Northvolt is preparing to go public in the next twelve months, according to insider sources. The Swedish battery company could be valued at over $20 billion. The news was broken by Reuters, citing four people familiar with the plans, writing that the Swedish battery cell maker is close to engaging investment banks for a listing […] More…
Category: Electrive
UK Gov’ expands charging infrastructure funding
British Transport Minister Jesse Norman announced today a £56 million expansion of charging infrastructure. The funding will help add 2,400 charge points across the country, with sixteen local authorities joining the effort for the first time. The 2,400 charge points are expected to be delivered in the short term, writes the Department for Transport, while […] More…
Volvo CE launches electric loader conversion
Volvo Construction Equipment (Volvo CE) is digging deeper to pave the way for the EV transition and has developed a new solution for mid-size range construction machinery. This time, it is a conversion of a 20-ton loader for a speedier market entry. Volvo CE has been making headlines since it announced targets towards carbon neutrality […] More…
Porsche announces plans for electric Cayenne
Porsche has started the development of a battery-electric Cayenne. As with the electric Macan, however, the combustion engine model is to be offered in parallel for the time being. The news was reported by the British magazine Autocar, which writes that the battery-electric Cayenne is to be launched in 2026. Like the electric Macan, whose […] More…
Webasto to build charger factory in Mexico
Automotive supplier Webasto has opened a new production facility for charging solutions in Mexico to meet the growing demand in North America. At the new plant in Guanajuato, 10,000 chargers a week are currently coming off the production lines. By the end of the year, this number is expected to double. Webasto’s current production capacity […] More…
Magnis Energy strikes AAM supply deal with Tesla
The Australian battery material supplier Magnis Energy has scored a binding purchase agreement with Tesla over anode-active material (AAM) for at least three years with the option to get more. Yet, while binding, the contract has a few conditions. To start with, Tesla expects Magnis to supply 17,500 tons of anode-active material annually and can […] More…
Lightyear wants to launch new company to develop Lightyear 2
The Dutch solar car start-up Lightyear has announced the founding of a new company that will focus entirely on the Lightyear 2. However, not all details have been negotiated yet, and the insolvency administrator has yet to approve. According to Lightyear, enough money has been generated to create a “solid capital base” for the new […] More…
Xpeng announces plans for another EV factory in China
The Chinese electric car manufacturer Xpeng has commissioned its new production facility in Guangzhou, China. The plant has an annual production capacity of 120,000 vehicles and will manufacture the flagship G9 model, among others. Xpeng started construction of the new factory in September 2020 and received approval for full vehicle production from China’s Ministry of […] More…
VW develops own pulse inverters and thermal management
In addition to the battery and the electric drive, Volkswagen Group Technology is now also developing the pulse inverter and the thermal management itself for electric drives. As with other components, the VW developers have opted for a modular system. The first application will be in the MEB+. For the first pulse inverter “designed by […] More…
Alternative powertrains dominate the bus world
In 2022, 62% of all city buses in Europe were driven with an alternative powertrain. For over ten years, Wim Chatrou of Chatrou CME Solutions has been observing and analysing the European bus market. The two big surprises from 2022 were that Yutong registered the most electric buses across Europe, and Denmark came 4th in […] More…
Hyundai recalls some Ioniq 5 & Nexo models
Hyundai has launched recall campaigns for its BEV model Ioniq 5 and its hydrogen-powered Nexo. In the case of the electric models, workshop effort is limited: In the Ioniq 5, 7,558 units only need a new type plate with correct weight information. According to the German Federal Motor Transport Authority (KBA), a good third (2,689) […] More…
Mack Trucks partners with Heliox and Gilbarco
In the USA, Mack Trucks has entered charging infrastructure partnerships with Heliox and Gilbarco Veeder-Root. The agreements should enable customer adoption of battery-electric vehicles such as the Mack LR Electric, Mack’s first fully electric Class 8 refuse truck. Mac customers will now recieve end-to-end support with electric trucks, including on-hand inventory, hardware installations services and […] More…
CUTZEB to help Canadian transit agencies with buses
In Canada, a new organisation called CUTZEB, the Canadian Urban Transit Zero Emissions Bus joint procurement initiative, has been formed to support public transit agencies in procuring zero-emission buses and corresponding infrastructure. The new organisation is a spin-off founded by the non-profit organisation Canadian Urban Transit Research & Innovation Consortium (CUTRIC). The spin-off CUTZEB is […] More…
Mexico signs decree to nationalise lithium deposits
Mexico’s President Andrés Manuel López Obrador has now officially signed a decree to nationalise the lithium mined in the country. The material vital for the production of electric vehicle batteries vehicle batteries may now only be extracted and sold by state agencies. Only last August, the Mexican government founded Litio para México, a state-owned company […] More…
Ulemco to convert Aberdeen City utility fleet to hydrogen
Aberdeen City Council awarded a contract for a major fleet-wide hydrogen dual-fuel utility vehicle conversion to Ulemco. The contract initially covers 35 vehicles, which, once completed, will be the largest H2 fleet in the UK. This is not the first such contract for Ulemco, which has supplied heavy-duty vehicles to the Aberdeen City Council previously. […] More…
Uber to start electrifying fleet in India with 25,000 Tata BEVs
Ride-hailing company Uber will introduce 25,000 electric cars in India over the next three years through its platform. A memorandum of understanding signed with Tata Motors envisages the phased delivery of 25,000 units of Tata’s Xpres-T EV electric car from this month. The electric vehicles will be deployed in the Delhi area, Mumbai, Kolkata, Chennai, […] More…
EIB funds fast-charging network and H2 gas stations in Greece & Spain
The European Investment Bank (EIB) has granted two loans for the development of charging stations and hydrogen filling stations in Greece and Spain. The total amount involved is 80 million euros. A sum of €40 million will go to the Greek oil company Motor Oil over a period of ten years, which plans to build […] More…
Aschaffenburg orders H2 buses from Solaris
The municipal utility company Stadtwerke Aschaffenburg has ordered twelve hydrogen buses from the Polish manufacturer Solaris – ten Urbino 12 hydrogen solo buses and two articulated buses of the type Urbino 18 hydrogen. The latter two are a first for Solaris. The manufacturer presented the articulated 18-meter hydrogen bus in September 2022. Stadtwerke Aschaffenburg is […] More…
Northvolt to source copper foils from SK Nexelis
SK Group subsidiary SK Nexilis has signed a supply contract with Northvolt for copper foil worth up to 1.4 trillion won (US$1,08 billion). The five-year contract will come into effect next year. The supply volume is to cover about 80 per cent of Northvolt’s copper foil needs during the signed period and is expected to […] More…
Evonik acquires stake in graphene specialist SuperC
German chemical company Evonik has invested an undisclosed sum in Chinese battery specialist SuperC. The latter developed an innovative process to produce few-layer graphene and, in turn, pastes for electrodes in lithium-ion batteries. According to Evonik, SuperC’s graphene-based electrode material is already used in products from major Chinese battery manufacturers. The company wants to open […] More…