GM PowerBank home energy storage arrives, could outflex Tesla

2024 Chevrolet Silverado EV with GM Ultium Home energy systemGeneral Motors is now rolling out its PowerBank energy-storage battery packs, providing the first real competition to the Tesla Powerwall home energy-storage system directly from an automaker. While other automakers have discussed energy-storage products, and the Ford F-150 Lightning can be had with a home backup power system, GM appears to be the...

GM adopting LFP batteries, could cut $6,000 from EVs

2024 Chevrolet Equinox EVGeneral Motors on Tuesday filled in some details on plans to use cost-cutting lithium iron phosphate (LFP) battery cells in future EVs. Now it has a number for the level of cost-cutting that's potentially gone into the next Bolt EV. As reported by InsideEVs, GM executives said at an investor conference that LFP cells would combine with other...

Report: GM is pulling the plug on Ultium name

GM electric pickup silhouette  -  from 2020 Ultium platform previewGeneral Motors will drop the Ultium name from the modular EV batteries and related components used in all of the automaker's current and planned U.S.-market EVs, CNBC reports. The hardware will remain the same, but GM will erase the Ultium name other than for production operations such as its Ultium Cells LLC battery joint venture with LG...

Nissan Leaf batteries get second life at automaker’s headquarters

Nissan Leaf second life battery installationNissan Leaf batteries are getting a second life Nissan expects to use the battery packs from about 50-60 Leafs The project is projected to reduce yearly carbon dioxide emissions by up to 3.7 tons Used Nissan Leaf batteries will help power the automaker's U.S. headquarters in Franklin, Tennessee. The automaker announced Thursday that it is adding...

Hyundai and Kia seek to cut LFP battery cost, reliance on China

2025 Hyundai Ioniq 5Process could cut costs and reduce emissions in making LFP cells for EVs It lays the foundation for greater LFP manufacturing in South Korea, outside China Chinese suppliers also continue to innovate on a battery type they championed Hyundai and Kia this week launched a project to develop cheaper cathode materials for lithium iron phosphate (LFP)...

Study: Never mind degradation, batteries will outlast EVs in most cases

Mercedes-Benz Alabama battery factoryA study found the average EV battery degrades 1.8% per year That means EV batteries could last over 20 years, or longer than the EV itself New methods are being found to reduce degradation even further Battery degradation can be a concern for potential electric vehicle owners, but new data indicates most batteries will outlast the EVs they're...

Redwood Materials will help BMW recycle EV batteries

BMW Vision Neue Klasse X conceptBMW will turn to Redwood Materials for recycling of batteries from its EVs, plug-in hybrids, and mild hybrids in the U.S., the automaker announced Thursday. The agreement, which covers the BMW, Rolls-Royce, and Mini brands, as well as BMW's motorcycles, will see Redwood work directly with BMW dealerships, distribution centers, and other U.S...