The Japanese automaker, which has been slow to sell electric vehicles, said it would invest $11 billion to make batteries and cars in Ontario.
General Motors has struggled with electric vehicles and in foreign markets but it is selling lots of combustion engine cars and trucks in North America.
China already has enough battery manufacturing capacity to supply all global EV production, according to Bloomberg New Energy Finance. BNEF estimates to global battery-cell demand for both EVs and energy storage came in at around 950 gigawatt-hours in 2023—but manufacturing capacity was more than twice that, at around 2,600 gigawatt-hours...
La planta de Volkswagen en Zwickau dejó de producir autos Golf y se cambió a los vehículos eléctricos, dejando en evidencia los riesgos y oportunidades para los pueblos y ciudades industriales.
Rimac will provide next-generation battery packs for BMW EVs, the company announced Tuesday in a press release. Full details will be revealed at a later date, but Rimac anticipates "the establishment of sophisticated automated production lines for batteries" at its headquarters near Zagreb, Croatia, with "significant portion" of the site dedicated...
Volkswagen’s plant in Zwickau stopped producing Golfs and switched to electric vehicles, illuminating the risks and opportunities for factory towns and cities.
The automaker said it would delay new battery-powered models and shift its focus to hybrid cars, sales of which are rising fast.
General Motors is negotiating a U.S. battery-supply deal with China's CATL, Car News China reports. GM already works closely with CATL, but that relationship is limited to the China market. The deal reportedly being discussed would bring that partnership to North America in the form of a joint battery plant located in either the U.S. or Mexico...
Trump talked tough, but Biden is wielding a big stick.
Battery supplier CATL is developing faster-charging battery cells for Tesla, according to Bloomberg (via Automotive News). CATL chairman Robin Zeng mentioned this project in an interview with Bloomberg in Hong Kong on Monday, in which he also confirmed that CATL is supplying equipment for Tesla's Nevada battery factory. Zeng also mentioned Tesla's...