ETT I iByond™️ and Oicintra Group Joint Venture to Transform the Energy Sector
Economic Transformation Technologies (ETT) and Oicintra Inc. have executed a strategic joint venture, $3.9B over the next five years, designed to revolutionise the energy-related sectors targeted by the innovative products and services of Oicintra and ETT. This collaboration aims to drive significant value creation by accelerating innovative Ai integration, enhancing operational efficiency, and expanding market […]
Webasto to present new gen battery systems for CVs
In Fulda, where the RETTmobil International trade fair is being conducted, Webasto will present the successor to its popular drive battery system for commercial vehicles: The CV NextGen Battery builds on the benefits of the first-generation 35 kilowatt-hour battery by delivering up to 40 percent more energy while maintaining the same product dimensions. Enhanced safety features are […]
Fisker Ocean Extreme achieves longest range in a EV SUV
Fisker driven by a mission to create the world’s most emotional and sustainable electric vehicles, announces that the all-electric Fisker Ocean Extreme has a combined WLTP range of up to 707 km/440 UK miles, the longest range of any battery electric SUV sold in Europe exceeding Fisker’s estimates and providing Fisker Ocean owners with range […]
Foodpanda partners with Gogoro, Cycle & Carriage Singapore
Gogoro Inc. and Cycle & Carriage Singapore (C&C) announced a partnership with leading food delivery platform foodpanda in a battery swapping pilot that will support smart electric two-wheel vehicles for last mile deliveries in Singapore. The partnership follows Singapore Land Transport Authority’s (LTA) announcement last year that it awarded Gogoro and C&C with a battery swapping […]
GM and Lithium invest in large lithium mining projects in the US
General Motors Co. and Lithium Americas Corp. recently announced that they will jointly invest to develop the Thacker Pass mine in Nevada, which is the largest known source of lithium in the United States and the third largest in the world. Under the agreement, GM will make a USD 650 million equity investment in Lithium […]
AMPECO raises USD 16 mln in venture capital investment
AMPECO has raised a total of USD 16M in venture capital investment after having closed a Series A funding round of USD 13M led by BMW i Ventures. The funding will be used to drive further expansion into North America with a local presence while growing AMPECO’s engineering and product innovation teams. In addition to […]
Modine develops new battery system for EVs
With a global push towards electrifying vehicles across all commercial segments, Modine Manufacturing Company, a leading designer and manufacturer of thermal management solutions, recently announced the launch of a new edition of its ‘EVantage Battery Thermal Management System’ designed to meet the specific demands of on- and off-road electric vehicles. The new Battery Thermal Management System with a […]
BYD unveils Atto 3 and Seal at India Auto Expo 2023
BYD, the global leading new energy vehicle (NEV) manufacturer, presented its new luxury model BYD Seal and the limited edition of BYD ATTO 3 in its iconic color Forest Green at the Indian Auto Expo 2023. BYD Seal, whose sales have exceeded 50,000 within 5 months in China, is planned to be launched in India […]
Mclaren Applied partners Elaphe for improved EV performance
McLaren Applied has partnered with in-wheel motor specialists Elaphe to help automakers boost overall electric vehicle (EV) performance. The British engineering and technology pioneer is combining its next-generation IPG5 800V silicon carbide inverter with Elaphe’s range of in-wheel motors creating a highly efficient system that will enhance EV packaging, efficiency and driving dynamics. At just […]
Renault Group and Punch sign MoU for diesel ICE for LCVs
Renault Group, and PUNCH Torino, a well-known center of excellence for propulsion systems and electronics, recently announced the signature of a binding Memorandum of Understanding concerning their cooperation on Renault 4-cylinder diesel engines for light commercial vehicles (LCVs). Under the terms of the agreement, PUNCH will be able to purchase, use and sell the current […]