Samsung SDI on Wednesday said it had signed an agreement with General Motors for a joint EV battery factory in Indiana. First reported by Reuters, the deal calls for the two companies to invest $3.5 billion in the factory, which targets annual production capacity of 27 gigawatt-hours of cells. Samsung reportedly expects the factory to begin mass...
The government is aggressively promoting electric cars. But a dramatic blaze in an underground lot has left some potential buyers worried about safety.
The automaker said it would invest less in battery-powered cars and scrap a planned electric three-row sport utility vehicle.
Swedish battery firm Northvolt is shutting down a research and development facility working on lithium-metal batteries in California and moving all development work to its R&D hub in Vasteras, Sweden, the company said Tuesday. Northvolt had been conducting some development work on lithium-metal battery technology—an alternative to the...
The average price of a lithium-ion battery pack for a light-duty EV has decreased 90% over the past 15 years, the U.S. Department of Energy (DOE) estimates. In 2023, the DOE estimates pack prices averaged $139/kwh on a usable-energy basis for production at scale, meaning at least 100,000 units per year. That's still not quite at the magical...
Stressing science education, China is outpacing other countries in research fields like battery chemistry, crucial to its lead in electric vehicles.
Used Taycan batteries are helping power Porsche's Leipzig factory in Germany The batteries are from pre-production vehicles that were used for testing Porsche said the batteries provide up to 5 MW of energy After they've degraded too much for continued use in EVs, battery packs still have plenty of usable capacity for stationary energy storage...
The international agency charged with regulating seabed mining elected a U.N. environmental regulator to replace a leader accused of too-close industry ties.
They can be, but it depends on your driving habits. We break it down for you.
A new Toyota battery plant is reportedly in the works The Japanese plant would make batteries for Lexus EVs Automakers are pulling back on EV production and targets Toyota plans to build a Japanese EV battery plant for its Lexus luxury brand, the Nikkei business daily reported Friday. Circulated by Reuters, the report said the new battery plant...