EV Related Business Sales and Trends
Volterra partners with power sports dealers across U.S.

Volterra has signed multiple authorized dealer appointment letters intending to enter into a formal dealer agreement with key power sports dealers across the U.S. Big #1 Motorsports in Birmingham, AL, Yamaha Sports Plaza in Fairview, OR and Express Powersports in Bourbonnais, IL are among the dealerships chosen for the planned distribution and sale of its

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Vale, GM sign long-term nickel supply agreement

Vale Canada Limited, a subsidiary of Vale S.A., and General Motors Co. have signed an agreement for the long-term supply of battery-grade nickel sulfate from Vale’s proposed plant at Bécancour, Québec, Canada. This agreement secures for GM a supply of nickel sulfate from a U.S. free-trade partner to support its growing EV production needs in

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GM partnership to develop EV battery separator technology

General Motors and battery manufacturer Microvast will work together to develop specialized EV battery separator technology and build a new separator plant in the U.S. GM plans to fund the project with a $200 million grant from the U.S. Department of Energy‘s Battery Materials Processing and Battery Manufacturing initiative. Separators are safety-critical EV battery components

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Volvo Trucks introduces new electromobility TCO

Volvo Trucks North America has introduced a new electromobility total cost of ownership (TCO) tool that it says will support customers in making decisions about the business impact of purchasing and operating zero-tailpipe emission battery-electric trucks. The company says the tool can help customers implement solutions that achieve economic and environmental, social, and governance (ESG)

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Nikola acquires Romeo Power

Nikola has acquired Romeo Power. “We are pleased to complete the acquisition of Romeo and look forward to executing on the opportunities ahead,” said Michael Lohscheller, Nikola’s president. “The acquisition of Romeo will enhance Nikola’s capabilities, allowing us to vertically integrate in an effort to accelerate product development and improve performance for our customers. Today’s

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Volta Trucks reveals London customer operations center

Volta Trucks has confirmed the details of its first ‘Volta Trucks Hub’ in the UK, serving the battery-electric Volta Zero vehicles that will operate on the streets of London from early 2023. The Hub is the second service and maintenance facility announced by Volta Trucks, after Bonneuil-Sur-Marne in Paris, with further centers in other European

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MEMA announces plan to position organization for the future

MEMA has announced a new business structure to better position the organization and the vehicle supplier community for the future. The 118-year-old organization will now operate under one umbrella — MEMA — and represent automotive and commercial vehicle suppliers with two groups: MEMA Aftermarket Suppliers Group and MEMA Original Equipment Suppliers Group. Over recent decades,

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EV battery design impacts choice of fire protection materials

IDTechEx has released a new report that analyses trends in battery design, safety regulations, and their impact on fire protection materials to create a market forecast of the next 10 years. The materials covered include ceramic blankets/sheets, mica, aerogels, coatings, encapsulants, encapsulating foams, compression pads, phase change materials, and several other materials. Variety in battery

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Sono and Bosch partner on solar-powered Sion repairs in Europe

Sono Motors and Bosch have agreed to cooperate on a joint Europe-wide network of car repair shops. Bosch says owners of the Sion solar electric vehicle will be able to use all services offered by participating car repair shops, including repair, servicing, maintenance, and warranty services. The companies say 50 qualified service centers will be

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GM developing increased energy density Ultium battery

General Motors and OneD Battery Sciences execute a joint research development agreement focused on using OneD’s silicon nanotechnology in GM’s Ultium battery cells to drive significant increases in energy density for a longer range and reduced cost. GM Ventures and Volta Energy Technologies also participated in OneD’s Series C funding round, which the company recently

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Talon Metals, Fleet Space to use new mineral finding technology

Talon Metals and Fleet Space have agreed to pilot Fleet Space’s ExoSphere rapid mineral exploration solution at Talon’s exploration projects in Minnesota and Michigan. Talon is exploring for high-grade nickel deposits in the United States to supply the domestic battery supply chain with nickel and other battery materials required in the energy transition. “Increased accuracy

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Jaguar Land Rover to launch electrification training initiative

Jaguar Land Rover will launch a global “upskilling drive” to train 29,000 people for its connected and data capabilities in the next three years and support the rapid transition to electrification. The company says its Future Skills Programme will see more than 10,000 employees in the U.K. and nearly 19,000 across the rest of the

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