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LG Energy Solution signs battery cell supply agreement with Aptera and CTNS The company will supply 2170 cylindrical battery cells over seven years for the 'Aptera,' aimed to launch in the U.S. market in 2025 The company secures leadership in the emerging solar EV sector through differentiated technology leadership SEOUL, South Korea, Jan. 10, 2025 /PRNewswire/ -- LG Energy Solution announced today its exclusive partnership to supply cylindrical batteries to Aptera Motors Corp. (Aptera), a pioneering company in the solar Electric Vehicle industry. The agreement follows the signing of a three-party Memorandum of Understanding (MoU) between LG Energy Solution, Aptera, and CTNS, a battery module and pack manufacturer, at CES 2025 in Las Vegas. The three companies will collaborate on battery supply and business development to drive future growth opportunities. Under this MoU, LG Energy Solution will exclusively supply 2170 cylindrical battery cells from 2025 to 2031 to power Aptera's solar EV, the 'Aptera', aimed to launch in the U.S. market in 2025. Key Highlights of the Collaboration: Battery Cell Supply: LG Energy Solution will exclusively supply 4.4GWh of its 2170 cylindrical battery cells to support Aptera's production ramp-up from 2025 onwards. Manufacturing Excellence: CTNS will utilize LG Energy Solution cells to produce high-quality modules and packs, optimized for Aptera's proprietary battery pack design. Seamless Integration: Aptera will integrate these components into its Solar EVs, achieving new levels of efficiency and performance in the EV industry. This cutting-edge design of the solar EV minimizes air resistance for increased energy efficiency, resulting in a driving range of 643 km (400 miles) on a single charge. Its integrated solar panels can power the vehicle for up to 64 km (40 miles) per day and over 16,093 km (10,000 miles) per year. Built with recyclable materials, this eco-friendly vehicle features a lightweight carbon fiber structure and no-welding assembly for maximum cost and production efficiency. The addition of LG Energy Solution's cylindrical batteries offers superior performance and safety. To ensure safety, the batteries utilize high-quality NCMA cathodes enhanced with aluminum and LG Energy Solution's proprietary SRS® (Safety Reinforced Separator) with a ceramic coating. LG Energy Solution has consistently made advancements in cylindrical battery technology, strengthening its position as a leading player in cylindrical batteries for EVs. By 2026, the company aims to significantly expand its product competitiveness and supply capabilities through mass production of the 46-series batteries at its plant in Queen Creek, Arizona. This MoU reaffirms the company's differentiated capabilities in performance, safety, and customer value within the cylindrical battery sector. "As a global leader in battery industry, LG Energy Solution is committed to enabling innovation that shapes the future of mobility," said Glen Choi, head of the Marketing Department at LG Energy Solution. "This partnership with Aptera is a testament to our mission that aims to empower every possibility, supporting the realization of solar-powered transportation while delivering advanced battery technology, ensuring practicality and flexibility for drivers." "This partnership represents a significant milestone in bringing our solar electric vehicles to market with the reliability and performance our customers expect," said Chris Anthony, Co-CEO of Aptera Motors. "LG Energy Solution and CTNS bring unparalleled expertise, and we're excited to work together to power the future of sustainable transportation." "We are thrilled to partner with Aptera and LG Energy Solution as we push the boundaries of innovation in the electric vehicle industry," said Ki-Jeong Kwon, Chief Executive Officer of CTNS. "This strategic collaboration will not only strengthen Aptera's production capabilities but also marks a pivotal milestone in CTNS's journey to become a leading manufacturer of advanced batteries in the United States, furthering our commitment to building a sustainable future through smart green technology." About LG Energy Solution LG Energy Solution (KRX: 373220), a split-off from LG Chem, is a leading global manufacturer of lithium-ion batteries for electric vehicles, mobility, IT, and energy storage systems. With 30 years of experience in revolutionary battery technology and extensive research and development (R&D), the company is the top battery-related patent holder in the world with over 58,000 patents. Its robust global network, which spans North America, Europe, and Asia, includes battery manufacturing facilities established through joint ventures with major automakers. Committed to building sustainable battery ecosystem, LG Energy Solution aims to achieve carbon neutrality across its value chain by 2050, while embodying the value of shared growth and promoting diverse and inclusive corporate culture. To learn more about LG Energy Solution's ideas and innovations, visit https://news.lgensol.com. About Aptera Motors Corp. Aptera Motors Corp.® delivers the world's most technologically advanced solar electric vehicles (sEVs), made possible by breakthroughs in solar technology, battery efficiency, aerodynamics, material science, and manufacturing. Aptera is the first in a series of eco-friendly vehicles that the company plans to offer for consumer and commercial use. Its flagship vehicle, the Launch Edition, offers up to 400 miles per charge plus the ability to travel up to 40 miles a day on free power from its integrated solar panels. With only six key body components, Aptera's unique shape allows it to slip through the air using far less energy than other electric and hybrid vehicles today. To learn more, visit https://aptera.us
Reduced Package and Enhanced Performance: Achieved through modularizationof refrigerant and coolant components Improved Driving Range: Utilizes a parallel heat source recovery method that harnesses both battery waste heat and external air heat sources Thin HVAC Technology: Increases passenger legroom by reducing HVAC system size by 30%. SEOUL, South Korea, Aug. 8, 2024 /PRNewswire/ -- Hanon Systems (KS:018880), a leading global automotive thermal management supplier for electrified mobility, has announced the development of the world's first 4th generation heat pump system, a key thermal management component for electric vehicles (EVs). The 4th generation heat pump system has been commercially available since July. The company's 4th generation heat pump system is the first to employ a parallel heat source recovery method, utilizing waste heat from the motor and battery as well as heat from external air. The recovered heat is used for both heating and cooling, as well as battery temperature management, significantly enhancing EV driving range. This modular heat pump system incorporates multiple new features that represent patented or patent pending technologies, demonstrating the thermal management leadership of Hanon Systems. The system integrates the Refrigerant Control Module (RCM) and the Coolant Control Module (CCM) into a unified control unit, allowing comprehensive management of the entire thermal system. Subu Nagasubramony, co-CEO of Hanon Systems, stated, "By continually refining our heat pump system design to improve efficiency and reduce power consumption requirements, Hanon Systems has contributed to extending EV driving range. As the world's second-largest thermal management company, we will continue to strive for 'lightweight' and 'high-efficiency' components through continuous innovation." Hanon Systems pioneered the mass production of heat pump systems with waste heat recovery in 2015. The second generation system, launched in 2018, added battery thermal management functions, making it the first integrated thermal management system to enhance EV driving range. The third generation, developed in 2021, was applied to the client's EV-dedicated platform and was the first to incorporate an 800V electric compressor, significantly reducing EV charging times. This 4th generation heat pump system was first implemented in the Kia EV3 in South Korea, and the company will expand production to the U.S. and Europe. Yoon Ho Wang, Vice President of AP Innovation Center, Hanon Systems Research Institute, said, "Through close collaboration with our client, we were able to proactively develop the world's first new technology, and we are pleased to contribute to improving the driving experience of our customers' electric vehicle users. Additionally, Hanon Systems has introduced Thin HVAC (Heating, Ventilation, and Air Conditioning). technology, a world first. Thin HVAC, as the name suggests, refers to a 'reduced' HVAC system. By reducing the overall HVAC system size by approximately 30%, it minimizes the exposure of the HVAC system area under the cockpit (dashboard component module), providing more legroom for passengers. This technology also ensures a comfortable and pleasant driving experience. About Hanon Systems Hanon Systems is a full-line supplier of automotive thermal and energy management solutions for electrified and conventional vehicles. Its offering includes a wide range of solutions in the areas of heating ventilation and air conditioning; powertrain cooling; compressor; fluid transport; and electronics and fluid pressure. The company currently operates 50 manufacturing sites and three regional innovation centers, and employs more than 20,000 people across 21 countries. To learn more, visit hanonsystems.com. Follow Hanon Systems: LinkedIn: https://www.linkedin.com/company/hanonsystems YouTube: https://www.youtube.com/channel/UC6bSZ7NMg7LPhXDyTOMwebQ/feed
TIANJIN, China, June 27, 2024 /PRNewswire/ -- On June 20th, AIMA made a notable presence at the 2024 World Intelligent Industry Expo with the launch of the AIMA Q7 official product under the theme "Intelligent Flagship, Born for Family". The 2024 World Intelligent Industry Expo showcases the latest artificial intelligence technology and industrial advancements globally. This is the second consecutive year that AIMA has been invited to participate in the expo. This event held great significance within the global intelligent industry landscape, as AIMA showcased its pioneering single electric vehicle product, asserting its leadership in the industry. Additionally, the expo served as a platform for AIMA to communicate its visionary approach to intelligent transportation, presenting its significant achievements and outlining plans for an intelligent future, garnering attention on a global scale. Chic Technology Pioneers the Industry AIMA Redefines Intelligent Mobility with Advanced Products During the AIMA Q7 product launch, Mo Xuan, Chief Brand Officer of AIMA Technology Group Co., Ltd, underscored AIMA's commitment to crafting exceptional vehicles for every family travel. With its sleek design, Pantone color, comfortable ride, TCS safety tech, and intelligent features, AIMA Q7 embodies the essence of home and travel, epitomizing AIMA's brand ethos while showcasing the brand's profound exploration and fusion of beauty, fashion, and technology. Mo Xuan, Chief Brand Officer of AIMA Technology Group Co., Ltd, proudly presents AIMA Q7. "Transforming Intelligent Two-Wheeled Electric Vehicles," as described by Xiao Bing, Chief of Research and Development at AIMA Technology Group Co. Ltd, showcases how AIMA's flagship intelligent vehicle, AIMA Q7, embodies a true evolution in intelligence. Through the seamless integration of intelligent interaction terminals, intelligent riding terminals, and intelligent ecological interconnection, AIMA Q7 establishes a perfect closed loop of innovative experiences. By leveraging advanced technologies such as lead-acid BMS, self-developed full-stack controllers, 4G&BeiDou applications, and multiple intelligent driving modes, AIMA continues to set the standard in the industry for advanced products. Embedded within AIMA's vision and strategic plans is an unwavering dedication to user-centric principles, a commitment to scientific and technological innovation, and a resolute action to dispel doubt. Within these pursuits, we witness the commitment and responsibility of an industry leader, as well as a warm and compassionate approach that is both forward-thinking and technologically advanced. AIMA's endeavors bring joy and love to users across the globe. AIMA Q7 appeared at the 2024 World Intelligent Industry Expo
TAIPEI, June 21, 2024 /PRNewswire/ -- Delta, a global leader in power management and a provider of IoT-based smart green solutions, today announced the establishment of a joint innovation laboratory with Texas Instruments (TI), a global semiconductor leader. With TI's innovative technologies and ample experience in digital control and gallium nitride (GaN) and Delta's core competence in high-efficiency power electronics, the joint lab will not only deepen the long-term relationship between the two companies, but also enhance the power density and performance of Delta's own EV power systems, to ultimately strengthen its core competitiveness in the field of electric vehicles (EV). James Tang, Executive Vice President of Mobility at Delta and Head of its Electric Vehicle Solutions Business Group, stated, "Delta has been developing high-efficiency automotive power products, systems and solutions since 2008 to help reduce transportation-related carbon emissions. Through the establishment of this joint innovation laboratory with TI, Delta intends to leverage TI's abundant experience and advanced technology in digital control and GaN to enhance the power density and performance of our EV power systems. With more leading-edge product development and design capabilities, we aim to achieve closer technology exchange and collaboration to accelerate product development and improve product safety and quality. We look forward to furthering our technology leadership and creating a win-win situation in the rapid developing electric vehicle market." "The transition to electric vehicles is key to helping achieve a more sustainable future, and through years of collaboration with Delta Electronics, we have a solid foundation to build upon," said Amichai Ron, senior vice president for Embedded Processing at TI. "Together with Delta, we will use TI semiconductors to develop EV power systems like onboard chargers and DC/DC converters that are smaller, more efficient and more reliable, increasing vehicle driving range and encouraging more widespread adoption of electric vehicles." In response to the era of software-defined vehicles (SDV), Delta has built up joint labs with several international semiconductor companies that focus on automotive power electronics and digital control, to meet the future innovation and higher requirements for power efficiency and safety in next generation EVs. The joint innovation lab with TI is expected to accelerate development and full validation of Delta's automotive products to help international car manufacturers develop key architectures and layouts for next-generation EVs with better product quality than the competitors. About Delta Delta, founded in 1971, is a global leader in switching power supplies and thermal management products with a thriving portfolio of smart energy-saving systems and solutions in the fields of industrial automation, building automation, telecom power, data center infrastructure, EV charging, renewable energy, energy storage and display, to nurture the development of smart manufacturing and sustainable cities. As a world-class corporate citizen guided by its mission statement, "To provide innovative, clean and energy-efficient solutions for a better tomorrow," Delta leverages its core competence in high-efficiency power electronics and its ESG-embedded business model to address key environmental issues, such as climate change. Delta serves customers through its sales offices, R&D centers and manufacturing facilities spread over close to 200 locations across 5 continents. Throughout its history, Delta has received various global awards and recognition for its business achievements, innovative technologies and dedication to ESG. Since 2011, Delta has been listed on the DJSI World Index of Dow Jones Sustainability™ Indices for 13 consecutive years. Delta has also won CDP with double A List for 3 times for its substantial contribution to climate change and water security issues and has been named Supplier Engagement Leader for its continuous development of a sustainable value chain for 7 consecutive years. For detailed information about Delta, please visit: www.deltaww.com
HONG KONG, Feb. 28, 2024 /PRNewswire/ -- The Hong Kong Polytechnic University (PolyU) hosted the "Launch Ceremony of Research Centre for Electric Vehicles cum Forum on Intelligent EV and Energy for Carbon Neutrality" on campus on 26 Feb, in the presence of approximately 350 staff and students, together with leaders from government, innovation and technology, energy and academic sectors. The Research Centre for Electric Vehicles (RCEV) is led by its Director, Prof. C.C. CHAN, who is widely recognised as the "Father of Asian Electric Vehicles", an Academician of the Chinese Academy of Engineering and Distinguished Chair Professor of the PolyU Department of Electrical and Electronic Engineering. The Research Centre aims to develop a cutting-edge research platform to address energy and technical challenges presented by modern electric vehicles. Prof. SUN Dong, Secretary for Innovation, Technology and Industry, HKSAR Government; and Mr Neil Bush, Founder and Chair of the George H. W. Bush Foundation for U.S.-China Relations, delivered opening remarks. Together with Prof. Jin-Guang TENG, PolyU President and Prof. C.C. CHAN, RCEV Director, they congratulated the University on the establishment of the Centre. Prof. Sun Dong said, "The establishment of this new university-level research centre marks a significant step forward in guiding Hong Kong's future direction to attain zero vehicular emissions. By addressing the technical challenges associated with modern electric vehicles, RCEV will provide critical technological solutions that will drive the development and adoption of EVs in Hong Kong and beyond. I am fully confident that RCEV will provide great stimulation to the industry through technological breakthrough." Mr Neil Bush said, "As an electric vehicle driver for five years and a supporter of environmental protection, I congratulate The Hong Kong Polytechnic University on the establishment of the Electric Vehicle Research Centre. Just as the automobile revolution is deepening, the establishment of this centre will have far-reaching impacts. Electric vehicles are not only a means of transportation, they will promote smart transportation, smart energy, smart networks, smart cities, and smart societies. Prof. C.C. Chan's recent book on 'The Integration of Energy, Transportation, Information, and Humanities – The Renaissance of Digital Technology' was published by top publisher Elsevier and laid down the foundation of theory and practice for sustainable development." Prof. Jin-Guang Teng stated, "As a leading institution in research and innovation, PolyU has always been at the forefront of addressing societal challenges. The establishment of the Research Centre for Electric Vehicles serves to further our contribution to this important field. The work of the Research Centre will embrace electric vehicle technologies, intelligent transportation systems, and energy management.This holistic approach will result in enhanced energy efficiency, environmental benefits, and the creation of new business opportunities." At the Launch Ceremony, Memorandums of Understanding were signed between the RCEV, and China Power International Development Limited and Wisdom Motor (HK) Limited respectively. These aim to initiate actions in line with the Hong Kong Innovation and Technology Development Blueprint and Outline Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area, so as to contribute to the development of the Hetao Shenzhen-Hong Kong Science and Technology Innovation Co-operation Zone and the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone. As well as Prof. C.C. Chan, a number of distinguished guests delivered keynote speeches at the Forum. They were Mr Peter Major, Chair of the UN Commission on Science and Technology for Development and Honorary Chairman of the World Digital Technology Academy; Prof. Yin-biao SHU, Immediate Past President of the International Electrotechnical Commission and President of Chinese Society for Electrical Engineering; Dr Gan SONG, Director of Advanced Technology R&D Department of BYD; Mr Joseph LAW, Managing Director of CLP Power Hong Kong; and Mr Eric PANG, Director of the Electrical and Mechanical Services Department, HKSAR Government. Prof. C.C. Chan emphasised that it is an opportune time to capitalise on the massive opportunities in electric vehicle research and education. The establishment of the RCEV is geared towards nurturing innovative electric vehicle talents to benefit the Greater Bay Area and the world, while enhancing collaborative efforts with enterprises in mainland China and Hong Kong. The Centre will focus on cutting-edge research on electric vehicles and the friendly interaction between electric vehicles, power grids and 5G networks. It is also set to develop a platform to foster industry-university-research collaboration, thereby catalysing the industrialisation of research outcomes that help achieve higher efficiency, security, reliability and intelligence in electric vehicle technologies. In his closing remarks at the Forum, Prof. Christopher CHAO, PolyU Vice President (Research and Innovation) and Director of the Policy Research Centre for Innovation and Technology (PReCIT), mentioned that PolyU has been paying strong attention to carbon neutrality and is leading in securing Green Tech Fund and Environment and Conservation Fund among all local institutions. PReCIT is pleased to co-organise the event and join the forum. It has also recently secured a Public Policy Research Fund to study hydrogen fuel cell vehicle and electric vehicle related policies. PolyU would continue to strive for excellence in education, research and knowledge dissemination, thereby making significant contributions to the progress of the Nation, while also journeying toward a more sustainable future and achievement of the goal of carbon neutrality. For more photos, please visit https://polyu.me/3TgtBHw.
JAKARTA, INDONESIA - Media OutReach Newswire - 15 February 2024 - VinFast Auto today debuts the company's first range of right-hand drive electric vehicles at the Indonesia International Motor Show (IIMS) 2024. Indonesia's President, Joko Widodo, made a notable appearance at the event and autographed the VF 5 showcased in VinFast's booth. The official launch in the Indonesian market, marked by this event, signifies the next step in VinFast's global expansion and underscores its dedication to fostering sustainable transportation locally and globally. At IIMS 2024, VinFast displays the VF 5, VF e34, VF 6, VF 7, VF 8, and VF 9 models, ranging from A-SUV to E-SUV segments. With the main message of VinFast's exhibition being "Living Unbound", the company aims to offer more sustainable transportation offerings and inspire Indonesian consumers to explore the limitless potential of a modern and sustainable transportation future. Indonesia is the first country where VinFast will introduce right-hand drive electric vehicles, illustrating the company's advanced manufacturing capabilities and determination to develop electric vehicles and bring green transportation to all markets. VF 5, VF e34, VF 6, and VF 7, belonging to segments A to C, are slated to be the first electric vehicle models to launch in Indonesia. VinFast's vehicles have a modern, youthful design, are integrated with advanced technology to meet the diverse needs of many consumers, and offered with flexible sales and outstanding after-sales policies, making sustainable transportation more accessible to everyone. To ensure convenient charging, VinFast will partner with local suppliers to establish a nationwide charging network. This ambitious plan will enable seamless electric mobility for Indonesian customers, significantly boosting sustainable transportation adoption in the market. Mr. Tran Quoc Huy, VinFast Indonesia CEO, said: "VinFast is proud to participate in IIMS 2024 and introduce smart, eco-friendly vehicles, empowering Indonesian consumers with diverse choices for sustainable mobility. We are confident that VinFast's comprehensive electric mobility platform will make electric vehicles more accessible to everyone, serving as a catalyst for the country's transition to clean energy." Driven by a long-term vision for sustainable transportation, VinFast, as previously announced, will build a local electric vehicle manufacturing plant in Indonesia with a projected capacity of 50,000 cars per year. VinFast's planned factory is expected to create thousands of jobs and contribute to the development of a robust domestic electric vehicle industry. When operational, the plant will also represent a key link in VinFast's global electric vehicle supply chain. Hashtag: #VinFastThe issuer is solely responsible for the content of this announcement.About VinFast VinFast (Stock code: VFS) – a member of Vingroup – envisions driving the advancement of the global smart electric vehicle revolution. Established in 2017, VinFast owns a state-of-the-art automotive manufacturing complex with globally leading scalability that boasts up to 90 percent automation in Hai Phong, Vietnam. Strongly committed to the mission of a sustainable future for everyone, VinFast constantly innovates to bring high-quality products, advanced smart services, seamless customer experiences, and pricing strategy for all to inspire global customers to jointly create a future of smart mobility and a sustainable planet. Learn more at: https://vinfastauto.id.
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Electric Vehicles
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