Tesla (TSLA) has sold back Maxwell Technology’s ultracapacitor business and brand after acquiring it just over two years ago. Back in 2019, Tesla announced the acquisition of Maxwell Technology, a San Diego-based ultracapacitor and battery company, for over $200 million. While the company was mostly known for its ultracapacitor business, it had just developed a dry electrode
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In-Charge Energy, a provider of turnkey infrastructure services for commercial fleets, has been named a preferred provider for GM’s newly-announced Ultium Charge 360 fleet charging solution. “Electrifying fleets play a key role in GM’s vision to get ‘Everybody In’ on an all-electric future. GM is working with In-Charge to support fleet customers as they move
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Superpedestrian’s new Pedestrian Defense system, enabled by Navmatic’s Super Fusion technology, can detect and correct sidewalk riding and other unsafe rider behaviors Watch video of Pedestrian Defense in action: here Cambridge, MA — Superpedestrian, the MIT spin-off engineering firm behind LINK, “The Volvo of E-Scooters,” today unveiled a breakthrough active safety system dubbed “Pedestrian Defense.” The new system doesn’t
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UCAP Power, a San Diego-based developer of ultracapacitor-based power solutions, has purchased the Korean-based ultracapacitor business of Maxwell Technologies, along with other related assets, including the Maxwell brand. Maxwell Technologies is probably best known for being acquired by Tesla in 2019, which many believed had less to do with its pioneering work with supercapacitors (aka
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Porsche is planning an electric Macan, expected to debut in 2023, but before the crossover SUV goes electric, the gas model is getting an update for 2022 that includes more power, firmer suspensions, and tweaked looks inside and out. Every 2022 Porsche Macan gets more power. The $56,250 Macan base model continues with a 2.0-liter
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EVgo will plan and deploy EV charging and infrastructure solutions for GM fleet and BrightDrop customers LOS ANGELES – July 15, 2021 – EVgo Inc., (NASDAQ: EVGO), the nation’s largest public fast charging network for electric vehicles (EVs) and first powered by 100% renewable electricity, today announced that General Motors Company (GM) has named it a preferred provider
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Gothenburg, Sweden-based Heart Aerospace has raised $35 million in a Series A financing round led by Breakthrough Energy Ventures, United Airlines Ventures and Mesa Air Group. Heart Aerospace’s first aircraft will be the ES-19, a battery-electric 19-passenger regional airplane. Heart expects to begin deliveries for commercial use by 2026. The first-generation aircraft will have a
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While the overall passenger car market in France went down by 15% year-over-year in June to 119,509, the plug-in segment surged to a new all-time monthly record. In total, some 38,708 new plug-ins were registered last month (up 71% year-over-year), which is slightly above the previous record noted in December 2020. Passenger plug-ins (37,408) accounted
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Existing grid infrastructure appears ready to handle an influx of electric commercial trucks, according to a new study from the National Renewable Energy Laboratory (NREL). Published in Nature Energy, the study looked at increased electric demand from trucks operating relatively short distances, as this appears to be the most feasible starting point for commercial-truck electrification,
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