CPS Energy, Hyundai, OCI Solar sign MOU to test storage pilot with recycled EV batteries
CPS Energy, Hyundai, OCI Solar sign MOU to test storage pilot with recycled EV batteries – Renewable Energy World No posts to display
Automakers have battery anxiety, so they’re taking control of the supply
‘The batteries don’t show up, you’re bankrupt, you’re dead’ Rebecca Bellan 21 hours Battery joint ventures have become the hot must-have deal for automakers that have set ambitious targets to deliver millions of electric vehicles in the next few years. It’s no longer just about securing a supply of cells. The string of partnerships and…
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Hyundai completes deal for controlling interest in Boston Dynamics
Hyundai this morning announced that it has completed its acquisition of Boston Dynamics. The deal, which values the innovative robotics company at $1.1 billion, was announced in late-2020. The companies have not disclosed any future financial details. The South Korean automotive giant now owns a controlling interest in Boston Dynamics, previously belonging to SoftBank. The…
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The Station: Rivian rolls towards an IPO and Quantumscape makes a big battery hire
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello and welcome back to The Station, a weekly newsletter dedicated to all the ways people and packages move (today and in the future) from Point A to…
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Hyundai invests in teleoperations startup Ottopia as part of $9M round
After spending much of his career in mission-critical environments, including the Israeli Air Force, Israeli Intelligence and leading development of a cybersecurity product at Microsoft, Amit Rosenzweig turned his attention to autonomous vehicles. It was a technology that he soon recognized would need what every other mission-critical system requires: humans. “I understood that there are…
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General Motors leads $139 million investment into lithium-metal battery developer, SES
General Motors is joining the list of big automakers picking their horses in the race to develop better batteries for electric vehicles with its lead of a $139 million investment into the lithium-metal battery developer, SES. Volkswagen has QuantumScape; Ford has invested in SolidPower (along with Hyundai and BMW); and now with SES’ big backing…
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