A subsidiary of Polestar Automotive Holding UK PLC is entering into a strategic joint venture in the China market with the technology company Xingji Meizu Group.
The joint venture is expected to strengthen Polestar’s offering in the Chinese EV market by bringing together Polestar’s capabilities within design…
Vontier Corporation (Vontier) announced the formation of EVolve, a new portfolio entity to accelerate its growth and show commitment to sustainable solutions for the e-mobility ecosystem. The company said this solution will enable EV charging providers and fleet operators to simplify and facilitate EV charging at scale.
Vontier said EVolve will be led by newly…
The sun will power more of Toyota Motor North America's operations thanks to a new power purchase agreement with Savion. Toyota says it has agreed to offtake 100-megawatts (MW) of the electricity generated as part of renewable energy company Savion's Martin County Solar Project through a virtual power purchase agreement (VPPA). The project is converting…
Stellantis Ventures, the corporate venture fund of Stellantis, has invested in Lyten to accelerate the commercialization of Lyten 3D Graphene applications for the mobility industry, including the LytCell lithium-sulfur EV battery, lightweighting composites and novel on-board sensing. Lyten says it will “leverage the unique tunability of the material to enable enhanced vehicle performance and customer…
The sun will power more of Toyota Motor North America's operations thanks to a new power purchase agreement with Savion. Toyota says it has agreed to offtake 100-megawatts (MW) of the electricity generated as part of renewable energy company Savion's Martin County Solar Project through a virtual power purchase agreement (VPPA). The project is converting…
TerrePower recently announced that solar remanufacturing at its Sparta, TN, facility is fully operational. The company says the plant is dedicated to extending the life and improving the performance of solar panels through sustainable manufacturing. The facility, with 20,000 square feet devoted to solar panel sustainable manufacturing, has an annual capacity of over 125,000 panels.…
Hyzon Motors has appointed Andrea Farace to its board of directors. Farace will serve on the nominating and governance committee as an independent director. Hyzon says Farace gained more than 40 years of financial services experience in mergers and acquisitions, investment banking, corporate banking, treasury and transaction services, retail and consumer finance, and fintech, with…
Autocar, a manufacturer providing custom-engineered severe-duty vocational vehicles, announced it has partnered with Mitsubishi HC Capital America and ChargePoint to provide the “Power Up” program, a bundled vehicle financing solution that the companies say is designed to help customers grow their electric fleets as well as build and install charging infrastructure. …
If you want your shop to service electric vehicles, there is one piece of equipment you need to invest in for diagnostics and repair. It is not an electrically insulated glove – it is a charger. A charger can be a diagnostic tool when customers complain that their EV is not charging. Also, a charger…
Bosch announced it has developed machinery, equipment and software to meet the increasing demand for batteries and the recycling of the raw materials they contain, such as lithium, cobalt, and nickel. Its subsidiary, Bosch Rexroth, is supplying Battery Lifecycle Company – a joint venture between Remondis subsidiary TSR Recycling and Rhenus Automotive – with Europe’s…