New EUR 1.7 Billion Electric Car Battery Plant To Open In Nysa Creating 900 Jobs
The robust health of Poland’s automotive industry has again been highlighted after it was announced that a company owned by Volkswagen had signed a EUR 1.7 billion deal to open a factory in Nysa.Set to create 900 jobs, the plant…
U.S. Steel Starts Up New Electrical Line For EV At Big River Steel
U.S. Steel has started up a new, non-grain oriented electrical steel line for electric vehicles at its Big River Steel mill in Arkansas.The Pittsburgh-based steelmaker, one of the Region’s largest employers, now can make more NGO electrical steel in the…
EV Charging Could Bring Power Grids to Their Knees
With a fully electric global automotive sector due by the middle of the next decade, nuclear energy stands above the rest in terms of the sheer level of power it can produce. But with public sentiments starkly divided between the…
Miner Expanding in Europe Wants More Aid For EV Battery Materials
An Australian miner wants to help Europe challenge China’s dominance of the $143 billion market for electric-vehicle batteries.Talga Group Ltd. aims to play a key role in setting up a European supply chain for EV batteries and reduce local manufacturers’…
Northleaf Commits $200 Million to EVPassport, Open API-Driven Electric Vehicle Charging Platform
Northleaf Capital Partners (“Northleaf”), a leading global private markets investment firm, today announced it has agreed to acquire a controlling stake in EVPassport, Inc. (“EVPassport”), an electric vehicle (“EV”) charging platform company co-founded by Hooman Shahidi (Chief Executive Officer), and…
Kia Unveils Three New Electric Models, Says EV Lineup Will Start at $35,000
Kia just announced plans to greatly expand its all-electric lineup in the near future. We traveled to the company’s global headquarters in Seoul, South Korea, for Kia’s first annual EV Day press conference. During the festivities, Kia showcased three new…
Stellantis Picks Indiana For 2nd US EV Battery Plant
Stellantis announced Wednesday that it would build its second U.S.-based electric vehicle battery plant in Kokomo, Indiana, where the company is already building a similar battery plant. Both facilities are being built as joint ventures with South Korea’s Samsung SDI….
Tesla Taps European Stainless Steel Producer For Long-awaited Cybertruck
Tesla Inc. is sourcing some stainless steel panels for the exterior of its new Cybertruck from Finnish supplier Outokumpu Oyj, which has worked to accommodate the electric vehicle’s unconventional design, according to people familiar with the matter.The materials will be…
Treasury Department Aims To make It Easier To Get $7,500 EV Tax Credit In 2024
A new proposal by the U.S. Department of the Treasury would make it easier for consumers to get a tax credit when buying a new or used electric vehicle, according to tax and energy experts. Its proposed rules, issued Friday,…
Isuzu Electric ute Confirmed, Likely A D-Max EV
In words reported by AutoExpress, Shinsuke Minami, Isuzu’s chief operating officer, told the press at last week’s launch of the facelifted D-Max in Bangkok, Thailand: “Isuzu is actively taking efforts to realise a carbon-neutral society. Going forward, Isuzu plans to…