EV Related Business Sales and Trends
General Motors to invest in EV drive unit production in Toledo

General Motors is set to invest $760 million at its Toledo, Ohio propulsion manufacturing operations to prepare the facility for the production of drive units that will be used in future Ultium-battery electric trucks, including the Silverado, Sierra and Hummer EVs. Toledo Propulsion Systems will be GM’s first U.S. powertrain or propulsion-related manufacturing facility transformed

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Volta Trucks finds new chief commercial officer

Volta Trucks has appointed Adam Chassin as its chief commercial officer. Chassin is the former head of business for Uber in Europe, where he had responsibility for driving Uber’s growth through partnerships across Europe. Chassin is also the former head of strategic business development for Amazon, where he worked across the entire portfolio of Amazon’s

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Snow Lake Lithium, LG Energy partner on N.A. lithium supply chain

Snow Lake Resources Ltd. (d.b.a. Snow Lake Lithium) has signed a non-binding MOU with LG Energy Solution to explore the opportunity to create one of Canada’s first lithium hydroxide processing plants in CentrePort, Winnipeg, Manitoba. Under the terms of the MOU, Snow Lake Lithium will supply LGES with lithium over a 10-year period once production

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Bosch reveals new electrification, fuel cell solutions

At the 2022 North American International Auto Show (aka Detroit Auto Show), Bosch presented a number of solutions to support customers in electrification. A key part of the Bosch electrification portfolio is the eAxle. The eAxle city is a compact, light, and efficient drive solution where the electric motor, inverter and transmission are combined in one system

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Sensata launches new battery management system for electric buses, trucks

Sensata Technologies has debuted a new battery management system (BMS), the Lithium Balance n3-BMS, for high-voltage applications. The company says the Lithium Balance n3-BMS is ideal for applications with power up to 1000 volts/2000 amps, especially for battery makers and manufacturers of electric trucks, buses, and other heavy commercial vehicles. Sensata says the demand for

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Frost & Sullivan report EV market outlook for 2022

According to the “Global Electric Vehicles Outlook, 2022” report produced by Frost & Sullivan, of 6.7 million EV units sold in 2021, 70.7% were BEVs, and 29.1% were PHEVs. Global EV penetration increased from 4.4% in 2020 to 8.8% in 2021. The Asia-Pacific region recorded a 151.7% year-over-year growth. Tesla retained the leadership with sales

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Autonomy EV subscriptions available on J.D. Power website

Autonomy is now offering access to its services on JDPower.com. Now, consumers shopping for a vehicle on JDPower.com will be able to learn more about EV subscriptions by clicking on an Autonomy ad on the website. The Autonomy service is currently available in California and is gearing up for expansion to other regions of the

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Mahle premiers its SCT electric motor

Mahle recently presented its SCT (Superior Continuous Torque) electric motor at IAA Transportation 2022. This new motor solves a dilemma common to many electric motors: the great discrepancy between continuous and peak power. While previous electric motors can produce their peak power only for a short time and then drop to about 60-70%, the company

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Amply Power rebrands as BP Pulse

Amply Power is becoming part of BP‘s global electrification brand, BP Pulse. BP acquired the fleet EV charging and energy management provider in December 2021. The companies say the decision to roll out the BP Pulse brand follows the brand’s launch in the United Kingdom in 2020. In Germany, BP’s charging solutions business operates as

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Nikola announces Michael Lohscheller will become CEO

Nikola Corporation announced that Chief Executive Officer and President of Nikola Corporation Mark Russell will retire, effective January 1, 2023, and has named current Nikola Motor President Michael Lohscheller as his successor. Lohscheller will assume Russell’s president title, join the Nikola Board of Directors immediately, and become CEO upon Russell’s retirement. Russell will remain a member of the board. Lohscheller

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Snow Lake Lithium mine expected to power 5M EVs

Snow Lake Resources Ltd. (d/b/a Snow Lake Lithium Ltd.) says it expects to produce enough lithium from its new mine to power around 5 million electric vehicles over 10 years for the North American market. Based in Manitoba, Canada, Snow Lake Lithium is developing the world’s first all-electric lithium mine to enable domestic supply of

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Cummins unveils new zero-emissions power solutions

Cummins Inc. recently showcased a range of new technologies and the recently acquired Meritor ePowertrain technologies, which are available publicly, together, for the first time. One of these zero-emissions products is the company’s fourth-generation hydrogen fuel cell engine. Designed to meet the duty-cycle, performance and packaging requirements of medium- and heavy-duty trucks and buses, the

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