ADS-TEC Energy, Germany raises USD 50 million to expand EV charging business On May 1, ADS-TEC Energy secured up to USD 50 million in growth capital from institutional investors to support its expansion in Europe and North America. With the new capital, ADS-TEC Energy plans to evolve its business model to include full project delivery, covering financing, installation, commissioning, and long-term operation of charging assets, energy optimization...

News  Updated at: 2025/05/05

Wanhua Chemical, China and IBU-tec, Germany sign R&D agreement to boost LFP production in Europe On April 1, Wanhua Chemical Group Battery Technology Co., Ltd and IBU-tec signed Joint Research and Development Agreement (JDA) in Weimar, Germany.  As part of the partnership, IBU-tec and Wanhua Chemical will scale up production in the coming months. They expect reliable results by the third quarter of 2025 to determine if their joint development me...

News  Updated at: 2025/04/01

Pricol Limited, India updates about new launches during Q3 FY 2025 On January 31, 2025, in an investor update, Pricol Limited announced that during Q3 FY 2025 ending December 2024, it launched LCD-Type DIS instrument clusters for the Bajaj RS 200 motorcycle and Bajaj Chetak electric scooter. Additionally, It launched LCD-Type DIS instrument clusters for Bajaj GOGO EV E-TEC, E-Rick, and New RE three-wheelers. On January 30, 2025, Pricol Limited al...

News  Updated at: 2025/01/31

Bollinger announces additional order of B4 electric trucks from TEC Equipment On December 3, Mullen Automotive announced that its subsidiary, Bollinger Motors, has received a follow-on order for seven all-electric 2025 Bollinger B4 trucks from TEC Equipment.  This is TEC’s second B4 truck order and follows its initial order from October 30 of three B4s. TEC’s latest order of B4s are being delivered to TEC dealer locations in Fontana, Oakland...

News  Updated at: 2024/12/10

IBU-tec, Germany wins new business of cathode material from global automotive group On December 2, IBU-tec advanced materials AG received the largest order in the battery sector in the company's history to date. The order volume is in the mid-single-digit million-euro range and will be reflected in sales for the most part in the 2025 financial year.  The order is the continuation of the cooperation with a global automotive group for the further ...

News  Updated at: 2024/12/05

VEMO arrives in Puebla with the installation of new charging points On October 31, VEMO, a Mexican cleantech company focused on clean mobility, expanded its electric vehicle charging network to Puebla. Carlos Levy, head of the VEMO Charging Network, highlighted the importance of establishing an infrastructure to support Puebla's commitment to clean mobility. As of Q3 2024, the Electromovilidad Asociación (EMA) recorded 3,273 public EV chargers, ...

News  Updated at: 2024/11/07

IBU-tec, Germany wins business of development and production of LFP cathode material On October 8, IBU-tec advanced materials AG signed two extensive contracts for the further development and production of LFP cathode material on behalf of a global automotive group.  IBU-tec will optimize its IBUvolt LFP402 battery material for specific e-mobility applications for the major customer. In addition, the automotive partner has placed a scaling order...

News  Updated at: 2024/10/16

Mitsui High-tec to continue investment in electrified vehicle motor cores for future growth in demand Mitsui High-tec, Inc. (Mitsui High-tec) plans to continue active investment in its electrified vehicle motor core business, and promote sales to new customers other than Japanese automakers. Due to sluggish sales of electric vehicles (EVs) in the U.S. and European markets, the company's motor core-related business earnings are declining. Even tho...

News  Updated at: 2024/09/19

Constellium, France concludes first industrial-scale hydrogen casting for EVs On July 15, Constellium concluded its first industrial-scale hydrogen casting at C-TEC, Constellium's primary R&D center in France. The casting was carried out in a 12-ton furnace, adhering to strict internal procedures. The company announced that the 12-ton slab will be further processed at its Neuf-Brisach site in France for use in electric vehicles (EVs), aligning w...

News  Updated at: 2024/07/16

MinebeaMitsumi to strengthen automotive connector business, enhance product lineups MinebeaMitsumi Inc. (MinebeaMitsumi) will strengthen its automotive connector business. The company will expand its own product lineups and its subsidiaries, Honda Tsushin Kogyo Co., Ltd. (Honda Tsushin Kogyo) and MinebeaConnect Inc. (MinebeaConnect, formerly Sumiko Tec). It is also considering increasing production through plant expansion. Moreover, it will accel...

News  Updated at: 2024/07/09

IBU-tec partners with GRS Batterien, Germany for battery recycling On June 27, IBU-tec advanced materials AG (IBU-tec) partnered with GRS Batterien Service GmbH and the Joint Take-Back System Batteries Foundation for the development of the sustainable recycling compound Green Mass, from used LFP batteries.  As part of the cooperation, the black mass-produced while recycling LFP batteries will be enriched with lithium and thermally treated to pro...

News  Updated at: 2024/06/28

ADS-TEC Energy partners with Caverion for fast EV charging solutions On June 20, ADS-TEC Energy (ADSE) signed a partnership agreement with Caverion for the supply of battery-buffered fast charging solutions, with up to 320 kW, that enable ultra-fast charging of electric vehicles (EVs), in the Nordic regions. ADSE’s ChargeBox and ChargePost chargers provide rapid charging, utilizing the current grid infrastructure. These chargers offer higher c...

News  Updated at: 2024/06/25

Bajaj Auto, India partners with Flipkart to deliver 1,000 electric three-wheeler cargo vehicles On May 10, Bajaj Auto and Flipkart, e-commerce marketplaces announced a partnership for last-mile delivery operations. The initial, non-binding commitment is to supply a minimum of 1,000 electric three-wheeler cargo vehicles (Maxima XL Cargo E-TEC) to Flipkart and further collaboration and potential fleet expansion in the future. Bajaj’s Maxima XL Ca...

News  Updated at: 2024/05/13

ADS-TEC Energy to present ChargeBox and ChargePost solutions at Hannover Messe in Germany On April 23, ADS Tech Energy announced that its battery-buffered, ultra-fast charging solution, the ChargePost, makes fast charging possible even on the undeveloped and power-limited grids. The ChargePost supports the grid for charging at up to 320 or 300 kW with a single car and with 160 or 150 kW when two EVs are charged at the same time. It supports grid ...

News  Updated at: 2024/04/24

DPD, Switzerland updates about bidirectional charging project On April 4, the parcel service provider DPD announced that it is participating in a federally funded TEC-OFF research project, to test the concept of bidirectional charging with its vehicle fleet together with sustainability researchers from the ZHAW School of Engineering. The batteries of electric vehicles are used as temporary storage to feed electricity back into the grid at peak ti...

News  Updated at: 2024/04/06

ADS-TEC unveils ultra-fast EV chargers for multi-family residential complexes in U.S. On March 19, ADS-TEC Energy plc unveiled the first deployment of its ChargeBox at a multi-family residential complex in North Miami Beach, Florida.  The solution allows EV drivers at the 470-unit residential property to charge their EVs in just minutes yet required no extensive construction or upgrades to high-powered electrical infrastructure. Built-in batteri...

News  Updated at: 2024/03/20

Constellium, France tests hydrogen utilization in its casthouses On March 12, Constellium announced its move towards industrial testing of hydrogen utilization in its casthouses. Recycling and casting are the most energy-intensive operations and represent close to 50% of Constellium’s direct greenhouse gas (GHG) emissions. Building upon successful laboratory-scale trials conducted in 2022 by C-TEC, Constellium’s main R&D center, the Company w...

News  Updated at: 2024/03/13

Hi-Tec invests USD 10 million for new facility in Mexico On March 11 it was announced that Hi-Tec will invest USD 10 billion for the construction of new warehouses and a showroom in the Mexican state of Queretaro. This plan is to meet the demand in the region, especially of the automotive industry. This building will be located in the Airport industrial park with 12,000 square meter of construction out of the 20,000 that the company acquired. The...

News  Updated at: 2024/03/12

hip with an ecosystem of recycling companies in France, including INDRA (automotive recycling), GALLOO (metal recycling) and MTB RECYCLING (metal shredding & sorting).  Funded in part by the French Environmental Agency ADEME under the France 2030 program, the Close the Loop project aims to develop technologies to dismantle, sort and remelt wrought aluminum from end-of-life vehicles to be used in future vehicles.  Several options, including full...

News  Updated at: 2024/02/28

technotrans, Germany to supply cooling solutions to ADS-TEC Energy for fast charging station On February 19, technotrans, a thermal management solutions provider, received a follow-up order for cooling solutions from ADS-TEC Energy, a battery-based platform solutions provider, for its battery-buffered fast charging station ChargePost. The order amounts to a volume in the high single-digit million-euro range and a term of one year. The cooling sol...

News  Updated at: 2024/02/26