EVs: Page 17

  • The internal components of an Ultium Drive electric vehicle motor developed by General Motors.
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    Courtesy of General Motors
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    Samsung, Magna, Allison Transmission invest $25M in Niron Magnetics

    The startup is developing more sustainable and affordable rare earth-free permanent magnets, which can be used for EV motors and other applications, the company says.

    By • Feb. 28, 2024
  • A view of the interior of Nouveau Monde Graphite's battery materials plant in Bécancour, Quebec.
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    Courtesy of Nouveau Monde Graphite
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    Panasonic Energy fortifies battery supply chain with new graphite deal

    Nouveau Monde Graphite is also growing its capacity as more battery companies and automakers secure additional suppliers for their North American supply chains.

    By • Feb. 27, 2024
  • A 2023 Fisker Ocean. Rear three-quarter view.
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    Courtesy of Fisker Inc.
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    EV startups seek alternatives to DTC sales

    Direct-to-consumer car sales aren’t what they used to be, experts say. Are dealers the future for automakers like VinFast and Fisker?

    By Amanda Loudin • Feb. 27, 2024
  • Stellantis CEO Carlos Tavares.
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    Bill Pugliano/Stringer/Getty Images North America via Getty Images
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    Stellantis CEO made over 36M euros in 2023

    Carlos Tavares’ compensation soared 56% year over year, according to the automaker’s 2023 annual report.

    By • Feb. 26, 2024
  • enersys
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    (Photo by John Moore/Getty Images) via Getty Images
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    EnerSys plans South Carolina lithium-ion battery factory

    The plant is part of an agreement with France-based battery maker Verkor, which produces batteries for automaker Renault Group’s premium and Alpine electric models.

    By • Feb. 26, 2024
  • An auto worker at the Volkswagen assembly plant in Tennessee inspects components of the ID4 electric SUV.
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    Courtesy of Volkswagen Group
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    UAW to spend $40M to organize non-union autoworkers and battery plants

    More than 10,000 non-union autoworkers have signed cards since the UAW launched a nationwide organizing drive in December.

    By • Feb. 23, 2024
  • An all-electric Mercedes-AMG EQS 53 4MATIC+ parked.
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    Courtesy of Mercedes-Benz AG
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    Mercedes-Benz delays EV goal amid slowing demand

    Low-cost EV sales are growing faster than more expensive luxury models, a company executive said.

    By • Feb. 23, 2024
  • An LG Energy Solution site.
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    Courtesy of LG Energy Solution
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    LG Energy Solution, WesCEF expand lithium supply deal

    The partnership will supply the battery maker's North American manufacturing sites and produce more IRA-compliant vehicles.

    By • Feb. 22, 2024
  • A Rivian R1T nears undergoes final assembly at the automaker's plant in Normal, Illinois.
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    Courtesy of Rivian Automotive
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    Rivian to lay off 10% of salaried workforce

    A company spokesperson said the hourly manufacturing workers at its plant in Normal, Illinois, would not be affected.

    By • Feb. 21, 2024
  • A red 2022 Jeep Wagoneer SUV on the road with water in the background.
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    Courtesy of Stellantis
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    Stellantis shakes up sales organization in North America

    The reshuffle aims to increase the automaker’s focus on business-to-consumer and business-to-business sales.

    By • Feb. 21, 2024
  • Rendering of Rivian's $5 billion EV manufacturing plant in Stanton Springs, Georgia.
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    Courtesy of Clayco
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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
  • Four 2023 Fisker Ocean models parked.
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    Courtesy of Fisker Inc.
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    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 • Feb. 20, 2024
  • Construction workers build the “Signature Bridge,” replacing and improving a busy highway intersection at I-95 and I-395 on March 17, 2021 in Miami, Florida.
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    Joe Raedle via Getty Images
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    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
  • A photo of Seth Cutler, Ionna's newly appointed CEO.
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    Courtesy of Ionna
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    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 • Feb. 20, 2024
  • A light gray Chevrolet Bolt EV parked outside at a charging station at a Chevrolet dealer in Colma, California.
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    Justin Sullivan via Getty Images
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    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 • Feb. 16, 2024
  • The headquarters of automotive supplier Continental.
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    Courtesy of Continental AG
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    Continental to ‘streamline’ R&D staff amid corporate overhaul

    The automotive supplier also plans to develop new technologies for software-defined vehicles.

    By • Feb. 16, 2024
  • An overhead view of Stellantis' STLA Medium EV platform with the powertrain components highlighted in orange.
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    Courtesy of Stellantis
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    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 • Feb. 15, 2024
  • A rendering of Panasonic's upcoming manufacturing facility in De Soto, Kansas. With green grass, trees, and a building with one car coming out and one going out.
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    Courtesy of SSOE Group.

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    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 • Feb. 15, 2024
  • Three 2022 Rivian R1T electric pickups driving.
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    Courtesy of Rivian Automotive
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    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 • Feb. 14, 2024
  • A man, talking on mobile phone while looking at the car engine on the side of a road.
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    FluxFactory via Getty Images
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    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 • Feb. 13, 2024
  • A rectangle-shaped battery.
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    Courtesy of BYD.

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    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 • Feb. 13, 2024
  • A satellite image of the Earth showing a map of electric vehicle charging locations in the United States.
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    Courtesy of IONNA LLC.
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    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 • Feb. 13, 2024
  • GMC Hummer EVs on the assembly line at General Motors' Factory ZERO EV plant in Detroit, Michigan.
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    Nic Antaya via Getty Images
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    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 • Feb. 9, 2024
  • FreeWire says the cost of installing and operating its DCFC products can be 20% and 70% lower, respectively, compared with other fast chargers, as they do not require electrical infrastructure upgrade
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    Courtesy of FreeWire
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    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
  • A unibody frame of a Jeep Grand Cherokee traveling down an assembly line above a battery cell.
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    Courtesy of Stellantis.

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    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