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Volvo Energy invests $4.9M in Connected Energy for second-life battery business; 10% stake

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million) for a 10% stake in the UK-based second-life battery energy storage specialist Connected Energy. Together with Connected Energy, we will minimize the environmental impact of the batteries that have powered Volvo Group vehicles. The investment came as part of a £15-million (US$18.4-million) million) round.

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Stellantis, Foxconn to form JV to develop breakthrough digital cockpits and personalized connected services

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The combination is intended to position Mobile Drive at the forefront of global efforts to deliver a new frontier of in-cabin information and entertainment capabilities, seamlessly connected inside and outside the vehicles in which they are installed. —Carlos Tavares, Chief Executive Officer at Stellantis.

Connect 252
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SwRI forms joint industry program to investigate safety, longevity of grid-connected energy storage systems

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Over the course of its life, a grid-connected battery must respond slowly or suddenly, depending on the grid demands. On a normal evening, a battery might supply 1,000 houses with continuous power, which is slow and sustained behavior. One of the central questions is how long it takes for a battery to degrade. —Jayant Sarlashkar.

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ENGIE New Ventures increases investment in 2nd-life battery company Connected Energy

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ENGIE New Ventures, the corporate venture fund of ENGIE, is participating in a new round of investment to further the development of Connected Energy. Based in the United Kingdom, Connected Energy uses end-of-life EV batteries to create energy storage systems. —Matthew Lumsden, CEO of Connected Energy.

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BMW introduces electric 3 Series for Chinese market

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The BMW Group continues to broaden its portfolio of electrically powered vehicles with the addition of the fully electric BMW 3 Series, which will enter the Chinese market in May 2022. R&D division in Shenyang, which also adapted some of the car’s componentry to the requirements of the supply chain in China. plant in Lydia, Shenyang.

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Grid connection considerations for DC fast charging infrastructure

Setec Powerr

Is There Local Grid Supply Competition? The competition for grid supply isn’t just from other DC fast-charging companies. Thus, you might find yourself competing with other businesses like factories, commercial centers, or residential areas for grid supply. come into play. come into play.

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SEMI and Center for Automotive Research collaborate to harmonize semiconductor and automotive supply chains

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Building on the SEMI Smart Mobility initiative, which fosters collaboration across the global automotive electronics supply chain, the MOU lays the foundation to connect microelectronics manufacturing and design stakeholders with the automotive and mobility ecosystems through programs and events that advance both industries.

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