EVs: Page 8
-
Automakers blast EU proposal to make cars more recyclable
The European Union may require automakers to use recycled plastic and help finance the cost of recycling old cars.
By Michael Brady • July 17, 2023 -
Bosch ramps up hydrogen fuel cell production in Germany
Nikola Corp. will use the fuel cell modules to power its Class 8 hydrogen electric vehicle, with North American deliveries expected to start later this year.
By Eric Walz • July 14, 2023 -
Tesla supplier to establish factory in New Mexico
Hota Industrial Manufacturing chose the state for its easy access to Texas and Mexico.
By Sara Samora • July 13, 2023 -
LG plans to double its automotive electronics business to $15.6B by 2030
As modern vehicles become more like smartphones with software, digital displays and connectivity features, companies like LG, Nvidia and Qualcomm are expanding into the automotive sector.
By Eric Walz • July 13, 2023 -
Amazon deliveries made by Rivian EVs surge to 150M
The e-commerce giant has deployed over 5,000 custom Rivian electric vehicles as it works to decarbonize its fleet.
By Alejandra Salgado • July 11, 2023 -
Where IT fits into Formula E racing
Friedemann Kurz, head of information technology at Porsche Motorsport, detailed how IT pros supply real-time data to accelerate racing strategies.
By Lindsey Wilkinson • July 11, 2023 -
Recycling batteries necessary to meet growing EV demand: Guidehouse
Battery recycling could help automakers reclaim up to 98% of key raw materials for battery production, which make up nearly 80% of battery manufacturing costs.
By Eric Walz • July 11, 2023 -
Volkswagen overhauls its charging and energy business
The automaker’s new head of charging and energy, Giovanni Palazzo, will oversee the addition of load management, energy market optimization and energy trading services.
By Michael Brady • July 11, 2023 -
Wolfspeed signs $2B supply deal with Japan-based chipmaker
The shift to electric vehicles and renewable energy has sparked a growing need for more efficient power semiconductors, which supply and regulate electricity, according to the North Carolina-based company.
By Megan Ruggles • July 10, 2023 -
Stellantis unveils global EV platform with driving ranges of up to 435 miles
The STLA Medium electric vehicle platform features a 400-volt electrical architecture and will underpin passenger cars, crossovers and SUVs.
By Eric Walz • July 7, 2023 -
Mercedes-Benz EVs to come with Tesla’s charging port in 2025
The company is the first German automaker to announce the switch to Tesla’s North American Charging Standard plug for its future electric vehicles.
By Eric Walz • July 7, 2023 -
US electric vehicle goals will require up to $127B to install 28M chargers by 2030: NREL
The National Renewable Energy Laboratory expects 30 million to 42 million electric vehicles on U.S. roads in 2030, requiring a rapid infrastructure buildout.
By Robert Walton • July 7, 2023 -
Volkswagen investing over $1B in South America by 2026
The automaker aims to grow its Brazil business 40% by 2027 and launch 15 electric and flex-fuel models in the region by 2025.
By Michael Brady • July 6, 2023 -
Toyota says ‘breakthrough’ in solid-state EV batteries could significantly drop costs
An executive said the new technology would deliver ranges up to 745 miles and halve current battery size and weight.
By Eric Walz • July 6, 2023 -
Faraday Future raises $90M despite production issues
Investors also agreed to move up a previous commitment to invest $15 million in the company.
By Michael Brady • July 5, 2023 -
Energy Department to release $2B in EV manufacturing grants
The grant program will prioritize retooling plants that face closure and help automakers tackle the cost of electric vehicle production.
By Megan Ruggles • June 30, 2023 -
Consumer interest in purchasing EVs, hybrids climbs to 48% in the US: EY
This year’s survey showed the largest increase in interest in electrified vehicles since the survey started publishing it in 2020.
By Eric Walz • June 30, 2023 -
Lordstown Motors receives Nasdaq delisting notice after filing for bankruptcy
Trading for the electric truck startup’s stock will be suspended July 7.
By Eric Walz • June 29, 2023 -
BMW breaks ground on $700M South Carolina battery assembly plant
The factory is part of the German automaker’s $1.7 billion investment to produce fully electric vehicles.
By Sara Samora • June 29, 2023 -
Stellantis launches EV charging service in North America, Europe
The automaker, which owns Alfa Romeo, Dodge, Jeep and Ram, is still evaluating whether to adopt Tesla’s proprietary plug design.
By Michael Brady • June 28, 2023 -
Volvo is latest automaker to adopt Tesla’s EV charging port
The company joins General Motors, Ford and Rivian in switching to Tesla’s electric-vehicle charging plug.
By Eric Walz • June 28, 2023 -
Lordstown Motors files for bankruptcy, sues investor Foxconn
In November 2019, Lordstown Motors secured a $40 million loan from General Motors to purchase GM’s shuttered 6.2-million-square-foot Ohio assembly plant to build the electric Endurance pickup.
By Eric Walz • June 27, 2023 -
GM signs deal with Australian company for key battery materials
The automaker will contribute an $85 million loan toward a new manganese sulfate plant.
By Ben Unglesbee • June 27, 2023 -
Lucid, Aston Martin sign $450M EV powertrain deal
According to the terms of the deal, Lucid will also become a shareholder in the luxury sports car maker.
By Eric Walz • June 26, 2023 -
Hyundai’s Georgia supplier network expands to 9 manufacturers
State officials expect more contract manufacturers to announce sites. The automaker is currently investing $5.5 billion in a Georgia-based EV manufacturing campus.
By Sara Samora • June 26, 2023