Stellantis on Thursday announced an agreement with Texas-based Zeta Energy to develop lithium-sulfur batteries that could significantly reduce cost and pack weight, while boosting charging speed. The automaker and Zeta Energy claim lithium-sulfur chemistry can deliver comparable volumetric energy density to current lithium-ion battery cells, but...
The Energy Department’s $400 billion program to support electric vehicles, batteries and other low emissions technology is hustling to get money out the door.
LG Energy Solution will now solely own a factory in Michigan that it had planned to operate through a joint venture with General Motors.
$7.5B loan would help scale up battery production in Indiana Aiming for 67 gigawatt-hours of annual capacity there DOE loan comes from same program that supported Tesla The Department of Energy on Monday said it is prepared to loan up to $7.5 billion to Stellantis and Samsung SDI for battery production in Indiana. The conditional loan commitment...
The loan, from the Biden administration, was designed to withstand Republican attacks and will be used to make electric-car batteries in Indiana.
The potential high cost of EV battery replacements is a major worry for new-car shoppers, but that likely won't be the case for long, according to battery-analysis firm Recurrent. Recurrent, which produces battery health reports for used EVs, predicts that plummeting new-battery prices will make replacing a battery pack cheaper than repairing a...
The financing for a factory in Georgia is part of a last-minute effort to establish climate policies before President-elect Donald J. Trump takes office.
Fewer people will be able to afford electric cars and trucks if President-elect Donald J. Trump and Republicans in Congress eliminate a $7,500 federal tax credit.
Swedish battery firm Northvolt filed for U.S. Chapter 11 bankruptcy protection Thursday, with CEO Peter Carlsson stepping down the following day. Northvolt needs to raise between $1 billion and $1.2 billion to restore itself to full operations, Carlsson told Reuters and other media Friday. On Thursday, the company said it only had enough cash to...
Honda on Thursday unveiled what it calls a demonstration production line for solid-state batteries, which the automaker aims to commercialize later this decade. Located in Sakura City, in Japan's Tochigi Prefecture, the 295,000-square-foot facility is intended to establish the process for eventual mass production, as well as determine costs and...
The company’s woes are symptomatic of a wider malaise among companies that make batteries for electric vehicles.
EV battery prices have been falling, and they could decline even more steeply over the next two years, according to a new Goldman Sachs report. On the pack level, global average battery prices declined from $153 per kwh in 2022 to $149 in 2023, according to the report, which predicts that they'll continue dropping to $80 per kwh by 2026. That's...
The U.S. could produce cheaper EV batteries than China by 2030, according to a new report by analysis firm Benchmark Mineral Intelligence (via Politico). But that depends on Biden administration policies undergirding current battery-manufacturing momentum staying in place. The cost reductions are dependent on tax credits from the Inflation...
Chines battery supplier CATL could build a plant in the U.S. The decision would hinge on whether Trump's administration allows the Chinese to enter the market CATL wanted to invest in the U.S. but to date the government's said no Chinese battery supplier CATL is open to building a U.S. factory if the incoming Trump administration allows it, the...
Mazda on Thursday provided an update on its powertrain development efforts, which will emphasize bringing more development work on all-electric and hybrid powertrains in-house going forward. After launching the low-range MX-30 crossover, which has already been discontinued in the U.S., with all-electric and range-extended powertrains, Mazda has...
Honda is looking to expand a battery-swapping service from Asia to Europe, but the focus will remain on two-wheeled vehicles like mopeds and scooters. The automaker currently offers battery-swapping in Japan, India, Indonesia, and Thailand, but in a Tuesday press release said it's now working with Swedish scooter rental startup GoCimo on testing...
A pesar de que Trump se ha opuesto a las políticas que favorecen a los vehículos eléctricos, si llega a la presidencia podría aliviar el escrutinio regulatorio de Tesla o proteger los créditos y subsidios lucrativos.
Although Donald Trump has opposed policies that favor electric cars, if he becomes president he could ease regulatory scrutiny of Tesla or protect lucrative credits and subsidies.
Ford is struggling to make money on battery-powered models while General Motors, which started more slowly, says it is getting close to that goal.
As the second-generation Tesla Roadster remains on the drawing board, a Texas-based company has sketched out a new life for original Roadsters, while improving their handling. Re/Cell, which specializes in remanufacturing EV battery packs, recently unveiled a replacement Roadster battery pack that's 400 pounds lighter than the original and takes...
