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Posts Tagged ‘Volvo EV’

Volvo Unveils New XC40 and S40 Concepts

Underlying CMA platform will be shared with Chinese parent Geely.

by on May.19, 2016

This concept will reappear next year as the completely redesigned Volvo XC40.

Volvo is in the midst of a complete brand makeover, and the automaker is giving us a hint of its next move in an aggressive, top-to-bottom product rollout with the unveiling of the new S40 and XC40 concepts.

Both models will mark a significant step forward, but not only for the Swedish automaker. In production, the next-gen Volvo XC40 and Volvo S40 models will ride on the maker’s all-new Compact Modular Architecture which is designed to be shared with Chinese parent Geely. It is, in fact, a key to Geely’s long-term goal to transform itself into a truly global automaker.

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“CMA has helped us to capture something special, something youthful in our new concept cars. They have an energy, a disruptive and engaging urban character that makes them stand out,” said Thomas Ingenlath, Volvo’s senior vice president of design.

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EnerDel Announces New Lithium-Ion Battery Plant

Company says it will be the first mass producer of advanced technology lithium batteries for automobiles in the U.S.

by on Jan.22, 2010

Indiana Governor Mitch Daniels (left) and Ener1 CEO Charles Gassenheimer holding an EnerDel lithium-ion battery.

Lithium-ion battery manufacturer EnerDel will invest $237 million in a new manufacturing plant near its Indianapolis area headquarters in order to meet anticipated demand for batteries used in automotive and other industrial applications.

The news follows a decision by EnerDel’s electric vehicle partner, Think, to establish a U.S. manufacturing facility in Indiana.

Backed by a mixture of private funds and public incentives, which are the current norm in the still moribund public lending markets despite multi-billion dollar taxpayer infusions of cash, the new facility will more than double EnerDel’s U.S. production capacity and create 1,400 new, non-union jobs.

Existing production capacity in what is still a prototype operation by automotive manufacturing standards, is 11,000 lithium-ion battery packs. However, demand is projected to soar during the next several years, if electric vehicles become as popular as environmentalists predict, and regulations and incentives increase the market.

Lithium ion batteries, though expensive, offer more  power and have a longer life than the nickel metal hydride batteries that are used in the third generation Toyota Prius, the most successful electrified vehicle in history. EnerDel produces the batteries from raw materials and equipment produced in Japan and Korea since there is no indigenous advanced battery industry in the U.S.

A large majority of the six-year-old  startup company’s central Indiana workforce is comprised of former employees of various General Motors companies, including Guide, Remy and Delco, storied producers of electronic components, which were severely damaged, downsized or closed as part of the Delphi and GM bankruptcies during the past several years.

Because of this long history, going all the way back to the invention of the electric starter by Charles Kettering for automobiles – an invention that thrust gasoline engines ahead and doomed an earlier generation of electric cars, Indiana seems ideally positioned to become an electric vehicle research and development center, as well as a manufacturing one. The current state rate of unemployment is 10%, about the national average, but some northern counties have much higher rates.

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