EVs: Page 15
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EV battery plant construction booms even as automakers hit the brakes
The U.S. may need 60 billion batteries and 40 large-scale gigafactories to meet EV demand in 2030, one expert said.
By Sebastian Obando • Feb. 21, 2024 -
Fisker stock is at risk of delisting
The EV startup has six months to boost its share price above $1 per share to stay on the New York Stock Exchange.
By Michael Brady • Feb. 20, 2024 -
Infrastructure law may increase transportation’s GHG emissions as states spend more on highways
The White House is also expected to delay the transition to EVs in a revision to the Environmental Protection Agency's proposed emissions regulation.
By Dan Zukowski • Feb. 20, 2024 -
Ionna appoints former chief engineer of Electrify America as CEO
The company, which received regulatory approval this month to begin operations, plans to install a minimum of 30,000 EV chargers in North America.
By Eric Walz • Feb. 20, 2024 -
Dealers reimbursed $135M for clean vehicle tax credits since Jan. 1
The Clean Vehicle Tax Credit offers consumers the option of a point-of-sale discount of $7,500 for the purchase of qualifying vehicles.
By Eric Walz • Feb. 16, 2024 -
Continental to ‘streamline’ R&D staff amid corporate overhaul
The automotive supplier also plans to develop new technologies for software-defined vehicles.
By Michael Brady • Feb. 16, 2024 -
Stellantis to produce EV drive modules in Hungary
The modules, which combine an electric motor, reduction gearset and inverter into a single unit, should begin production in late 2026.
By Eric Walz • Feb. 15, 2024 -
Panasonic, Novonix sign synthetic graphite supply deal
The deal will help the battery maker as it opens its Kansas factory, which is expected to supply automakers like Tesla and Mazda.
By Kate Magill • Feb. 15, 2024 -
Rivian names former Meta, Amazon exec as marketing head
The move comes weeks before Rivian launches the R2, the automaker’s smaller, more affordable electric crossover.
By Michael Brady • Feb. 14, 2024 -
Vehicle dependability slips after 3 years of ownership: JD Power
The study found a decline in long-term dependability for two-thirds of the vehicle brands analyzed.
By Eric Walz • Feb. 13, 2024 -
Courtesy of BYD.
BorgWarner inks manufacturing deal with BYD subsidiary
The auto supplier will use FinDreams Battery’s LFP battery pack design and manufacturing process in Europe, the Americas and parts of the Asia-Pacific region.
By Sara Samora • Feb. 13, 2024 -
Joint venture EV charging network Ionna begins operations
The firm, which seven leading automakers support, plans to install at least 30,000 high-powered public chargers in strategic locations throughout North America.
By Eric Walz • Feb. 13, 2024 -
GM hires former Tesla exec to lead EV battery strategy
Kurt Kelty was heavily involved in creating Tesla’s first Gigafactory and has been working on lithium-ion batteries since he worked at Panasonic in 1993.
By Michael Brady • Feb. 9, 2024 -
GM Envolve to offer FreeWire EV charging to fleet customers
The automaker’s fleet, delivery and energy operation aims to streamline the vehicle electrification process for its customers.
By Brian Martucci • Feb. 9, 2024 -
EU passes domestic clean energy act, trailing US supply chain and climate bills
The European Commission agreed to the Net-Zero Industry Act to increase domestic manufacturing, following similar domestic production acts passed by the U.S.
By Lamar Johnson • Feb. 8, 2024 -
Toyota investing $1.3B for EV production in Kentucky
The automaker will install a battery pack assembly line at the Kentucky plant and build a new three-row electric SUV for the U.S. market starting in 2025.
By Eric Walz • Feb. 8, 2024 -
Ford created a secret team to build an affordable EV
The automaker plans to launch multiple EVs based on the platform as part of its revamped electrification strategy, CEO Jim Farley said.
By Eric Walz , Michael Brady • Feb. 8, 2024 -
Toyota reports strong earnings as hybrid sales boom
The automaker also raised its full-year guidance.
By Michael Brady • Feb. 7, 2024 -
GM, LG Chem ink $19B cathode material supply deal
The South Korea-based chemical maker will supply the automaker with enough CAM to power five million EVs.
By Ben Unglesbee • Feb. 7, 2024 -
Energy Department opens battery R&D funds for sodium-ion
The $15.7 million will also go towards projects using smart manufacturing technologies to lower the cost of battery production.
By Joelle Anselmo • Feb. 6, 2024 -
Volkswagen launches in-house AI company
The lab will create vehicle infotainment and navigation products, collaborating with tech companies across China, Europe and North America.
By Eric Walz • Feb. 6, 2024 -
January sales roundup: Automakers see annual gains, but Hyundai, Kia lag
Honda, Mazda and Subaru posted strong sales figures, avoiding a post-holiday slump.
By Michael Brady • Feb. 2, 2024 -
Volkswagen Group names new CTO for China
The Volkswagen brand will also combine its new mobility and technical development divisions.
By Michael Brady • Feb. 1, 2024 -
Tesla installing $500M supercomputer to train AI at gigafactory
The New York facility's Dojo supercomputer will process massive amounts of data to support Tesla's autonomous driving program.
By Eric Walz • Feb. 1, 2024 -
Toyota sees first annual sales increase in 2 years
The automaker sold 11.2 million vehicles worldwide in 2023, a 7.2% year-over-year increase.
By Michael Brady • Jan. 31, 2024