Panasonic: Tesla pushing for faster development of 4680 cells

Tesla Semi  (Courtesy of Tesla, Inc.)Tesla is pushing for faster development of new 4680 battery cells, the CFO of battery supplier Panasonic said in an interview with Bloomberg published Wednesday. Hirokazu Umeda noted this in a briefing after the release of Panasonic's quarterly financial results, while noting that the Japanese company is still seeing stronger demand from Tesla for...

Fisker provides first look at $29,900 urban EV, confirms Ohio production

Teaser for Fisker Project PEAR due in 2024Fisker confirmed Thursday that production of its compact electric vehicle, the $29,900 Pear EV, will enter production in 2024 at the former GM plant in Lordstown, Ohio. It’s not a niche affair, either. Fisker is going for volume with this one, with the aim to build a minimum of 250,000 units a year after the ramp-up, at the mammoth plant...

With Lordstown deal complete, Foxconn pivots to making EVs

Lordstown EnduranceLordstown Motors on Wednesday announced the completion of the sale of its former GM factory to Hon Hai Technology Group—otherwise known as Foxconn, best known as the contract maker of the iPhone. That makes Foxconn an automaker, and enables several potential EV-making activities at the Lordstown, Ohio site. One of them is the assembly of the...

Volkswagen harvests Scout as an electric SUV brand

Teaser for Volkswagen Scout electric SUV and pickup truckVolkswagen will revive the name of an SUV pioneer for a new rugged EV brand. The automaker on Wednesday announced the new Scout brand, taking the name of the International Harvester Scout that debuted in the 1960s as one of the original SUVs. This new Scout incarnation will develop an electric pickup truck and SUV for the United States. The first...