CATL-Vinfast collaboration may mean more EVs for emerging markets

Vinfast VF 8 delivery event  -  VietnamVinfast on Monday signed a memorandum of understanding with CATL laying the foundation for use of the latter's cell-to-pack battery tech and skateboard chassis designs in future vehicles. "By leveraging CATL's cutting-edge batteries, Vinfast's innovative EVs will reach new heights in terms of range, safety, and intelligent driving," CATL said in a...

$2.8B US EV supply-chain push appears to favor red states

2022 Ford F-150 Lightning pre-productionThe White House on Wednesday detailed $2.8 billion in grants to build a domestic EV battery supply chain, but more of the funds in this allocation go toward projects in states opposed to climate action, and states for which legislators voted against the law. Part of the Bipartisan Infrastructure Law passed in 2021, the funding goes to 20 battery...

Future Honda EVs to be powered by batteries from Ohio plant

2024 Honda PrologueHonda and LG Energy Solution on Tuesday confirmed details of a joint-venture Ohio battery plant that will produce battery modules for North American-market Honda EVs beginning in 2025. Announced in 2022, the joint-venture plant will be located in Fayette County, about 40 miles southwest of Columbus, and aims for 40 gigawatt-hours of annual...

GM invests in silicon anode battery tech for more range, lower cost

General Motors Ultium batteriesGeneral Motors on Thursday announced a partnership with startup OneD Battery Sciences, regarding the potential development of a more efficient chemistry for EV battery cells. OneD is developing s silicon anode cell chemistry that could increase battery energy density, enabling more range at lower cost, GM said in a press release. The automaker...