The program allows fleet operators to source electric vehicle batteries through a five-year "lease-to-own" program.
Samsung says it has built a battery that has a 500-mile range and can be recharged over 1,000 times. The technology is not planned for market anytime soon.
Webasto has a new modular battery system for commercial and automotive electric vehicle applications as well as thermal management and charging solutions.
Volvo Cars is one of nine European companies and institutes working to develop a composite blend of carbon fibers and polymer resin that can store and charge more energy faster than conventional batteries can.
WARREN, MI - Engineers of the four-seat Chevrolet Volt electric car often refer to its 435-pound battery pack as the fifth passenger. Given the care taken to keep the pack at just the right temperature in all weather conditions, there is a lot of truth to that.
DETROIT - General Motors Ventures LLC has invested $7 million in Newark, Calif.-based Envia Systems to provide GM's battery engineering team with access to advanced lithium-ion cathode technology that delivers higher cell energy density and lower cost. In a separate agreement, GM has secured the right to use Envia's advanced cathode material for future GM electrically driven vehicles.
SMYRNA, TN - Construction is progressing on Nissan's manufacturing facility in Smyrna, Tenn., which will produce lithium-ion batteries to power the all-electric Nissan Leaf vehicle. The Leaf will be produced at the facility beginning in late 2012.
SANTA MONICA, CA - Coda Holdings, a California-based developer of advanced lithium-ion power battery systems and all-electric vehicles, has named Philip Murtaugh the company's new CEO. Murtaugh was also appointed a member of Coda's board of directors.
DETROIT - Advanced battery manufacturer Dow Kokam, which recently reached a deal to supply battery packs for a PVI electric refuse truck, is among the exhibiters at the 2011 North American International Auto Show (NAIAS).
SANTA MONICA, CA - CODA Holdings, a developer of lithium-ion advanced battery systems and all-electric vehicles, announced the initial closing of a Series D preferred investment round totaling $76 million. This brings the company's total invested capital to more than $200 million.