Toyota Tsusho Corporation (“Toyota Tsusho”) announced today that in October 2020 it invested in Enoah Inc. (“Enoah”), which is involved in activities such as designing and manufacturing of hydrogen fuel cells and water electrolysis systems, with the goal of building a renewable energy supply chain that utilizes hydrogen. Since the Japanese government declared its plan… Continue reading @Toyota: Toyota Tsusho Invests in Enoah, a Company Involved in Hydrogen Fuel Cells and Water Electrolysis Systems- Contributing to transition into a decarbonized society through renewable energy business expansion –
Tag: Electric vehicles
Aludyne Acquires Shiloh Industries’ CastLight Business to Strengthen Leadership in Lightweighting Solutions
SOUTHFIELD, Mich., April 13, 2021 /PRNewswire/ — Aludyne announced today that it has acquired Shiloh Industries’ CastLight division. The CastLight acquisition strengthens and expands Aludyne’s position as a lightweighting solutions provider. Aludyne will further diversify its customer base and add new facilities in the US, Netherlands, Poland and China. With the acquisition of Shiloh Industries’… Continue reading Aludyne Acquires Shiloh Industries’ CastLight Business to Strengthen Leadership in Lightweighting Solutions
@Ford: Mustang Claims Back-to-Back World’s Best-Selling Sports Car Crowns, Retains Best-Selling Sports Coupe Title for 6th Straight Year
DEARBORN, Mich., April 13, 2021 – For the second straight year, Ford Mustang – which celebrates its 57th birthday this Saturday – is the world’s best-selling sports car. The famed pony car also retained its title of best-selling sports coupe for the sixth straight year. Led by a surge in sales in high-performance Bullitt, Shelby… Continue reading @Ford: Mustang Claims Back-to-Back World’s Best-Selling Sports Car Crowns, Retains Best-Selling Sports Coupe Title for 6th Straight Year
GAC Tech Day Showcases Exciting New Developments
First off, there was the revealing of GAC’s “neutron star strategy”, aimed at creating a new era of low-carbon, new energy travel. GAC will continually work towards creating a battery that is like a neutron star: small, yet densely packed with extreme speed and power. Tech Day 2021 also saw the unveiling of GAC’s sponge… Continue reading GAC Tech Day Showcases Exciting New Developments
Samsung SDI and Hyundai Motor Group to Work on Development of Next-Generation Cylindrical Batteries
Samsung SDI is set to develop next-generation cylindrical batteries that will be used for Hyundai Motor Group’s new HEVs (hybrid electric vehicle) and made an agreement with the group. The agreement is a result of meetings between Chairman Chung Eui-sun of Hyundai Motor Group and Vice Chairman Lee Jae-yong of Samsung Electronics and it will… Continue reading Samsung SDI and Hyundai Motor Group to Work on Development of Next-Generation Cylindrical Batteries
@VW Group: EPA confirms 260-mile range for Volkswagen ID.4 Pro electric SUV002827
Apr 12, 2021 EPA-estimated 260 miles of range on ID.4 Pro 82 kWh rear-wheel-drive models, compared to EPA-estimated 250 miles on ID.4 Pro S and 1st Edition Three years of unlimited charging at Electrify America DC Fast Chargers at no additional cost MSRP starts at $39,995 for ID.4 Pro Herndon, VA — Volkswagen of America,… Continue reading @VW Group: EPA confirms 260-mile range for Volkswagen ID.4 Pro electric SUV002827
Nvidia, Volvo Cars accelerate auto industry’s data-processing power race
By Joseph White 3 Min Read DETROIT (Reuters) – Volvo Cars said Monday it will use a new generation of high-powered chips from Nvidia Corp to enable more autonomous driving functions in future vehicles, starting next year. Slideshow ( 2 images ) Volvo is among a crowd of new and established automakers putting digital processing… Continue reading Nvidia, Volvo Cars accelerate auto industry’s data-processing power race
Volvo Cars, Zoox, SAIC and More Join Growing Range of Autonomous Vehicle Makers Using New NVIDIA DRIVE Solutions
SANTA CLARA, Calif., April 12, 2021 (GLOBE NEWSWIRE) — GTC — Volvo, Zoox and SAIC are among the growing ranks of leading transportation companies using the newest NVIDIA DRIVE™ solutions to power their next-generation AI-based autonomous vehicles, NVIDIA announced today. NVIDIA’s design-win pipeline for NVIDIA DRIVE now totals more than $8 billion over the next six… Continue reading Volvo Cars, Zoox, SAIC and More Join Growing Range of Autonomous Vehicle Makers Using New NVIDIA DRIVE Solutions
Battery Resourcers Closes $20M Series B Equity Funding
Battery Resourcers CEO Mike O’Kronley at the company’s Novi, Mich. facility on April 9, 2021 Battery Resourcers, a Worcester, MA-based vertically integrated lithium-ion battery recycling and manufacturing company, recently completed a $20m Series B equity funding. The round was led by Orbia Ventures, the venture capital arm of the multinational Orbia, with participation from other investors including At One Ventures, TDK… Continue reading Battery Resourcers Closes $20M Series B Equity Funding
EV automaker Rivian partners with Samsung SDI in battery cell supply deal
Rivian, the Amazon-backed EV manufacturer aiming to bring an electric pickup to market later this year, has partnered with Samsung SDI as its battery cell supplier, the company said Monday. The two companies did not disclose the value of the deal or its term length, but in a statement released Monday Rivian said it had… Continue reading EV automaker Rivian partners with Samsung SDI in battery cell supply deal