The South Korean chemical company LG Chem has invested 24 billion won (approx. 17.6 million euros) in Jae Young Tech, a battery recycling specialist also based in South Korea. However, the joint plans mainly relate to North America. Jae Young Tech was founded in 2016 and has a technology for recovering high-purity lithium from used […] More…

IM Motors, the Chinese joint venture of SAIC and Alibaba, has unveiled its second production model. After the debut model, the electric luxury sedan IM7, now follows with the LS7, a five-seat electric SUV. The LS7 has already gone on pre-sale in China at prices ranging from 350,000 to 500,000 yuan (the equivalent of around […] More…

Fox E-Mobility has provided an update on its plan to revive the Mia electric car. Financing this venture is “a huge challenge” – a plan for restructuring is due to be rubber-stamped at the AGM in January. The financial situation is tight. As the company wrote in a recent statement, it is dependent on fresh […] More…

The United States Postal Service (USPS) has announced a further increase in the share of electric vehicles in new fleet purchases. In total, the USPS plans to deploy at least 66,000 battery-electric delivery vehicles by 2028. The Postal Service expects to increase the number of purpose-built Next Generation Delivery Vehicles (NGDVs) to more than 60,000 […] More…

Porsche has announced an offer to upgrade home charging in the USA for the 19.2 kW AC charging system. This upgrade effectively doubles the power the Taycan can draw from a 19.2 kW charger. The new module replaces the existing onboard charger located behind the front trunk area, and allows 2020 Taycan model year Taycan […] More…

The globally operating US-registered fuel cell truck manufacturer Hyzon Motors is taking full control of its European business. The move was foreshadowed when it became clear that Hyzon was increasingly dissatisfied with the situation with its joint venture partner. Hyzon is now acquiring the remaining 1,485,000 shares worth 5.52 million euros in the joint venture […] More…

Toyota has announced a €77 million investment in the production of fifth-generation hybrid powertrains at its plants in Poland and the UK. The powertrain will be used for the first time in the new Corolla. Seven production lines will be upgraded at both Toyota Motor Manufacturing Poland (TMMP) and Toyota Motor Manufacturing UK (TMUK) plants […] More…

Volkswagen has announced that at the turn of the year it will reorganise its purchasing department at the Group level, as well as reorganising purchasing at its VW Passenger Cars and MAN Truck & Bus brands. Dirk Große-Loheide will take over Group Purchasing with effect from 1 January 2023. Große-Loheide, who is currently an Audi […] More…

Following a criminal complaint filed by the Brandenburg State Office for the Environment (LfU), the Potsdam public prosecutor’s office has opened an investigation against Tesla on suspicion of unauthorized operation of a hazardous materials storage facility at the Grünheide site. According to a report by the local publication RBB, the proceedings will examine whether the […] More…

In Germany, the Munich-based e-mobility startup EcoG has closed a six million euro Series A funding round, bringing new investors BayBG and Lindner Group on board. EcoG develops operating software for DC charging stations and aims to help its customers scale their solutions. Existing investors Ananda Impact Ventures and Helen Ventures have further increased their […] More…

Stellantis has announced a new partnership with Octopus Energy to improve electric vehicle charging experience for customers across the UK. While the Octopus partnership is already available to Vauxhall customers, it has now been expanded to include Stellantis companies Citroën, DS Automobiles, Fiat, Jeep and Peugeot brands, with access to a range of benefits for […] More…

Chinese battery cell manufacturer and Volkswagen partner Gotion High-Tech is planning to build a battery pack production facility in Thailand. The new plant is scheduled to start production in the fourth quarter of 2023. The plant is being built as part of a joint venture between Gotion subsidiary Gotion Singapore, and Nuovo Plus, a subsidiary […] More…

A British consortium is aiming to advance the development of bidirectional charging technologies for electric boats. The Virtual Bunkering for Electric Vessels (VBEV) project, funded by the British government, will lead to the world’s first demonstrator of electric boats with bidirectional charging equipment. The VBEV consortium is led by Aqua Superpower, a company specialising in […] More…

As part of the now successfully completed European cooperation project ‘Power2Power’, 43 partners from industry and research have jointly developed novel power semiconductors with higher power density and energy efficiency over the past three years. A follow-up project will start in January. Power2Power was coordinated by Infineon Technologies and has produced significantly improved power semiconductors […] More…

The US-American electric car manufacturer Lucid Motors has opened its third European retail location and its first service, delivery and distribution centre in Europe in Hilversum, the Netherlands, just outside Amsterdam. The 2,232-square-meter location is designed to provide Dutch customers with comprehensive sales and service support, the company said in a statement. Lucid’s European headquarters […] More…

Hyundai has unveiled the design of the new Kona generation. The small SUV has a much more modern look. The Korean company has not provided any details about the technical specifications yet, but they should hardly come as a surprise. More surprising, however, is the design change, for which Hyundai has taken inspiration from its […] More…

The German charging infrastructure manufacturer Compleo Charging Solutions will file for insolvency proceedings in self-administration at short notice due to impending insolvency. The board of directors no longer considers “the positive continuation of the company as a going concern to be predominantly probable”. Compleo has revealed in an ad hoc release that the board of […] More…

Audi has presented its plan for future production strategy under the slogan ‘360factory’. By the end of this decade, the brand will manufacture electrically powered models at all production sites worldwide. The background to this is Audi’s announcement that from 2026 it will only be launching new battery-electric models on the market and that it […] More…

In the UK, Hyperbat has sealed a multi-million-pound contract to supply battery packs to Lotus for its new all-electric Evija. The battery packs will be made in Coventry, England. Hyperbat is a joint venture between Williams Advanced Engineering and Unipart  formed in 2018. The battery maker is now to manufacture the 90kWh lithium-ion battery packs […] More…

The US American government will not publish the battery mineral and component requirements that electric cars must meet to qualify for tax incentives under the Inflation Reduction Act until March 2023. This was revealed by the US Treasury Department. Initially, these battery requirements were to be determined in 2022, as electric vehicle tax credit reform […] More…