Aug 29, 2024 | Batteries, Detroit, Electric Vehicles, Featured
Production at an electric vehicle battery cell plant jointly run by General Motors and Samsung SDI has been delayed as EV sales have slowed in the U.S. The companies finalized their agreement Tuesday to jointly run the new factory in New Carlisle, Indiana, near South...
Jul 22, 2024 | Batteries, Carbon, Featured
A recent innovation in the creation of electric vehicle batteries could potentially reduce the weight of cars and aircraft by up to 50 percent, new reports suggest. The innovation relies on the use of carbon fiber in a new weightless EV battery design, which would...
Jun 13, 2024 | Batteries, Business, Featured
Honda Motor Co. (Honda) and Mitsubishi Motors Corporation (OTCPK:MMTOF) announced plans on Thursday to establish a new 50-50 joint venture company called Altna Co. in July. The new joint venture is based on the memorandum of understanding the two automakers signed in...
Jun 6, 2024 | Batteries, Electric Vehicles, Featured
Electric cars are more expensive than gasoline models largely because batteries cost so much. But new technology could turn those pricey devices into an asset, giving owners benefits like reduced utility bills, lower lease payments or free parking. Ford Motor, General...
May 16, 2024 | Batteries, Electric Vehicles
Lithium-ion battery prices have dropped nearly 90% since 2008, the year that Tesla released its first electric car. Since batteries are the most expensive part of an EV, that’s a big part of the reason that the cars are finally getting close to price parity with gas...
May 8, 2024 | Batteries, Government, US Economy
The U.S. government on Friday loosened some rules governing electric vehicle tax credits, potentially making more EVs eligible for credits of up to $7,500 but leading critics to accuse the Biden administration of helping China. The Treasury Department announced final...
Recent Comments