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

Green Car Congress

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

Green Car Congress

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.

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

Green Car Congress

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

Green Car Congress

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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NIO builds power supply network connecting Beijing to grasslands in North China

CN EV Post

The post NIO builds power supply network connecting Beijing to grasslands in North China appeared first on CnEVPost. The route covers a total distance of 580 kilometers through several natural landscapes, and NIO has set up three NIO battery swap stations, nine supercharging stations and two destination charging stations along it.

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New Tesla orders no longer include Standard Connectivity for life

Teslarati

The final day to purchase a Tesla with lifetime Standard Connectivity for free has passed. The automaker no longer offers lifetime Standard Connectivity on any vehicle orders placed after July 20, 2022. Tesla offers two connectivity packages with its vehicles: Standard and Premium. It will expire after eight years.

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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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