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Samsung has bought 52.3 million BYD shares for 449 million US dollars

Shanghai Samsung Semiconductor has bought 52.3 million BYD shares at 57.4 Yuan apiece in a private placement for a ‘smooth’ entry on Chinese EV market.
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Volkswagen teams up with Panasonic and LG Chem for EV battery production

Volkswagen AG is teaming up with electric-car battery specialists such as LG Chem Ltd. and Panasonic Corporation to establish its own battery gigafactory.
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US-based company SiNode Systems has got 4 million dollar investment from USABC

USABC – a collaborative organization of FCA, Ford and GM– awarded a $4 million dollar contract to SiNode Systems for the development of silicon-graphene anode materials for automotive lithium-ion battery cells.
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CHAdeMo announced all-new 150 Kw charging protocol

During CHAdeMO’s annual General Assembly in Tokyo, Japan, the Association’s management has announced its plans and ongoing activities towards bringing high power CHAdeMO chargers to the market: the Association plans to release an amendment to the current protocol, which will enable charging with up to 150kW (350A).
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Panasonic will double battery cell production in 3 years

Due to high demand on Tesla Model 3, Panasonic will at least double its annual sales of Li-ion battery cells in the automotive field.
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Nissan is about to reach new heights by producing EV powered by ethanol fuel cells

Nissan announced the development of the world’s first SOFC-powered vehicle system that runs on bio-ethanol electric power.
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Sweden has built first in the world electric highway

Sweden has become the first country in the world to build an electric highway, creating a short 1.2 mile (2km) stretch of road that powers hybrid and electric trucks – energy is transmitted via overhead wires.
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SAE has finally approved all-new wireless charging standard

SAE International announced approval of the “SAE TIR J2954 Wireless Power Transfer for Light-Duty Plug-In/ Electric Vehicles and Alignment Methodology”.
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Faraday Future is about to launch its second manufacturing site

FF started building its second site on Mare Island in Vallejo, California.
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NextEV will build high-performance plant in Nanjing

NextEV with Nanjing Municipal Government will build a 3 billion RMB (more than $460 million) plant facility for the development and production of high-performance motors and electronic modules in Nanjing.
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