article thumbnail

Bosch and Mitsubishi team up with Blue Park Smart Energy to develop business models for battery swapping; pilot in China

Green Car Congress

Bosch and the Mitsubishi Corporation, with Blue Park Smart Energy (BPSE), are partnering to create Battery as a Service (BaaS) innovations. The main idea here is that fleet operators will no longer have to purchase the batteries; they will simply pay to use them. This, in turn, improves battery performance and service life.

article thumbnail

Mitsubishi Electric’s new energy-management technology optimizes EVs as storage batteries; tests in China

Green Car Congress

Mitsubishi Electric Corporation has developed a technology for efficiently managing photovoltaic (PV) and other power-generation systems and also the charging/discharging of electric vehicles (EVs) parked on company campuses. This November, Mitsubishi Electric and its affiliate Mitsubishi Electric (China) Co.,

article thumbnail

Mitsubishi Chemical strengthens production capacity of graphite anode materials in China; possible production in Europe and US

Green Car Congress

Mitsubishi Chemical Holdings Group (MCHG) will increase the production capacity of natural graphite anode material from 2,000 tons/year to 12,000 tons/year at its Chinese subsidiary Qingdao Anode Kasei and affiliated company Qingdao Lingda Kasei. The production line is scheduled to start operation in the first half of fiscal 2023.

article thumbnail

WiTricity raises $34M in venture capital, including strategic investment from Mitsubishi

Green Car Congress

Stage 1 Ventures led the round with participation from Air Waves Wireless Electricity and a strategic investment by Mitsubishi Corporation through its US subsidiary, Mitsubishi Corporation (Americas). Mitsubishi Corporation’s investment in WiTricity reflects an innovative vision for the future of smart cities.

article thumbnail

Ube Industries and Mitsubishi Chemical to form 50-50 Li-ion battery electrolyte JV in China

Green Car Congress

and Mitsubishi Chemical Corporation have agreed to a tie-up for their electrolyte businesses in China under a 50-50 joint venture to supply highly competitive electrolyte to the market. Ube Industries and Mitsubishi Chemical will apply for approval from government authorities in China and other relevant countries.

article thumbnail

Renault, Nissan, Mitsubishi to invest €23B over 5 years in electrification; 35 new EV models by 2030; solid-state batteries

Green Car Congress

The Renault, Nissan and Mitsubishi Alliance has defined a common 2030 roadmap on pure-EV and Intelligent & Connected mobility, sharing investments for the benefits of its three-member companies and their customers. Renault, Nissan and Mitsubishi have already invested more than €10 billion in the field of electrification.

article thumbnail

IDTechEX: solid-state battery market will grow to $8B by 2031

Green Car Congress

A new report from IDTechEX forecasts the solid-state battery market will grow to $8 billion by 2031. Under most of the mass-production plans, the solid-state battery will likely take off after 2025, although small-scale production may happen even earlier, IDTechEX said. Major solid-state battery players globally.

Market 418