Cheaper European Electric Cars On The Horizon In Australian Trade Talks
A new trade deal between Australia and the European Union (EU) could result in more affordable electric cars, according to a senior government diplomat. Trade Minister Don Farrell, who is currently in Europe to negotiate a deal with the EU,…
Korea’s Cathode Supplier L&F Aims To Make It Big With Anodes
L&F Co., a former LCD backlight unit maker, has long been a stranger even to locals in Daegu, a provincial city 165 km away from Seoul. Many people still don’t know where the company, now South Korea’s leading battery materials maker,…
Dublin Nets Korean Supplier of Heaters for Electric Vehicles
Dublin is the latest Georgia city to win a commitment from a South Korean automotive supplier looking to participate in the state’s burgeoning electric car sector. Woory Industrial Co. Ltd. is set to invest $18 million and hire 130 people in what will be its first…
Global Automotive Lithium-Ion Battery Market Report 2023
Global Automotive Lithium-Ion Battery Market size was valued at USD 40.53 billion in 2021 and is poised to grow from USD 48.19 billion in 2022 to USD 228.87 billion by 2030, growing at a CAGR of 18.9% in the forecast…
EV Prices Likely To Be Slashed In Australia As Part Of EU Trade Talks
The price of high-end electric vehicles could be dramatically reduced for Australian drivers as a result of trade negotiations with the European Union as the federal government mulls slashing the controversial luxury car tax or potentially scrapping it entirely for…
Mid-Michigan Truck Manufactures Invests $16M Into Electric Expansion
A specialty truck manufacturer is making a $16 million expansion into electric trucks with a boost from state dollars for talent recruitment. The Shyft Group, based 25 miles southwest of Lansing in Charlotte, plans to create 680 jobs with the…
Rubio Warns of Rapid EV Transition Consequences
The Biden Administration is failing to educate investors and consumers about the risks of its own policy agenda. Many reports have cautioned that a rapid transition to electric vehicles (EV) could have disastrous consequences for America’s transportation infrastructure, electric grid,…
US Confirms All Tesla Model 3 Vehicles Qualify for $7,500 Tax Credit
The Biden administration confirmed Tuesday that all Tesla Model 3 vehicles now qualify for $7,500 electric vehicle consumer tax credits after two versions saw credits fall in half. In April, new battery sourcing rules went into effect that lowered the…
SK Set To Produce Faster EV Chargers Than Tesla In US
South Korea’s SK Signet Inc. is poised to produce electric vehicle chargers with the fastest charging speed in the US, targeting the ultra-fast charger market dominated by Tesla Inc. The SK Group unit on Monday completed construction on its state-of-the-art manufacturing plant for EV…
AXL Electric Vehicles Unveils The First Canadian EV Brand
AXL Electric Vehicles (AXL), the Canadian automotive company dedicated to revolutionizing the EV industry by making luxury electric vehicles more affordable, is proud to announce the world premiere of its SHARX-5, the company’s new electric mid-size SUV, in Dubai. The…
