Author: Robin Cannon

China’s Sany brand has made a significant move in the heavy truck sector with the debut of its all-electric, four-axle “E-mixer” cement mixer, now entering the global market. Earlier this month, Singapore’s Pan-United Corp. introduced the nation’s first electric-powered concrete mixer truck, marking a key milestone in its goal to become a carbon-neutral ready-mix concrete company by 2050. The E-mixer’s launch also aligns with Sany’s ambition to expand its presence in the global heavy truck industry. Pan-United’s official filing indicates that using the battery-powered mixer truck will cut the carbon footprint of transporting ready-mix concrete by 45% compared to traditional…

South Korean electric vehicle (EV) battery maker SK On is in discussions with automakers to supply prismatic batteries, branching out from its current production of pouch-type batteries, a senior executive said on Monday. This move comes as the company seeks to navigate a challenging market with slowing global EV demand. SK On, a unit of energy group SK Innovation, supplies EV batteries to Ford Motor, Hyundai Motor, and Volkswagen, among others. Chief spokesperson Ko Chang-Kook stated, “We are having talks with automakers who will take our prismatic batteries… we will now have the opportunity to diversify our product portfolios sooner…

Henrik Fisker and his wife Geeta Gupta-Fisker, has taken drastic measures amidst its Chapter 11 bankruptcy filing earlier this summer, including a significant salary sacrifice by its co-founders. In a court filing on Tuesday, Fisker’s Chief Restructuring Officer John C. Didonato disclosed that both Henrik Fisker and Geeta Gupta-Fisker would reduce their annual salaries to just $1 each, a move aimed at preserving cash as the company navigates financial restructuring efforts. The decision, effective from July 8, underscores the Fiskers’ commitment to maintaining operations despite severe financial challenges. Previously, the couple received annual salaries of $62,400 in 2022, supplemented by…

Tesla marked a significant milestone in Norway with the unveiling of its 2,000th Supercharger stall, adorned with a distinctive wrap featuring the Norwegian flag. The electric vehicle (EV) giant showcased the achievement through photos shared on its charging account on X, underscoring its commitment to expanding infrastructure in the world’s leading EV market. Located near Vøringsfossen, Norway’s renowned waterfall, the site also represents Tesla’s 15th Supercharger stall in the vicinity, according to the company’s social media post. https://twitter.com/TeslaCharging/status/1810405208385794095 This celebration echoes Tesla’s past recognitions, including a similar tribute for Denmark’s 500th Supercharger stall adorned with the Danish flag earlier this…

Swiss bus manufacturer Hess has secured an order for 51 electric buses from Transports publics de la région lausannoise, the public transport company of Lausanne. The order includes 37 lighTram 19 DC battery trolleybuses and 14 lighTram 25 DC trolleybuses, with deliveries slated to commence in 2026. In a brief press release, Hess confirmed the order without disclosing specific configuration details or the financial volume. The manufacturer highlighted the significance of this order, underscoring the transport company’s confidence in Hess’s products. Lausanne currently operates 100 Hess trolleybuses, including twelve lighTram 25 DC models serving routes between Lutry and Prilly. The…

Tesla’s efforts to integrate dry-coating technology from its acquisition of Maxwell Technologies in 2019 for producing its 4680 battery cells in Austin, Texas, have encountered significant hurdles, sources familiar with the matter revealed. Dry coating, heralded for its potential to reduce energy consumption, equipment costs, and production space, contrasts sharply with conventional wet-coating methods that involve solvent-heavy processes requiring extensive drying ovens. Volkswagen’s PowerCo has described dry coating as a “game changer,” offering potential energy savings of 30% and space reductions of 50%. See also: LG Energy Solution Shifts Focus to 46-Series Battery Production Amid Global Demand Surge Tesla initially touted…

Ineos Automotive has decided to postpone the debut of its electric off-road vehicle, the Fusilier, citing consumer hesitancy towards electric vehicles (EVs) and regulatory uncertainties, the company informed British Autocar on Tuesday. Originally slated as Ineos’ first electric vehicle following two combustion models, the Fusilier was unveiled in late February with plans to offer both fully electric and petrol range-extender options. However, the carmaker has now halted its launch plans indefinitely, pointing to evolving challenges in the EV market landscape. See also: Ineos Considers U.S. Production for Grenadier Pickup, Expands SUV Lineup “While EV charging infrastructure is expanding and consumer confidence…

Volkswagen’s charging brand Elli has unveiled a new charging rate, ‘Elli Drive Plus,’ designed to enhance EV travel convenience throughout Europe, particularly during the holiday season. The plan offers discounts at Ionity stations, emphasizing sustainable and convenient long-distance journeys. The introduction of ‘Elli Drive Plus’ marks a shift from the previous ‘Elli Drive City’ plan, which has now been discontinued. According to an Elli spokesperson, the new tariff is not intended as a direct replacement but aims to enhance the transition from the ‘Drive Free’ to the ‘Drive Highway’ plans. Under the updated conditions, effective from July 1st, the ‘Elli…

Xiaomi EV, the electric vehicle division of Xiaomi (HKG: 1810, OTCMKTS: XIACY), announced today via Weibo that it has surpassed its monthly delivery target by delivering more than 10,000 units of its SU7 model in June 2024. The company did not disclose the exact figure but confirmed that deliveries in July are also expected to exceed 10,000 units. The Hong Kong-listed tech giant is slated to release detailed delivery figures for the SU7 model in an upcoming exchange announcement. Xiaomi EV launched its first electric vehicle, the SU7, on March 28, offering three variants: standard, Pro, and Max, with prices…

Li Auto has reached a significant milestone by opening its 500th supercharging station, showing notable progress from the recent launch of its 400th station just 43 days earlier. However, the company is confronted with the substantial task of meeting its ambitious goal of installing over 2000 supercharging stations by the end of 2024. Achieving this target would necessitate installing an average of 250 supercharging stations monthly during the latter half of the year, a rate far surpassing current levels. A recent partnership with CNPC, China’s largest petroleum company, to deploy charging facilities at its service stations nationwide could potentially aid…

Panasonic Energy is harnessing insights gained from its collaboration with Tesla at Giga Nevada to bolster its upcoming battery manufacturing facility in De Soto, Kansas, slated to become the largest of its kind globally. “We’re very excited by the backup that we have in terms of experience, in terms of the technological advancement that Panasonic brings,” remarked Innocent Chikunya, Vice President of Operations. See also: Panasonic Energy Unit Misses Profit Target, Cites Lower EV Battery Production Since 2017, Tesla and Panasonic have jointly produced battery cells for electric vehicles at Giga Nevada, also known as Gigafactory 1. Panasonic intends to leverage…

Rivian’s 2024 Investor Day showcased significant updates and pre-announcements, highlighting the electric vehicle manufacturer’s robust performance and ambitious goals. According to Rivian’s presentation, the company anticipates delivering between 13,000 and 13,300 vehicles in Q2 2024, surpassing earlier expectations. Wall Street analyst Gary Black, renowned for his insights into EV stocks like TSLA, had projected Q2 deliveries around 10,200 units, indicating Rivian’s outperformance. See also: Rivian Unveils Future Plans with New Vehicle Models Amid VW Partnership In terms of production, Rivian disclosed a slightly lower-than-expected output of 9,100 to 9,300 vehicles for the same quarter, compared to forecasts of approximately 10,300 units.…