Mazda looking to Panasonic for cylindrical EV batteries

2024 Mazda CX-90Mazda has begun discussions with Panasonic for supply of cylindrical battery cells for future EVs, the two companies announced Wednesday. The goal of the discussions is to hammer out an agreement for Panasonic to supply cells from factories in Japan and North America for use by Mazda in EVs "scheduled to be launched in the latter half of the 2020...

Ford and SK On get $9.2B government loan for battery plant

BlueOvalSK Battery Park  -  rendering, September 2021Ford and SK On will receive a $9.2 billion government loan for their BlueOval SK battery joint venture, according to a report Thursday from The New York Times. The Department of Energy loan—the largest so far by the Biden administration related to EV manufacturing—will help finance construction of battery plants in Kentucky and...

Ford CEO: “Cybertruck for Silicon Valley people”

2022 Ford F-150 LightningThe Tesla Cybertruck isn't keeping the man in charge of Ford up at night. On Tuesday, Ford CEO Jim Farley sat down with CNBC's Jim Cramer and talked EVs, the Blue Oval's partnership with Tesla, and the Cybertruck. Ford's F-Series lineup has been the best-selling vehicle in America for 41 years. It includes the F-150 Lightning electric variant...

2024 Cadillac Lyriq starts at $59,990 with expanded lineup

2024 Cadillac LyriqThe Cadillac Lyriq electric SUV gets new trim levels and a slightly lower starting price for its second model year. For 2024, Cadillac added Tech and Sport grades sandwiching the existing Luxury grade. The Tech is the entry-level version and starts at $58,590 with a single-motor rear-wheel-drive powertrain, including a $1,395 destination charge...

2022 Hyundai Ioniq 5 probed by NHTSA over sudden power loss complaints

2022 Hyundai Ioniq 5The National Highway Traffic Safety Administration (NHTSA) has opened a probe into sudden power-loss complaints in 2022 Hyundai Ioniq 5 electric cars. In a notice of the probe, the agency said it had received 30 consumer complaints alleging loss of power in 2022 Ioniq 5 EVs, representing the first model year of production. Many consumers reported...

Texas requiring Tesla NACS connectors on state-funded chargers

Tesla chargingTexas officials on Tuesday said EV charging sites looking to tap state funds must include Tesla connectors alongside the Combined Charging Standard (CCS) connector that has been the default up until now. The decision was made in response to announcements by Ford, General Motors, and Rivian to adopt the Tesla connector, which the automaker has...

Rivian R2 reveal coming in 2024, may cost about $40,000

Rivian R2 teasedThe Rivian R2 is still three years away, but we'll get to see it a lot sooner than that. On Thursday, Rivian Chief Financial Officer Claire McDonough spoke about the Rivian R2's pricing and timeline with Emmanuel Rosner from Deutsche Bank. McDonough revealed the R2 will be revealed in early 2024. The clay design bucks are in the design studio and...