Magna International MGA recently announced that it is expanding its operations into Chatham-Kent, Ontario, as part of an extension of its current operations in St. Thomas to support new business from Ford F. Magna, focused on accelerating its electrification strides, is leveraging its top-class body and chassis expertise to provide innovative battery enclosures. MGA’s investment… Continue reading Magna (MGA) to Expand Ontario Operations for Battery Enclosures
Tag: Tesla
EV startup Faraday Future receives SEC subpoena
The startup said on Thursday it would miss the deadline for filing its 2021 annual report with the U.S. securities regulator due to delays caused by the internal investigation. Electric-vehicle startup Faraday Future Intelligent Electric Inc said on Thursday some of its employees, including members of the management team, had received a subpoena from the… Continue reading EV startup Faraday Future receives SEC subpoena
German Manager Magazin: Swap batteries for electric cars: China relies on battery swaps with Nio and CATL001657
Many years ago, a certain Shai Agassi (53) caused a sensation with an idea. The longtime SAPmanager, who would have liked to have become CEO of the Dax group, wanted to sell replaceable batteries for electric cars with his start-up Better Place from 2008. He even raised $850 million in capital from investors – but… Continue reading German Manager Magazin: Swap batteries for electric cars: China relies on battery swaps with Nio and CATL001657
EV batteries should last 15 years, says former Tesla CTO Straubel
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German Manager Magazin: Largest car manufacturers in the world and how the market is changing001654
“Anyone who looks at the auto industry is looking at an industry that has gone through a chain of crises in recent years and is still going through it,” says Fabian Brandt (46), head of the global automotive business at the management consultancy Oliver Wyman. Shock news followed shock news. Fabian Brandt Enlarge image Photo:… Continue reading German Manager Magazin: Largest car manufacturers in the world and how the market is changing001654
Biden eyes boost to mining of minerals for electric vehicles
USA President Joe Biden WASHINGTON: Facing higher oil prices after Russia’s invasion of Ukraine, President Joe Biden is looking at invoking the Defense Production Act this week to increase the mining of critical minerals for the batteries used in electric vehicles. That’s according to a person familiar with the White House plans who insisted on… Continue reading Biden eyes boost to mining of minerals for electric vehicles
Ferrari’s Plug-in Hybrid One-Ups the Combustion Engine
Something strange is happening in the Ferrari SF90. With a silly-sounding 1,000 metric horsepower under my right foot, the SF90 should be sliding sideways through this devilish stretch of the Pista di Fiorano test track. Especially since I’m straining to keep pace with Raffaele de Simone just ahead, the Ferrari test driver who routinely sets… Continue reading Ferrari’s Plug-in Hybrid One-Ups the Combustion Engine
Tesla secures big 200 MWh Megapack order for a new energy storage project in Australia
The state of Queensland and publicly owned generator CS Energy announced a giant new 100 MW/200 MWh energy storage project, and it selected Tesla’s Megapack to power it. Australia has proven to be a very important market for Tesla’s energy storage business. Its flagship Tesla Big Battery project in South Australia became the first of… Continue reading Tesla secures big 200 MWh Megapack order for a new energy storage project in Australia
SK On produces‘prismatic’ battery packs
Implementation of mass production after establishing a pilot production this yearHigh expectations for the combination of LFP and prismatic battery pack with energy density improvement SK On makes prismatic battery packs for electric vehicles. Unlike its competitors such as LG Energy Solution (cylindrical/pouch), Samsung SDI (cylindrical/prismatic), and Panasonic (cylindrical/prismatic), SK On only produced pouchbattery packs.… Continue reading SK On produces‘prismatic’ battery packs
Electric car: Battery cost drives up prices at Tesla
With nearly 25,000 registrations, Tesla’s Model 3 has won the title of best-selling electric car in France in 2021, but repeating the performance will be complicated this year. The manufacturer’s website announces a delivery time of nine months for the basic version and, above all, its price jumped in a few days: between the beginning… Continue reading Electric car: Battery cost drives up prices at Tesla