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CalSEED awards $4.2M to early-stage clean energy innovations

Green Car Congress

Cyclonatix, Inc is developing an industrial-sized motor/controller to operate with either DC or AC power sources, for applications in electric vehicles, solar-powered pumps, HVAC&R, gas compressors, and other commercial and industrial machines which require high efficiency, variable speed/torque, and low cost.

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The $10,000 BYD Seagull EV is scaring the U.S. auto industry

Teslarati

market, the company’s recent release of a city EV with a price tag under $10,000 has some worried for when it and other low-cost companies do. BYD launched its Seagull, a small hatchback EV with a price tag starting at 69,800 yuan (~$9,773), at the Shanghai Auto Show last year. auto market anytime soon , some U.S.

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Biden administration announces $1B fund to support EV automakers

Teslarati

The Biden Administration announced a joint initiative with Monroe Capital LLC to launch a $1 billion fund to help small to medium-sized auto suppliers shift from gasoline-powered to electric vehicles. It is expected to help over 250,000 people across the United States who work for small to medium-sized auto suppliers.

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A cheap Toyota EV? Not right now, the company says

Baua Electric

Toyota has no current plans to launch a cheap EV despite demand building. Toyota says no small, cheap EV is in the works Although many automakers, including VW, Stellantis, and Kia, have revealed plans to launch low-cost EVs under $30,000 (£25,000), Toyota says not so fast. FTC: We use income earning auto affiliate links.

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Ford’s low-cost EV platform could spawn electric Fiesta and Focus models

Baua Electric

CEO Jim Farley emphasized Ford’s (not-so-secret) low-cost EV platform is progressing in Long Beach as former Tesla, Rivian, Lucid, and Apple execs aim to develop some of the world’s most efficient electric cars. As the American automaker struggles to stay afloat in Europe, low-cost EVs could be Ford’s savior.

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BMW, Daimler and VW Propose Global e-mobility Standardization on Vehicle2Grid Communication, Harmonization of Chargers

Green Car Congress

Separate implementations of different solutions, requiring action by both the auto OEMs and the utility companies, “ will be a nightmare ”, Preuschoff said. Incompatible solutions highly limit an available low-cost charging infrastructure, and thus impose high market introduction hurdles for electric vehicles, he said.

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Mexico is already building its own cheap EVs that will rival China

Baua Electric

Mexico is done importing cheap EVs from China and India as it plows ahead with a prototype of its own. Sheinbaum confirmed on Friday that Mexico is building a series of small, cheap EVs that are expected to challenge those made in India and China. Source: Bloomberg , Mexico Business News FTC: We use income earning auto affiliate links.

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