Caterpillar Invests in Fisker
Caterpillar Inc.’s venture capital subsidiary has made an unspecified investment in California-based electric vehicle startup Fisker Inc.
The agricultural and heavy-equipment giant reportedly wants access to the solid-state battery technology Fisker is developing. Fisker aims to launch the technology early next decade, which would be several years earlier than targets set by other carmakers and battery suppliers.
Solid-state batteries promise to have more than double the energy density of current lithium-ion units. This would give EVs longer driving ranges and shorter charging times.
Sandy Munro and his team of engineers and costing analysts at Munro & Associates were contacted by UBS Research—an arm of the giant banking and investment firm—and asked whether it was possible to do a teardown and cost assessment of the Chevrolet Bolt EV.
The little car that could still can. And this time as a car that not only gets great fuel economy, but which has ride and handling that makes it more than an econo-box (and its styling is anything but boxy).
The engineers at Munro & Associates have taken a perfectly sound BMW i3 and taken it apart. Completely apart. And they are impressed with what they’ve discovered about how the EV is engineered.