Ford could start manufacturing its own electric-car batteries by 2025, an executive said in a CNBC interview Monday, indicating a change in attitude regarding battery supply at the Blue Oval. The automaker doesn't have the scale justify its own battery factory now, but that will change in the next few years with launch of more EVs for the North...
Industry analysts have held up $100 per kilowatt-hour battery costs as the point where electric cars will achieve cost parity with internal combustion, but now the target has shifted to an even more ambitious $60 per kwh, according to a blog post by The Mobilist. Tesla and Volkswagen have already discussed driving battery prices down to around $60...
Battery-manufacturing capacity will have to grow dramatically for electric cars to surpass internal-combustion vehicles in the 2030s, according to a new report produced by Ultima Media, and sponsored by Swiss tech firm ABB. The report's conclusion is based on two predictions: that electric cars are poised to overtake sales of internal-combustion...
BMW on Monday announced plans for a prototype solid-state battery by 2025, followed by a production-ready version by 2030. The batteries will power a new generation of electric cars, based on a dedicated platform, making its production debut around that time. The automaker is in the midst of an electric-car push, but the models announced so far...
General Motors is reportedly making plans with the South Korean battery supplier LG Chem for a second joint U.S. battery plant—this one in Tennessee. According to Reuters, confirming multiple sources familiar with the plans on Wednesday, the $2.3 billion factory potentially being announced Friday would be in Spring Hill. That’s near...
Rivian announced Monday that it will use Samsung SDI battery cells for its R1T electric pickup truck and R1S electric SUV, as well as upcoming commercial vehicles. Announcement of a battery supplier is a key piece of the information puzzle for the R1T and R1S, which are scheduled to start production this summer. Rivian previously said the R1T...
In a rare interview, Panasonic's EV battery boss provided a glimpse of the company's response to the larger battery cells promoted by client Tesla. Speaking to Bloomberg, Yasuaki Takamoto said bigger cells are the key to affordable electric cars, but indicated he's not convinced by Tesla's proposed cell format. Tesla presented its 4680-format...
The settlement between LG Energy Solutions and SK Innovation ensures that a battery plant in Georgia will go forward without hampering electric vehicle production.
Despite numerous challenges, EV battery swapping may still have a future, albeit with taxis and ride-hailing services rather than private passenger cars, according to a pair of recent reports from Bloomberg New Energy Finance. China already has 550 battery-swapping stations, which is a drop in the bucket compared to the 112,000 charging stations...
South Korean battery firm SK Innovation (SKI) will be able to move ahead with plans for large-scale U.S. battery production, thanks to a favorable decision by the U.S. International Trade Commission (ITC), Reuters first reported last week. SK Innovation has been locked in a legal battle with rival South Korean battery supplier LG Chem, which sued...
