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GM reveals new Ultium batteries and flexible global platform for rapid growth of EV lineup

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The heart of GM’s strategy is a modular propulsion system and a highly flexible, third-generation global EV platform powered by proprietary Ultium batteries. GM’s joint venture with LG Chem to develop and mass produce battery cells will drive cell costs below $100 per kWh. GM’s all-new modular platform and battery system, Ultium.

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LeMond Carbon obtains independent verification of its carbon fiber rapid oxidation technology

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LeMond Carbon announced the results of an independent technical audit conducted by Bureau Veritas (BV) of its carbon fiber manufacturing process. The total oxidation time and material properties verified by BV support LeMond’s claims to lower costs and significantly increased output versus traditional carbon fiber technology.

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President Obama launches $500M Advanced Manufacturing Partnership; Ford involved as an initial partner

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US President Barack Obama today launched the Advanced Manufacturing Partnership (AMP), a national effort bringing together industry, universities, and the federal government to invest in emerging technologies such as information technology, biotechnology, and nanotechnology. inventions, and in manufacturing-associated R&D.

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Pike Research forecasts automotive Li-ion battery prices to drop by more than 1/3 by 2017

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According to a recent report examining batteries for electric vehicles from Pike Research, as manufacturing efficiencies improve and access to lithium expands, the installed cost of Li-ion batteries will fall by more than one-third by the end of 2017. of the global market in 2017. billion annually in 2011 to more than $14.6

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Deloitte Survey finds only 4% of global consumers likely to be satisfied with current EVs despite increasing consideration and willingness to buy; higher ICE fuel economy reduces interest in EVs

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The Deloitte survey found global consumer interest in EVs is high. Consumers’ expectations around the performance and purchase price of electric vehicles are so divergent from the actual offerings available today, that no more than 2–4% of consumers worldwide would have their expectations met, according to a new survey from Deloitte.

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Altair ProductDesign selects Parker Hannifins series hydraulic hybrid drive system for advanced transit bus demonstrator

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The system will enable the new advanced bus platform to achieve 45-70% increased fuel economy over average diesel powertrains and more than double the fuel economy improvement of hybrid-electrics, contributing to an overall lower cost of ownership for transit authorities and reduced emissions.

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IEA technology and policy reports outline paths to halving fuel used for combustion-engined road transport in less than 40 years

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Two new reports—one on technology, the other on policy— released by the International Energy Agency (IEA) outline pathways to improve the fuel efficiency of combustion-engined road vehicles by 50% by the middle of the century, saving as much as four-fifths of current annual global oil consumption. Policy package.