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Bosch begins electric motor production in Charleston; more than $260M in new investment

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Bosch has begun production of electric motors at its Charleston, S.C. manufacturing facility. Additionally, the company plans to invest more than $260 million to expand further the production of electrification products at the site, which is expected to create at least 350 net new jobs by 2025.

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Li-ion battery recycling and manufacturing startup Battery Resourcers completes $20M Series B

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The financing will support the development of a commercial-scale processing facility with the annual capacity to process 10,000 tons of batteries—the batteries from approximately 20,000 electric vehicles (EVs) a year. Lithium carbonate (Li 2 CO 3 ) is also a current product offering. as a spinout from the lab of Prof.

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Hyundai and Kia make €100M strategic investment in Arrival to co-develop electric commercial vehicles

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Through the partnership, Hyundai and Kia plan to introduce competitively priced small and medium-sized electric vans and other products for logistics, on-demand ride-hailing and shuttle service companies. Founded in 2015, Arrival has production plants and R&D centers in the US, Germany, Tel Aviv, Russia and the UK.

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Torotrak to acquire remaining 80% of Flybrid for up to £23M; targeting commercial launch of M-KERS in 2015

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The integration of Flybrid and Torotrak provides a platform for a joint development and commercial launch of M-KERS, Torotrak said. The group intends to exploit what it sees as a market window from 2015 to 2020 in which new technologies are being demanded to achieve new EU CO 2 targets applying to vehicle manufacturers’ overall fleets.

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Mullen Automotive acquires controlling interest in EV truck maker Bollinger Motors

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Mullen Automotive, an emerging EV manufacturer, is acquiring a controlling interest in EV truck maker Bollinger Motors. Combining Bollinger’s vehicles with our existing class 1 and class 2 EV cargo van programs gives us the chance to dominate the entire class 1-6 commercial light and medium duty truck segments.

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Ford, VW sign agreements for joint projects on commercial vehicles, electrification, autonomous driving

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Ford Motor Company and Volkswagen AG signed agreements that expand their global alliance ( earlier post ) to meet rapidly evolving needs of their respective customers in Europe and other regions by leveraging complementary strengths in midsize pickup trucks and commercial and electric vehicles.

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DOE awarding >$24M to 77 projects through Technology Commercialization Fund

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The US Department of Energy (DOE) announced more than $24 million in funding for 77 projects supported by the Office of Technology Transitions (OTT) Technology Commercialization Fund (TCF). Concentric Ring Gas Atomization Die Design for Optimized Particle Production, $150,000 Praxair, Indianapolis, Ind. Selected Labs and Partners.