Low pay at US EV battery plants is already a 2024 election flashpoint

Mercedes-Benz battery factoryExpanded U.S. EV battery production is a cornerstone of the Biden administration's effort to grow the economy while shifting it to less carbon-intensive pursuits. But a new Bloomberg report highlights a potential issue with that plan. As it negotiates new contracts with the Detroit Three U.S. automakers, the United Auto Workers (UAW) is not happy...

Next-gen LFP battery tech for EVs adds 250 miles in 10 minutes

CATL Shenxing batteryChinese battery supplier CATL on Wednesday announced a new lithium iron phosphate (LFP) battery that the company claims will enable super-fast charging. Called Shenxing, the new battery is scheduled to enter mass production later this year, according to a company press release. CATL claims it can recover 250 miles of range in just 10 minutes of...

The Big Number: 30,000

G.M. and other automakers will jointly spend at least $1 billion to build a North American network of electric vehicle chargers.

Stellantis confirms second US battery factory with Samsung SDI

Ram 1500 REVStellantis announced early Monday that it plans a second U.S. battery plant to help support American EV production. With a memorandum of understanding signed between Stellantis and Samsung SDI Monday, the companies seek to start production at the facility in 2027 and “an initial annual production capacity of 34 gigawatt-hours.” But the...