V2G Charging Pioneer Nuvve To Go Public Via SPAC Reverse Merger
Nuvve, the San Diego-based company that’s spent the past decade pioneering electric-vehicle-to-grid (V2G) projects around the world, plans to go public via a special purpose acquisition company (SPAC). It’s the latest example of an EV-related company seeking public financing as…
Volkswagen EV Battery Lab Begins Construction In Tennessee
The German automaker has made the southern state it’s home for electric vehicle production, and soon, batteries. Recently, the company said construction began on its new battery lab, which will handle testing for EV batteries in the future as part…
Ford Announces Key Investments In Plants To Build EVs Like The New E-Transit Van
Ford Motor Co. said it will invest $100 million in its Kansas City Assembly Plant and add 150 jobs there to build the new E-Transit van, which the company will reveal later this week. The automaker is also investing $850…
Lomiko Encouraged By President-Elect Biden’s $400 Billion Clean Energy Plan
Lomiko Metals Inc., is focused on the exploration and development of flake graphite in Quebec for the new green economy. Lomiko has been monitoring emerging legislation aimed at reducing dependence on Chinese supply of graphite, lithium, and other electric vehicle…
GM Tests Its Ultium Battery System For Cruise Origin Autonomous Electric Vehicle
GM has started testing its Ultium battery system, which is going to power its next generation of electric vehicles, for the Cruise Origin autonomous electric vehicle. Earlier this year, GM Cruise, General Motors’ autonomous driving subsidiary, unveiled its self-driving electric…
EV Battery Tech Closes Acquisition To Bring Patented BMS Technology To North America, South America, Europe And Africa
Extreme Vehicle Battery Technologies Corp. (“EV Battery Tech”) announced that it has signed a marketing and development agreement with Jiangsu RichPower New Energy Co. Ltd. (“RichPower”) and Intelligent Battery Technologies (“IBT”) and closed the acquisition contemplated in its distribution and…
Fairfax County & Dominion Energy Launch Virginia’s First Publicly Funded Autonomous Electric Shuttle Pilot Project
Fairfax County and Dominion Energy have launched passenger service on Relay—the first publicly funded autonomous electric shuttle and test of driverless technology in public transportation in the Commonwealth of Virginia. This pilot project is a public-private partnership between Fairfax County,…
Ideanomics Invests In California-Based e-Tractor Company Solectrac
Ideanomics announced that it has acquired 15% of California-based Solectrac, Inc. for the consideration of $1.3 million. Solectrac develops, assembles and distributes 100% battery-powered electric tractors—an alternative to diesel tractors—for agriculture and utility operations. With this investment in Solectrac, Ideanomics…
Tesla Will Leave ‘Skateboard’ Behind & Move To Structural Battery Packs
Tesla’s first vehicle wasn’t a ground-up electric car. In fact, the original Tesla Roadster was essentially a gas car converted to electric. As we’ve said time and time again, this isn’t the best way to do it. We’ve seen many…
GM Reveals $2B Investment, Moves GMC Acadia Production To Lansing Delta Twp. Assembly
General Motors said it is investing $2 billion in six U.S. assembly plants and will be converting its Spring Hill, Tennessee, assembly plant to become the company’s third factory to build electric vehicles. As part of that, GM said it…
