BMW cancels deal with Swedish EV battery supplier worth $2 billion Northvolt, based in Sweden, still has deals with Volvo and Volkswagen Group BMW has shifted to more energy-dense cylindrical battery cells BMW has canceled a contract worth roughly $2 billion for EV battery cells from Swedish firm Northvolt, Reuters reported Thursday. German media...
The agreement, if ratified, will cover 1,600 workers making batteries for General Motors in Ohio. The union said it would be a model for efforts elsewhere.
West Virginia Senator Joe Manchin is once again criticizing the Biden administration's EV tax credit rules, reports Reuters. Manchin, who is known for opposing Biden administration policies and last week left the Democratic Party and registered as an independent, told U.S. Treasury Secretary Janet Yellen during a hearing of the Senate...
Automakers are exploring energy storage as a way to help utilities and save customers money, turning an expensive component into an industry asset.
Mercedes-Benz and Stellantis are pausing work on two EV battery plants and may be looking to LFP battery cells to lower costs, reports Bloomberg. Automotive Cells Company (ACC), a battery supplier for the two automakers with plans to open three new battery plants in Europe at a cost of 7.6 billion euros (approximately $8.2 billion at current...
A recently surfaced patent application from Ford envisions a new type of EV battery swapping system. EV battery swapping generally involves removing a depleted battery pack from underneath the vehicle and sliding in a fully charged one. But in this patent application, the automaker discusses drive-up docking stations that would use a vehicle's own...
More efficient manufacturing, falling battery costs and intense competition are lowering sticker prices for battery-powered models to within striking distance of gasoline cars.
The union, which lost an organizing vote at two factories last week, argued to federal officials that the automaker had violated labor laws.
The election, fiercely opposed by the state’s political leaders, was seen as a test of the United Automobile Workers’ ability to unionize factories in the South.
Southern political leaders say a win for the United Automobile Workers would threaten their economies. Activists want to strike a blow against a system they say exploits the poor.