January 2022

Worlds Largest Battery-Electric Locomotive Fleet, Fast Charging Electric Cars

Battery-Electric Locomotive Union Pacific Railroad to Assemble World’s Largest Carrier-Owned Battery-Electric Locomotive Fleet Caterpillar to Supply Locomotives to Union Pacific Railroad, Supporting Investment in World’s Largest Battery-Electric Locomotive Fleet BHP Orders Four Battery-Electric Locomotives for WAIO Rail Network Batteries Britishvolt & Lotus sign MoU to collaborate on next generation battery cells specific to Lotus requirements […]

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Rivian, down 45% since IPO, poised for 160% surge: Morgan Stanley

Rivian (NASDAQ: RIVN) stock is down 45 percent since its initial public offering in November when shares started publicly trading at around $106.75. Currently, Rivian shares hover around the $55 mark. Its drastic fall in the first few months of being publicly traded is not keeping Morgan Stanley’s Adam Jonas from shying away from an

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Tesla earnings report—new EVs delayed, full speed ahead on humanoid robot

Tesla’s latest earnings report, for the fourth quarter and full year 2021, was another strong one. Deliveries grew by 87% in 2021, earnings per share and revenue each beat analyst estimates by a healthy 6%, and the company claimed that it achieved “the highest quarterly operating margin among all volume OEMs…demonstrating that EVs can be

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Bloomy’s new FLEX BMS Validation System

Automated testing, data acquisition and control system provider Bloomy has introduced a test system for battery management systems. The FLEX BMS Validation System is designed to evaluate hardware, software and firmware, and is intended for the electrification and test lab markets. The FLEX BMS Validation System simulates vehicle electronic signals, and uses Bloomy’s FCC- and

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Electric paving machine to go into service in the Netherlands

Dutch civil engineering company Bam Infra Nederland has commissioned yellow-machine builder Wirtgen and Dutch powertrain developer New Electric to convert an asphalt spreading machine into “the world’s first fully electric paver.” The conversion team replaced the paver’s stage V motor with an electric drive consisting of a 270 kWh battery pack and two “smartly switched”

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GM to invest $7 billion in Michigan plants, mostly for battery cells and electric trucks

GM has announced new investment of more than $7 billion in four Michigan manufacturing sites, calling it “the single largest investment announcement in GM history.” Most of the new investment, which is expected to create 4,000 new jobs, is aimed at increasing battery cell and electric truck manufacturing capacity. Projects include the construction of a

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