A Chinese startup plans to ditch battery packs entirely and integrate cells directly with an EV's chassis. With this goal in mind, Neta Auto on Wednesday announced a cooperative agreement with battery supplier CATL to use the latter's cell-to-chassis tech, branded as Integrated Intelligent Chassis (CIIC). In a press release, Neta said it would be...
The revolution is also a case study in how much further we have to go.
Many analyses have shown that EV battery costs stopped decreasing in 2022, putting off affordability goals. But the U.S. Department of Energy (DOE) recently issued a reality check. Based on 2022-constant dollars, battery costs actually continued falling last year at the pack level, because of accelerated inflation, according to DOE estimates. The...
BMW has licensed solid-state battery cell designs and manufacturing processes from Colorado-based Solid Power, taking the partnership between the two companies up a notch. The automaker, which began partnering with Solid Power in 2017, will install copies of the firm's solid-state cell pilot production lines at its facilities in Germany, and Solid...
Many companies and investors are eager to recycle batteries but it could take a decade or more before enough used lithium-ion batteries become available.
The U.S. Department of Energy confirmed Monday morning a $2.5 billion federal loan to Ultium Cells LLC, for financing the construction of plants to supply many millions of future GM electric vehicles. The loan will fund the construction of joint-venture GM and LG Energy Solution battery plants in Ohio, Tennessee, and Michigan, and the confirmation...
Hyundai and Kia EVs may soon get new silicon-carbide power modules aimed at boosting range. Semiconductor firm STMicroelectronics (ST) said last week in a press release that it has been chosen by Hyundai to supply its silicon-carbide power modules for EVs based on the automaker's E-GMP platform, which underpins the Hyundai Ioniq 5, Kia EV6, and...
The result, at a plant owned by General Motors and a South Korean company, is a milestone for the auto union in organizing electric vehicle workers.
EV battery costs have soared in 2022 due to rising raw material and battery component prices, according to a Bloomberg New Energy Finance (BNEF) report. The volume-weighted average for lithium-ion battery pack prices reached $151/kwh this year, a 7% increase over 2021, according to the report. It marks the first time average pack prices have...
Hyundai and battery supplier SK On are partnering to meet the new battery sourcing requirements of the Inflation Reduction Act (IRA). The IRA continues the $7,500 federal EV tax credit, but to qualify for the full amount, it stipulates that EVs and their battery packs must be assembled in North America, and certain minerals used in batteries must...