Goodyear‘s venture capital arm, Goodyear Ventures, has added AmpUp to its investment portfolio. AmpUp supports the EV driving community through its advanced charging network and software solutions. With operations across North America, AmpUp says it aims to make charging accessible and seamless for every EV driver.
Goodyear Ventures says it is focusing on partnering and investing in seed-to-growth-stage startups in emerging mobility technology, including EV mobility and infrastructure.
SSE’s electrification capabilities in China are expected to complement BorgWarner in Europe and North America.
BorgWarner has agreed to acquire the electric vehicle solution, smart grid and smart energy businesses of Hubei Surpass Sun Electric (SSE). The transaction has an enterprise value of up to RMB 410 million (approx. $59.36 million).
Headquartered in Xiangyang, Hubei province, China, SSE’s electrification business supplies patented electric vehicle charging solutions to customers in China and more than 70 other countries. SSE says it has delivered over 50,000 charging points and has led the engineering, procurement, and construction (EPC) of more than 250 charging station sites. SSE’s charging and electrification capabilities in China are expected to complement BorgWarner’s existing capabilities in Europe and North America, the companies say. SSE’s 2022 revenues for the electrification business are expected to be approximately RMB 180 million (approx. $26.06 million).
Qnovo is working to integrate its software with the NXP battery management system, leading to reduced EV development costs.
Demand for the charging units is expected to grow in the U.S. to nearly 27.5 million by 2030, up from 1.3 million in 2021.
The companies have committed $3.5 billion in the facility, with their overall investment projected to reach $4.4 billion.
StoreDot is expanding with the official opening of its first U.S. research facility in Irvine, California.
EVmatch has announced the summer 2023 launch of a handheld, universal adapter made for Level 2 EV charging stations.
The ARC Mobility trailer was designed to stow, transport, place and deploy solar-powered EV ARC charging solutions.
HEVO founder and CEO Jeremy McCool explains his view on the tie between wireless EV charging and mass EV adoption in the U.S.
Goodyear said the RangeMax RSD EV is equipped to handle the higher load capacities of EVs.
