EV Related Business Sales and Trends
ABB acquires EV charging payment solution startup

Vourity’s cloud-based payment solution can be operated through a pay station or directly integrated into the charging station.

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Hyundai breaks ground on new EV production plant in South Korea

The new EV-dedicated plant will be the hub for Hyundai’s EV mobility production.

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Mullen consolidates EV battery production to new California facility

The facility will take on existing battery testing and production equipment from Monrovia.

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EVCS, Lyft collaborate on discounts for EV ride-share drivers

The program offers discounted charging on EVCS stations for Lyft’s EV drivers across California, Oregon and Washington.

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Kohler Energy introduces hydrogen-powered engine

Kohler Energy introduced its first hydrogen fuel cell system, expanding its clean energy portfolio beyond diesel.

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Diamond Foundry develops EV inverter using diamond wafers

The company says the power electronics unit is six times smaller than that of a Tesla 3.

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GM invests in Niron Magnetics for EV motor magnets

GM will co-develop sustainable magnets with Niron Magnetics using iron nitride for potential use in future GM EV motors.

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Daimler Truck North America partners with Hexagon Purus

Hexagon Purus’ zero-emission technology will be integrated into a battery electric vocational Freightliner eM2.

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Loblaw adopts Volvo VNR electric trucks for grocery transport

The largest food/pharmacy retailer in Canada has selected Volvo’s VNR Electric for grocery delivery in Montreal.

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Is deep-sea mining really needed for EV batteries?

The Blue Climate Initiative said next-gen batteries, now a third of the global EV market, reduce reliance on seabed metals.

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asTech expands remote OEM solutions to include Tesla

asTech’s diagnostic devices now offer over 99% coverage for authentic remote OEM scans on Tesla vehicles.

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Cummins hydrogen-ICE engines to power concrete mixer trucks

The project aims to develop a full hydrogen eco-system together with a hydrogen producer, vehicle manufacturer and end user.

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