Hyundai, LG Announce $4.3 Billion Plant In Georgia For Electric Vehicle Batteries
Hyundai Motor Group and LG Energy Solution announced Thursday they will build a $4.3 billion electric battery plant as part of Hyundai’s new electric vehicle assembly plant in southeast Georgia. The companies will split the investment, starting production as soon as late…
Ford Signs Deal To Buy Lithium From Near Salton Sea For Electric-Vehicle Batteries
Ford Motor Company has signed a contract with EnergySource Minerals to obtain lithium hydroxide from its production facilities in Imperial County near the Salton Sea, expected to be fully operational in 2025. The announcement Wednesday by EnergySource didn’t give a…
Equipmake Showcases High-Power-Dense E-axle For Performance EV OEMs At Battery Show Europe
Equipmake, the UK developer and manufacturer of best-in-class electrification products for battery-electric vehicle drivetrains, is showcasing a compact, lightweight, high-power electric drive system for manufacturers of high-performance EVs at Battery Show Europe this week. Held between 23-25 May 2023 at…
The Battery Show Europe Comments On Booming European Battery Market Driven By Electric Vehicles
The Battery market is currently one of the largest growing industries in Europe, largely due to the increase in spending on electric vehicles, valued currently at over USD $250 billion. Europe alone is responsible for 2.3 million plug-in electric vehicle registrations, and…
What The EPA’s New Proposed Rules About Electric Vehicles Mean For Car Buyers
President Biden has witnessed enormous growth in electric vehicle (EV) sales since taking office, with sales tripling and the total amount of available models doubling. For example, over 130,000 public charging stations for electric cars have been deployed across the United States,…
New Autonomous Battery-Electric Trains Are Coming For Your Diesel
Electric trains are commonplace in commuter rail systems, but they have yet to make an impact on the freight shipping business. That is beginning to change. The latest development on the rail electrification front involves the St. Louis, Missouri, company…
Ford Has A Plan To Boost Electric Vehicles In Europe
Last year, Ford reorganized itself into 3 new divisions. Ford Blue will focus on conventional cars with infernal combustion engines. Ford Pro will concentrate on commercial vehicles — which could be either conventional or electric. Ford e is all about…
New electrolyte for lithium-ion batteries performs well in frigid regions and seasons
EMONT, Ill.–(BUSINESS WIRE)–Many owners of electric vehicles worry about how effective their battery will be in very cold weather. Now a new battery chemistry may have solved that problem. In current lithium-ion batteries, the main problem is that the electrolyte is…
NIO And Shell Open First EV Battery Swap Station In Europe
Two years after announcing an initial partnership to implement EV battery swap stations together, NIO and Shell have opened their first station in Europe. The new location joins several swap stations already implemented in China, as both parties look to expand their…
European Commission Delivers €837 Million Spanish Scheme For Electric Car Batteries
Under the Temporary Crisis and Transition Framework, the EU is funding €837 million to produce electric car batteries and improve the industrial chain of electric and connected vehicles. The European Commission is supporting sectors transitioning to the net-zero economy in…
