USA: BYD form $500M JV to lease electric buses
China’s BYD has formed a joint venture with the San Francisco investor Generate Capital. The 200 million dollar JV will lease BYD electric buses to cities, schools and corporations in the States. The partners consider their business an “all-around win”.
Tritium bringing fast-charging to Hungary
Hungary’s National Utilities has ordered fast-charging stations from Tritium through its subsidiary NKM Mobilitas. Twelve DC- charging stations with 50 kW will be installed along main roads across the country and mark the start of more to come.
Panasonic plans to halve cobalt portion in batteries
The Japanese company plans to change up their battery manufacturing recipe within the next two-to-three years to use only half the current cobalt components. Head of the Panasonic passenger car division, Yoshio Ito, stated there are already working prototypes, but a complex evaluation process will take place before serial production.
China to sharpen plug-in vehicle policies further
The government in Beijing is looking at a further reduction in new energy vehicle subsidies in 2019. They want carmakers to become less dependent on state funding and to innovate instead. As with previous programmes, the new policies would emphasise range and efficiency.
Hydrogen research vessel deemed feasible
A team led by Sandia National Laboratories, usually charged with nuclear security in the USA, has found a zero emission vessel running on hydrogen feasible. Their study developed a fuel-cell coastal research vessel consistent with marine regulations.
Tesla target of some major fan love
A new trend sees Tesla owners uploading images of their humorous license plates -often poking fun at combustion vehicles and not having to buy gas. A Tesla driver even incorporated his car into his wedding proposal.