Epsilon Advanced Materials (EAM), an Indian battery materials manufacturer, will build a $650-million graphite anode manufacturing plant in Brunswick County in North Carolina. The company will start construction in 2024 and begin manufacturing in 2026, achieving full capacity by 2031. The plant will make high-capacity EV battery anodes using green technology. EAM is in talks… Read more…
Analysis: EV interest is strong, but there’s a “missing mass market”
Recent coverage of increasing EV inventories is missing the point, J.D. Power argues in a new report. EVs accounted for 8.2% of new-vehicle sales in the U.S. through October 2023, up from just 2.6% in 2020. But much recent discussion has focused on the increasing number of EVs on dealer lots, which is taken as an indication that EV demand is… Read more…
Genesis GV60 EV wins 2024 SUV of the year in China
Hyundai’s luxury brand Genesis is making its mark in the world’s largest EV market. The all-electric Genesis GV60 won China’s 2024 SUV of the year award, beating out several key rivals.. Read more…
Tesla Model Y is Electrek’s vehicle of the year
For 2023, Electrek has decided to make the Tesla Model Y its vehicle of the year. Well, it’s not as much us who decided, car buyers did.. Read more…
The US’s first large-scale offshore wind farm is about to come online
The first five offshore wind turbines at Vineyard Wind 1 will deliver power to the Massachusetts grid within weeks. Read more…
Volkswagen mulls $21K EV with Renault, but don’t get too excited
European automakers are looking to affordable EVs to help boost demand. The latest may be a 20,000 euro ($21,500) EV from Volkswagen and Renault. Read more…
Volkswagen Will Cut Staffing Costs By A Fifth As Part Of Its $10.8B Savings Plan
VW CEO Thomas Schaefer said last week that the carmaker is “no longer competitive.” Read more…
Tesla says standard-range Model Y sold out in China
The Tesla poster didn’t provide details, but it seems to be referring to the Model Y’s standard-range version being sold out of available capacity for 2023. Read more…
Nio files to use LFP batteries that could bring down costs
Offering new variants with LFP batteries is a means for some EV makers to cut prices, and Xpeng’s LFP version of the P7i, launched last month, has lowered the starting price by RMB 26,000 yuan. Read more…
Michigan government to electrify fleet by 2040
All state government vehicles in Michigan must be electric by 2040 after Governor Gretchen Whitmer signed an executive directive mandating the state fleet to be converted to zero-emission. Read more…
China Pushes Back On Biden’s New EV Tax Credit Rules
China thinks the new rules run counter to the spirit of the World Trade Organization. Read more…
2023 Nissan Ariya Lease Prices Drop As Low As $199 A Month
The offer is available in select East Coast cities, but the inventory is limited so you should hurry up if you’re interested. Read more…
Stellantis teams up with Ample to launch battery swapping – Fiat 500e will go first
Stellantis, the automotive juggernaut behind Fiat, Dodge, Jeep, and Opel, has joined forces with California-based startup Ample to introduce a fleet of electric vehicles that can swap their high-voltage batteries in just five minutes. This approach promises to reshape the landscape of electric mobility and address some of the lingering concerns associated with EV adoption. So far only Nio has… Read more…
Here’s how the Ford F-150 Lightning could help lower electric bills
A Ford F-150 Lightning electric pickup truck takes money and energy to operate, but Ford is now trying to show customers one way the truck can earn its keep while parked. The automaker on Thursday announced a project in partnership with Residio Technologies to demonstrate how the Lightning’s vehicle-to-home (V2H) capability can be used for home… Read more…
Conservative wing of EU aims to derail ICE-ban in 2035
If the majority in the EU Parliament changes after the elections in summer 2024, decisions that have already been made could be put to the test again: Manfred Weber, Chairman of the conservative EPP group in the European Parliament, wants to overturn the ban on combustion engines in the EU from 2035. Read more…
BP Pulse expands UK charging network
BP Pulse is expanding its reach in the UK. The company plans to install 200 charging stations in Northern Island with Henderson Group and is opening a charging hub in London. Read more…
Nio re-files 8 models on sale under its own name after gaining car-making qualification
Nio has re-filed all eight models, with the biggest changes being the switch of the manufacturer’s name from JAC to Nio and the removal of the JAC logo from the rear of the vehicles. Read more…
Toyota & Cirba join forces for US battery recycling
Toyota has entered into a partnership with battery recycling provider Cirba Solutions in the USA. The collaboration will focus on the collection, transportation, dismantling and processing of end-of-life lithium-ion batteries from Toyota electric and hybrid vehicles in the Midwest and East Coast of the USA. Read more…
Gotion High-Tech opens battery plant in Thailand
The Chinese battery cell manufacturer and VW partner Gotion High-Tech has started production at its battery plant in Thailand. The factory is operated by a joint venture with Nuovo Plus, a subsidiary of the Thai energy and oil company PTT Group. Read more…
Lufthansa interested in flying taxis from Lilium
Lufthansa and electric vertical take-off and landing aircraft (eVTOL) comapany Lilium have agreed to explore a strategic partnership for the operation of eVTOLs in Europe. Both companies have now signed a letter of intent to this effect. Read more…
