Industry

Electric vehicle charging company Flo plans to launch Flo Ultra, a fast charger designed for safety and accessibility with two charging ports per unit, next year. “As new EV drivers hit the road, they will be looking for fast charging that is safe, accessible, convenient, intuitive and reliable,” Nathan Yang, FLO chief product officer, said
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General Motors could add different battery chemistries and form factors that move beyond its plans with LG Energy Solution as the automaker launches a line of affordable electric vehicles, analysts said. GM has announced three U.S. battery plants with LG Energy Solution under its joint venture, Ultium Cells. The companies have said for months that they
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Redwood Materials said on Thursday it has received a conditional commitment for a $2 billion loan from the U.S. Energy Department to help build out a $3.5-billion recycling and re-manufacturing complex in Nevada for electric vehicle battery materials. Energy Secretary Jennifer Granholm said that, if finalized, the loan will help the project create critical materials
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The U.S. is not investing enough money in its electric vehicle charging infrastructure, and it’s contributing to American drivers’ range anxiety, a major hindrance to consumers adopting EVs en masse, according to a report issued by UP.Labs, the transportation and mobility division of venture capital firm UP.Partners. Historically, the cost of EVs has been the main reason
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As Mercedes-Benz speeds toward an all-electric future globally, it is also electrifying its commercial segment in the U.S. The luxury automaker will bring a battery-powered version of its workhorse Sprinter van to the U.S. and Canada in the second half of the year. The U.S. is the second-largest market for Sprinter vans after Germany. Mercedes
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Startup Liminal, which makes battery inspection systems for the manufacturing process, raised $17.5 million in its series A2 funding round, the company said Monday. The Emeryville, Calif., company will use the funding to scale production of its EchoStat inspection system, which it bills as an automated factory-integrated system for testing the performance of EV batteries.
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Despite many lidar companies going public in recent years, via the special purpose acquisition company process, the industry has taken a hit with some companies shutting down or being acquired over the past year. Lidar technology, which stands for “light detection and ranging,” uses lasers to map the environment. The reliability and cost of the
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Road trips in electric vehicles could soon become more feasible and easier to plan with Electrify America charging stations coming to travel centers across the U.S. Electrify America and TravelCenters of America detailed a new partnership Monday to install 1,000 chargers at 200 TravelCenters locations along major highways over the next five years. The companies
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StoreDot, a startup developing fast-charging electric vehicle batteries, and Circulor, a supply chain tracing company, unveiled a partnership Tuesday aimed at increasing transparency in the EV battery supply chain. The companies will track carbon dioxide emissions from mining the necessary raw materials used in StoreDot battery cells and the cell manufacturing process. That will help
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Automotive tech supplier Aptiv reported double-digit revenue growth and a surge in net income for the fourth quarter as the company continued to mitigate supply chain uncertainty. “Proactive initiatives and risk mitigation actions related to our supply chain have contributed to our ability to keep customers connected through significant disruptions,” CEO Kevin Clark said in
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