Tesla, Model 3, Ballard Power Systems, Nano-Nouvelle.
Lowest price per mile: Despite its hefty price tag, the Tesla Model S 75 is the first EV to fall under the 300 dollars per mile mark in the U.S., which means you get the best millage for your buck. With EV incentives factored in, the Chevy Spark takes the lead, with just 230 dollars per mile.
Steel for the Model 3: In order to stay on budget, Tesla will use steel instead of aluminium for bigger components in the Model 3. A corresponding supply agreement with Korean manufacturer Posco has now been signed.
Ballard Power Systems has signed a follow-on contract with an unnamed automotive OEM to provide its expertise in proton exchange membrane (PEM) fuel cell technology. All that is known is that the two companies have been working together since 2014 and that the customer programme is expected to end later this year.
Nano-Nouvelle heads to the U.S.: The Australian company has been asked to show its 3D nanotechnology to a U.S. battery manufacturer. The 3D nano-porous conductive membrane is said to increase energy storage capacity by as much as 50 percent.