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Kia surprisingly tops Hyundai in market value with affordable EVs rolling out

Baua Electric

For the first time since 2001, Kia surpassed Hyundai in market value with new affordable EVs rolling out this year. The new low-cost EVs were revealed during Kia’s first EV day in October. Kia EV4 concept (Source: Kia) The EV3 and EV4 concepts were introduced for the first time. trillion won). million won).

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DOE to award up to $133M for advanced vehicle technologies research

Green Car Congress

Low-cost electric traction drive systems using no heavy rare earth materials. Utility-managed smart charging supporting projects that will demonstrate managed and controlled charging loads for a large number of vehicles. Improving mobility, affordability, and energy efficiency through transit.

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CalSEED awards $4.2M to early-stage clean energy innovations

Green Car Congress

The California Sustainable Energy Entrepreneur Development (CalSEED) program announced that the fourth cohort of innovative clean energy concepts has been approved by the California Energy Commission (CEC); 28 companies out of 212 were selected to receive grants of $150,000 each.

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DOE awarding $71M to 20 RD&D projects to cut GHG emissions, expand EV infrastructure; $5M to Achates for opposed-piston 2-stroke hybrid

Green Car Congress

Projects will work to lower emissions by leading the expansion of EV charging stations to facilitate the transition from fossil fuel-powered vehicles to electric vehicles. AOI 1: EV Charging Community Partner Projects. Affordable Mobility Platform (AMP). Upper Midwest Inter-Tribal EV Charging Community Network.

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DOE announces $60M to accelerate advanced vehicle technologies research

Green Car Congress

The Vehicle Technologies Office funds a broad portfolio of early-stage research to develop new affordable, efficient and clean transportation options to enable industry to accelerate the development and widespread use of a variety of innovative transportation technologies.

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DOE announces $139M in funding for 55 projects to advance innovative vehicle technologies

Green Car Congress

VTO research pathways focus on fuel diversification, vehicle efficiency, energy storage, lightweight materials, and new mobility technologies to improve the overall energy efficiency and affordability of the transportation system. AOI 02: Low Cost Electric Traction Drive Systems Using No Heavy Rare Earth Materials. 4,958,905.

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A cheap Toyota EV? Not right now, the company says

Baua Electric

Toyota says no small, cheap EV is in the works Although many automakers, including VW, Stellantis, and Kia, have revealed plans to launch low-cost EVs under $30,000 (£25,000), Toyota says not so fast. Toyota’s European product development boss, Andrea Carlucci, told Autocar that battery costs make a cheap EV unlikely.

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