Author: Shaun Williams

Caterpillar has introduced a groundbreaking charging system for mining trucks, known as Cat Dynamic Energy Transfer (DET), designed to charge vehicles while they are in operation. This innovative system features a mobile arm mounted on the trucks that makes contact with a power transmission rail installed in the mine as the vehicle passes by, allowing for efficient energy transfer. The Cat DET system is engineered for the intermediate charging of both battery-only and hybrid mining vehicles. It comprises a power module that converts energy from a mining site’s power source, a dynamic rail system for charging, and transfer arms attached…

IVECO BUS, the urban, intercity, and tourist bus brand under the Iveco Group, has secured three new contracts in France focusing on electric mobility solutions. This recent wave of orders includes 31 hydrogen fuel cell buses and 20 battery electric buses, reflecting a strong commitment to sustainable public transportation. The Cannes Lérins Urban Community has ordered 12 GX 337 H2 LINIUM BRT hydrogen fuel cell buses, with deliveries scheduled to begin in the second half of 2025. This addition will enhance their existing fleet of 35 IVECO BUS GX ELEC battery electric buses. In another notable development, Lorient Agglomération has…

Hyundai Motor India Limited has received approval from the Securities and Exchange Board of India (SEBI) for its initial public offering (IPO). The South Korean automaker submitted its Draft Red Herring Prospectus (DRHP) in June 2024. According to a report by Fortune India, the official red herring prospectus will be filed this week, with the IPO expected to debut on Dalal Street before Diwali, specifically on Friday, November 1, 2024. This IPO is anticipated to be the largest in India to date, with estimates suggesting it could raise around $3 billion. The market is buzzing with excitement as Hyundai solidifies…

Revel has officially opened its first fast-charging electric vehicle (EV) station in Manhattan, located at Pier 36 on the Lower East Side. This facility marks the first fully public, 24/7 charging station in the borough, addressing the ongoing challenge of limited charging infrastructure for EV users in the area. Developed in partnership with New York City’s Economic Development Corporation (NYCEDC), the station features ten 320 kW chargers manufactured by Kempower. With space constraints in Manhattan complicating EV ownership, access to public chargers has remained a significant hurdle for both individual drivers and rideshare services. “Hundreds of thousands of rideshare and…

IM Motors, the electric vehicle (EV) division of SAIC Motor Corp, has unveiled the updated version of its LS6 electric SUV, designed to compete directly with Tesla’s Model Y. The company introduced the updated model at a launch event, showcasing significant enhancements and offering five variants with prices starting at RMB 239,900 ($34,220). The pricing represents a slight increase from the previous starting price of RMB 229,900 during the pre-sale period, which began on August 30. IM Motors is also offering a limited-time discount for customers who place an order before October 8, allowing them to reduce the final payment…

SAIC-GM, in partnership with Contemporary Amperex Technology Co. Ltd. (CATL), has introduced an electric vehicle battery that is touted as the fastest-charging in the market. The new lithium iron phosphate (LFP) battery, which boasts a 6C charging rate, is set to be integrated into General Motors’ advanced Ultium platform featuring 900-volt technology starting next year. The battery’s 6C rate signifies that it can charge six times faster than standard 1C batteries, allowing an 80 kWh battery to be charged at up to 480 kW, significantly reducing charging time. For context, current electric vehicles like the Li Mega from Li Auto…

Electric vehicle (EV) manufacturer Rivian has announced the initial recipients of grants from its Rivian Foundation, following plans first detailed in 2021. The company launched a dedicated website on Monday to highlight the foundation’s mission to support sustainability and conservation initiatives. In its first round of funding, the Rivian Foundation will distribute over $10 million across 41 projects, primarily based in the U.S. The grants, which vary in size, range from $2 million to smaller amounts between $40,000 and $60,000. Projects receiving funding span different geographical scopes, including efforts focused on specific U.S. states, national projects, and even global initiatives.…

Rivian’s future lineup appears to be generating considerable excitement, positioning itself as a strong competitor against Tesla. The company is set to release the boxy R2 model, priced at approximately $45,000, in 2026, followed closely by the R3 lineup, which is expected to start at around $35,000. Recently, Rivian showcased prototypes of the R3 at automotive expos, allowing select attendees to preview the upcoming mass-market model. According to CEO RJ Scaringe, the off-road variant, R3X, will also be available at a price point of about $45,000, making these vehicles attractive options for consumers. https://www.youtube.com/watch?v=cr0VIofHIIg At the Everything Electric Canada 2024…

Ree Automotive, the Israeli electric vehicle platform provider, has gained the Indian automotive supplier Motherson Group as a strategic investor. Motherson will invest $15 million as part of a larger $45 million financing round that includes contributions from M&G Investment and Varana Capital. This partnership not only provides Ree with fresh capital but also manufacturing and supply chain expertise from one of the largest automotive suppliers in the world. Motherson, with an annual turnover of $17.2 billion, will oversee supply chain management and use its manufacturing capabilities to support the production of Ree’s P7 electric vans in the United States.…

Stellantis, the parent company of Chrysler, announced plans to invest more than $406 million across three facilities in Michigan to support the development of a new platform for electric and hybrid vehicles. The investment aims to bolster the company’s efforts to meet its electric vehicle (EV) targets in both Europe and the U.S. The Sterling Heights Assembly Plant will be transformed into Stellantis’ first U.S. facility dedicated to producing fully electric vehicles (EVs). Additionally, the company will retool the Warren Truck Assembly Plant to manufacture an electrified version of the Jeep Wagoneer. The Dundee Engine Plant will also see increased…

SANY eTrucks, a Chinese manufacturer specializing in electric heavy goods vehicles and construction machinery, is expanding its presence in Europe with the introduction of a new electric roll-off tipper. The vehicle is equipped with a Hyva hook system and powered by batteries from CATL, highlighting the company’s continued push into the European market. The new electric tipper, built on a 4-axle chassis, is designed to handle a variety of loads and containers, making it suitable for heavy-duty use in the construction industry. SANY emphasizes the vehicle’s durability and reliability, describing it as a “cost-effective choice for companies.” In a statement,…

Be.EV and Paua have announced a strategic partnership in the UK, integrating all 700 of Be.EV’s charging stations into the Paua network. This collaboration aims to enhance accessibility and convenience for electric vehicle (EV) users across the country. Paua, according to its website, currently provides access to over 53,000 charge points from more than 35 charge point operators (CPOs) throughout the UK. The new partnership with Be.EV will increase this number to nearly 54,000. Be.EV also plans to install an additional 300 charge points by the end of this year. “We are very pleased to be working with Paua –…