Europe Moves to End Reliance on China EVs With €4.4bn Factory Plans
Two of Europe’s largest car makers Stellantis and Mercedes-Benz have raised about €4.4 billion to set up three new electric vehicle (EV) gigafactories across the European Union (EU) in the coming years. The companies said in a press release on…
Stellantis Expects To Add More Gigafactories For Ev Batteries
Stellantis will build more battery-making plants on top of the six facilities it already plans in Europe and North America. The additional capacity will support growing production of EV vehicles, said Stellantis’ head of global propulsion systems, Micky Bly. “We have committed…
Automakers’ Bold Plans for Electric Vehicles Spur U.S. Battery Boom
Many automakers with U.S. operations plan to significantly ramp up production of electric vehicles this decade and, in the process, commit huge capital outlays. Meeting these ambitious manufacturing goals will require batteries—lots of them—as an electric vehicle (EV) can use…
EnPower Opens The United State’s Newest Gigawatt Factory
EnPower, Inc., the US-owned fast-charge battery company, opens its first production facility in Indianapolis. This facility is dedicated to producing next generation American-made lithium-ion batteries, a crucial component of our zero-emission future. The 92,000-square-foot production facility will open with an…
