DETROIT - In the summer of 2020, Hyundai launched IONIQ as its own electric brand consisting of three initial models. This began with the IONIQ 5 crossover EV, which is currently available and remains in high demand in all its respective markets. During that initial brand launch, Hyundai also shared details of its second EV scheduled for 2022,
DETROIT - Michigan, long the automotive manufacturing capital of the United States, is now getting pumped with investment both publicly and privately to build out a series of battery manufacturing plants that will power the wave of electric vehicles coming to market. The demand for domestically produced batteries has reached new peaks after the passage
WALTHAM, Mass.- A new battery for electric vehicles that charges in three minutes and lasts for 20 years could soon be coming to new cars. Adden Energy received an exclusive license from Harvard University $5.15 million in venture funding will enable the startup to scale Harvard’s laboratory prototype toward commercial deployment of a solid-state lithium-metal
DETROIT - Hydrogen fuel cell maker Loop Energy said that its latest cell system can deliver better fuel economy than a diesel engine at current price levels. The Burnaby, British Columbia-based company said that - based on a pan-European diesel cost of $1.91 per liter on Sept. 5 and $10 per kg of hydrogen -
WASHINGTON, D.C. – Bipartisan legislation authored by U.S. Senators Gary Peters (D-MI), Chairman of the Homeland Security and Governmental Affairs Committee, Mitt Romney (R-UT), Richard Burr (R-NC), and Bill Hagerty (R-TN) to ensure government agencies are properly using and recycling batteries from the federal fleet of electric vehicles has passed the Senate. Properly recycling EV
ANN ARBOR—Mcity, which operates the world's first purpose-built test environment for connected and autonomous vehicles, will invest $5.1 million from the National Science Foundation to supercharge the facility's evolution into a test track unlike any other. By enhancing its physical testing environment, adding virtual reality software and generating real-world datasets, Mcity can provide tailor-made simulation
DETROIT - Electric vehicles have often been hailed as the future. Major motoring companies are aiming to produce nothing but electric vehicles in the future, and some aspire to hit that target by the end of the decade. Cars that are traditionally seen as so-called gas guzzlers — like pickup trucks, muscle cars, and hummers
ANN ARBOR - Today’s automotive industry faces a historical shift from internal combustion engine (ICE) vehicles to battery electric vehicles (BEV). This shift is profound, dramatically altering the structure of the automotive value chain and the vehicle manufacturing process. This conversion occurs as the industry undergoes a digital transformation. The ICE to BEV project builds
IRVINE, Ca. - Rivian just added almost $3 billion to its market capitalization in a day, and all it took was a fairly bare-bones deal with Mercedes-Benz. The upstart and Mercedes-Benz will join forces to build big electric vans in Europe “in a few years,” the two revealed Thursday, sending Rivian shares soaring 11 percent, their biggest jump in four
DETROIT - Meet Hydra, an e-bike with a difference. Unlike traditional electric motorcycles that rely on a powertrain that pulls energy from a lithium-ion battery, Hydra offers an alternate, much more experimental solution – hydrogen fuel cells. Although still in its infancy, hydrogen fuel cells promise absolutely clean energy. Unlike gasoline-powered engines, the fuel cells
