RattanIndia Forays Into Electric Vehicle Space
RattanIndia Enterprises, a New Delhi-headquartered private-sector power producer, has announced it is venturing into electric vehicle space by acquiring a substantial strategic stake in Revolt Intellicorp, a next-generation electric mobility company. The company will infuse an aggregate INR 150-crore fund…
SK Innovation Works With Kia To Recycle Spent Electric Vehicle Batteries
SK Innovation, a major electric vehicle battery maker in South Korea, will work with Kia Motors to establish an industrial ecosystem for recycling spent batteries from EV6, a new electric vehicle to be released by the car company in the…
CredR Partners With Crayon Motors To Provide Seamless Upgrade To Electric Bikes
Electric mobility has gained unprecedented importance in India over the last few years. As a result of the COVID-19 pandemic, people are becoming environmentally conscious and are moving towards the adoption of electric vehicles. Moreover, EVs are gaining higher acceptability…
Tula’s DMD™ Improves Electric Motor Efficiency While Reducing Rare Earth Materials In Battery Electric Vehicles
Tula Technology, Inc., a leader in propulsion efficiency, reported that their product Dynamic Motor Drive (DMD™) mitigates efficiency losses of electric motors while significantly reducing reliance on rare-earth materials. DMD’s application to electric vehicle motors has the potential to increase…
GM Introduces Ultium Charge 360
General Motors introduced Ultium Charge 360, a holistic charging approach that integrates charging networks, GM vehicle mobile apps, and other products and services to simplify the overall charging experience for GM electric vehicle owners. Ultium Charge 360 builds on GM’s…
Suzuki, Subaru, Daihatsu, Toyota, And Mazda To Develop Joint Technical Specifications For Next-Generation Vehicle Communications Devices
Suzuki Motor Corporation, Subaru Corporation (Subaru), Daihatsu Motor Co. Ltd., Toyota Motor Corporation, and Mazda Motor Corporation reached an agreement to develop jointly technical specifications for next-generation vehicle communications devices. They also agreed to promote the common use of communications…
EnBW Developing Europe’s Largest EV Fast Charging Station
German electric utility company EnBW has announced it is implementing a flagship charging station at the Kamener Kreuz autobahn interchange. When complete, the 52 charging points will make it the largest public fast charging station in Europe, according to EnBW….
Hino Motors, Ree Automotive Partner To Bring New Technologies To Commercial Vehicles
Hino Motors, the Toyota subsidiary that makes commercial vehicles and diesel engines, is forming a strategic alliance with Israeli-based REE Automotive, a manufacturer of modular platforms to support autonomous vehicles. The goal is to combine Hino’s expertise in commercial vehicles…
Electric Vehicle Battery Group Raises $2Bn In Korea’s Biggest IPO In 4 Years
The company priced the offering at Won105,000 per share or the top of a marketed range, according to a stock exchange statement. Demand for shares outweighed the number on offer by 1,883 times as institutional investors bet on growth in…
Honda Promises To Make Only Emission-Free Vehicles In The Future
Honda became the latest automaker to promise an emissions-free future. In his first press conference as CEO of the Japanese automaker, Toshihiro Mibe said the company “will strive” to sell only battery-electric vehicles and fuel cell electric vehicles by 2040…