Category Archives: EV

Israeli Firm Begins Pilot Production of Li-Ion Traction Battery That Offers Five-Minute Charge

published: 2021-02-08 18:30 | editor | category: News
Established in 2012, Israeli firm StoreDot has been focusing on the development of fast-charging Li-ion batteries for electric vehicles (EV). After years of hard work, it finally announced this January that the latest version of its traction battery has entered pilot production. StoreDot’s battery technology, which has been demonstrated to have a charging time of just five minutes, is expected to be recognized as a landmark breakthrough in the development of batteries and EVs. ...  more

Hyundai Establishes Hydrogen Fuel Cell Company Expected for Production in Second Half of 2022 and a Preliminary Annual Production Capacity of 6,500 Units

published: 2021-02-02 9:30 | editor | category: News
Hyundai has officially announced the investment agreement with the government of the Guangzhou Development District on the establishment of the Hyundai Fuel Cell System (Guangzhou) Co., Ltd., where Hyundai will become the first global automotive manufacturer to set up a production base for hydrogen fuel cell systems in China, which will also be the first overseas production base of hydrogen fuel cell systems for the company. ...  more

Automotive Giants Forced to Reduce Operation Amidst Chip War

published: 2021-02-01 9:30 | editor | category: News
A perfect storm has been seen in the semiconductor industry after the global pandemic, where the surging demand for electronics has resulted in a shortage of chips, and the increasing number of chip adoption for automobile has prompted numerous major automotive manufacturers to postpone production plans, for which the phenomenon may decelerate at least 6 months after, according to insiders of the industry. ...  more