Tuesday Ticker: Analysts warn Tesla robotaxi event may fall short of expectations; European battery firm lays off workers, scales back plans
Toronto, Ontario — In this weekly Tuesday Ticker, Morgan Stanley warns that Tesla’s Oct. 10 event may fall short of wickedly high expectations. Plus, a Swedish-based battery firm faces further struggles. Building suspense for stock’s sake Tesla’s Robotaxi is set to debut at the company’s event on Oct. 10—but fans and analysts are worried the […]
Meet the Speakers: Martin Archambault, director of operations, Lithion Saint-Bruno to speak at EV Repair Tour, supported by Fix Network
Montreal, Quebec — Are you a collision repair industry stakeholder seeking more information on the burgeoning EV repair market? You won’t want to miss the Collision Repair magazine EV Repair Tour, supported by Fix Network, stopping in Montreal on September 18. With less than three weeks remaining, we are unveiling our esteemed panel of speakers, […]
Battery Benefits: New Jersey establishes EV battery recycling legislation
New Jersey, United States — The U.S. state of New Jersey’s Electric and Hybrid Vehicle Battery Management Act has been passed and approved as of January 8, 2024, marking the first American state to create industry guidance for the recycling of lithium-ion batteries. The act requires manufacturers to be responsible for the collection and management […]
New Life for Used Cars: Altelium launches independent battery health test, certificate and extended warranties for used electric vehicles
Toronto, Ontario — In a recent announcement, Altelium has revealed the development of a first of its kind independent battery health test and warranty service for used electric vehicle batteries. The service, now available through a digital platform in both the UK and North America, is the result of work since 2018 to develop an […]
Battery Battle: New study reveals some EV batteries cost as much as a brand new car
Toronto, Ontario – A recent study made by Visual Capitalist using data from Benchmark Materials shows calculations for the replacement costs of different battery types in six existing and upcoming EVs. According to the study, many upcoming EVs that fall into SUV and pickup truck categories also have heavy batteries for extended driving range, and […]
Northvolt Moves South: Ottawa announces multi-billion dollar electric vehicle plant in Montreal
Montreal, Quebec – In a recent announcement made by CBC, Prime Minister Justin Trudeau and Quebec Premier François Legault were in Montreal Thursday to announce that a multi-billion dollar EV plant will be built east of the city. Executives with the Swedish company, Northvolt–battery manufacturer and the largest integrated battery maker in Europe–joined the political […]
An Electrifying Connection: BMW, Ford and Honda form ChargeScape
Toronto, Ontario – BMW, Ford and Honda have recently sparked a new venture: ChargeScape, a joint company focused on optimizing electric vehicle grid services. In an announcement made this past week by the three automakers, BMW, Ford and Honda have outlined their upcoming efforts to help manage energy usage across the United States and Canada. […]
Meet the Speakers: Joseph Chung, Call2Recycle, to cover EV battery logistics at free event in Toronto, Aug. 23
Toronto, Ontario — We’re less than two weeks out from the highly anticipated EV Tour Toronto, hosted by Collision Repair magazine and Fix Network. This week we’re shining a spotlight on the electric vehicle experts set up to speak at the FREE event on Aug. 23 at Fix Network’s Milton, Ont. headquarters. EV batteries are […]
Handle With Care: Suppliers Partnership publishes EV battery handling, storage guide for dismantlers, bodyshops
Toronto, Ontario — An automotive sustainability advocate recently published a new guidance document for the safe handling and storage of electric vehicle batteries. The Suppliers Partnership For the Environment’s (SP) new “Electric Vehicle (EV) Battery Safe Handling and Storage” report tackles a number of challenges recyclers must face after a battery has been removed from an […]
Bundled up Batteries: Chinese battery developer unveils cold-proof ‘Phoenix cell’ battery
Toronto, Ontario — An EV battery developer based in China believes it has cracked the code to cold-proof batteries with the recent unveiling of the “Phoenix cell”; a new battery capable of heating itself from -20C to 25C in five minutes. Huang Xiangdong, co-founder and chairman of Greater Bay Technology, says that his company’s new […]
