Tagged: Company

Israeli company unveils electric vehicle battery that can recharge in 10 minutes

StoreDot, an Israeli developer of extreme fast-charging (XFC) battery technology for electric vehicles, unveiled this month what it called the “world’s first” silicon-dominant battery prototype capable of recharging in just 10 minutes.

The company’s cylindrical cells use a 4680 format — 46 millimeters wide by 80 millimeters long — that is favored by global carmakers, specifically electric vehicle giant Tesla.

The battery tech has been in development for three years and includes five patents in cell design, StoreDot said in a statement last week. The design “increases throughput and addresses safety and performance issues typically associated with the hard case

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Global Automotive Resonator Market Outlook 2021 Size, Share, Growth, Trends And Forecast By 2028 | Murata Manufacturing Co., Ltd., DuPont, Gasgoo.com Corporation, FennoSteel, Donaldson Company, Inc., Munjal Auto Industries Limited

350 page market research study by Data Bridge Market Research, leading business and competitive intelligence provider, analysing how Automotive Resonator Market sales will grow

The automotive resonator market is expected to witness market growth at a rate of 3.50% in the forecast period of 2021 to 2028 and is expected to reach USD 5,448.47 million by 2028. Data Bridge Market Research report on automotive resonator market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The growing new material technologies in several vehicle platforms are

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The future of car ownership? Volkswagen goes low rent with $4.6b takeover bid for rental car company Europcar, as part of ‘mobility solutions’ transition

The Volkswagen Group is set to make a takeover bid for one of the world’s largest vehicle hire companies Europcar, signalling its intention to join other major car makers in the car rental and subscription market.

The takeover offer, worth $AU4.7b, is expected to be filed with the French Stock Market Authority towards the end of 2021 and may not be completed until early 2022.

Europcar operates in more than 140 countries, with a fleet of about 350,000 vehicles. Volkswagen is hoping to leverage this enormous reach and network as it transforms itself from a car seller to providing “mobility

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Tesla Isn’t the Only Company Charging a Monthly Fee for Extra Features

  • In July, Tesla began offering its “Full Self-Driving” software with a $199 per month subscription option.
  • BMW, Mercedes, and Cadillac, have also explored subscription services.
  • With the services, drivers could tack on personalized features like heated seats or autopilot.

Drivers may start paying for subscription services akin to

Netflix
as automakers develop more sophisticated and luxurious features for their cars.

Earlier this month, Tesla began offering drivers the option to pay a monthly subscription fee for its “Full Self-Driving” (FSD) software. The driver assistance program was initially launched as a service that could be bought with

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