Hydrogenics, China Dynamics, India, Supercharger, EV Connect.
Chinese-Canadian cooperation: Hydrogenics says it sealed several deals with EV integrators from China to supply its fuel cell technology and hydrogen stations. The agreement covers more than 2,000 vehicles over the next three to five years, the Canadian company reports.
100 electric buses: The city of Xingtai in Chinese Hebei province ordered a hundred electric buses from China Dynamics after a successful trial. Deliveries will be completed before the end of this year. 90 of those electric buses measure eight metres in lenght, the another ten are 10.5 metres long.
10 electric buses: The government of the Indian state of Himachal Pradesh bought ten electric buses with subsidies to serve on the Manali-Rohtang route and elsewhere. At the same time, a trial with Mahindra’s electric maxi-cabs will start in the second week of December.
154.2m dollars net book value is what Tesla reports for its Supercharger network. At the end of the last quarter, 536 charging stations were live worldwide resulting in average costs of 284,000 dollars each.
2.7m dollars in funding were collected in EV Connect’s latest round of equity financing. The company provides software solutions to manage EV charging infrastructure via cloud. The money will be spend on growth and to take EV Connect to profitability.
LG Chem, Power Japan Plus, China Dynamics, A123 Systems.
Korean-Chinese battery deal: LG Chem will supply batteries for electric vehicles from SAIC Motors and Qoros. With these latest deals, the South Korean company now serves the four biggest Chinese car makers, including FAW and Changan. Orders from China stand at more than 100,000 batteries and a joint venture for production in China is already on the agenda, according to LG Chem.
Carbon double: Japanese racing Team TAISAN and Power Japan Plus will jointly develop an electric race car. The racer will be powered by the Ryden dual carbon battery by Power Japan Plus (we reported) which will first be tested in a go-cart.
New battery player? China Dynamics, formerly Sinocop Resources, is switching its business from metal trading to EV battery development. The company said its battery technology works exceptionally good in cold climates but did not reveal what kind of battery it actually is. It will, however, be used for Rimac’s Concept_One. China Dynamics says it is even thinking about buying 10% of the Croatian supercar manufacturer.
Micro-hybrid focus: Battery producer A123 Systems acquired Leyden Energy’s intellectual property regarding battery materials like Li-titanate (LTO) and non-flammable electrolyte (Li-imide) – technologies mainly used in start-stop systems. As part of the deal, Leyden Energy’s technical staff will join the R&D section of A123.
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