Business, Technology, Fuel

Batteries for Electric Cars Speed Toward Tipping Point

Electric vehicle charging station by Bloomberg News An electric vehicle charging station. (Chris Ratcliffe/Bloomberg News)

According to a survey conducted by BloombergNEF, electric vehicle makers soon will be producing models that are as affordable — and as profitable — as comparable combustion-engine models.

Ira Boudway | Bloomberg News
December 16, 2020
Business, Technology, Equipment, Fuel, TCA

Bollinger Motors to Build Battery Packs for Its Electric Trucks

The Bollinger battery pack Bollinger Motors has filed a patent for a streamlined battery pack. (PR Newswire)

Oak Park, Mich.-based electric-vehicle startup Bollinger Motors on Oct. 15 said it will produce its own battery packs for its vehicles according to a new design it developed and for which it has submitted a patent.

Breana Noble | The Detroit News
October 15, 2020
Business, Technology, Equipment, Fuel, Autonomous

Elon Musk Says Tesla Plans $25,000 Autonomous EV in 3 Years

Tesla CEO Elon Musk on stage at September 2020 shareholders meeting Tesla CEO Elon Musk speaks from the stage during an outdoors shareholders meeting Sept. 22, 2020. (Tesla via YouTube)

Tesla Inc. plans to manufacture a car that will cost $25,000 in about three years’ time, fulfilling an elusive long-term objective to sell a cheap mass-market electric vehicle, Chief Executive Officer Elon Musk said Sept. 22.

Dana Hull and Akshat Rathi | Bloomberg News
September 22, 2020
Business, Technology, Equipment, Autonomous

Tesla Plans Battery Facility in California After Threat to Move

The Tesla assembly plant stands in Fremont, Calif. The Tesla assembly plant stands in Fremont, Calif. (Sam Hall/Bloomberg News)

Tesla Inc. is planning to expand a battery-research facility in the San Francisco Bay Area.

Joe Ryan | Bloomberg News
June 25, 2020
Business, Technology, Equipment

Midtronics Announces HD Battery Diagnostic Service

Testing voltage of truck battery Getty Images

Midtronics Inc. announced its DSS-5000 HD Battery Diagnostic Service System is available for commercial truck and fleet applications.

February 28, 2020
Government, Business, Technology, Fuel

Germany, France Team Up on Battery Plant to Rival Tesla, China

Peter Altmaier, Germany's economy and energy minister, gestures while speaking at the Handelsblatt Energy Summit in Germany on Jan. 21. Peter Altmaier, Germany's economy and energy minister, gestures while speaking at the Handelsblatt Energy Summit in Germany on Jan. 21. (Krisztian Bocsi/Bloomberg News)

Germany and France set out a blueprint for a giant battery factory, advancing Europe’s bid to rival the capacity of Tesla Inc. China to supply the key part for electric vehicles.

Brian Parkin | Bloomberg News
February 7, 2020
Business, Technology, Equipment, Fuel

Webasto Announces Modular Battery, Other Technologies

Webasto Group announced a new modular battery system as well as thermal management and charging technologies for the North American commercial vehicle and automotive e-mobility markets.

November 22, 2019
Business, Technology, Fuel

Battery Giants Hit by Slump in China’s Electric Vehicle Market

BYD Qilai Shen/Bloomberg News

CATL and BYD Co. saw sharp declines in sales of electrified-vehicle batteries in September as demand weakened in China, where the government is cutting subsidies in the EV sector.

Kyunghee Park | Bloomberg News
November 22, 2019
Business, Technology, Equipment, Fuel

China Battery Giant Shrugs Off Headwinds With $1.4 Billion Plan

China Battery Giant Getty Images

China’s top maker of electric-vehicle batteries plans to spend $1.4 billion (10 billion yuan) building its first factory in the southwest of the country, adding to ambitious plans for the next decade even as the short-term EV outlook gets buffeted by subsidy cuts and demand uncertainties.

September 26, 2019
Government, Business, Technology, TCA

Bill Aims to Boost Electric-Car Battery Mineral Production

Batteries Batteries, like this Samsung one, are used to power electric vehicles. (SeongJoon Cho/Bloomberg News)

A group of U.S. senators is introducing legislation to boost domestic production of “critical minerals” that are often imported from China to make electric car batteries.

Keith Laing | The Detroit News
May 6, 2019