A Mercedes-Benz Fire Jolts South Korea’s E.V. Transition
The government is aggressively promoting electric cars. But a dramatic blaze in an underground lot has left some potential buyers worried about safety.
Ford Pulls Back Its Electric Vehicle Push
The automaker said it would invest less in battery-powered cars and scrap a planned electric three-row sport utility vehicle.
Battery maker Northvolt shutting down R&D in California
Swedish battery firm Northvolt is shutting down a research and development facility working on lithium-metal batteries in California and moving all development work to its R&D hub in Vasteras, Sweden, the company said Tuesday. Northvolt had been conducting some development work on lithium-metal battery technology—an alternative to the... EV battery costs dropped 90% in last 15 years
The average price of a lithium-ion battery pack for a light-duty EV has decreased 90% over the past 15 years, the U.S. Department of Energy (DOE) estimates. In 2023, the DOE estimates pack prices averaged $139/kwh on a usable-energy basis for production at scale, meaning at least 100,000 units per year. That's still not quite at the magical... China Battery Tech Reflects Research Boom and Big Spending
Stressing science education, China is outpacing other countries in research fields like battery chemistry, crucial to its lead in electric vehicles.
Porsche gives used Taycan batteries second life powering plant
Used Taycan batteries are helping power Porsche's Leipzig factory in Germany The batteries are from pre-production vehicles that were used for testing Porsche said the batteries provide up to 5 MW of energy After they've degraded too much for continued use in EVs, battery packs still have plenty of usable capacity for stationary energy storage... Agency Votes to Replace Official Accused of Rushing Start of Seabed Mining
The international agency charged with regulating seabed mining elected a U.N. environmental regulator to replace a leader accused of too-close industry ties.
Are Electric Cars Worth the Money?
They can be, but it depends on your driving habits. We break it down for you.
Toyota reportedly building battery plant for Lexus
A new Toyota battery plant is reportedly in the works The Japanese plant would make batteries for Lexus EVs Automakers are pulling back on EV production and targets Toyota plans to build a Japanese EV battery plant for its Lexus luxury brand, the Nikkei business daily reported Friday. Circulated by Reuters, the report said the new battery plant... GM-backed startup promises cheaper, longer-lasting EV batteries
Addionics developed a new foil current collector General Motors' GM Ventures backed Addionics with funding Addionics plans to build a factory in the U.S. A startup aims to make EV batteries cheaper by focusing on an oft-overlooked battery component. Addionics, which is backed by General Motors' GM Ventures venture-capital arm, has developed a new...