Artificial intelligence (AI) could help speed up the development of electric-car batteries, according to a recent report from The Wall Street Journal. There is certainly no shortage of areas where engineers seek to improve on current lithium-ion batteries. Increased range, lower cost, and quicker charging times could speed up EV adoption, and they... Report: AI will dramatically speed up battery development—and thus, EV adoption
Artificial intelligence (AI) could help speed up the development of electric-car batteries, according to a recent report from The Wall Street Journal. There is certainly no shortage of areas where engineers seek to improve on current lithium-ion batteries. Increased range, lower cost, and quicker charging times could speed up EV adoption, and they...
The South Korean supplier SK Innovation revealed Thursday that it’s developing cells that will only need two quick 10-minute charges to cover more than 500 miles of range when installed in an EV. SKI said that it expects to complete the development of the new cells by the first half of next year—or as soon as the end of the...
Battery maker LG Chem plans to triple production of cylindrical cells used primarily by Tesla, and is developing an improved version of that cell format, Reuters reported Wednesday. LG Chem, which also supplies cells to General Motors, Hyundai, Lucid Motors, and the Volkswagen Group, said it planned to increase production in response to rising...
Foxconn—the Taiwanese company best known for contract manufacturing of the Apple iPhone—announced Friday that it had developed an open platform for electric cars. The company also said it would commercialize solid-state battery technology by 2024. Dubbed MIH, the platform is billed by Foxconn as "the Android system of the EV industry,"...
Slovakia-based battery startup InoBat Auto announced Friday that it will introduce an electric-car battery with greater energy density than anything else currently on the market. The battery will allow for a 20% boost in range for "current best-in-class" electric vehicles by 2023, the startup said in a press release. InoBat plans to produce its...
Tesla has close ties to Panasonic, but the automaker might buy a stake in a spinoff of a rival battery firm, according to a new report. Tesla is looking to acquire a significant piece of LG Energy Solution, soon to be spun off from LG Chem, to procure a stable battery supply, The Korea Times reported Monday. A major automotive battery supplier, LG...
After years of discussion and millions of dollars invested by automakers, Mercedes-Benz will put solid-state batteries into a production vehicle. However, that vehicle is not a car, but a bus. Mercedes announced Friday that its eCitaro and articulated eCitaro G buses will be available with optional solid-state batteries, alongside traditional...
Korean firm SK Innovation estimates that a pair of factories on a common site in Commerce, Georgia, will build batteries for 300,000 electric cars annually once full capacity is reached. On Monday the company announced the first hires for the Georgia site, saying it planned to create 1,000 jobs by 2021 and over 2,600 jobs by 2024. The two stages...
Ahead of Tesla’s Battery Day event, to be held Tuesday, September 22, CEO Elon Musk Monday explained via Twitter that while it plans to increase battery cell purchases from Panasonic, LG, CATL, and perhaps other partners, it still anticipates battery shortages starting in 2022 “unless we also take action ourselves.” At the event...
General Motors is exploring the use of its Ultium modular battery system in electric air taxis, Reuters reported Tuesday. The report, based on information from two people familiar with the matter, follows GM CEO Mary Barra's brief reference to air taxis at a conference Monday. "The strength and flexibility of our Ultium battery system opens...
Hyundai and South Korean battery manufacturer SK Innovation are teaming up on EV battery leasing—or at least the need for it. The two companies hope to develop an "ecosystem" that includes reuse of battery packs for stationary energy storage, as well as recycling, Hyundai said in a press release Tuesday. This "battery as a service" model...
QuantumScape, the decade-old solid-state battery startup backed by Volkswagen, is going public. This will be accomplished through a reverse merger with Kensington Capital Acquisition Corp., with an enterprise value of approximately $3.3 billion, the startup said in a press release Thursday. Kensington is a special-purpose acquisition...
Several automakers are planning their own battery factories to support increased electric-car production, but Ford isn't one of them. The automaker sees "insufficient scale" for its own battery factory to make financial sense, and will continue sourcing batteries solely from suppliers, according to an Automotive News Europe report. The report...
Chinese automaker Nio plans to offer customers the option of leasing the battery packs in electric cars. Announced in a press release Thursday, this "battery as a service" model involves purchasing the car outright, but paying a monthly fee for use of the battery pack. Nio plans to charge the equivalent of about $140 a month (at current exchange...
The coronavirus pandemic will slow global EV sales growth, but electric cars will reach a significant affordability target earlier than expected, according to a new report from research firm Wood Mackenzie. "The projected price of battery packs keeps dropping," researchers said, anticipating that the price of battery packs will drop below $100 per...
As European automakers ramp up production of electric cars, a new company aims to supply them with batteries. French startup Verkor plans to open a battery factory in its home country in 2023, with an initial annual production capacity of 16 gigawatt-hours, before expanding to 50 gigawatt-hours at a later date, according to Automotive News Europe...
Chinese battery maker CATL is looking to boost the range of electric cars by packing batteries into vehicle frames, according to a Reuters report published Wednesday. Distributing battery cells throughout a car allows for more total cells, increasing energy-storage capacity and thus range. This will allow future electric cars to achieve a 500-mile...
In some electric cars, the hardware that keeps occupants cool does the same for the battery pack. The air-conditioning condensers for EVs are for more than just cabin comfort, in many cases, supplier Mahle noted in a recent press release. They help keep the battery cool during driving and are especially important during higher-power fast-charging...
Mercedes-Benz will source batteries from Chinese firm CATL for its upcoming EQS electric car. Scheduled to launch in certain markets next year, the electric luxury sedan is targeting a range of 435 miles, as measured on the European WLTP testing cycle. It's unlikely that will equate to more than 400 miles on the tougher U.S. EPA testing cycles...
Panasonic plans to give battery cells for Tesla electric cars a 20% boost in energy density in five years, Reuters reported Thursday. That timeframe could potentially line both the Tesla Model 3 and Model Y for a boost in range, performance, or both at that time. Tesla could at that time choose to make packs smaller and lighter with the same...