French battery manufacturer Forsee Power has signed a cooperation agreement with Chinese cell producer CALB. Under the agreement, Forsee Power will integrate CALB’s NMC cells with “very high energy density” into its battery systems for electric commercial vehicles. Concrete purchase quantities or financial volumes of the agreement have not yet been disclosed. The cooperation also […] More…

General Motors is investing in the lithium producer Lithium Americas, thus securing access to the Thacker Pass mine in Nevada, the largest known source of lithium in the USA and the third largest in the world. In addition, GM has secured its supply for another component for its electric cars with a German company. Under […] More…

The South Korean materials group Posco Chemical has received its largest and longest-term order to date. Battery manufacturer Samsung SDI has contracted Posco Chemical to supply NCA cathode material over a ten-year period. The high nickel content NCA cathodes are explicitly for electric vehicle batteries. The order is worth 40 trillion won (equivalent to around […] More…

The ChargePoint network and Stem, an AI-driven clean energy solutions provider, have agreed to join forces and put artificial intelligence behind EV charging. They aim for lower operating costs and added energy resiliency at charging hubs and locating new sites. ChargePoint will analyse the EV charging demand at sites looking to install DC chargers and […] More…

Sonoma County in California announced the purchase of ten battery-electric buses by Proterra to replace ten compressed natural gas buses. The new buses shall arrive in the summer of 2024 and join six other all-electric buses expected to arrive in June. This will bring up the total number of electric buses in Sonoma County services […] More…

BMW is joining forces with Evergo in Mexico to build more than 4,000 public charging stations for electric vehicles in the country over the next five years. The companies have slated a $ 200 million investment and are looking into both AC and DC charging. BMW Mexico has been offering electrified vehicles in the country […] More…

Stagecoach has ordered 55 electric buses from British bus builder Alexander Dennis Limited (ADL). It is the first order of ADL’s latest double-decker, which they developed entirely in-house. ADL unveiled the Enviro400EV in November 2022 – before the presentation, all Enviro400EV buses of the same name came from a cooperation BYD. The vehicles marketed as […] More…

The Geely subsidiary Lotus has announced its intention to list its electric car division Lotus Technology on the stock exchange. Accordingly, the plan is to list on the US stock exchange Nasdaq through a merger with L Catterton Asia Acquisition Corporation, which is already listed there. The plans, which were leaked about a year ago, […] More…

Tesla is planning to increase its capital expenditure range by one billion dollars. The money could flow into the expansion of Giga Nevada, or possibly into a new plant in Mexico, for which there is new information about a possible location. First, to the company’s investment plan: as a document submitted to the US Securities […] More…

Swiss technology group ABB has raised a further 325 million Swiss francs from four investors, including Porsche SE, for its e-mobility division with its charging station business in the second and final round of its pre-IPO private placement. ABB had raised around 200 million Swiss francs in the first pre-IPO private placement. This raised a […] More…