China’s largest EV maker has ambitious plans to become a true player in Europe. After expanding its partnership with auto tech giant Forvia, BYD expects to rapidly gain market share in the region. BYD is expanding its partnership with Forvia, the world’s seventh-largest auto tech supplier, as it builds its presence in Europe. Forvia announced … Continue reading “BYD and auto tech giant Forvia team up to take on Europe”
Written by Electric Vehicles Magazine
Large-scale energy storage today is dominated by lithium-ion batteries, which use an electrochemical reaction to pack away and discharge power. Exowatt, instead, stores solar energy in a thermal battery (a fancy term for a hot brick) that can hold its energy for up to 24 hours. Humans have been storing heat energy in hot materials for millennia; manufacturers … Continue reading “Exowatt aims to repurpose old tech to deal with new AI power demand”
Written by Electric Vehicles Magazine
Several years in, a partnership between Mercedes-Benz and battery firm Factorial is finally showing progress toward developing viable solid-state battery tech for EVs. Factorial on Tuesday announced that its Solstice solid-state battery cell developed in collaboration with Mercedes could boost EV range by up to 80% through greater energy density. This allows for greater energy … Continue reading “Factorial solid-state tech could boost Mercedes EV range 80%”
Written by Electric Vehicles Magazine
Industrial chemicals firm Chemours, the maker of such well-known products as Freon and Teflon, is also a player in battery technology. Now the company has opened a new laboratory facility, the Chemours Battery Innovation Center (CBIC) at its Discovery Hub in Newark, Delaware. The CBIC will support the testing and scaling of Chemours’s next-generation EV … Continue reading “Chemical firm Chemours opens Battery Innovation Center to develop EV battery tech”
Written by Electric Vehicles Magazine
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. This tech earnings season has been a test of the bullish generative AI narrative that has propelled the valuations of the Magnificent Seven, a group of megacap stocks, and the entire US stock market, to … Continue reading “A rollercoaster earnings season for tech stocks”
Written by Electric Vehicles Magazine
Global stock markets fell sharply on Thursday following a major selloff on Wall Street. Tokyo’s main index lost over 1,300 points at one point, closing down more than 3%, as global pessimism took hold. European Markets Drop Major European stock indices also fell: France’s CAC 40 dropped 1.5% to 7,400.08. Germany’s … Continue reading “Global Stock Markets Drop After Wall Street Tech Selloff”
Written by Electric Vehicles Magazine
In-wheel motors became a reality in a production electric pickup for the blink of an eye—in the Lordstown Endurance. But the technology, also known as wheel-hub motors, hasn’t yet been confirmed as production-bound for any other U.S. passenger vehicle or personal-use truck. That could change in the future. Based on some pictures recently published, Ford … Continue reading “Will in-wheel motor tech go big in electric pickups?”
Written by Electric Vehicles Magazine
Kia’s new affordable EV is already having a big impact on the brand. Powered by its fourth-gen tech, Kia says the EV3 battery has 22% higher energy density than the Niro EV, enabling longer range and faster charging. Kia unveiled the EV3 for the first time in October as part of its new affordable EV … Continue reading “Kia EV3 uses next-gen tech and batteries for more range and faster charging than the Niro EV”