LG Chem is to “change the future” by pouring considerate resources into research and development of new materials for EV batteries, LG Chem vice chairman and CEO Park Jin-soo announced. He continued saying the company already had technology that would enable electric cars to go for 400 to 500 kilometres and that it would “not take long” for these products to be market-ready.
New industry leader: NXP Semiconductors is to merge with Freescale Semiconductor in a deal worth 11.8 billion dollars. Both companies offer several components for hybrid and electric vehicles. The transaction is expected to close in the second half of 2015. NFX and Freescale will then become the market leader in automotive semiconductors with a combined revenue of more than 10 billion dollars.
Qualcomm enters Formula 1: The company has now been named as official technology partner for the Mercedes AMG Petronas team. According to the press release, the introduction of inductive charging technology is among joint development plans for the future of the racing series.
Hero Electric motorcycle: The Indian manufacturer has developed a prototype electric bike that features a 2000-Watt electric motor and a 48V lead acid battery. It has a maximum speed of 60 kph and a said range of 50 kilometres. A possible launch is at leat 8 to 12 months away.
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Most clicked link on Tuesday was Norwegian Tesla driver Bjørn Nyland’s CHAdeMO adapter video.
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