Talking Heads: Software defined vehicles
    Software-defined vehicles (SDVs) have been everywhere these past few months, with the noise reaching a crescendo after the recent CES in Las Vegas. Trouble is, it’s not exactly new. It’s just that the auto industry loves a mega trend or a concept that helps explain everything. And to be fair, SDV does knit together a whole gamut of developments in the industry rather neatly.  Click the link above to download the whole article.
    Marelli to lay off 400 employees in Italy
    Italian automotive supplier Marelli is set to lay off 400 employees in Italy following an agreement with workers’ unions, Reuters reported on March 21. The move comes in the backdrop of rising costs of raw materials and falling sales due to supply chain issues. Marelli will invest $78.7 million this year to strengthen production in 15 Italian sites. “On redundancies a framework agreement was reached that rules out forced layoffs," Italian unions said in a joint statement after striking a ...
    LG Energy to invest US$5.5 billion to build a new battery plant in Arizona
    LG Energy Solution announced an investment of approximately 7.2 trillion South Korean won (about US$5.5 billion) to build a battery manufacturing complex in Queen Creek, Arizona. It will consist of two manufacturing facilities — one for cylindrical batteries for electric vehicles (EV) and another for lithium iron phosphate (LFP) pouch-type batteries for energy storage systems (ESS). It marks the largest single investment ever for a stand-alone battery manufacturing facil...
    AutoTechInsight Weekly – 27 March 2023
        Click the link above to download this week's issue
    Germany and EU hold positive talks over planned phaseout of ICE vehicles
    Germany and the EU are set to resolve a dispute over the planned phaseout of vehicles with internal combustion engines (ICEs) by 2035, a Reuters report quoting EU leaders read on March 23. Germany's Transport Ministry has wanted assurances over new ICE cars being sold beyond 2035 if they run on e-fuels. “Negotiations are progressing. There is a will on both sides to resolve this topic. I am confident that soon we will find a good solution,” said European Commission head Urs...
    Umicore and PowerCo JV obtains regulatory approvals to start battery-materials production in Europe
    Umicore and PowerCo, the new battery company of the Volkswagen Group, have obtained full regulatory approvals for their joint venture announced in September 2022, it said in a press release dated March 23, paving the way to prepare for large-scale industrial production of cathode active materials (CAMs) and precursor materials (PCAMs) in Europe. CAMs are the key technological lever for battery performance, as well as the single biggest contributor to overall battery cost. They are thus s...
    LG Chem ships reverse osmosis membranes to lithium-extraction project in China
    LG Chem announced the shipment of more than 10,000 reverse osmosis (RO) membranes to the Guoan lithium-extraction project, in a press release dated March 22. The Guoan project is the largest salt lake lithium extraction project in China and is led by CITIC Group. TUS-Qingyuan, which manages the lithium-extraction project across engineering, procurement and construction, expects to produce 20,000 tons of lithium carbonate annually by using LG Chem’s RO membranes. This is equivalent...
    Lishen Battery gets US patent for air-cooled energy storage module
    Lishen Battery announced that it has received a patent authorization from the United States Patent and Trademark Office (USPTO) for its air-cooled energy storage module, in a press release dated March 22. It has also entered into strategic partnerships with international customers based on the patent. The energy storage technology is developed to solve problems of large capacity cells, and to control the cell temperature and increase products' life cycle. The technology combine...
    Stellantis and Samsung SDI start construction of EV battery plant in the US
    Stellantis and Samsung SDI started the construction of their joint venture electric vehicle (EV) battery manufacturing facility in Kokomo, Indiana, with the raising of the first piece of steel that will form the structure of the new gigafactory, it said in a press release dated March 22. Targeted to launch in the first quarter of 2025, the plant aims to have an initial annual production capacity of 23 gigawatt-hours (GWh), to be increased to 33 GWh in the next few years. The new facility...
    ACEA reiterates call to prevent loss of industry competitiveness
    European Automobile Manufacturers’ Association (ACEA) called on European Union leaders to speed up action to secure the EU’s industry competitiveness, the group said in a press release on March 21. The comments were made by the association members in the light of changing regulations due to cutting down emissions. “A major challenge for the automotive sector over the last years has been the sheer volume of new legislation, spanning from tailpipe carbon dioxide-emissions reduct...
    BYD partners with NVIDIA to leverage NVIDIA DRIVE — a compute platform in its EVs
    BYD is partnering with Nvidia to extend its use of the NVIDIA DRIVE Orin, a centralized compute platform, in a broader range of its new-energy vehicles (NEVs), a company press release dated March 21 said. The enhanced partnership expands BYD’s use of DRIVE Orin across the multiple models in its next-generation Dynasty and Ocean series of vehicles, bringing safe and intelligent vehicles to market. Significance: Both companies consider future cars to be programmable, evolving fro...
    Aiways to expand its European Tech Center in Munich
    Aiways is set to expand the IT hub at its European Tech Center in Munich, it said in a press release dated March 16. The expansion will enable the company to focus not only on software improvements but also on system integration and use of hardware on artificial intelligence-technology operating system (AI-Tech OS). The expanded center will focus on continuously updating functions such as battery management, electric motor control, driver assistance systems and infota...
    Dongfeng Motor launches two electric cars with Protean's in-wheel motors
    Leading Chinese OEM Dongfeng Motor has launched two new passenger cars powered by ProteanDrive Pd18 in-wheel motors, a company press release dated March 21 said. The E70 is the world’s first fully homologated passenger car equipped with ProteanDrive, alongside the Voyah Zhuiguang, a luxury sedan built on a new vehicle platform using in-wheel motors. In-wheel motor technology enables improvements in space, acceleration and cornering speed on the existing E70 vehicle platform. ...
    Saietta and Avtec join hands to supply eDrives to lightweight EVs in India
    Saietta, a British electric drive (eDrive) specialist, signed a master supply agreement with AVTEC Limited, one of the largest independent manufacturers of powertrain and precision-engineered products in India, according to a company press release dated March 20. The eDrives have been designed for lightweight electric vehicles (EVs) for its first set of commercial agreements secured with one of the largest OEMs in the Indian light-duty mobility market, with production targeted for t...
    Hyundai Mobis’ new in-wheel motors go on trial on the IONIQ 5 EV
    Hyundai Mobis developed an in-wheel system that allows the motor to control each wheel directly. The key technologies for the in-wheel system, including the drive motor and the controller, have been developed by Hyundai Mobis in-house, the company said in a press release dated March 20. This in-wheel system is the latest technology with no record of being mass-produced anywhere in the world, and Hyundai Mobis is currently verifying its reliability for mass production based on IONI...
    AutoTechInsight Weekly – 20 March 2023
      Click the link above to download this week's issue
    Mercedes-Benz plans to invest billions in modernizing EV plants
    Mercedes-Benz plans to invest billions of dollars to modernize its plants in China, Germany and Hungary over the coming years, the magazine Automobilwoche reported, as the carmaker prepares to switch to electric vehicles (EVs) and cut emissions, according to Reuters on March 19. Mercedes-Benz said it will be ready to go electric by the end of this decade, where market conditions allow. "We are investing a three-digit million amount per plant for the run up," production manager ...
    Michigan House panel approves USD585 million in incentives for three battery plant projects
    The Michigan House panel has approved a combined USD585 million in state incentives to three major battery-manufacturing projects, The Detroit News reported on 15 March. The approvals came from the Michigan House Appropriations Committee. The panel approved transferring USD175 million for a project for Gotion, USD200 million for an Our Next Energy project in Van Buren Township, Michigan, US, and USD210 million for a Ford Motor project in Marshall, Michigan, US. The transfer requests must...
    LG Chem to license high-nickel cathode material patent to China-based suppliers
    LG Chem proposed to license out its high-nickel cathode material patent to China-based cathode material suppliers, it said in a press release on 16 March. LG Chem also plans to enforce its patent rights against other global cathode material companies. High-nickel cathodes are essential materials for electric vehicle (EV) batteries as they increase energy density to extend the driving range. “LG Chem's high-nickel cathode materials patent plays a determinant role in the per...
    Volkswagen plans to invest in mines to emerge as a global battery supplier
    Volkswagen (VW) plans to invest in mines to bring down the cost of battery cells, meet half of its own demand, and sell to third-party customers, the carmaker's board member in charge of technology said, according to a Reuters report dated 17 March. Europe's biggest carmaker wants its battery unit PowerCo to become a global battery supplier, as well as meet half its own demand with plants mostly in Europe and North America, Thomas Schmall told Reuters in an interview. Significance: VW...
    Blink Charging secures contract from USPS to provide EV charging stations
    Blink Charging secured an indefinite delivery/indefinite quantity (IDIQ) contract by the United States Postal Service (USPS) to sell up to 41,500 electric vehicle (EV) charging units to support EV charging infrastructure for the USPS as part of its vehicle-electrification strategy, it said in a press release dated 16 March. Blink will provide its Series 7 dual-port charger that features up to 80A of power at each port. These fast Level-2 AC chargers allow two vehicles to charge simultane...
    Audi issues OTA software update for Q4 e-tron lineup
    Audi will issue over-the-air (OTA) software updates across its Q4 e-tron and Q4 Sportback e-tron lineup, it said in a press release dated 14 March. Audi is updating all vehicles from the start of series production, up to and including model year (MY) 2022 vehicles with software version 3.2. The new software comes now as standard in series production for MY 2023 vehicles. The software update offers added value while charging. The “preferred charging time” function helps customers char...
    UP.Labs and Porsche launch company to analyze vehicle data
    UP.Labs partnered with Porsche to launch Pull Systems—a software platform that enables electric vehicle (EV) OEMs and operators to manage and automate performance, according to a press release dated 14 March. Pull Systems has also successfully secured USD5 million in a seed funding round, led by UP.Partners. Pull Systems contains proprietary machine-learning models that predict vehicle behavior under various scenarios. “Electrification is an extremely complex undertaking for the industry ...
    Enel X and MIDAC to jointly develop a sustainable lithium-battery supply chain in Italy
    Enel X and MIDAC are participating in research and development activities to build Italy’s first major recycling plant for lithium batteries used in electric vehicles (EVs), industrial systems, and stationary systems, a company press release dated 15 March said. This initiative, implemented in partnership with other Italian and European companies and research institutes, including the Italian National Agency for New Technologies, Energy, and Sustainable Economic Development (ENEA)...
    EV startup Arrival raises USD300 million from Westwood Capital
    In a press release dated 13 March, Arrival announced that it has raised USD300 million from Westwood Capital. The company has established an equity financing line with Westwood Capital, providing the company with access to additional liquidity. “I have come into the business as CEO at a critical time. Arrival has developed innovative technologies and know-how which position us strongly to address the considerable EV market opportunity. We have now taken important steps to help us take advan...
    Mercedes-Benz partners with Hunan Brunp for EV battery recycling project in China
    German automaker Mercedes-Benz has signed a memorandum of understanding (MOU) with Hunan Brunp to jointly undertake an electric vehicle (EV) battery recycling project, Hunan Brunp announced in a press release on 27 February. Under the partnership, Hunan Brunp will recycle the spent EV batteries of Mercedes-Benz and use key materials such as nickel, cobalt, manganese, and lithium to remanufacture battery-cathode materials. Hunan Brunp said that CATL, its parent company, will make battery-catho...
    US opens applications for USD2.5 billion program to build nationwide EV charging infrastructure
    The US government opened applications for a new multi-billion-dollar program to fund electric vehicle (EV) charging and alternative-fueling infrastructure in communities across the country, according to an official statement on 14 March. The new Charging and Fueling Infrastructure (CFI) Discretionary Grant Program will provide USD2.5 billion over five years to a wide range of applicants, including cities, counties, local governments, and Tribes. “By helping bring EV charging to communiti...
    Elon Musk and BYD deny report stating termination of partnership on battery supplies
    Tesla Inc. Chief Executive Elon Musk and Chinese electric vehicle (EV) and battery maker BYD have denied a media report stating that the two companies were terminating their partnership or EV battery supplies, Reuters reported on 14 March. BYD said that the report “is not in line with the actual situation,” in a response to Reuters, while Musk tweeted, “That media report is false. Relations between Tesla and BYD are positive.” The Korean Economic Daily had cited industry ...
    InterBattery 2023: Dow to showcase portfolio of solutions including silicone foams for EV batteries
    Dow will showcase its portfolio of solutions for electric vehicle (EV) batteries, including silicone foams, ethylene-propylene diene monomer (EPDM), polymer emulsions, and adhesives, at the InterBattery 2023 show in Seoul, South Korea, according to a company press release on 13 March. “With the growing interest in plug-in hybrid and battery-powered EVs, OEMs and tiers must be equipped with battery systems technologies that are not only safer and higher-performing, but also more su...
    Honda retools plants in Ohio, US, for EV and EV component production
    To accelerate the transition to electrification, Honda announced that it will be retooling its US production facilities. As part of the rejig, its Ohio, US, plant will be established as an electric vehicle (EV) Hub to lead the company’s journey to an electrified future in North America, a company press release dated 14 March said. In October 2022, Honda announced that it would invest USD700 million to retool several of its existing auto and powertrain plants to esta...
    Aptera gets USD21 million grant from CEC for solar mobility manufacturing
    Aptera Motors is set to receive a USD21 million grant from the California Energy Commission (CEC) to accelerate manufacturing of solar electric vehicles (EVs), it said in a press release dated 13 March. Aptera uses embedded solar panel power for up to 40 miles of driving, with the additional capacity for plug-in charging and a range of up to 1,000 miles. “Working with the CEC enables us to produce grid-free, carbon-neutral solar mobility while creating new jobs for all Californians (targeti...
    Electra produces lithium from battery recycling trial
    Electra Battery Materials Corporation, a processor of low-carbon and ethically sourced battery materials, announced the successful recovery of lithium, a critical mineral needed for the electric cehicle (EV) battery supply chain, in its black mass recycling trial being conducted at its refinery north of Toronto, Canada, a company press release dated 13 March said.  The recovery and subsequent production of a technical-grade lithium carbonate product in a plant-scale setting val...
    India and Australia to invest in lithium and cobalt supply chains
    India and Australia have reached a major milestone in working toward investment in critical minerals projects to develop supply chains between the two countries, a press release from the Indian government dated 11 March said. Talks between top government ministers of both countries have identified five target projects (two lithium and three cobalt) on which to undertake detailed due diligence. Both countries have agreed to deepen cooperation and extend their existing commitments to ...
    Volkswagen to set up battery cell plant in Canada
    To bolster its presence in North America, the Volkswagen Group announced plans to set up a brand-new battery cell manufacturing unit in St. Thomas, Ontario, Canada. Notably, this is Volkswagen’s first overseas gigafactory for battery cell manufacturing, which will produce sustainable unified cells. The start of production is planned for 2027, according to a company press release dated 13 March. PowerCo is set to become a key player in the development of the battery value stre...
    Indian government asks automotive component industry to increase investment on R&D
    The Indian government has urged the automotive components sector to invest more on research and development (R&D), in a press release dated 6 March. Union minister of Commerce and Industry, Piyush Goyal, has asked the automotive components industry to reflect on the level of investments, time, and effort that they have been putting in to develop new technology, new designs, and new products. “It would also help us provide solutions to other countries instead of being dependent on t...
    AutoTechInsight Weekly – 13 March 2023
      Click the link above to download this week's issue
    GWM unveils new hybrid technology to accelerate electrification
    Mainland Chinese automaker Great Wall Motor (GWM) showcased its new hybrid technology in a bid to speed up vehicle electrification, according to a company press release dated 12 March. The upgraded new hybrid technology—Hi4—is a new hybrid system that integrates hybrid, intelligent, and 4-wheel-drive technology. It can achieve a balance between high efficiency and high performance in all scenarios. For the hybrid architecture, GWM has established a multi-architecture parallel develop...
    American Battery Technology Company expands Li-ion battery recycling operations
    American Battery Technology Company (ABTC) entered into agreements for the purchase of a move-in-ready, commercial-scale battery recycling facility located in the Tahoe-Reno Industrial Center, Nevada, US, a company press release dated 8 March said. The company is a critical battery materials firm that is commercializing both its primary minerals manufacturing and secondary minerals lithium ion (Li-ion) battery recycling technologies. The demand for domestically produced and sustainably s...
    Allegro releases samples of linear Hall-effect current sensor IC
    Allegro MicroSystems has released samples of high-precision, field current sensor with high accuracy for traction and auxiliary inverter systems as well as battery management systems (BMS) in electric vehicles (EVs), according to a company press release dated 8 March. The ACS37601 is a programmable linear Hall-effect current sensor IC with overcurrent, overtemperature, and self-test capabilities that follows safety protocols as well as increase system efficiency and extend battery life. ...
    EV startup U Power partners with Renesas to develop high performance vehicle computer and UP Hub
    U Power has partnered with Renesas, under which UP Super Board will use Renesas' R-Car V4H and R-Car S4 system-on-chips (SoCs) to build its High-Performance Vehicle Computer (HPVC) and UP Hub, a company press release on 6 March said. The UP Hub functions as a domain controller with central gateway functionality and zonal gateway capabilities using Renesas chips to support scalable electronic control unit (ECU) designs. The UP Hub covers all mainstream types of in-vehicle communication inter...
    Amprius Technologies to set up GWh scale factory in Colorado, US
    Amprius Technologies has signed a letter of intent to establish a gigawatt-hour scale factory in Colorado, US, it said in a press release dated 9 March. The 775,000-square-foot facility is expected to be operational in 2025. The factory will be built in phases starting with an initial 500 megawatt-hours (MWh), with the potential of up to 5 gigawatt-hours (GWh) within the initial footprint. “The selection of Colorado for our gigawatt-scale factory marks an important milestone for Amprius. We...
    New polymer coating likely to enhance EV battery performance
    Scientists at Lawrence Berkeley National Laboratory (Berkeley Lab) have developed a conductive polymer coating—called HOS-PFM—that could enable longer-lasting, more powerful lithium ion (Li-ion) batteries for electric vehicles (EVs), according to a report in Science Daily, dated 7 March. "The advance opens up a new approach to developing EV batteries that are more affordable and easy to manufacture," said Gao Liu, a senior scientist in Berkeley Lab's Energy Technologies Area. The HOS...
    Volkswagen halts EU battery plants, awaits EU response to IRA
    Volkswagen is waiting to hear what the European Union's response to the US Inflation Reduction Act (IRA) will be before progressing with plans to build further battery plants in the EU, according to Reuters on 8 March. The Financial Times previously reported that Volkswagen was pausing plans for a battery plant in eastern Europe, the next expected plant in the region, and prioritizing building a plant in North America where it could reap EUR9–10 billion (USD10.54 billion) in subsidies....
    Tesla Investor Day 2023: Tesla focuses on the ‘big picture’
    Tesla's co-founder and CEO Elon Musk believes that the desire for people to own a Tesla car is very high. The limiting factor is the (un)affordability of these cars. Remedying that seems to be the next goal for Musk as he wants to reduce the cost of producing the next-generation Tesla models by almost half, making them more affordable. On 1 March, Tesla hosted its Investor’s Day at its Texas gigafactory, where it presented its ‘Master Plan 3’, which succeeds the previous two Master...
    Jaguar Land Rover seeks subsidy to build battery factory in UK
    According to a report published by Guardian News and Media on 1 March 2023, Tata Motors has asked the UK government for more than GBP500 million (USD531 million) in state subsidies to build a battery factory in Somerset. Tata Motors has reportedly requested for funds in the form of grants and support programs, such as assistance with energy costs and funding for research. According to the Financial Times, which first reported the EUR500 million figure, the automaker is deciding between t...
    AutoTechInsight Weekly – 6 March 2023
      Click the link above to download this week's issue
    Stellantis acquires equity stake in Argentinean copper mine
    Stellantis is investing USD155 million to acquire a 14.2% equity stake in McEwen Copper, a subsidiary of Canadian mining company McEwen Mining, which owns the Los Azules project in Argentina and the Elder Creek project in Nevada, US, the carmaker said in a press release dated 27 February. Los Azules will produce 100,000 tons per year of cathode copper at 99.9% purity starting in 2027 and the resources can secure the operation for at least 33 years. The investment will contribute to the carmak...
    Tesla set to cut EV assembly costs by half
    Tesla will cut assembly costs by half in future generations of cars, according to statements from engineers to investors, Reuters reported on 2 March. This would lead to a decrease in selling price for the customers. However, Elon Musk did not mention when Tesla would debut the affordable electric vehicle (EV). Over a dozen Tesla executives led by Musk discussed topics such as a white paper plan for the globe, sustainable energy, and innovation in managing operations from manufactur...
    UL Solutions plans to develop battery testing laboratory in Auburn Hills, Michigan
    UL Solutions has announced that it plans to open a new battery testing laboratory in Auburn Hills, Michigan, in mid 2024, according to a press release on 1 March 2023. UL Solutions' expert battery engineers and laboratory staff will test electric vehicle (EV) and industrial battery products for compliance with safety and performance requirements for US and global markets. The new laboratory will be located in the Auburn Hills Oakland Technology Park complex, near the world's automot...
    BYD Auto starts building a new battery plant in China
    According to a report by Just Auto dated 1 March, Chinese electric vehicle maker (EV) BYD Auto has started work on a new EV battery plant in Wenzhou, Zhejiang province. The company is eyeing higher growth globally in the zero-emission vehicle markets. The country’s largest EV manufacturer said it would invest CNY6.5 billion (USD941 million) in the first phase of the plant for an initial production capacity of 20-GWh of batteries, enough to power 200,000 EVs. BYD expects th...
    SKIET to plans to set up battery separator plant in the US
    South Korean battery parts manufacturer SK IE Technology (SKIET) is planning to set up a lithium-ion (Li-ion) battery separator plant in the US to cater to the increasing demand from battery manufacturers in the region, according to a company press release on 28 February. SKIET, a unit of SK Innovation that also owns EV battery manufacturer SK On, currently has battery separator factories in South Korea, China, and Poland with a combined production capacity of 1.53 billion square me...
    Stellantis to invest USD155 million in three Indiana plants to produce new electric drive modules
    Stellantis is set to invest a USD155 million in three Indiana plants to produce new electric drive modules (EDM), it said in a press release dated 28 February. The EDMs will be integrated into vehicles designed on the STLA Large and STLA Frame platforms. The EDM consists of the electric motor, power electronics, and transmission, which are combined into a single module to improve performance and range. The new EDMs will help each platform achieve driving range up to 800 km. “While w...
    Next.e.GO Mobile signs MoU with Trafigura for long-term supply of aluminum, battery metals
    Next.e.GO Mobile has announced that it has entered into a memorandum of understanding (MOU) with Trafigura to establish a long-term supply chain management service agreement focused on the supply of aluminum and battery metals such as lithium, cobalt, and copper, according to a press release on 28 February 2023. Headquartered in Aachen, Germany, e.GO designs and manufactures urban battery-electric vehicles (BEVs) with a concentration on convenience, dependability, and affordability. Innovativ...
    Honda partners with Ascend Elements to procure resources from recycled Li-ion batteries
    Honda Motor has signed an agreement with Ascend Elements under which the companies will collaborate towards a stable procurement of resources from recycled lithium ion (Li-ion) batteries in North America for Honda electric vehicles (EVs), according to a company press release dated 27 February. Honda will look for a consistent supply of nickel, cobalt, and lithium that Ascend Elements reclaims from recycled Li-ion batteries and use these resources in its battery supply chain for electrified ve...
    Sono Motors terminates Sion passenger car program
    Sono Group N.V. has decided to terminate its Sion passenger car program, it said in a press release on 24 February. The company is set to pivot its business model to exclusively retrofitting and integrating its solar technology onto third party vehicles. Infact, the company has announced its intention to sell its Sion program. The termination of the Sion program will result in the job loss of 300 employees and Thomas Hausch will step down from his role as COO. “This pivot marks a signifi...
    AutoTechInsight Weekly – 27 February 2023
      Click the link above to download this week's issue
    Geely launches new sub-brand “Galaxy” for premium electrified vehicles
    Chinese automaker Geely has launched a new sub-brand ‘Galaxy’ for premium electrified vehicles, the company announced in a press release on 23 February. At the launch of the Geely Galaxy brand, the company also unveiled the first car from the Geely Galaxy range, the Galaxy L7 long-range plug-in hybrid sport utility vehicle (SUV), along with a fully electric concept model, the “Galaxy Light.” At the ceremony, Geely Auto also unveiled a multitude of new advanced electrified technologies...
    BASF Tenova partner for Li-ion battery recycling in Germany
    BASF has entered into a long-term collaboration agreement with Israel-based Tenova Advanced Technologies (TAT) for its battery recycling prototype plant in Schwarzheide, Germany, the company announced in a press release on 23 February. The process development activities include pilot campaigns at TAT’s research and development (R&D) center and the design and fabrication of a prototype plant to be operated at BASF’s facilities in Schwarzheide. The prototype plant is scheduled to be operat...
    Ecobat to open new battery recycling plant in US
    Ecobat has announced the setting up of a new recycling plant in  Casa Grande, Arizona, United States, according to a company press release on 20 February. The new plant will initially produce 10,000 estimated tons of recycled material per year, with plans to expand capacity to satisfy the increasing need to recycle lithium-ion batteries. The plant is expected to start operations in the third quarter of this year. "We are thrilled to grow our global lithium-ion battery recycling footprint...
    Battery startup Addionics unveils 3D electrode manufacturing pilot line
    Israel-based battery technology startup Addionics has inaugurated a new state-of-the-art pilot line for the manufacturing of its advanced ‘Smart 3D Electrodes’ for electric vehicle (EV) batteries, the company announced on 14 February 2023. The pilot production line is installed at a new site, which is spread across 1,500 square feet. The site, which will also serve as the startup’s headquarter, along with its existing footprint in the US, UK, and Germany, accommodates office space for o...
    Continental develops new high-speed inductive e-motor rotor position sensor
    Continental has unveiled a high-speed inductive e-motor Rotor Position Sensor (eRPS), it said in a press release dated 22 February. The sensor detects the exact position of the rotor in a synchronous electric machine and helps increase efficiency. Production is expected to start by the end of 2025. “The growth in vehicle electrification translates into more synchronous motors in the car. This ranges from big and powerful ones like traction motors to smaller ones like electric pumps. Our sta...
    Magnis signs offtake agreement with Tesla for anode active material production
    Magnis Energy Technologies has entered into a Binding Offtake Agreement with Tesla to supply of AAM beginning in February 2025 with fixed pricing, it said in a press release on 21 February. Under the agreement Tesla will purchase a minimum of 17,500 tpa from February 2025 with a maximum of 35,000 tpa for a minimum 3-year term at a fixed price. “We are really excited to bring our high performing AAM to market that requires no chemical or thermal purification throughout the whole process, whi...
    LG Energy Solution, Ford, and Koç Holding to setup EV battery JV in Turkey
    LG Energy Solution (LGES), Ford and Koç Holding have announced a new joint venture (JV) to manufacture electric vehicle (EV) battery cells in Turkey, LGES announced in a press release on 21 February. The new joint venture will be located in an organized industrial zone in Başkent, near Ankara. Production is intended to start in 2026 with the three parties committing to at least 25 GWh of annual production capacity, which could potentially expand up to 45 GWh. "Ford continues to ramp up...
    Samsung Electronics to assists to develop of Ambarella ADAS
    The Korean electronics company, Samsung Electronics in a new announcement said, it is offering Ambarella with its 5-nanometer (nm) process for use in the semiconductor company’s new artificial intelligence (AI) central domain controller. This partnership eyes to support the next generation of autonomous vehicle safety systems that offer enhanced AI performance, power, and reliability, the company said in a press release on 21 February 2023 Ambarella with advanced driver assistance syst...
    Tata Motors to supply 25,000 EVs to Uber
    Tata Motors and Uber have signed a Memorandum of Understanding (MOU) for inducting 25,000 XPRES-T electric vehicles (EVs) in Uber India’s Premium Category service, the company said in a press release of 20 February. Tata Motors will be supporting Uber in electrifying their services across Delhi NCR, Mumbai, Kolkata, Chennai, Hyderabad, Bengaluru, and Ahmedabad. The carmaker will begin deliveries of the cars to Uber fleet partners in a phased manner, starting this month. Speakin...
    LG Chem acquires equity stake in US lithium mining company
    South Korea’s LG Chem Ltd. has secured North American spodumene concentrate, according to a press release dated 17 February. The deal marks the first time a South Korean company has secured lithium from North America. The agreements will allow LG Chem began to strengthen its supply chain. SC6 is a high-purity material that processes lithium ore, which can extract lithium hydroxide that serves as a key material for electric vehicle batteries. Commencing in third quarter 2023, Piedmont will s...
    Evonik invests in graphene company SuperC
    In a press release dated 20 February, Evonik announced its investment in graphene specialist company SuperC. The investment is made by the Sustainability Tech Fund launched in 2022, which has a total investment volume of EUR150 million (USD160 million). However, Evonik did not disclose the amount of the investment in SuperC. "By investing in SuperC, we are supporting cutting-edge technology with a promising future. High-performance batteries are a crucial factor in accelerating the elect...
    Volkswagen to develop new drive system for EVs
    Volkswagen Group Technology is developing an electric drive system of the future, it said as a part of its presentation on Tech Day on 20 February. Volkswagen is taking care of all the central components itself and, in addition to batteries and electric motors, is now developing pulse inverters and thermal management systems internally. “Our goal is to achieve technological leadership, also in electric mobility. That’s why here, too, we rely on our internal competencies, and, after batter...
    AutoTechInsight Weekly – 20 February 2023
      Click the link above to download this week's issue
    Ola to invest USD920 million in India to develop EVs and batteries
    Ola Electric is set to invest INR76.14 billion (USD920 million) in the southern Indian state of Tamil Nadu to manufacture electric cars and batteries for electric vehicles (EVs), Reuters reported on 18 February, citing a statement from the state government. The Softbank-backed company will invest via its subsidiaries Ola Electric Technologies and Ola Cell Technologies. According to the article, Ola intends to use the funds to ramp up production to annually make 140,000 cars and hire 3,111 wor...
    Xiaomi to secure EV manufacturing license
    Chinese consumer electronics maker Xiaomi has said that it is close to obtaining approval for producing electric vehicles (EVs), according to a report published by Jiemian News on 15 February 2023. Local media outlet reported on 14 February that two car industry insider sources confirmed this, adding that nothing is set in stone before an official announcement. Since 2017, the application procedure and criteria for issuing permits to manufacture EVs have become more stringent. Automakers...
    BorgWarner appoints Brady Ericson as new CEO
    In a press release on 14 February 2023, BorgWarner has announced that Brady Ericson will serve as President and Chief Executive Officer, and Chris Gropp will serve as Executive Vice President and Chief Financial Officer of the separate, publicly traded company that will result from the completion of the previously announced proposed spin-off of BorgWarner’s Fuel Systems and Aftermarket segments.  BorgWarner also announced today that the intended company name is PHINIA. “Brady and Chr...
    Geological Survey of India discovers Lithium inferred resources (G3) of 5.9 million tonnes
    Geological Survey of India has established Lithium inferred resources (G3) of 5.9 million tonnes in Salal-Haimana area of Reasi District of Jammu & Kashmir, the Press Information Bureau reported on 9 February. Lithium is a rare element critical in electric vehicles (EVs) manufacturing. Going by current lithium market prices, the find could be worth up to INR34 trillion (USD410.62 billion). According to reports, India's mining secretary stated that the lithium found in Jammu & Kas...
    Chinese EV startup Zeekr secures USD750 million round A financing
    Geely’s subsidiary smart electric vehicle (EV) brand Zeekr has announced the completion of round A financing of USD750 million, setting its valuation at USD13 billion, according to a report published by Pandaily on 13 February 2023. This round of financing was led by Amnon Shashua, CEO and founder of the autonomous driving technology company Mobileye, together with Chinese battery giant CATL, Yuexiu Capital, Tongshang Capital, and an undisclosed Quzhou, Zhejiang Province investmen...
    Ford plans to establish USD3.5 billion LFP battery plant in Michigan, US
    Ford has announced that it is investing USD3.5 billion to build the country’s first automaker-backed LFP battery plant, offering customers a second battery technology within Ford’s EV lineup, according to a press release on 13 February 2023. This facility, named BlueOval Battery Park Michigan, will initially employ 2,500 individuals when LFP battery production begins in 2026. Ford will have the option to expand battery production at its factory in Marshall, Michigan, which will be a wholl...
    Marelli powers new Maserati GranTurismo Folgore EV with three high-performance e-motors
    In a press release announcement on 13 February 2023, Marelli said that it will equipping the new Maserati GranTurismo Folgore with its three high-performance e-motors for Maserati's first full-electric car. The e-motor solution was designed and manufactured in-house by Marelli at its Modugno facility (Bari, Italy). Marelli has also contributed to the distinctive lighting signature of the new Maserati Gran Turismo with its full-LED headlights, which, on some trims, also include an Adaptive Dri...
    Magna to supply battery enclosures for Chevrolet Silverado EV
    Magna has secured new business from General Motors (GM) to supply battery enclosures for model year (MY) 2024 Chevrolet Silverado electric vehicle (EV), it said in a press release on 13 February. The company will produce the enclosures at its Magna Electric Vehicle Structures facility in St. Clair, Michigan. Production is expected to begin later in 2023. “The accelerating shift toward vehicle electrification opens up exciting growth opportunities for Magna beyond powertrain. We have been ab...
    Geotab launches new analysis method to investigate temperature and speed impact on EV range
    Geotab has announced a new electric vehicle (EV) range analysis to examine impact of speed and temperature, according to a company press release on 7 February. The analysis is available on the Fleet Electrification Knowledge Center. The analysis uses de-identified, aggregated data from 3 million EV trips and 550,000 hours of driving time to better understand the relative range impact of temperature and speed. “Electrification is an important component in reducing carbon emissions in flee...
    AutoTechInsight Weekly – 13 February 2023
      Click the link above to download this week's issue
    BorgWarner to supply German OEM with battery cooling plates for EVs
    BorgWarner has announced that it will supply a major German OEM in Europe and the US with battery cooling plates for electric vehicles (EVs), according to a company press release on 9 February. The cooling plates provide cooling capacity in a more compact package with reduced weight and cost. “We’ve collaborated with this customer for more than 30 years as a technical partner, contributing to many new technologies that the customer has integrated into its vehicles. We’re proud to e...
    BorgWarner to supply 800V silicon carbide-based inverters to global OEM
    BorgWarner will supply 800V silicon carbide-based (SiC) inverters to a global OEM, it said in a press release dated 9 February. The inverters will be used for battery-electric vehicle (BEV) platforms. There will be two variants used in passenger BEVs—a 250 kW for passenger cars and all-wheel drive crossover utility vehicles and a second 350 kW module for the OEM’s performance vehicles. “As a current 400-volt inverter supplier to the automaker, it was a significant win for our team to be...
    Gotion, InoBat sign MoU to develop joint venture EV battery cells, packs
    Gotion High-Tech, the manufacturer of batteries and energy storage solutions in China has signed a Memorandum of Understanding (MoU) with InoBat, the European supplier of batteries for electric vehicles (EVs), to explore joint venture opportunities to codevelopment of a gigafactory with cell and pack production capacity of 40 GWh, according to a press release on 7 February 2023. Gotion and InoBat will look at ways to work together on several key common topics of interest, such as: Codev...
    Li-ion battery startup Ionblox closes Series B funding at USD32 million
    Ionblox has announced a second close of its Series B round at an increased USD32 million, according to a company press release on 8 February. Strategic partners include Lilium and Applied Ventures who were joined by Temasek and Catalus Capital. The company will use funding to scale its technology, develop advanced high-power cells for electric aviation, and prototype fast-charge cells for electric vehicles (EVs). “Here at Ionblox, we are commercializing next-generation lithium-ion batter...
    Stratus Materials plans to launch next-generation cathode materials
    According to a press release announcement on 7 February 2023, Stratus Materials has planned to launch next-generation cathode materials for electric vehicle (EV) applications. In mid-2022, the company completed a USD12 million Series A financing led by Breakthrough Energy Ventures (BEV) with participation from DNS Capital. Jay Whitacre, CEO and CTO of Stratus Materials, said: “Our innovative processes and materials are designed to provide the lithium-ion battery industry with cathode o...
    Suppliers to the 2023 Volvo EX90
    The Volvo EX90 is built at Volvo's Charleston, South Carolina plant. The full-sized SUV is expected to peak at more than 46585 in 2024, according to S&P Global Mobility forecast.
    Startup Liminal raises USD17.5 million in Series A2 funding
    Liminal, a battery manufacturing intelligence company has announced a USD17.5 million Series A2 funding round. The round was led by climate tech fund ArcTern Ventures, joined by new investors Northvolt and Ecosystem Integrity Fund, and with continued support from Chrysalix Venture Capital, Good Growth Capital, University of Tokyo Edge Capital Partners, Volta Energy Technologies, Impact Science Ventures, and Helios Climate Ventures, according to a press release on 6 February 2023. ArcTern...
    BMW plans to invest USD864 million for NEUE KLASSE, battery assembly in Plant San Luis Potosí, Mexico
    According to a press release on 3 February 2023, BMW has planned to invest EUR800 million in a Mexican production site for the integration of fully electric models of NEUE KLASSE and the construction of local high-voltage battery assembly. The BMW Group has ramped up on e-mobility and poised to gain even more momentum with its next vehicle generation, the NEUE KLASSE. The share of 50% of the company's worldwide sales of fully electric vehicles could be reached earlier than 2030, the company s...
    AutoTechInsight Weekly – 6 February 2023
    Click the link above to download this week's issue
    Marelli gets contract to supply BMS to global carmaker from 2026
    Marelli has signed a contract to supply its battery management system (BMS) to a major global carmaker, it said in a press release dated 2 February. The BMS will be used in battery electric vehicle (BEV) small-medium cars from 2026. Marelli will also provide both the hardware and the boot loader software of the battery management system for segment A, B, and C full electric vehicles. “We are glad of this relevant assignment, particularly as this is for a technology which has a key role...
    EV battery startup Our Next Energy raises USD300 million in Series B round
    Our Next Energy has closed a USD300 million Series B funding round, it said in a press release on 1 February. The fund raising takes the startup’s post-money valuation at USD1.2 billion. The round was led by Fifth Wall and Franklin Templeton, with participation from Series A investors and new investors Temasek, Riverstone Holdings and Coatue. Two undisclosed strategic investors also participated in this round, including a manufacturer of electric vehicle (EV) technology solutions and a renewab...
    India extends concessional tax on EV batteries
    The Finance Minister of India, Nirmala Sitharaman has announced during her presentation of the Union Budget 2023 that the subsidies on electric vehicle (EV) batteries will be extended for an additional year, making EVs cheaper in India, according to a report published by The Times of India on 1 February 2023. EV battery subsidies extension for another year is anticipated to accelerate the adoption of EVs in the country. The government introduced the Production Linked Incentive (PLI) program f...
    Posco Chemical gets order from Samsung SDI to supply cathode materials for EV batteries
    POSCO Chemical has signed a long-term contract to supply high-nickel cathodes used in electric vehicle (EV) battery cells to Samsung SDI, Yonhap News Agency reported on 30 January. POSCO Chemical will supply the cathodes, consisting of lithium, nickel, cobalt, and aluminum for a 10-year period in a contract worth KRW40 trillion (USD32.6 billion). Reuters reported that the deal value could change due to further negotiations and fluctuating prices of raw materials. In a separate article, K...
    Nissan plans to invest in Renault Group’s EV and software division Ampere
    Japanese automaker Nissan Motor Corporation said on 30 January 2023 that it plans to invest in Ampere, the electric vehicle (EV) and software division of the French carmaker and its ally Renault Group, with an aim of becoming a strategic shareholder. The plan is part of three-stage that Nissan and Renault are taking to strengthen the ties of the Alliance and maximize value creation for all stakeholders, both the company said in a joint statement Monday. The two companies plan to work joint...
    Toyota selects Turkey plant to produce PHEVs, batteries in Europe
    Japanese automaker Toyota’s European arm said on 30 January 2023 that the company plans to produce the second-generation Toyota C-HR at Toyota Motor Manufacturing Turkey (TMMT) in Sakarya, Turkey. In addition, TMMT will be Toyota’s first European plant to start producing plug-in hybrid vehicles (PHEVs), and the first to be equipped with a battery production line. TMMT is slated to produce the Toyota C-HR in hybrid as well as PHEV versions, which will make the model first PHEV passeng...
    Microvast to supply battery packs to REE Automotive for its commercial EV platforms
    US battery maker Microvast Holdings, Inc. and REE Automotive, Ltd. have signed a supply and purchase agreement wherein the former will supply MV-C Gen 4 HpCO high-energy lithium-ion (Li-ion) battery packs to the latter, Microvast said on 26 January 2023. Microvast’s battery packs will power REE Automotive’s commercial electric vehicle (EV) platform, the company said, adding that the customers will benefit from this partnership by combining REE’s zero-emission commercial vehicles with Mi...
    Arrival to reduce global workforce by approximately 50%
    Arrival has announced that it will reduce its global workforce by about 50% to 800 employees, according to a company press release dated 30 January. The decision comes following a detailed review of its operations and markets. Arrival also announced the appointment of Igor Torgov as the CEO. Igor joined Arrival in February 2020 and has led the development of multiple divisions at Arrival including Fintech, Commercialization, Business Systems, IT and Digital products over the last nearly three...
    Ilika Technologies leads USD9.9 million Faraday Battery Challenge collaboration project
    UK-based solid-state battery (SSB) technology company Ilika Technologies Ltd has announced on 25 January 2023 that it is leading a 24-month, GBP8 million (USD9.9 million) Faraday Battery Challenge collaboration project. The project, which is codenamed ‘History’, is slated to start on 1 February 2023 and will focus on integrating high silicon content electrodes into Ilika’s Goliath solid-state batteries developed for electric vehicles (EVs), to enable automotive level performance. Ili...
    AutoTechInsight Weekly – 30 January 2023
      Click the link above to download this week's issue
    General Motors evaluating the use of cylindrical batteries over pouch format for EVs
    US automaker General Motors is evaluating the use of cylindrical batteries over the pouch batteries in its electric vehicles (EVs), according to a news report published by the Korean publication THE ELEC on 25 January 2023. The report cited anonymous sources aware of the new developments at GM. It added that GM’s new battery plans has brought about talks with LG Energy Solution (LGES) over the planned construction of the fourth battery plant by Ultium Cells, a JV between GM and LGES, to be ...
    General Motors to invest USD918 million on V-8 engine production, EV components
    US automaker General Motors Company plans to invest USD918 million in four of its US-based manufacturing facilities, including USD854 million to prepare these facilities to produce its sixth-generation small block V-8 engine and an additional USD64 million in Rochester, New York, and Defiance, Ohio for castings and components to support electric vehicle (EV) production, the company announced on 20 January 2023. According to the company, with the fresh plant investment, GM’s cumulative manuf...
    Suzuki Motor Corporation chalks out global EV strategy for FY 2030
    Revealing its global electric vehicle (EV) strategy for fiscal year (FY) 2030 on 26 January 2023, Japanese automaker Suzuki Motor Corporation said it plans to achieve carbon neutrality in Japan and Europe by 2050 and in India by 2070, based on the target set by the respective governments. To achieve the same, the company said that it plans to focus on creating solutions that are unique to Suzuki, which are to develop products and services focused on the customer and grow along with the operat...
    loading
    preload preload preload preload preload preload