Indian automaker Mahindra & Mahindra is in talks with global investors to raise between $250 million and $500 million to accelerate its plans to build electric vehicles (EVs), a source with direct knowledge of the matter told Reuters. Mahindra is in early talks with global green funds and private equity firms, the person said, adding that it wants a… Continue reading India’s Mahindra said to be in talks with green funds, PEs to raise up to $500m in EV push
Tag: Electric vehicles
LG Energy Solution Partners with Three Canadian Suppliers to Augment Key Battery Material Supply Chain in North America
LGES reinforces its cobalt and lithium supply chain in North America by forging comprehensive collaborations with key suppliers in Canada The company to further expand its efforts in securing raw material supply chain in North America to uphold its mid- to long-term strategy focusing on North American market SEOUL, South Korea, Sept. 22, 2022 /PRNewswire/… Continue reading LG Energy Solution Partners with Three Canadian Suppliers to Augment Key Battery Material Supply Chain in North America
@Ford: Doug Field
Doug Field is chief advanced product development and technology officer, effective September 2022. He reports to Jim Farley, Ford president and CEO. In this role, Field oversees design and vehicle hardware engineering across the enterprise, and leads development of Ford’s electric vehicles and digital systems within Ford Model e. The latter includes overseeing software development,… Continue reading @Ford: Doug Field
Ford announces team shake-up after supply chain warning for Wall Street
Within 72 hours of warning Wall Street that it planned to spend $1 billion more than expected this quarter on supply chain costs, Ford Motor Co. announced reorganizing part of its executive leadership team that oversees supply chain management and product development — while adding yet more Silicon Valley tech talent. Parts shortages delay production… Continue reading Ford announces team shake-up after supply chain warning for Wall Street
Can pacemaker users charge EVs safely? Questions linger.
The leading manufacturer of heart pacemakers recommends users of its devices stay at least 12 inches away from electric vehicle charging stations, advice that could keep millions of people around the world from using EVs and slow the increasingly popular technology’s expansion. There’s no evidence of harmful interactions between charging stations and pacemakers or other… Continue reading Can pacemaker users charge EVs safely? Questions linger.
@GM: GM and Lithion Announce an Investment and Strategic Partnership Agreement to Pursue a Circular EV Battery Ecosystem
GM and Lithion Announce an Investment and Strategic Partnership Agreement to Pursue a Circular EV Battery Ecosystem 2022-09-22 MONTREAL AND DETROIT – Lithion Recycling Inc. (“Lithion”) and General Motors Co. (NYSE: GM) today announced that GM Ventures, the automaker’s investment arm, has made a strategic investment in Lithion’s Series A financing round, supporting a new… Continue reading @GM: GM and Lithion Announce an Investment and Strategic Partnership Agreement to Pursue a Circular EV Battery Ecosystem
Ballard receives order from Siemens Mobility to power 7 trains and signs LOI for up to an additional 200 modules over the next six years
VANCOUVER, BC and MUNICH, Sept. 22, 2022 /PRNewswire/ – Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced an order for 14 x 200 kW fuel cell modules from Siemens Mobility GmbH (“Siemens Mobility”; www.mobility.siemens.com), a leading supplier in the development of alternative drives, to power a fleet of seven Mireo Plus H passenger trains.… Continue reading Ballard receives order from Siemens Mobility to power 7 trains and signs LOI for up to an additional 200 modules over the next six years
AirPods Pro 2 offer two big upgrades but connectivity chaos hasn’t been tamed
Pros Transparent mode is significantly better than the previous generation Sound quality is clear and has a fuller range Built-in case speaker to locate the AirPods is useful New extra small (XS) ear tips give their fit more flexibility Cons Still one of the most expensive pairs of earbuds on the market Connectivity chaos remains… Continue reading AirPods Pro 2 offer two big upgrades but connectivity chaos hasn’t been tamed
GM investing in Lithion Recycling to support advanced EV battery recycling tech
GM announced Thursday that its venture capital division, GM ventures, will invest in Lithion Recycling to support a sustainable circular battery ecosystem. The new partnership will focus on researching and developing a viable EV battery recycling method to further reduce emissions and the usage of critical minerals. Global supply chains are still recovering from the… Continue reading GM investing in Lithion Recycling to support advanced EV battery recycling tech
Tesla’s giant ‘safety recall’ of 1 million vehicles is just another software update
The media has reported today on Tesla having to recall a massive number of electric vehicles in the US, but the fix for the “safety recall” is again just another software update that Tesla has already started to push. Earlier this year, NHTSA issued a series of recalls on Tesla vehicles that were highly reported… Continue reading Tesla’s giant ‘safety recall’ of 1 million vehicles is just another software update