Toronto, Ontario – In this week’s electric and autonomous vehicle report, Extreme Vehicle Battery Technologies Corp. plans to stand up to Tesla with their TITAN battery system, LeddarTech announced a partnership with German laser and lighting developer, OSRAM, and a Laval, Quebec-based transportation operator placed the largest single order of Lion Electric school buses ever in North America.
TITAN Weighing In
With competition steadily ramping up in the EV battery market, Extreme Vehicle Battery Technologies Corp. (EVBT) has unveiled its plans for the Ionix Pro “TITAN” series of EV batteries.
With the energy storage systems (ESS) market projected to grow to almost $550 billion by 2035, EVBT is aiming for their TITAN series to put them in direct competition with EV giants like Tesla and their MegaPack battery system.
“As I’ve mentioned before, our Company believes the market for ESS or battery storage will increase exponentially in the coming years,” said EVBT CEO, Bryson Goodwin.
“With the imminent launch of our previously announced Home Smart Wall, we wanted to give the world a little sneak peek into the next series of products we intend to launch this year” continued Goodwin.
Perceiving Progress
In yet another big business move from the global ADAS developer, LeddarTech has announced a partnership with OSRAM, an automotive laser and lighting company based out of Munich, Germany.
This collaboration will see LeddarTech contributing their industry-leading LiDAR technology toward OSRAM’s PERCEPT LiDAR system, “the first flexible solid-state LiDAR platform engineered with a strict focus on industrialization and automotive qualification,” according to the press release.
The two companies say they are seeking to develop “automotive-grade ADAS and eventually fully autonomous driving systems at mass-market pricing.”
“Early in 2017, OSRAM recognized LeddarTech’s promising technological LiDAR approach based on unique software and hardware components and therefore invested $70 million to become a major shareholder,” said Dr Olaf Berlien, CEO of OSRAM Licht AG.
“Since then, we have committed over $70 million more on developing LiDAR products, which has allowed OSRAM to offer LiDAR solutions to Tier 1s and OEMs that meet their cost and performance requirements for mass deployment.”
The Lion’s Share
A transportation operator headquartered in Laval, Quebec has gone the way of electrification and has signed on for an order of 60 all-electric buses from Quebec-based Lion Electric.
Autobus Groupe Séguin plans to integrate 60 brand new Lion Electric school buses into their fleet as part of the largest single electric school bus order to be placed in North America.
The company will receive the first ten buses during the 2021 calendar year and will be used from the start of the 2021-2022 school year, through the seven service centres operated by Autobus Séguin. The remaining 50 buses are expected to be delivered by 2026, permitting the satisfaction of certain conditions.
“We are happy to continue the pioneering tradition established at Autobus Séguin by participating in this current wind of change, and by making this important shift towards the electrification of school transportation. Lion Electric, which will assist us in the transition and integration of these new buses, is an ideal partner for the success of this project. Ultimately, our ambition is to electrify our entire fleet of more than 310 school buses by 2030,” said Stéphane Boisvert, president at Autobus Groupe Séguin.
