Chinese electric vehicle (EV) manufacturer XPeng has demonstrated significant financial progress, halving its net losses in the second quarter of 2024 compared to the same period in 2023. This improvement underscores the company's strategic initiatives aimed at enhancing operational efficiency and expanding its market presence. Financial Performance in Q2 2024

    In a recent article at PV Magazine, we got our first look at the new “massless” battery technology. They call their carbon fiber batteries “massless” not because they literally have zero mass (that’s physically impossible by our current understanding of physics), but because they add no mass to

SK Innovation, a battery cell maker part of the South Korea-based chemical and energy conglomerate SK, confirmed (via GreenCarCongress) that it has been selected as the supplier of battery cells for Mercedes’ upcoming line of electric vehicles. Last month, Daimler green-lighted 4 new long-range electric vehicles, which will reportedly be two sedans

Li-Cycle itself announced that it has filed for bankruptcy protection under the Canadian Companies’ Creditors Arrangement Act (CCAA) with the Ontario Superior Court of Justice for itself and its North American subsidiaries. As part of these proceedings, Alvarez & Marsal Canada have been appointed as the ‘monitor’ of Li-Cycle Group.

  Scientists astounded by performance of sustainable batteries with far-reaching implications for electric vehicles and devices. Researchers at Bristol have developed high-performance sodium and potassium ion batteries using sustainably sourced cellulose. Scientists at the Bristol Composites Institute have developed a novel controllable unidirectional ice-templating strategy which can tailor the electrochemical performances of

Daimler Announces €500 Million Investment in New Battery Factory in Germany Introduction In a significant move towards electrification, Daimler AG has announced a remarkable €500 million investment in a state-of-the-art battery factory in Germany. This initiative not only underscores the company’s commitment to sustainable mobility but also aligns with the

  Last month, Porsche said that it wouldn’t be quite as profitable in the short-term due to a significant investment of €1 billion and the hiring of 1000 workers to start making all-electric cars, more especially, to make its upcoming Mission E. The German luxury automaker, which is part of the Volkswagon Group, has

  Norway’s only electric vehicle manufacturer Paxster has opened a new factory in Sarpsborg, which will significantly increase production capacity. The company has produced over 3,000 vehicles since it was founded in 2013 and is currently in negotiations with major European postal service providers. The new factory can produce 2,250

On April 25, 2025, China National Heavy Duty Truck Group Co., Ltd. (Sinotruk) and Toyota Motor Corporation signed a strategic cooperation agreement at Toyota's headquarters in Nagoya, Japan. This partnership aims to advance the development and deployment of hydrogen fuel cell technology in heavy-duty trucks, marking a significant step toward

Tesla has included a direct reference to the Model Y structural battery pack in an update to its Model Y owner’s manual. The document noted that new Model Ys equipped with structural batteries have lift points that differ slightly. In the manual note, Tesla encouraged owners to check the vehicle

Introduction In an increasingly electrified world, the demand for energy storage solutions is surging. As renewable energy sources gain traction, battery technologies play a critical role in ensuring a stable and reliable power supply. Consequently, the battery import-export sector is witnessing unprecedented growth, becoming a crucial player in the global

Update: Tesla has now reverted the website to the previous version listing again the 70D indicating that it was an error./ Over the weekend Tesla quietly removed the 70 kWh battery pack option from the Model X reservation page on its website. The move comes just after a Tesla OS

The agreement will see ABB acquire an initial controlling stake of 93 per cent in BrightLoop, with the company expecting to pick up the remaining 7 per cent in 2028. While ABB has not disclosed the financial details, BrightLoop’s management team is expected to remain onboard. The transaction should close

New research from Spain has sought to understand if dimethyl ether and ternary mixtures of carbon dioxide, dimethyl ether and butane could represent an alternative to propane in heat pump systems. Their analysis has shown dimethyl ether could be the best alternative to R290, as it offers the highest coefficient

Li-Cycle announced its first European battery recycling facility in Norway. The company formed a joint venture with ECO STOR, a second-life energy storage development business focused on converting used lithium-ion batteries into energy storage systems and Li-Cycle will be the majority owner of the joint venture. ECO STOR and Morrow

Tesla's New Base Model 3: A Game-Changer with a Sub-60 kWh Battery Pack In a strategic move that aims to make electric vehicles (EVs) more accessible, Tesla has officially confirmed that its base Model 3 will feature a battery pack option with less than 60 kWh capacity. This decision not

Model S Earlier this week, Tesla confirmed that it is introducing its new 75 kWh battery pack to the Model S, like it did for the Model X last month. Now Tesla confirmed that while the option is not available now, it will be by the end of the week, and