Electric Vehicle Battery Startup Ample Raises $160 Million
Ample, a San Francisco-based developer of swappable electric vehicle (EV) batteries, has raised $160 million in new funding round, the company said. The company has developed a battery for EVs and an automated process for quickly swapping out depleted batteries…
BMW Secures Funding For EV Battery Aiming To Rival Range Of A Traditional Engine
A BMW project centered around the development of a long-distance electric vehicle battery has been awarded £26.2 million ($36.07 million) in joint funding from industry and the U.K. government. The Oxford-based project, called BMW-UK-BEV, is one of four to receive…
XPeng Signs An Agreement For The Zhaoqing Smart EV Manufacturing Base Phase Two Expansion Project, Which Will Increase Annual Design Production Capacity From 100,000 To 200,000 Units.
XPeng Inc., a leading Chinese smart electric vehicle (Smart EV) company, announced it has signed an agreement with the Zhaoqing Municipal Government and the Zhaoqing High Technology Industry Development Zone to build the Phase Two expansion project of the XPeng…
Goodyear Ventures Invest In EV Charging And Software Company AmpUp
Goodyear announced that its venture capital arm, Goodyear Ventures, has added AmpUp, a leader in electric vehicle (EV) charging, to its investment portfolio. AmpUp supports the EV driving community through its advanced charging network and software solutions. With operations across…
CESL Seeks Bids For 100,000 E3Vs
Convergence Energy Services (CESL), a wholly-owned subsidiary of Energy Efficiency Services (EESL), has issued a tender to procure 100,000 electric three-wheelers (E3W). A request for proposals (RfP) has been issued inviting original equipment manufacturers (OEMs) to provide quotations for E3W…
Sugar-Fueled Automobiles In India Will Increase Food Inflation Concerns
India is pushing for more cars to run on ethanol made from sugar, a move that risks raising the cost of the sweetener globally. The government will fast-track an ethanol program that will divert as much as 6 million tons…
Automakers Commit To Increasing Electric Car Sales In The US
Declaring the U.S. must “move fast” to win the carmaking future, President Joe Biden on touted a commitment from the auto industry to make electric vehicles up to half of U.S. sales by the end of the decade. Biden wants…
Sertec Group Established UK’s First EV Battery Busbar Production Line
Sertec Group, a UK-based automotive component manufacturer, has invested £1.7m (US$2.36m) into its research and development (R&D) programs, to enable the UK’s first mass-production assembly line for electric vehicle batteries. The new assembly line will be fully operational in September…
Reliance BP Mobility, Swiggy Partner To Build Electric Vehicle Battery-Swapping Station Ecosystem
Online food delivery platform Swiggy said it has signed an agreement with Reliance BP Mobility Ltd (RBML) to build an ecosystem for electric vehicle battery-swapping stations across the country. The partnership aims to synergise their strengths of scale, reach, and…
EDF And Nissan Partner For Vehicle-To-Grid EV Charging
The V2G chargers store energy at times when the grid is less busy to make energy available for sale on the market, or for supporting grid flexibility, at times of peak energy use. EDF will launch the new V2G commercial…
