GM taps ex-Tesla battery chief to deliver cheaper EVs sooner

2022 GMC Hummer EV pre-production at Factory Zero plant in Detroit, MichiganGeneral Motors has hired former Tesla battery-development boss Kurt Kelty as its new vice president of batteries. In this newly-created position, Kelty will be tasked with bringing together GM's development resources "to more quickly deliver profitable, lower-cost, higher performing electric vehicles to customers at scale," and will report...

Battery cost makes affordable Toyota EV unlikely, exec says

Toyota Urban SUV ConceptAn entry-level Toyota EV is unlikely in the near future due to high battery costs, an executive said in a recently published interview with Autocar. Some automakers are launching small, affordable EVs for the European market, but Toyota currently has no plans to follow them, Andrea Carlucci, the automaker's European development boss, said. That's...

Report: China leads in EV recycling, creating a circular economy

Volkswagen battery recyclingChina is leading the U.S. and Europe on EV battery recycling, according to a new Bloomberg report, and it may add to China's EV advantages in the future. The battery-recycling business in China is booming, according to the report, which cites data from consultancy Circular Energy Storage showing that "the nation dominates when it comes to...