Umicore buys a stake in solid-state battery developer Solid Power


Umicore has announced that it holds a stake in solid-state battery specialist Solid Power, following Solid Power’s announcement of its intent to become a publicly listed company. Umicore built its stake through earlier Series A and B investment rounds.  Solid Power also counts Ford, BMW, Hyundai and Samsung among its investors The company claims that… Read more »

XL Fleet partners with eNow on electric transport refrigeration units


XL Fleet has formed a development agreement with eNow, a provider of solar and battery power systems for electric transport refrigeration units (eTRUs). XL Fleet has also invested $3 million in eNow’s convertible notes, and has the right to acquire the company at a predetermined valuation. XL Fleet will supply battery and power electronics systems… Read more »

Biden campaigns for 40% of US automaker sales to be electric

President Joe Biden is campaigning for United States automakers to commit to a sales goal that would see 40% of its delivered units be electric by 2030. The request from Biden is still in the negotiation phase, according to a UAW representative, who stated no agreement had been reached yet. The White House has emphasized […]

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Nikola founder charged, CATL’s sodium-ion cells, Outlander Plug-In Hybrid: Today’s Car News

Mitsubishi teases the next-generation Outlander Plug-In Hybrid. CATL shows some of the future with its sodium-ion cells. And we round up all that’s alleged of Nikola founder Trevor Milton, who’s out on $100 million bail. This and more, here…