EVs: Page 9
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New vehicle quality is getting worse. Blame technology, J.D. Power says.
As automakers launch more high-tech vehicles, reported problems have reached a record high, according to J.D. Power’s 2023 Initial Quality Study.
By Eric Walz • June 23, 2023 -
EPA withdraws controversial EV credits from biofuels rule, potentially costing automakers billions
The U.S. Environmental Protection Agency pulled the electric vehicle proposal because it was concerned the rule would face legal challenges.
By Michael Brady • June 23, 2023 -
Ford, SK On secure up to $9.2B in loans from DOE
The loan will help finance construction of the companies’ three joint venture battery plants.
By Megan Ruggles • June 23, 2023 -
Mazda, Panasonic discussing long-term EV battery deal
If the companies reach an agreement, Panasonic will manufacture cylindrical lithium-ion batteries for Mazda in North America and Japan starting in 2025.
By Eric Walz • June 22, 2023 -
Hyundai to invest $85B in EVs by 2030
The company also boosted its electric vehicle sales target to 2 million units annually by the end of the decade.
By Eric Walz • June 22, 2023 -
Renault Group CEO Luca de Meo to lead EV-spinoff Ampere
The subsidiary aims to lower EV costs by 40% per vehicle by 2027 and develop new battery technologies and software-defined vehicle architecture.
By Michael Brady • June 21, 2023 -
Stellantis forms semiconductor joint venture with Foxconn
SiliconAuto will supply chips for the next generation of the automaker’s software-based vehicle platforms starting in 2026.
By Eric Walz • June 21, 2023 -
Rivian customers to gain access to Tesla’s Supercharger network beginning in 2024
And in 2025, all Rivian electric vehicles will come with Tesla’s North American Charging Standard plug.
By Eric Walz • June 20, 2023 -
Volkswagen subsidiary PowerCo to use new cost-saving process for manufacturing EV batteries
The dry coating method for manufacturing electric-vehicle batteries could save the automaker hundreds of millions of dollars a year and reduce energy consumption by as much as 30%.
By Eric Walz • June 20, 2023 -
Industry standards are essential to EV adoption in the US: ANSI report
A new roadmap from the American National Standards Institute lays out dozens of recommendations to support the widespread deployment of electric vehicles.
By Eric Walz • June 16, 2023 -
Ford and GM execs have lingering questions about the Inflation Reduction Act
Automakers are anxiously awaiting further federal guidance on how to ensure their vehicles qualify for EV consumer tax credits.
By Kate Magill • June 16, 2023 -
Will Stellantis use Tesla’s EV charging standard? It’s thinking about it.
The automaker is evaluating whether to adopt the North American Charging Standard after Ford and General Motors struck deals with Tesla to use its Supercharger network.
By Michael Brady • June 15, 2023 -
Toyota revamps its EV strategy as competition and government mandates mount
The automaker’s plans include developing solid-state, lithium-ion batteries for future electric vehicles with driving ranges over 600 miles.
By Eric Walz • June 14, 2023 -
Global EV sales to reach 700M units by 2040: BloombergNEF
The report predicts that total electric vehicle sales across all segments could reach a cumulative $8.8 trillion by 2030.
By Eric Walz • June 14, 2023 -
DOE announces $192M for battery recycling, says lithium storage market could grow tenfold by 2030
Rapid growth in the lithium battery market is being driven by the growing adoption of electric vehicles and the need for stationary storage, the U.S. Department of Energy said.
By Robert Walton • June 14, 2023 -
Ford opens its $2B electric vehicle factory in Cologne, Germany
Ford converted the 90-year-old factory to produce its next-generation EVs for the European market, including an electric version of the popular Explorer SUV.
By Eric Walz • June 13, 2023 -
GM, Samsung SDI to build $3B battery cell plant in Indiana
With the latest investment, the automaker will spend over $4 billion to expand its operations in the state.
By Sara Samora • June 13, 2023 -
Toyota to invest $50M in new Michigan battery lab
The facility, expected to open in 2025, will evaluate batteries for the automaker’s electric and hybrid vehicles sold in North America.
By Eric Walz • June 12, 2023 -
Deep Dive
7 trends transforming the automotive industry
Technology is reshaping how car makers design, build, sell and service vehicles as they shift to electrification, boost domestic manufacturing and develop new hardware and software partnerships.
By Eric Walz • June 12, 2023 -
GM invests over $1B to boost EV battery production
The automaker and its joint venture partner POSCO Future M want to increase the production of cathode active material.
By Eric Walz • June 6, 2023 -
Toyota to launch its first US-assembled battery-electric SUV
To help with production, the automaker will invest another $2.1 billion in its North Carolina EV battery factory.
By Eric Walz • June 1, 2023 -
Stellantis inks development deal with lithium-sulfur battery maker
Lyten and the EV maker aim to bring the batteries to market by the second half of the decade.
By Kate Magill • May 31, 2023 -
LG Energy Solution, Hyundai to build $4.3B joint battery cell plant in Georgia
The two South Korea-based companies will locate the facility near Hyundai’s upcoming EV campus.
By Sara Samora • May 30, 2023 -
Energy Department cancels $200M Microvast battery grant
The Texas-based battery maker said the decision will not impact its commitment to grow its U.S. manufacturing footprint.
By Sara Samora • May 23, 2023 -
Seventh auto supplier follows Hyundai to Georgia
Seohan Auto Georgia brings auto parts manufacturers' investments in support of the EV campus to nearly $2 billion.
By Sara Samora • April 27, 2023