Cleantech & EV’s

Geely is buying into NIO’s battery swap network. NIO announced definitive agreements on Sunday that hand a Geely Holding subsidiary 30% of NIO Power, the unit running its swap stations and chargers, at a post-money valuation of about RMB16 billion ($2.4 billion). Most of what Geely is paying isn’t cash. It’s contributing its own commercial battery swap business plus RMB640 million ($94…

Geely says its new AI-powered fast charging system can reverse some of the battery damage caused by fast charging, using micro-pulse currents to add up to 20% more cycle life. Charging a car in under 5 minutes is great, but not if it wears the battery out years early. Geely claims that its ‘Smart Charging’ addresses that and it is using something that sounds like sorcery. A 2.25 MW charger…

BYD revealed the second-generation Seagull inside and out in a series of sketches: a bigger, smarter version of its most affordable EV. When is BYD launching the new Seagull EV? The Seagull, sold as the Dolphin Surf and Dolphin Mini in markets outside China, is BYD’s entry-level electric hatch. In China, the Seagull starts at just 69,900 yuan, or about $10,000. That’s much cheaper than any…

An Intertek lab in the UK found just 3.4 ppm of lithium in a sample of Donut Lab’s “solid-state” battery, and the Finnish startup is now using that result to argue its cell is neither lithium-ion nor sodium-ion. But the report measured just two elements, on a cell Donut Lab took apart itself. And nine months after CES, there’s still no production vehicle running on the battery. A…