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Li-ion battery maker Boston-Power announces $125M in new financing; focus on and support from China

Green Car Congress

Boston-Power, Inc., The growth capital and Chinese government incentives will be used predominantly to scale manufacturing, research and development, and business development activities in China for the company’s energy storage technology and products. Reorganizing. Purcell, Jr.,

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Dongfeng Motor will utilize advanced humanoid robots to help build its vehicles in China

Baua Electric

Dongfeng Motor Corporation has operated since the late 1960s and is the smallest of the “big four” Chinese state-owned automakers behind SAIC , Changan Auto, and FAW Group. The Tesla Optimus and Ubtech’s Walker S, however, are some of the most advanced humanoid robots we’ve seen alongside everything Boston Robotics has going on.

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Li-ion Manufacturer Boston-Power Names Former GM Senior Executive Bob Purcell to Board; Expansion Into Transportation With a Focus on PHEVs and BEVs

Green Car Congress

In the transportation sector, Boston-Power is targeting its high-energy, long-life cells at plug-in hybrid and full battery electric vehicles. Li-ion manufacturer Boston-Power, Inc., —Boston-Power Founder and CEO Dr. Christina Lampe-Onnerud. I’ve been looking for a battery like Boston-Power’s for 20 years.

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GAC Group begins construction of $6.5B industrial park for electric and intelligent vehicles

Green Car Congress

The planning and construction of this industrial park is a concrete step to implement the Chinese government’s green development goals for Guangdong and the national ‘Made in China 2025’ strategy. Power Asia Pacific’s 2016 China Initial Quality Study, the highest of all Chinese brands for the fourth consecutive year.

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If $50,000 EVs still lose $6,000, when will EVs become profitable?

Baua Electric

Legacy automakers are still losing thousands of dollars on many EV sales, according to newly published analysis from the Boston Consulting Group. market if heavily-subsidized Chinese EVs ever break through here. appeared first on Bauaelectric Auto News. automakers. automakers.

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Hyundai Motor, including Kia top Ford and GM in US EV market with affordable EVs

Baua Electric

Hyundai Kona Electric N Line (Source: Hyundai) In fact, new research from auto research firm CarsDirect shows the Kona EV is one of the cheapest cars to lease in the US at just $169 per month. FTC: We use income earning auto affiliate links. And that’s including gas-powered cars. 361 $43,656 SEL RWD 77.4 305 $46,365 Limited RWD 77.4

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Is Hyundai’s IONIQ 6 the ultimate EV? Fast charging, long-range, and affordable price

Baua Electric

According to a new report from Boston Consulting Group , the Hyundai IONIQ 6 is the only EV on the market that meets potential buyers’ median price, range, and charging targets. Source: Boston Consulting Group) BCG research found that 70% of US consumers are considering buying an EV. FTC: We use income earning auto affiliate links.