EVs: Page 21

  • The Cunningham battery energy storage facility in Texas seen from above
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    Courtesy of Acciona Energia
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    Lithium-ion battery prices hit record low, drop 14% from 2022: BloombergNEF

    Prices rose last year for the first time since 2010, then dropped sharply thanks to factors including increased production capacity, the firm said.

    By Diana DiGangi • Dec. 5, 2023
  • Silver Chevy Volt electric vehicles and Opel Amperas come off an assembly line.
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    Bill Pugliano via Getty Images
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    EV sales climb and are on track to be 9% of US new car purchases in 2023: Atlas Public Policy

    U.S. sales of hybrid, plug-in hybrid and battery-electric vehicles reached 17.7% of new light-duty vehicle sales in the third quarter, according to the Energy Information Administration.

    By Robert Walton • Dec. 4, 2023
  • A general view of GMC Hummer EVs on November 17, 2021 at General Motors' Factory ZERO electric vehicle assembly plant in Detroit, Michigan
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    Nic Antaya via Getty Images
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    New IRA guidance limits battery components made in China

    The long-awaited proposed guidelines clarify how the law’s “foreign entity of concern” requirements will impact automakers’ ability to qualify for EV tax credits.

    By • Dec. 1, 2023
  • An image of Hyundai and Kia's Uni Wheel drive system.
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    Courtesy of Hyundai Motor Group
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    Hyundai and Kia unveil ‘Uni Wheel’ in-wheel motor for EVs

    Hyundai and Kia’s Universal Wheel Drive System could be a game changer, with the potential to transform how electric vehicles are made.

    By • Dec. 1, 2023
  • Lion-Electric-electric-vehicle-Joliet-Illinois-factory
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    Courtesy of Lion Electric
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    Lion Electric lays off 10% of workforce

    The electric bus, truck and battery manufacturing startup joins a growing list of companies adjusting plans due to lower-than-expected EV demand.

    By • Dec. 1, 2023
  • The sign for the EPA is pictured.
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    Justin Sullivan/Getty Images via Getty Images
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    Dealerships call on Biden administration to slow EV transition

    A coalition of more than 3,000 dealers wrote a letter to the president saying battery electric vehicles “are stacking up in our lots.”

    By Kalena Thomhave • Nov. 30, 2023
  • An aerial view of Hyundai's new electric vehicle factory in Ulsan, South Korea.
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    Courtesy of Hyundai Motor Group
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    Hyundai to pause construction of its South Korea factory to build EV plant

    With Hyundai investing billions of dollars in electrification, the automaker is focused on starting construction of its new EV factory in Ulsan, South Korea.

    By • Nov. 28, 2023
  • Rivian CEO RJ Scaringe speaks on the right side of a stage in front of a blue backdrop that says, "Electrifying Delivery" above the Rivian logo.
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    Mustafa Hussain via Getty Images
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    Rivian CEO takes over EV maker’s product development

    Top executive RJ Scaringe is expanding his role as former Chief Product Development Officer Nick Kalayjian takes a step back.

    By Kalena Thomhave • Nov. 28, 2023
  • Northvolt engineers inspect a sodium ion battery sample.
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    Courtesy of Northvolt
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    Northvolt develops an advanced sodium-ion battery

    The battery, which does not contain rare earth materials, was validated to have an energy density of over 160 watt-hours per kilogram.

    By • Nov. 27, 2023
  • A white 2023 Ford F-150 Lightning EV is offered for sale at a Ford dealer in Illinois.
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    Scott Olson via Getty Images
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    Ford eases dealer requirements to sell EVs after pushback

    Dealers complained about the financial commitment of the automaker’s Model e EV program, which could be as high as $1.2 million.

    By • Nov. 22, 2023
  • Two employees at Redwood Materials disassemble batteries for recycling.
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    Courtesy of Redwood Materials
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    Toyota to source recycled EV battery materials from Redwood Materials

    The automaker will use recycled materials to produce batteries at its forthcoming North Carolina EV battery manufacturing plant.

    By • Nov. 22, 2023
  • A silver EV battery module being assembled.
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    Courtesy of Ford.

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    Ford resumes Michigan EV battery plant construction — but scaled down

    The slow adoption of EVs made the automaker reevaluate its investments, a Ford spokesperson said.

    By • Nov. 21, 2023
  • The BrightDrop Zevo 400 and Zevo 600 electric delivery vans.
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    Courtesy of BrightDrop
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    GM tightens control over EV delivery startup BrightDrop

    The move brings all of GM’s commercial digital solutions, including BrightDrop Core, into its commercial product and business services unit GM Envolve.

    By • Nov. 21, 2023
  • An LG Energy Solution site.
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    Courtesy of LG Energy Solution
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    LG Energy Solution to lay off 170 in Michigan

    The company said slower-than-expected EV demand contributed to the cuts.

    By • Nov. 20, 2023
  • United Auto Workers President Shawn Fain at the Stellantis Sterling Heights Assembly Plant in Michigan.
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    Bill Pugliano/Stringer/Getty Images North America via Getty Images
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    UAW ratifies labor agreements with Ford, Stellantis

    The United Auto Workers union says 64% of voting members across General Motors, Ford and Stellantis approved the landmark labor agreements.

    By • Updated Nov. 20, 2023
  • A photo of an EVPoint EV charging station.
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    Courtesy of EG Group
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    EG Group buys Tesla hardware for European charging network

    This is the second time Tesla has sold its ultra-fast EV chargers to the convenience store industry. The automaker struck a deal with BP in October.

    By Jessica Loder • Nov. 17, 2023
  • A lithium battery for EVs.
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    SweetBunFactory via Getty Images
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    Energy Department offers $3.5B for battery manufacturing

    The funding from the Bipartisan Infrastructure Law will go towards new, retrofitted and expanded battery and critical mineral production sites.

    By • Nov. 16, 2023
  • United Auto Workers President Shawn Fain speaks to auto workers.
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    Scott Olson/Staff/Getty Images North America via Getty Images
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    UAW members vote to approve GM labor deal despite opposition

    Nearly 55% of autoworkers represented by the United Auto Workers at General Motors voted “yes” to approve the deal, but 13 facilities rejected it.

    By • Nov. 16, 2023
  • Model Y bodies on the assembly line at Tesla's Gigafactory in Texas.
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    Courtesy of Tesla Inc.
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    GM buys gigacasting company with Tesla ties

    Tooling & Equipment International worked with Tesla to streamline vehicle manufacturing before General Motors acquired the company.

    By • Nov. 16, 2023
  • A photo of the exterior of a Buc-ee's location.
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    Courtesy of Buc-ee's
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    Buc-ee’s joins Mercedes-Benz EV charging network

    The initial rollout will include chargers at 30 of the retailer’s travel centers by the end of 2024.

    By Brett Dworski • Nov. 15, 2023
  • A black 2023 Jeep Grand Wagoneer SUV.
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    Courtesy of Stellantis
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    UAW strike had little impact on new car prices, Kelley Blue Book says

    Transaction prices rose significantly for some strike-affected brands such as Chevrolet, Chrysler and Dodge, while Ford, Jeep and Ram saw drops as those brands boosted incentives.

    By • Nov. 15, 2023
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    (Photo by Joe Raedle/Getty Images) via Getty Images
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    Volvo acquires Proterra’s EV battery business

    The automaker purchased the electric bus maker's battery segment three months after the startup declared bankruptcy.

    By • Nov. 15, 2023
  • A worker assembles an engine at Hyundai Motor Manufacturing Alabama.
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    Courtesy of Hyundai Motor Group
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    Hyundai is raising wages 25% by 2028 for production workers

    The pay hikes will impact employees at the automaker’s assembly plant in Alabama and its electric vehicle factory in Georgia, which is under construction.

    By • Nov. 14, 2023
  • The Stellantis sign outside the company’s North American office in Auburn Hills, Michigan.
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    Courtesy of Stellantis
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    Stellantis offers buyouts to 6,400 employees after UAW deal

    The buyout offers are being sent to more than half of the automaker’s 12,700 salaried employees in the U.S. with at least five years of corporate service. 

    By • Nov. 14, 2023
  • A Continental branded tire.
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    Courtesy of Continental AG
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    Continental to lay off thousands of automotive employees in restructure

    The supplier plans to cut automotive spending by over $400 million annually as it restructures its business amid the transition to electric vehicles.

    By • Nov. 13, 2023