Latest news with #batterytechnology
Yahoo
a day ago
- Business
- Yahoo
EV Battery Maker Stock Plummets. What's Behind QuantumScape's Volatility.
Shares of solid-state electric-vehicle battery pioneer QuantumScape were down—a lot—on Monday. The decline probably isn't related to any company news or EV policy changes in the U.S. Instead, the stock has been up a lot. QuantumScape stock fell 14.5% to $12.52 a share, while the rose 0.1% and the dropped less than 0.1%. Solve the daily Crossword
Yahoo
2 days ago
- Automotive
- Yahoo
Semi-solid batteries to power affordable Chinese EVs promising 334-mile range
Chinese state-owned auto brand MG Motor is all set to make advanced EV battery technology available to budget car buyers. As part of a media event on Thursday, MG's division general manager Chen Cui announced that the upcoming MG4 electric hatchback will be the world's first budget EV to feature a semi-solid-state battery, a technology until now limited to premium or concept cars. The new MG4 will debut on August 5. The battery, supplied by QingTao Energy, uses only 5% liquid electrolyte, improving safety and stability. MG adds that the model has passed strict safety tests, including a full 360-degree puncture test. MG also claims that in cold temperatures of 19.4°F, the battery retains 13.8% more range than traditional lithium-iron-phosphate (LFP) batteries, a significant advantage for drivers in colder climates, where battery efficiency and range typically decrease. Semi-solid battery boosts range and safety The innovative battery technology that the new MG4 uses combines the advantages of solid-state and traditional liquid batteries by incorporating a semi-solid electrolyte. This design significantly enhances safety, energy density, and durability. Compared to conventional lithium-ion batteries, semi-solid-state batteries lower the risk of overheating and fires while providing longer driving ranges and faster charging times. The battery on MG4 is estimated to deliver a range of 334 miles and has an energy density of 180 Wh/kg, enhancing performance for everyday drivers. The vehicle is equipped with a 70 kWh battery pack that powers a 120 kW electric motor mounted at the rear, offering a rear-wheel-drive setup with a single motor. The MG4's rear-wheel drive and balanced power output may appeal to drivers seeking a sportier and more engaging electric hatchback experience. This configuration could provide better driving dynamics and performance compared to some competitors. For example, the BYD Dolphin's base model uses a front-wheel-drive system with a 70 kW motor, while higher trims offer a more powerful 150 kW motor. Tech upgrades, aggressive pricing to rival competitors The updated MG4 is larger than the previous model and its competitors. It measures about 14.4 feet long and 6 feet wide, with a wheelbase of 9 feet. By comparison, the BYD Dolphin is smaller, at 14 feet long and an 8.9-foot wheelbase. The MG4 is also expected to aggressively complete with the BYD Dolphin in terms of price, as per the announcement made Chen Cui at the event. Furthermore, the new MG4 will also introduce the MG×Oppo cockpit system, created through a collaboration with Oppo. This advanced system seamlessly connects smartphone features to the car's interface, allowing drivers to use voice commands, navigate with gestures, and sync their phone apps for a more connected driving experience. Production of the new MG4 has officially begun at parent company SAIC Motor's state-of-the-art manufacturing plant in Nanjing, China, marking a significant milestone as the group prepares for the model's highly anticipated launch in August. Solve the daily Crossword
New York Times
2 days ago
- Automotive
- New York Times
Chinese Car Giants Rush Into Brazil With Dreams of Dominating a Continent
A two-hour drive beyond the traffic jams of São Paulo, past the vast valleys of sugar cane, one of the first Chinese battery-powered-car factories in the Americas is getting ready to open. Its goal is to reinvent the way Brazil drives, and ultimately, the rest of Latin America, much as Chinese automakers have already done across much of Asia and want to do in Europe. Until recently, this factory was run by Mercedes-Benz, the German giant of 20th century automotive innovation that churned out cars powered by gasoline. Today, it's owned by Great Wall Motor, a company that decades ago made rugged pickup trucks for the Chinese countryside but is now one of China's leading exporters of stylish, affordable electric cars. The change in hands reflects a profound disruption for one of the world's most vital industries. If American and European gas-guzzling cars once dominated global tastes and trends, that era appears to be fast turning to China's favor. Today, not only does China make and export more cars of all types than any other country in the world, Chinese firms dominate the global manufacture of battery-powered vehicles of the future. They also control the supply chain for virtually everything that goes into those cars. Want all of The Times? Subscribe.
Yahoo
4 days ago
- Business
- Yahoo
QuantumScape (QS) Extends Rally for 9th Session Ahead of Q2
We recently published . QuantumScape Corporation (NYSE:QS) is one of this week's top performers. The rally in shares of QuantumScape showed no signs of stopping on Friday, extending gains to a ninth consecutive day to hit another all-time high, as investors continued to place bets ahead of its upcoming earnings performance. Continued investor confidence was primarily driven by the company's announcement last month of a new milestone that would scale up its production capabilities. Called the Cobra separator, the new process is designed to enable faster, more energy-efficient production with a smaller equipment footprint compared to earlier processes. As compared with the prior generation Raptor process, QuantumScape Corporation (NYSE:QS) said Cobra offers a ~25x improvement in heat treatment speed and occupies a fraction of the physical space per film start—both of which are key advantages in the design of a scalable gigafactory production line. Photo by Kumpan Electric on Unsplash Investors will be closely watching out for QuantumScape Corporation's (NYSE:QS) updated outlook for the rest of the year, with a new production process now in full swing. The company is set to release its second quarter earnings results and hold an investor call on Wednesday, July 23, after the market close. While we acknowledge the potential of QS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Business
- Yahoo
QuantumScape (QS) Skyrockets 52% W/W as Production Milestone Bolsters Outlook
We recently published . QuantumScape Corporation (NYSE:QS) is one of this week's biggest players. QuantumScape surged by 51.68 percent in just a week's trading, extending its rally to a ninth consecutive day on Friday to close at $14.64, as investors appeared overly optimistic about its new production milestone, taking the chance to position ahead of its second quarter earnings performance. Continued investor confidence appeared to be driven by the company's announcement last month that it had achieved a new milestone that would scale up its production capabilities. Called the Cobra separator, the new process is designed to enable faster, more energy-efficient production with a smaller equipment footprint compared to earlier processes. As compared with the prior generation Raptor process, QuantumScape Corporation (NYSE:QS) said Cobra offers a ~25x improvement in heat treatment speed and occupies a fraction of the physical space per film start—both of which are key advantages in the design of a scalable gigafactory production line. A line of electric vehicles parked in front of a research & development building in San Jose, California. Investors will be closely watching out for QuantumScape Corporation's (NYSE:QS) updated outlook for the rest of the year, with a new production process now in full swing. The company is set to release its second quarter earnings results and hold an investor call on Wednesday, July 23, after the market close. While we acknowledge the potential of QS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
