Remove Batteries Remove Battery Remove Corporation Remove Electric Cars
article thumbnail

Nikola Corporation to Acquire Battery Pack Company Romeo Power

Electric Cars Report

Nikola Corporation and Romeo Power have entered into a definitive agreement in which Nikola will acquire the battery supplier in an all-stock transaction. The proposed exchange ratio implies a consideration of $0.74 The proposed exchange ratio implies a consideration of $0.74

article thumbnail

Northvolt gets $400 million from Investment Management Corporation of Ontario

Electric Cars Report

The Investment Management Corporation of Ontario (“IMCO”) is investing US$400 million in Swedish battery cell manufacturer Northvolt. The funds will enable Northvolt’s planned expansion, aligned with IMCO and the Company’s commitment to a deeply sustainable battery supply chain.

article thumbnail

Mitsubishi Fuso to test eCanter with swappable batteries in Kyoto

Electric Cars Report

Mitsubishi Fuso Truck and Bus Corporation is starting an electric truck battery-swapping demonstration on public roads in Kyoto, Japan. Mitsubishi Fuso’s electric light-duty eCanter truck equipped with Ample’s swappable battery modules are being used for the demonstration.

article thumbnail

Hyundai, Kia partner with Exide Energy Solutions for EV Battery Localization in India

Electric Cars Report

Hyundai Motor Company and Kia Corporation signed a Memorandum of Understanding (MOU) for strategic cooperation with Exide Energy Solutions, a leading Indian battery company, as part of their electric vehicle expansion plans.

Kia 119
article thumbnail

Panasonic explores EV battery partnership with Mazda

Electric Cars Report

Panasonic Energy and Mazda Motor Corporation announced that they have agreed to enter into discussions on establishing a medium- to long-term partnership to meet demand for battery EVs and automotive batteries in a rapidly expanding market.

Mazda 119
article thumbnail

Stellantis Ventures Invests in Tiamat and Affordable Sodium-Ion Battery Technology

Electric Cars Report

Stellantis Ventures, the corporate venture fund of Stellantis N.V., announced its participation as a strategic investor in Tiamat, a France-based company that is developing and commercializing sodium-ion battery technology. Sodium-ion technology offers a lower cost per kilowatt-hour and is free of lithium and cobalt.

Sodium 105
article thumbnail

How I Love My Battery-Electric Chevy Bolt — Let Me Count The Ways

CleanTechnica EVs

For a variety of reasons, including loyal customer outcry, that may not have been the best GM corporate decision ever. continued] The post How I Love My Battery-Electric Chevy Bolt — Let Me Count The Ways appeared first on CleanTechnica. However, for anyone now looking.

Silverado 117