Ford’s $3.5 billion plant in Michigan will draw on technology from CATL, a Chinese company that is the world’s No. 1 maker of electric-car batteries.
Battery-recycling firm Redwood Materials may soon received a $2 billion loan from the U.S. Department of Energy (DOE) to expand its operations. The DOE on Thursday made a conditional commitment for the loan, which would go toward a $3.5 billion recycling and remanufacturing facility in Nevada, according to a Reuters report. The loan, which must...
Competition, government incentives and falling raw material prices are making battery-powered cars more affordable sooner than expected.
The loan will help accelerate Redwood Materials’ plans to produce components for electric car batteries from new and recycled sources.
Sales of electric vehicles are growing fast, and automakers are investing billions of dollars in new technology and factories. We want to know how jobs are changing.
Volkswagen has approved an EV slotting below the ID.4 for the North American market, and it's considering a battery plant in Ontario, according to German business daily Handelsblatt. The report notes five recent entries in the Canadian province's Registry of Lobbyists for VW, including one that mentions CEO Oliver Blume, who last year said that...
Reducing the size of EV batteries and generally lowering levels of car ownership and use could have a significant environmental impact by cutting messy lithium mining, according to a new study commissioned by the Climate and Community Project, a climate policy think tank. The study, using UC Davis research (and first spotted by Green Car...
Tesla has confirmed a $3.6 billion expansion of its Nevada battery "Gigafactory" that the company claims will supply over one million EVs annually. The investment will add 3,000 new jobs and two new factories at the Sparks, Nevada, site, Tesla said in what reads as a press release—with a few more details confirmed as part of Tesla's...
Countries are pursuing new solutions to try to mitigate climate change. More trade fights are likely to come hand in hand.
The failure of Britishvolt is a blow to Britain’s plans to promote the manufacture of electric cars, and threatens the future of its automotive industry.