Rio Tinto to acquire Arcadium Lithium in $6.7-billion deal

British-Australian multinational mining and metals company Rio Tinto and global lithium producer Arcadium Lithium, headquartered in Ireland, have made an agreement under which Rio Tinto will acquire Arcadium in an all-cash transaction for $5.85 per share.  The deal will bring Arcadium’s lithium business into Rio Tinto’s portfolio of commodities that Read more

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Eaton collaborates with Munich Electrification on advanced battery configuration switch for EVs

Eaton, a multinational power-management manufacturer, has partnered with German electronics manufacturer Munich Electrification to develop and market a battery configuration switch (BCS) for 400-volt/800-volt dual-string battery packs in EVs. This allows 800 V vehicles to effectively charge via a 400 V charger. Eaton says the new switch simplifies the system Read more

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PowerX partners with Mercedes-Benz to build EV charging network in Japan

Tokyo-headquartered PowerX, a manufacturer of EV charging infrastructure, will lead the rollout and operation of charging stations for Mercedes-Benz High Power Charging Japan, a soon-to-be-established wholly-owned subsidiary of Mercedes-Benz Group that is developing its EV charging network in Japan. PowerX will manufacture and deliver its Hypercharger units and will also Read more

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