Korea-based steel-maker POSCO has begun commercial production of lithium in South Korea for the first time. In February, POSCO completed a lithium extraction plant with an annual capacity of 2,500 tons. Speaking at the opening ceremony, Jong-joo Kim, the Director of the Korean Ministry of Trade, Industry and Energy, noted that Korea, a major battery… Read more »
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Faraday Future reveals production-ready FF 91, announces over 64,000 reservations
Faraday Future (FF), the intriguing EV startup that employs several alumni of Tesla and other automotive and tech giants, revealed its first production vehicle, called FF 91, at a press event prior to the recent CES trade show. FF 91 features a monocoque vehicle structure that integrates the chassis and body, and a multi-motor setup… Read more »
Chrysler reveals pricing and features for Pacifica PHEV
Chrysler is joining the plug-in party with a PHEV version of its popular Pacifica minivan. The 2017 Pacifica Hybrid has an estimated electric range of 30 miles, and fuel efficiency of 80 MPGe in city driving. LG Chem is supplying the 16 kWh Li-ion battery pack system and controls. The pack carries a 10-year/150,000-mile warranty…. Read more »
EVs aplenty at Paris Motor Show
Electricity was en vogue at the recent Paris Motor Show. Few automakers had any new ICE vehicles (isn’t that an oxymoron anyway?), but there were updates to several production EVs, and a couple of promising concepts, on display. The Renault Zoe, Europe’s best-selling plug-in vehicle, has gotten a substantial battery upgrade. An available 41 kWh… Read more »
Oilprice.com says lithium is poised for more price spikes
Some call lithium “white gold,” but in fact, lately the light metal has been beating gold in appreciation, becoming the hottest metal of 2016 for commodities traders. Although lithium’s price rise has slowed in recent months, the fundamentals suggest strong potential for long-term growth, according to James Stafford of Oilprice.com. “There is no doubt as… Read more »
Musk: Panasonic will be exclusive battery supplier for Model 3
Tesla has a long-standing relationship with Panasonic, as a battery supplier and a partner in the Gigafactory. So EV-savvy ears perked up at news that the California carmaker had met with a trio of Korean battery-builders. In fact, Reuters reported that Samsung SDI was “making progress” in talks with Tesla to supply batteries for Model… Read more »
LG may work with Iran to develop EVs and infrastructure
The next frontier for EVs could be…Iran? LG International has signed a tentative deal with the Iranian government to cooperate in developing EVs and charging infrastructure, according to Yonhap News. Few details are available, but Iran’s Mehr News Agency (via Green Car Congress) reported that LG International will oversee the project jointly with the Iranian… Read more »
Tesla reportedly approaches LG, Samsung and SK for Model 3 batteries
Japanese giant Panasonic is currently Tesla’s exclusive battery partner, but as its battery needs balloon along with demand for the upcoming Model 3, it’s only logical that the California company should keep its options open with other suppliers. The Korea Times reported that Tesla has approached LG Chem, Samsung SDI and SK Innovation. Tesla executives… Read more »
SK Innovation considers China EV battery factory
SK Innovation, South Korea’s largest oil refiner and chemical supplier, says it is having talks with several companies about jointly establishing an EV battery factory in China. “An investment announcement will likely be made in the near future,” said Chief Executive Chung Chul-khil, adding that the joint venture in China may be with a battery… Read more »
Hyundai EV, with 110-mile range and 100 kW charging, to arrive in the US this year
[Updated: 3/28/16 to include fast charging information.] The Hyundai Ioniq, the first vehicle from a major automaker to be offered in three electrified versions, is on its way. The Ioniq Electric will begin deliveries in South Korea in June, and is expected to arrive on American shores later this year, after the Ioniq Hybrid. The… Read more »