In late summer, car collectors converged in Monterey, Detroit and, most recently, Oxford, England, in an annual tradition focused on ogling over — and oftentimes bidding for — luxury and historic vehicles. The outdoor luxury automotive events ruled in 2021 after a universal pause the year before due to the COVID-19 pandemic. The events, which […]
Solid Power expands production capacity to deliver test batteries to BMW, Ford in 2022
Solid Power, a battery developer backed by Ford and BMW, is expanding its Colorado-based factory footprint as it prepares pilot production of its solid state batteries early next year. The new production facility will be dedicated to manufacturing one of the company’s flagship products, a sulfide-based solid electrolyte material, by up to 25 times its […]
Wright tests its 2-megawatt electric engines for passenger planes
Just like the automotive industry, aerospace has its sights set on going electric — but flying with battery-powered engines is a tougher proposition than rolling. Wright is among the startups looking to change the math and make electrified flight possible at scales beyond small aircraft — and its 2-megawatt engine could power the first generation […]
Toyota To Spend $13.5 Billion To Develop EV Battery Tech and Supply By 2030
Toyota said on Tuesday it expects to spend more than $13.5 billion by 2030 to develop batteries and its battery supply system — a bid to lead in the key automotive technology over the next decade. From a report: The world’s largest automaker by volume…
Hyundai Motor Group unveils its hydrogen strategy, plans to offer fuel cell versions of commercial cars by 2028
Hyundai Motor Group is backing hydrogen as a top energy solution for sustainability. With its new fuel cell system that it plans to launch in the next few years, the South Korean automaker said it will provide hydrogen fuel cell versions for all its commercial vehicles by 2028. Hyundai announced its strategy for the future […]
BP Ventures invests $11.9M in in-car payments provider Ryd to support expansion
BP Ventures, the investing arm of oil and gas giant BP, has announced a €10 million (~$11.9 million) investment in Ryd, a German in-car digital payments provider. The fresh funds will help Ryd expand its service into international markets and build out its offering, according to a statement. Ryd’s service allows users to lump together […]
Led by Tesla, EVs Drive Chip Industry’s Shift Beyond Silicon
Abundant, easily processed silicon has been the material of choice for decades in the semiconductor industry, but electric vehicles are helping chip away at its dominance in the pursuit of energy efficiency. From a report: Tesla has been a catalyst for…
The Station: Lyft, Uber take action in Texas, Van Moof charges up with capital, an eVTOL SPAC deal gets knocked
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 readers: Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. Before […]
Mercedes-Benz throws down the EV gauntlet at IAA Mobility
Mercedes-Benz introduced a slew of electric vehicles ahead of the IAA Mobility show in Germany, including its first AMG-branded high-performance EV, a sedan and a G-Class SUV concept — all part of the company’s bid to become an electric-only automaker by the end of the decade. Mercedes has already started producing the all-electric EQS, a […]
Volkswagen and Argo AI reveal first ID Buzz test vehicle for autonomous driving
Volkswagen Commercial Vehicles, a standalone VW brand responsible for the development and sales of light commercial vehicles, and Argo AI, an autonomous driving technology company, unveiled the first version of the ID Buzz AD (Autonomous Driving) on Sunday. The two companies shared plans to test and commercially scale the jointly developed, fully-electric self-driving van over […]