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Tesla & CATL deemed the Power Couple to Recharge the US EV Market: Morgan Stanley

Teslarati

Morgan Stanley analyst Adam Jonas deemed Tesla and CATL the power couple that could recharge the United States electric vehicle (EV) market. Tesla seems to be the first company to collaborate with CATL through LRS. In addition, the United States has an under-supply of affordable EVs and cheap batteries for electric vehicles.

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11 Japanese auto, infrastructure and financial companies establishing new company to develop hydrogen stations

Green Car Congress

As a result of discussions that began in May 2017, eleven companies in Japan have signed an agreement to form a new company in the spring of 2018 aimed at the full-fledged development of hydrogen recharging stations (HRS) for fuel cell vehicles (FCV). The company will aim to complete its mission in 10 years.

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Volvo Cars Tech Fund invests in electric car charging company FreeWire

Green Car Congress

Volvo Cars has acquired a stake in mobile EV rapid charging company FreeWire Technologies ( earlier post ) via the Volvo Cars Tech Fund. FreeWire is a San Francisco-based company that has been a pioneer in flexible fast-charging technology for electric cars. BP’s venturing business invested $5 million in FreeWire earlier this year.

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China issues draft guidelines to rein in lithium battery industry – ET Auto

Baua Electric

Lithium-ion batteries are a form of rechargeable energy storage used in everything from electric cars to scooters, laptops and motorised wheelchairs. The ministry also called on companies to obey national workplace safety laws and comply with existing product standards.

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The ‘most affordable’ DIY e-bike kit company just launched a new $349 version

Baua Electric

Swytch has previously been overwhelmed by demand when the company has released past versions , and so this might be a way to smooth out production curves and moderate all of the immediate demand they see when launching new models. FTC: We use income earning auto affiliate links.

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China EV maker Nio has completed 40 mn battery swaps so far – ET Auto

Baua Electric

The company currently buys most of its batteries from CATL. Swapping could help to ease the strain on power grids at peak times when drivers recharge, but industry analysts and executives expect it would only become feasible if batteries become more standardised. auto maker Tesla kicked off a price war last year.

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Volvo Cars sales down 17.2% in February, share of electrified cars increased to 33%

Green Car Congress

Sales of Volvo Cars’ Recharge models made up for 33.0% Recharge sales increased by 7.0% Recharge sales increased by 7.0% to 19,512 cars sold, with Recharge models making up more than half of total European sales during the month. The company is approaching its year-ago production levels, which is still below ambition.

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