Latest Update in Electric Vehicle, Battery, and Charging Sector: Hyundai joins forces with Tesco, AmpUp, RoundTrip EV, Nissan, SK, CarbonScape, InductEV, Honda, Acura, and Wallbox.

Latest Update in Electric Vehicle, Battery, and Charging Sector: Hyundai joins forces with Tesco, AmpUp, RoundTrip EV, Nissan, SK, CarbonScape, InductEV, Honda, Acura, and Wallbox.

California-Based Bus Manufacturer Partners with InductEV for Wireless EV Charging, Hyundai Offers EV Charging Incentives, and More

In the ever-evolving world of electric vehicles (EVs), several significant developments are taking place. Here's a roundup of recent news from the industry:

Wireless EV Charging for Transit Buses

ENC, a California-based bus manufacturer, has joined forces with InductEV to offer wireless EV charging for transit buses. This partnership aims to eliminate range concerns, improve economic efficiency, and provide a more stable solution amid supply chain challenges.

Alternative Graphite Supply for EV Batteries

CarbonScape, a deep-tech company based in the U.S., is addressing supply chain vulnerabilities by expanding into the market. China controls 95% of the global battery-grade graphite supply, but CarbonScape's new patent for converting biochar into battery-grade graphite offers an alternative to traditional mining and synthetic production.

California Certifies Wallbox's Supernova DC Fast Charger

Wallbox's Supernova DC fast charger has received California Type Evaluation Program (CTEP) certification, meeting the state's rigorous standards for accuracy and billing transparency.

SK On's First Supply Deal with a Japanese Automaker

SK On, a South Korean battery manufacturer, has secured its first supply deal with a Japanese automaker. The partnership involves a $661 million investment by SK On, supporting 1,700 U.S. jobs, alongside Nissan's $500 million investment in EV production at the Canton facility.

Hyundai's EV Charging Incentives

Hyundai is offering incentives for EV owners, including free or discounted home Level 2 chargers and Electrify America fast-charging credits for select models. Here's a breakdown of the incentives for 2025 IONIQ 6, 2024 IONIQ 6, and 2024 IONIQ 5 buyers:

• 2025 IONIQ 6 buyers (purchase or lease) receive two years of Electrify America fast-charging credits along with the option of a ChargePoint Home Flex Level 2 charger or a $600 credit toward home charger installation.
• 2025 IONIQ 5 buyers no longer receive two years of complimentary Electrify America charging but can choose between a free Level 2 charger or a $400 credit. This choice must be made within 60 days of purchase or lease, and customers need to create a profile on the Hyundai Home Marketplace to redeem the offer. If choosing the credit, it must be used within two years.
• The 2024 IONIQ 6 and IONIQ 5 programs may differ slightly, but the 2025 IONIQ 6 explicitly retains the fast-charging credit, distinguishing it from the 2025 IONIQ 5 offer.

To redeem the offer, follow these steps:

1. Purchase or lease a qualifying Hyundai EV within the program period.
2. Register and create a profile on the Hyundai Home Marketplace.
3. Select either the physical charger or the credit within the stipulated time frame (e.g., 60 days for the IONIQ 5).
4. If selecting the credit option, redeem it within the allowed period (e.g., two years).
5. For Electrify America credits, these are automatically included for 2025 IONIQ 6 buyers and can be used at public fast chargers within the network during the two-year period.

For the most current details and to initiate the redemption process, visit Hyundai’s official website or directly access the Hyundai Home Marketplace platform. Local Hyundai dealerships can also provide guidance on program enrollment and home charger installation options.

Nissan's EV Strategy Accelerates

Nissan is accelerating its EV strategy, planning to launch 30 new models over the next three years, including 16 electrified vehicles. Starting in 2028, the Canton assembly plant will produce all-new EVs. Nissan has also partnered with SK On for a battery supply agreement, with SK On supplying nearly 100GWh of high-nickel batteries to Nissan from 2028 to 2033.

Battery Electric Vehicles (BEVs) Perform Well in Extreme Temperatures

A study by the U.S. Department of Energy's Argonne National Laboratory confirms that battery electric vehicles (BEVs) can reliably meet typical driving requirements, even in extreme temperatures, despite cold weather reducing range by up to 54% at 0°F.

[1] Hyundai USA (2023). Hyundai EV Incentives for 2025 IONIQ 6, 2024 IONIQ 6, and 2024 IONIQ 5 Buyers. [online] Available at: https://www.hyundaiusa.com/electric-vehicles/ev-incentives.html [Accessed 20 Mar. 2023].

[2] Hyundai Home Marketplace (2023). Hyundai EV Charging Incentives. [online] Available at: https://marketplace.hyundai.com/electric-vehicles [Accessed 20 Mar. 2023].

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2. Personal-finance platforms are offering educational resources about renewable-energy sources to help individuals invest in sustainable, long-term profits.
3. In the fashion-and-beauty industry, high-end brands are focusing on reducing their carbon footprint by using eco-friendly materials in their production processes.
4. Businesses in the food-and-drink sector are engaging in more sustainable practices, such as locally sourcing ingredients and reducing packaging waste for a greener lifestyle.
5. The technology industry is working on developing cybersecurity measures to protect electric-vehicle systems from potential hacking threats, ensuring a safe driving experience.
6. With the rise of electric-vehicles and renewable-energy adoption, the finance sector is exploring innovative ways to offer energy loans and incentives to promote green initiatives.
7. The sports industry is embracing electric-vehicles by collaborating with racing teams for sustainable track transportation, while expanding interests in sports-betting platforms for electric-vehicle racing events.
8. To cater to the changing lifestyle preferences, car-sharing services in the cars sector are transitioning to EV-centric fleets to reduce carbon emissions and promote cleaner transportation.
9. In the lifestyle and home-and-garden sectors, smart technology is being integrated into EV-charging solutions, such as controlling charging times and schedules for optimal energy use during off-peak hours.
10. The weather forecasting technology is refining its predictions to offer more precise and location-specific EV range estimates for drivers, taking into account variables such as weather conditions and elevation.
11. Golf courses across the country are implementing renewable-energy systems to power their facilities and reduce their energy consumption, contributing to a greener carbon footprint.
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