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    Will China drive global alignment in EV battery swap standards?
    China, the largest electric car market in the world, is expected to drive global benchmarks in electric vehicle battery swapping practices, as well as the emerging battery-as-a-service, or BaaS, industry. Neither the EV battery swap model is new nor it was invented in China. However, it is the only ...
    How driving assistance and automation are impacting the steer-by-wire systems market
    The current steering systems market is primarily controlled by low-end, column-motor systems in the entry and lower-midclass vehicle segments and high-end, rack-motor systems in the upper-midclass and premium-class vehicle segments. However, steer-by-wire (SBW) steering systems will dominate the fut...
    Audi plans to produce electric drives for VW’s MEB ECO platform in Hungary
    Audi’s Hungary unit plans to produce electric drives for Volkswagen’s (VW's) new MEB ECO platform (modular electric-drive toolkit), which is aimed at the development of VW Group’s small-sized electric cars, the company said in a press announcement on 21 June 2022. The company said that it plan...
    24-Jun-2022 News New Products
    BMW builds new USD2.2 billion factory in China to accelerate EV production
    German luxury carmaker BMW has set up a new electric vehicle (EV) manufacturing plant in Shenyang, China, as part of its capacity expansion drive to accelerate the production of EVs in the world’s largest EV market, the company announced on 23 June 2022. According to BMW, with an overall investmen...
    24-Jun-2022 News Investments
    Volkswagen Group to invest USD2.42 billion on preparing plants in Germany for electrification
    Volkswagen Group announced on 16 June 2022 that the company’s components arm plans to invest EUR2.30 billion (USD2.42 billion) through 2026 in preparing its manufacturing plants in Germany for electrification. “It’s the next step in a transformation process initiated in 2015 that is convert...
    24-Jun-2022 News Investments
    GM expands partnership with EVgo to add new Plug and Charge service in Ultium Charge 360 ecosystem
    General Motors will expand its collaboration with EVgo to add a new Plug and Charge service to the Ultium Charge 360 ecosystem, the automaker said in a press release on 23 June. Plug and Charge will be available at nearly all EVgo DC fast-charging stations. GM plans to include all compatible DC fast...
    CATL launches EVOGO battery swap services in Hefei, China
    Contemporary Amperex Energy Service Technology Ltd. (CAES), a wholly owned subsidiary of the world’s largest EV battery maker Contemporary Amperex Technology Company Limited (CATL), has launched its EVOGO battery swap services in Hefei, which is the capital of east China's Anhui Province, the comp...
    24-Jun-2022 News New Products
    CATL launches Qilin battery capable of delivering over 1,000 km in a single charge
    Mainland China’s largest battery maker Contemporary Amperex Technology Company Limited (CATL) has launched its all-new Qilin battery, which is built on the company’s third-generation cell-to-pack (CTP) technology, the company announced on 23 June 2022. It said that the Qilin battery offers a rec...
    24-Jun-2022 News New Products
    Umicore, Idemitsu to develop catholyte materials for solid-state batteries
    Belgian materials company Umicore announced via a press release on 22 June that it had agreed to partner with Japanese petroleum company Idemitsu Kosan Co. to jointly develop high-performance catholyte materials for solid-state batteries. Catholytes combine cathode active materials (CAMs) and sol...
    SABIC launches Noryl resin for insulation in EV batteries
    SABIC has introduced Noryl NHP8000VT3, insulation film for use in electric vehicle (EV) batteries, it said in a press release on 20 June. The material is well suited to protect against short circuits and prevents the spread of fire. Jenny Wang, director, Formulation and Application, APAC, Special...
    24-Jun-2022 News New Products
    Renault, Minth to manufacture aluminum battery casings for EVs in Ruitz, France
    French automaker Renault announced via press release on 20 June that it will be forming a joint venture (JV) with Chinese automotive parts manufacturer Minth to manufacture aluminum battery casings for its electric vehicles (EVs) in France. According to the press release, the new JV will manufact...
    Kia Corporation to procure EV battery packs from China’s CATL
    South Korean automaker Kia Corporation plans to procure batteries from China’s largest battery maker Contemporary Amperex Technology Company Limited (CATL) to power electric vehicles (EVs) that will be sold in its home market, a Reuters report published on 22 June 2022 said, citing a local newspap...
    EV charging solutions company FLO to supply 7,500 Level 2 chargers to Hydro-Quebec
    FLO, a leading North American electric vehicle (EV) charging network operator and smart charging solutions provider, will supply up to 7,500 Level 2 chargers to energy company Hydro-Québec’s EV charging network Electric Circuit between 2022 and 2026, FLO announced on 20 June 2022. According to...
    ABB E-mobility opens production plant for DC fast chargers in Italy
    ABB E-mobility has opened its largest DC fast charger production plant to date in Valdarno, in the Tuscany region in Italy, the company said on 21 June 2022. Named the ABB E-mobility Centre of Excellence, the expanded facility has more than doubled its production capacity over the las...
    23-Jun-2022 News Investments
    Toyota teams up with Redwood Materials on closed loop EV battery ecosystem
    Japanese carmaker Toyota Motor Corporation’s North American arm Toyota Motor North America has teamed up with battery materials recycling company Redwood Materials to explore a series of end-of-life battery solutions for Toyota’s proposed battery ecosystem, the company announced on 21 June 2022....
    Ford Motor plans to assemble new generation EVs in Valencia, Spain for Europe
    US carmaker Ford Motor has selected its plant located in Valencia, Spain as the suitable facility to assemble vehicles based on its next generation electric vehicle (EV) architecture for Europe, the company announced on 22 June 2022. “Pending product approval, the Valencia plant could produce b...
    23-Jun-2022 News Investments
    Will China drive global alignment in EV battery swap standards?
    China, the largest electric car market in the world, is expected to drive global benchmarks in electric vehicle battery swapping practices, as well as the emerging battery-as-a-service, or BaaS, industry. Neither the EV battery swap model is new nor it was invented in China. However, it is the only ...
    BASF to set up new 15,000-ton battery black mass plant in Germany
    German chemical company BASF announced via press release on 20 June that it will be building a commercial scale battery recycling black mass plant in Schwarzheide, Germany, to strengthen its cathode active materials (CAM) production and recycling operations in the region. According to the press r...
    22-Jun-2022 News Investments
    Delta unveils new SLIM 100 EV charger
    Delta Electronics has unveiled its new SLIM 100 EV charger, according to an official press release on 21 June. The charger offers a maximum power of 100 kW and contains rectifiers with 97% power efficiency. The SLIM 100 provides simultaneous charging of up to three vehicles in both DC and AC chargin...
    22-Jun-2022 News New Products
    Volta partners with grocery company Kroger to expand EV charging network across US
    Electric vehicle (EV) charging company Volta has announced that it partnered with grocery retailer giant Kroger to further expand EV charging network at Kroger locations across the US, according to a press release by Volta on 21 June. Volta has launched charging stations at 16 Kroger locatio...
    British Gas partners with Osprey to accelerate EV charging in the UK
    British Gas partners with UK-based electric vehicle (EV) charging company Osprey Charging to accelerate its vehicles to an all-electric fleet, according to a press release published by the EV charging company on 20 June.   Ian Johnston, CEO, Osprey Charging, said, “We are thrilled that Bri...
    Schneider Electric acquires EV Connect
    Schneider Electric has acquired electric vehicle (EV) charging solution provider EV Connect for an undisclosed sum, according to a company press release on 21 June. Following the deal, CEO and founder Jordan Ramer will continue to lead EV Connect's operations as a distinct subsidiary along with the ...
    Meta Materials acquires nanocomposites specialist Optodot for USD48 million
    Canadian nanotechnology research company Meta Materials announced via press release on 17 June that it had signed a definitive agreement to acquire the assets and intellectual property (IP) of American nanocomposites company Optodot. The USD48.5 million acquisition amount comprises of USD3.5 mill...
    Nouveau Monde commissions new 2,000 TPY anode coating line in Quebec
    Canadian battery anode materials company Nouveau Monde Graphite (NMG) announced via press release on 17 June that it had commissioned its new 2,000 tons per annum (TPA) anode coating line at its Phase-1 integrated battery materials plant in Saint-Michel-des-Saints, Quebec, Canada. According to th...
    Sinomine invests USD200 million to expand operations at Bikita lithium mine
    Reuters reported on 17 June that Chinese mining company Sinomine Resource Group had launched a USD200 million investment to build a new plant and expand mining operations at the Bikita lithium mine it acquired recently. The company acquired the mine for USD180 million in January from Mauritius’...
    21-Jun-2022 News Investments
    LOTTE Chemical, Sasol Chemicals partner to explore development of battery grade electrolyte solvents for EVs
    Sasol Chemicals, a Sasol Ltd. company and LOTTE Chemical have collaborated to jointly conduct a pre-feasibility study to build, own, and operate a manufacturing plant to produce battery-grade electrolyte solvents, key components of lithium-ion batteries for electric vehicles (EVs), according to a pr...
    Government of New South Wales to increase investment in expanding EV charging network
    The New South Wales (NSW) Government has announced that it will increase its investment in expanding electric vehicle (EV) charging network with an additional AUD38 million (USD26.35 million), according to a press release by NSW government on 20 June. Matt Kean, Treasurer and Minister for Energy,...
    Juice Technology establishes Juice Power after Eros Electric merger
    Juice Technology has announced the establishment of Juice Power, according to a company press release on 15 June. Juice Technology offers charging solutions for electric vehicles (EVs). The formation of Juice Power is a direct result of a merger with Eros Electric. “The demand from drivers of e...
    DENSO develops new wireless power transfer charging technology
    DENSO has developed a wireless power transfer charging technology, Public News Time reported on 21 June. The technology enables devices to automatically charge electric vehicle batteries when stationary or on the move. “By installing electric power charging systems in these locations, we can ex...
    21-Jun-2022 News New Products
    Startup EVI Technologies partners with Hindustan Petroleum to install charging stations
    EVI Technologies has partnered with Hindustan Petroleum to set up electric vehicle (EV) chargers at fuel pumps, Economic Times reported on 20 June. EVI Technologies will set up EV chargers in cities and highways in the states of Uttar Pradesh, Bihar, and Uttarakhand. The charging infrastructure will...
    Stellantis invests USD34.6 million in global testing hubs to advance EV, AD technology
    Stellantis has invested a total of USD34.6 million in two of its global testing facilities to support the company’s long-term strategy for building high-performing electric vehicles (EVs) and achieving the highest level of autonomous driving technology, according to a press release on 20 June...
    21-Jun-2022 News Investments
    BASF increases cathode material capacity in China to 100,000 TPY
    German chemical company BASF announced via press release on 15 June that its majority-owned subsidiary in China BASF Shanshan Battery Materials Co., Ltd. (BSBM) will be expanding its cathode active material (CAM) manufacturing capacity in the country to 100,000 tons per year (TPY). According to t...
    20-Jun-2022 News Investments
    Vale completes pre-feasibility study for Canadian nickel sulfate project
    Brazilian mining company Vale announced via press release on 9 June that it had concluded the prefeasibility study for its proposed nickel sulphate project in Quebec, Canada. According to the press release, the Quebec project, if implemented, would be the first-of-its-kind fully domestic nickel s...
    SK On, Posco to collaborate on new battery value chain projects
    Korean battery manufacturing company SK On announced via press release on 15 June that it had signed an MoU with Posco Holdings to jointly discover new business opportunities within the broader electric vehicle (EV) rechargeable battery manufacturing value chain. According to the press release, t...
    AIMPLAS to develop lightweight battery case for EVs
    AIMPLAS has announced that it is developing structural battery casings for lightweight vehicles based on reusable, recyclable, long-fiber thermoplastic composites for electric vehicles (EV), it said in a press release on 16 June. Begoña Galindo, Sustainable Mobility researcher at AIMPLAS, said, ...
    20-Jun-2022 News New Products
    Software République targets 10 new automotive products and service launches by 2025
    Software République is looking to launch 10 new automotive products and services, incubate over 50 startups, and propose services to at least 50 territories, an official press release on 17 June read. The group also announced four projects which include a “detect and respond” cybersecurity...
    AutoTechInsight Weekly – 20 June 2022
    Click the link above to download this week's issue
    Basquevolt to begin production of solid-state batteries by 2027
    Basquevolt, a Spanish battery technology company founded by the Basque Government, Iberdrola, CIE Automotive, Enagás, EIT InnoEnergy, and CIC energiGUNE, plans to begin production of solid-state battery cells in 2027 with the aim of producing up to 10 GWh of batteries, EIT InnoEnergy announced on 1...
    17-Jun-2022 News Investments
    BYD’s battery arm FinDreams Battery starts production at Shaoxing plant
    BYD’s battery arm FinDreams Battery has started production operations at its new plant in Shaoxing, which is located in East China's Zhejiang province, a news report published by CNEVPOST on 15 June 2022 said, citing a press release issued by the local government. The report said that FinDreams...
    17-Jun-2022 News Investments
    Tesla’s Supercharger pilot program to be available for non-Tesla drivers across Europe
    Tesla has expanded its Supercharger pilot program for non-Tesla electric vehicles (EVs) in Denmark, Finland, Germany, Luxembourg, and Switzerland, Electrek reported on 16 June. Tesla claimed its Supercharger network became the “largest public 150 kW+ fast-charging network” in Europe followi...
    TotalEnergies, Hubject, alpitronic pilot test ‘Plug&Charge’ solution in France
    Oil and gas company TotalEnergies and its partners Hubject and alpitronic have reported a successful pilot run of their ‘Plug&Charge’ solution at the St Mathurin service station in France, TotalEnergies said on 13 June 2022. The pilot run, which was conducted on 8 June, deployed a unique tec...
    17-Jun-2022 News New Products
    Blink Charging acquires SemaConnect for USD200 million
    Blink Charging Company, one of the leading providers of electric vehicle (EV) charging networks in the United States, has signed a definitive agreement to acquire SemaConnect, Inc., a Maryland, US–based EV infrastructure company, for USD200 million, Blink said on 14 June 2022. The acquisition o...
    Saietta develops tailor-made electric drive solutions for light-duty vehicles
    The United Kingdom’s SAIETTA Group plc, one of the leading suppliers of advanced e-mobility propulsion solutions, has enhanced and expanded its Axial Flux Technology (AFT)–based electric motor range with integrated power electronics, a modular gearbox, and a bespoke axle architecture to suit the...
    17-Jun-2022 News New Products
    Neo, Applied Carbon Nano Technology to advance silicon anode coating technology
    Canadian battery materials company Neo Battery Materials announced via press release on 15 June that it had signed a collaboration agreement with South Korean research and development (R&D) company Applied Carbon Nano (ACN) Technology Ltd. to advance Neo’s patented silicon anode carbon nanotub...
    Toray, LG Chem partner to establish battery separator film JV in Hungary
    LG Chem and Toray have announced the establishment of a battery separator film joint venture (JV) in Nyergesjfalu, Hungary aiming to accelerate and attract business in Europe, according to a press release published by Toray on 16 June. Shin Hak-cheol, CEO, LG Chem, said, “With differentiated pr...
    Vishay develops new film capacitors for automotive HVAC systems
    Vishay has unveiled a new low profile, AEC-Q200 qualified DC-Link metallized polypropylene film capacitor, it said in a press release on 8 June. The device is optimal for applications such HVAC systems, on-board and inductive battery charging systems, air conditioning compressors, and motor drives f...
    16-Jun-2022 News New Products
    EV charging platform startup XENDEE raises USD12 million in Series A round
    XENDEE has raised USD12 million in Series A financing, it said in a press release on 15 June. The round was led by Anzu Partners, with additional financing from TravelCenters of America Inc, Evergy Ventures, and Surlamer Investments. The funding will help increase company’s Net-Zero DER and ultra-...
    16-Jun-2022 News Investments
    Polestar to expand portfolio, global footprint as part of its growth strategy
    Volvo Cars and Geely Group backed Swedish electric performance car brand Polestar plans to expand into the new markets, growing its retail footprint, and develop new models to propel the company into high-margin premium SUV segments, the carmaker said on 15 June 2022. Polestar’s public listing ...
    16-Jun-2022 News New Products
    Li Auto begins Phase II construction of Beijing Industrial Park
    Li Auto, a Chinese automaker has begun the second phase of construction of an industrial park in Beijing's Shunyi Science Park, according to a report published by Pandaily on 15 June 2022. The project is anticipated to be finished by the end of 2023, with a total investment of CNY1.3 billion (USD193...
    Vietnamese EV maker VinFast eyes European markets, plans to open over 50 stores
    Vietnamese electric vehicle (EV) maker VinFast plans to open more than 50 stores across Germany, France, and the Netherlands, the company said on 14 June 2022 on the sidelines of the ongoing EVS35 electric vehicle event in Oslo, Norway. VinFast is showcasing its VF 8 and VF 9 smart EVs at the e...
    Chinese EV maker NIO plans to use in-house developed battery packs by H2 2024
    Chinese electric carmaker NIO plans to start using its in-house developed high-voltage battery packs in its electric vehicles (EVs) from 2024 as part of its larger corporate strategy to drive profitability and competitiveness, according to a news report published by Reuters on 10 June 2022. NIO h...
    16-Jun-2022 News New Products
    General Motors to invest USD81 million at Michigan-based Global Technical Center
    US carmaker General Motors plans to invest more than USD81 million at its Michigan-based Global Technical Center to prepare the facility to build Cadillac’s flagship luxury electric vehicle (EV) CELESTIQ, the company said on 15 June 2022. GM said that the investment will be used to purchase a...
    16-Jun-2022 News Investments
    Autoneum updates 2022 financial outlook as a result of Russia-Ukraine conflict
    Autoneum has announced that the company updated its 2022 financial year (FY) outlook caused by the Russia-Ukraine conflict, according to a press release on 15 June. The global components shortage has affected several manufacturers along with rising inflation resulting in reduced vehicle product...
    US, other countries establish minerals security partnership to secure critical materials
    The United States of America and its key partner countries have established the ‘minerals security partnership’ (MSP) with an aim of securing the supply of critical minerals and materials, the US Department of State said in a media note on 14 June 2022. The ambitious new initiative to bolster...
    Albemarle opens third lithium carbonate plant in Chile
    US specialty chemicals manufacturing company Albemarle announced via press release on 13 June that it had inaugurated its third lithium chemical conversion plant, La Negra III/IV, in Antofagasta, Chile. According to the press release, the new USD500 million plant includes a USD100 million thermal...
    16-Jun-2022 News Investments
    Aqua Metal recovers high purity cobalt from battery black mass
    US battery recycling company Aqua Metal announced via press release on 13 June that it had successfully plated high purity cobalt and produced manganese dioxide from lithium-ion (Li-ion) battery black mass. According to the press release, by recovering the final two high-value metals, the company...
    Senior Material, Changzhou Senior New Energy Materials to supply battery materials to FREYR
    Nordic battery company Freyr Battery announced via press release on 15 June that it had entered into a reservation agreement with materials companies Changzhou Senior New Energy Materials Co., Ltd. and Senior Material (Europe) AB to supply battery separator materials. According to the press relea...
    The evolving landscape of inverter technology in EVs
    The automotive industry is slowly but steadily moving toward an electric future. Several factors are at play that will determine the pace of this transition from internal combustion engines (ICEs) to electrified vehicles. One of the key factors is certainly the performance of the EV, especially the ...
    Ford recalls around 49,000 Mustang Mach-Es over safety defect resulting in power loss
    Ford Motor is recalling about 49,000 Mustang Mach-E electric vehicles (EVs) in the United States caused by an overheating issue, which could result in a loss of propulsion power, Reuters reported on 14 June. DC fast charging and repeated wide-open pedal events could cause the battery main contactors...
    15-Jun-2022 News Recalls
    Kostal develops EV charge controller cooling element using Lanxess’ Durethan plastic
    German chemical company Lanxess announced via press release on 9 June that German supplier of automotive, industrial, and solar electrics Leopold Kostal GmbH & Co. KG had manufactured the cooling element of an electric vehicle’s charge controller using its Durethan BTC965FM30 polyamide 6 (PA6)...
    Lynas receives USD120 million DoD contract to set up heavy rare earths separation facility in the US
    Australian rare-earths mining company Lynas Rare Earths announced via press release on 14 June that its wholly owned subsidiary Lynas USA LLC had signed a US120 million contract with the US Department of Defense (DoD) to set up a commercial Heavy Rare Earths (HRE) separation facility in the Uni...
    15-Jun-2022 News Investments
    Viridian to set up new 25,000 TPY lithium hydroxide plant in Eastern France by 2025
    French industrial company Viridium Lithium announced via press release on 7 June that it will be building a battery grade lithium hydroxide production plant in Alsace, France with a planned initial capacity of 25,000 tons per year. According to the press release, the company has selected the indu...
    15-Jun-2022 News Investments
    US DoT proposes to set up regulations on minimum standards for public EV charging stations
    The US Department of Transportation’s Federal Highway Administration has announced a ‘Notice of Proposed Rulemaking’ (NPRM) on proposed minimum standards and requirements for projects funded under the National Electric Vehicle Infrastructure (NEVI) Formula Program, the US DoT said in a st...
    Stellantis tests Fiat 500 EV with wireless charging capabilities
    Italian–American automaker Stellantis is testing Fiat 500 electric car with wireless charging capabilities, according to a news report published by Green Car Reports on 14 June 2022. The report said that the automaker, which is parent to several iconic automotive brand including Peugeot, Jeep, Chr...
    15-Jun-2022 News New Products
    BMW to test Our Next Energy’s long-range battery cells in all-electric iX SUV
    Michigan-based electric vehicle (EV) battery startup Our Next Energy (ONE) has signed an agreement with the German luxury carmaker BMW Group to incorporate its patented Gemini dual-chemistry battery technology into the carmaker’s all-electric iX SUV, the battery technology company said on 14 June ...
    Huawei launches EV FusionCharge charging module at EVS35
    Huawei has launched its new electric vehicle (EV) charger FusionCharge 40-kW DC charging module at the International Electric Vehicle Symposium and Exhibition (EVS35), according to a press release by the company on 14 June. Huawei said their idea of merging power electronics and digital technolog...
    15-Jun-2022 News New Products
    Sion Power’s vapor-deposited lithium process reduces battery cost, time-to-market
    US battery maker Sion Power Corporation has released a report on an independent technical assessment conducted on its patented next-generation rechargeable batteries based on its Licerion lithium metal rechargeable battery technology for EVs, the company said on 13 June 2022. The battery assessment ...
    15-Jun-2022 News New Products
    Cenntro Electric, Princeton NuEnergy partner on recycling of lithium-ion batteries
    Electric commercial vehicle maker Cenntro Electric Group Ltd and battery recycling startup Princeton NuEnergy, Inc. (PNE) have signed a letter of intent as part of a strategic partnership to set up an end-to-end closed loop supply chain for EV battery recycling operations, the two companies said in ...
    Thailand approves Foxconn – PTT JV to produce batteries for EVs
    Thailand government’s board of investment, the country investment agency, has approved the USD1.04 billion joint venture between Taiwan’s electronics major Foxconn and Thai energy company PTT Public Company Ltd to manufacture batteries for electric vehicles (EVs), according to a report published...
    Enovix Corporation achieves five-minute fast charging capabilities in EV test cells
    California-based battery cell technology company Enovix Corporation has demonstrated the ability of its 0.27 Ah electric vehicle test cells to charge from 0–80% state-of-charge in 5.2 minutes and achieve a greater than 98% charge capacity in under 10 minutes, the company announced on 13 June 2022....
    14-Jun-2022 News New Products
    Hyundai Steel develops low-noise steel alloy for EV reduction gears
    The Korea Herald reported on 9 June that Korean steel manufacturer Hyundai Steel had developed a new steel alloy designed for application in reduction gears in gearboxes equipped in electric vehicles (EVs). According to the report, the new alloy and the associated manufacturing technology allows ...
    14-Jun-2022 News New Products
    Solvay doubles EV battery binder material capacity in China
    Belgian chemical company Solvay announced via press release on 13 June that it had doubled the production capacity of its high-performance polymer Solef® polyvinylidene fluoride at its Changshu site ahead of schedule. According to the press release, the investment to increase capacity was driven...
    14-Jun-2022 News Investments
    DKV Mobility integrates over 285,000 EV charge points across Europe on its platform
    DKV Mobility, a leading European B2B payment platform, is offering access to around 285,000 public and semi-public electric vehicle (EV) charge points across Europe, the company said on 9 June 2022. It said that to make these EV chargers conveniently accessible to the customers that use its payme...
    Pod Point to supply home chargers for EVs by BMW UK
    Pod Point has tied up with BMW Group in the United Kingdom, under which it will provide home charge equipment BMW and MINI electric vehicles (EVs), it said in a press release on 9 June. The three-year agreement includes the all-electric BMW iX3, BMW iX, BMW i4, BMW i7, its range of BMW plug-in hybri...
    Volkswagen adds all-wheel drive version to its ID.4 EV portfolio
    German carmaker Volkswagen has expanded its electric vehicle (EV) portfolio by launching a new all-wheel drive variant of its ID.4 sports utility vehicle (SUV), the company announced on 9 June 2022. VW said that it has already started accepting initial bookings for the EV, which has a price tag of E...
    14-Jun-2022 News New Products
    Schaeffler develops innovative 4in1 electric axle for EVs
    Schaeffler AG has developed an innovative 4in1 electric axle for EVs by integrating the thermal management system as well as the electric motor, power electronics, and transmission into the axle drive, the company said on 13 June 2022. According to Schaeffler, while up to three drive components were...
    14-Jun-2022 News New Products
    Autel Energy launches EV MaxiCharger in US
    Autel US, a subsidiary of Shenzhen-based Autel Intelligent Technology Corp. has announced that it launched electric vehicle (EV) charger MaxiCharger home and commercial Level 2 AC charging solutions, according to a press release published by the company on 10 June. The introduction of the new cha...
    14-Jun-2022 News New Products
    GM’s BrightDrop acquires technology startup Marain’s AI software to help customer fleet operations
    BrightDrop has entered into an agreement with Marain, a California-based technology startup, to purchase its fleet optimization software, according to a press release on 10 June 2022. BrightDrop will include Marain's artificial intelligence-powered fleet optimization software into its ecosystem of l...
    AutoTechInsight Weekly – 13 June 2022
    Click the link above to download this week's issue
    CATL begins production at first battery plant in south China’s Guangdong Province
    China’s largest battery maker Contemporary Amperex Technology Limited (CATL) has commenced production operations at its first EV battery plant situated in Zhaoqing production base, which is located in Zhaoqing High-tech Zone, south China’s Guangdong Province, the company said on 30 May 2022. The...
    13-Jun-2022 News Investments
    Vitesco Technologies unveil innovative solutions for EVs
    Global automotive supplier of electric mobility and powertrain components Vitesco Technologies has unveiled a number of innovative solutions on electrification and powertrain at the 35th International Electric Vehicle Symposium (EVS), which is being organized in Oslo, Norway, between 11 June to 15 J...
    13-Jun-2022 News New Products
    Stellantis to build EVs on STLA Large platform at Windsor-based plant in Canada
    Italian–American automaker Stellantis plans to build electric vehicles on its STLA Large platform at its Windsor, Ontario based manufacturing unit in Canada, the company announced on 3 June 2022. The company said it also plans to discontinue the production of the current L-series vehicles, which i...
    13-Jun-2022 News Investments
    Siemens to supply ultra-fast chargers for UAE’s first EV charging corridor
    German technology company focused on industry, infrastructure, and transport Siemens AG plans to supply ultra-fast chargers to the United Arab Emirates for its first EV charging corridor, the company announced on 10 June 2022. The UAE’s Ministry of Energy and Infrastructure has selected Siemens te...
    ChargePoint partners with trade association NECA in US to accelerate deployment of EV charging infrastructure
    Electric vehicle (EV) charging company ChargePoint has announced a new partnership with the National Electrical Contractors Association (NECA) to accelerate the deployment of EV charging network, according to a press release published by the company on 9 June. ChargePoint joins NECA’s 18 Ambass...
    US EV maker Electric Last Mile Solutions files for bankruptcy
    Commercial electric vehicle (EV) manufacturer Electric Last Mile Solutions, Inc. (ELMS) has announced that it plans to file for Chapter 7 bankruptcy, according to a press release published by the company on 12 June. Under Ms. McIntyre's guidance, the ELMS Board of Directors and the new leadership...
    BASF launches new SBR anode binder for high-silicon anode batteries
    German chemical company BASF announced via press release its new Licity® 2698 X F anode binder designed specifically for lithium-ion (Li-ion) batteries with anodes that have silicon content exceeding 20%. According to the press release, the new binder made with styrene-butadiene rubber offered e...
    13-Jun-2022 News New Products
    Neo Battery Materials partners with A&P to set up new battery anode facility in Korea
    Vancouver-based battery materials company Neo Battery Materials announced via press release on 8 June that it had signed a strategic MoU with Korean automotive parts manufacturer Automobile and PCB Inc. (A&P) to advance mass production is its silicon battery anode materials. According to the ...
    Rio Tinto invests USD10 million in low-cost battery cathode specialist Nano One
    Canadian battery tech company Nano One announced via press release on 9 June that Anglo-Australian mining company Rio Tinto had made a USD10 million strategic equity investment into its operations. According to the press release, the funding by Rio Tinto will be directed toward Nano One...
    10-Jun-2022 News Investments
    European Parliament supports ban on sale of ICE cars and vans by 2035
    The European Parliament announced on 9 June 2022 that the members have voted in favour of European Commission’s revised proposal on the carbon dioxide (CO2) emission standards for new passenger cars and light commercial vehicles. In a plenary vote, the members of European Parliament (MEPs) ad...
    Volkswagen to launch first electric car in India in 2023
    German carmaker Volkswagen plans to launch its first electric car, the ID.4 sport utility vehicle (SUV) in India in 2023 as the country continues to push for faster adoption of EVs, a report published by Bloomberg on 10 June said, citing a senior company executive. The company plans to launch i...
    10-Jun-2022 News New Products
    Thermal technology company Technotrans to unveil 850V DC EV battery cooling system
    Germany-headquartered thermal technology company Technotrans SE plans to unveil its innovative 850V DC battery cooling system for the first time at the upcoming ‘Battery Show 2022’, which is scheduled to be organized in Stuttgart on 28 to 30 June 2022, the company said on 2 June 2022. The s...
    10-Jun-2022 News New Products
    Hyundai Motor’s luxury car brand Genesis partners Shell Recharge Solutions in Europe
    Hyundai Motor Company’s luxury car brand Genesis has partnered Shell Recharge Solutions in Europe, providing its customers access to more than 300,000 Shell-owned public charging points across 35 European countries, Genesis announced on 9 June 2022. Besides public electric vehicle (EV) charging po...
    Siemens acquires minority stake in wireless charging technology company WiTriCity
    German technology company focused on industry, infrastructure, and transport Siemens AG has acquired a minority stake in US-based wireless electric vehicle (EV) charging technology company WiTriCity, Siemens announced on 8 June 2022. It said that it has invested USD25 million in WriTriCity with...
    Holman invests in EV management software provider AmpUp
    Global automotive services company Holman has announced investment via its venture capital division in electric vehicle (EV) management company AmpUp, according to a press release published by Holman on 8 June. Thomas Sun, CEO, AmpUp, said, “Holman’s automotive expertise and legacy in the ind...
    China’s BYD to soon begin supplying batteries to US EV maker Tesla
    Chinese EV and battery maker BYD plans to soon begin supplying batteries to US electric carmaker Tesla, according to a report published by CNEVPOST on 8 June 2022. The report cited BYD’s Executive Vice President Lian Yubo, who gave an interview to the state-owned media CGTN. The interview was...
    09-Jun-2022 News New Products
    Audi to open EV charging hub pilot site in Zurich, Switzerland
    Volkswagen’s luxury car unit Audi plans to open Audi charging hub pilot site in downtown Zurich, Switzerland later in 2022, its second such charging hub site after Nuremberg, Germany, the company said on 8 June 2022. Audi said that the Zurich charging hub pilot site will be followed by more such h...
    09-Jun-2022 News New Products
    EV charging company FLO to set up its first manufacturing plant in the US
    US-based electric vehicle (EV) charging company FLO plans to open its first manufacturing plant in Michigan later this year, the company announced on 7 June 2022. The proposed plant, where FLO plans to produce EV chargers, will accelerate execution of its US market strategy and will have the capacit...
    Volkswagen, research partners launch closed-loop recycling project for battery materials
    A Volkswagen-led research consortium has launched a closed-loop raw material project with a goal of achieving permanent recovery of critical materials to increase sustainability and security of supply, VW said in a statement on 8 June 2022. The automaker said that partners from the industrial and sc...
    Volkswagen opens Battery Engineering Lab in Chattanooga, US
    German carmaker Volkswagen’s US arm, Volkswagen of America has opened its Battery Engineering Lab (BEL) in Chattanooga, to test and optimize EV batteries for the US market, the company announced on 8 June 2022. The company said it has invested USD22 million in setting up the battery engineering la...
    09-Jun-2022 News Investments
    Hyundai plans to discontinue production of first generation Ioniq cars in South Korea
    Hyundai Motor Company said on 3 June 2022 that it plans to discontinue the production of original or the first generation Ioniq cars at its Ulsan plant in South Korea from July 2022. The last Ioniq to roll off the production line next month will mark the end of a significant chapter in Hyundai’s r...
    Japanese oil company Eneos to buy 6,100 EV chargers operated by NEC Corporation
    Japanese oil company Eneos has acquired the rights to operate about 4,600 electric vehicle (EV) chargers located across commercial facilities from electronics company NEC Corporation, a report published by the Japan-based newspaper The Asahi Shimbun said on 7 June 2022, citing the company announceme...
    AMTE Power signs MoU with Viritech to develop hydrogen FCEVs
    Lithium and sodium ion battery cell technology company AMTE Power Plc has signed a memorandum of understanding (MoU) with advanced powertrain developer Viritech Ltd to support the development of hydrogen fuel cell electric vehicles (FCEVs), AMTE Power announced on 7 June 2022. The company said th...
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