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

New vehicle quality is getting worse. Blame technology, J.D. Power says.

As automakers launch more high-tech vehicles, reported problems have reached a record high, according to J.D. Power’s 2023 Initial Quality Study.

By Eric Walz • June 23, 2023

EPA withdraws controversial EV credits from biofuels rule, potentially costing automakers billions

The U.S. Environmental Protection Agency pulled the electric vehicle proposal because it was concerned the rule would face legal challenges.

By Michael Brady • June 23, 2023

Ford, SK On secure up to $9.2B in loans from DOE

The loan will help finance construction of the companies’ three joint venture battery plants. 

By Megan Ruggles • June 23, 2023

Mazda, Panasonic discussing long-term EV battery deal

If the companies reach an agreement, Panasonic will manufacture cylindrical lithium-ion batteries for Mazda in North America and Japan starting in 2025.

By Eric Walz • June 22, 2023

Hyundai to invest $85B in EVs by 2030

The company also boosted its electric vehicle sales target to 2 million units annually by the end of the decade.

By Eric Walz • June 22, 2023

Renault Group CEO Luca de Meo to lead EV-spinoff Ampere

The subsidiary aims to lower EV costs by 40% per vehicle by 2027 and develop new battery technologies and software-defined vehicle architecture.

By Michael Brady • June 21, 2023

Stellantis forms semiconductor joint venture with Foxconn

SiliconAuto will supply chips for the next generation of the automaker’s software-based vehicle platforms starting in 2026.

By Eric Walz • June 21, 2023

Rivian customers to gain access to Tesla’s Supercharger network beginning in 2024

And in 2025, all Rivian electric vehicles will come with Tesla’s North American Charging Standard plug.

By Eric Walz • June 20, 2023

Volkswagen subsidiary PowerCo to use new cost-saving process for manufacturing EV batteries

The dry coating method for manufacturing electric-vehicle batteries could save the automaker hundreds of millions of dollars a year and reduce energy consumption by as much as 30%.

By Eric Walz • June 20, 2023

Industry standards are essential to EV adoption in the US: ANSI report

A new roadmap from the American National Standards Institute lays out dozens of recommendations to support the widespread deployment of electric vehicles.

By Eric Walz • June 16, 2023

Ford and GM execs have lingering questions about the Inflation Reduction Act

Automakers are anxiously awaiting further federal guidance on how to ensure their vehicles qualify for EV consumer tax credits.

By Kate Magill • June 16, 2023

Will Stellantis use Tesla’s EV charging standard? It’s thinking about it.

The automaker is evaluating whether to adopt the North American Charging Standard after Ford and General Motors struck deals with Tesla to use its Supercharger network.

By Michael Brady • June 15, 2023

Toyota revamps its EV strategy as competition and government mandates mount

The automaker’s plans include developing solid-state, lithium-ion batteries for future electric vehicles with driving ranges over 600 miles.

By Eric Walz • June 14, 2023

Global EV sales to reach 700M units by 2040: BloombergNEF

The report predicts that total electric vehicle sales across all segments could reach a cumulative $8.8 trillion by 2030.

By Eric Walz • June 14, 2023

DOE announces $192M for battery recycling, says lithium storage market could grow tenfold by 2030

Rapid growth in the lithium battery market is being driven by the growing adoption of electric vehicles and the need for stationary storage, the U.S. Department of Energy said.

By Robert Walton • June 14, 2023

Ford opens its $2B electric vehicle factory in Cologne, Germany

Ford converted the 90-year-old factory to produce its next-generation EVs for the European market, including an electric version of the popular Explorer SUV.

By Eric Walz • June 13, 2023

GM, Samsung SDI to build $3B battery cell plant in Indiana

With the latest investment, the automaker will spend over $4 billion to expand its operations in the state.

By Sara Samora • June 13, 2023

Toyota to invest $50M in new Michigan battery lab

The facility, expected to open in 2025, will evaluate batteries for the automaker’s electric and hybrid vehicles sold in North America.

By Eric Walz • June 12, 2023

7 trends transforming the automotive industry

Technology is reshaping how car makers design, build, sell and service vehicles as they shift to electrification, boost domestic manufacturing and develop new hardware and software partnerships.

By Eric Walz • June 12, 2023

GM invests over $1B to boost EV battery production

The automaker and its joint venture partner POSCO Future M want to increase the production of cathode active material.   

By Eric Walz • June 6, 2023

Toyota to launch its first US-assembled battery-electric SUV

To help with production, the automaker will invest another $2.1 billion in its North Carolina EV battery factory.

By Eric Walz • June 1, 2023

Stellantis inks development deal with lithium-sulfur battery maker

Lyten and the EV maker aim to bring the batteries to market by the second half of the decade.

By Kate Magill • May 31, 2023