South Korean EV battery manufacturer SK On, a subsidiary of SK Innovation, has signed a memorandum of understanding with the Italian luxury sports carmaker Ferrari to reinforce their partnership and innovate cell technology. The agreement allows the parties to share their experience in various fields to improve their technical collaboration and share insights. The new… Read more »
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Ford plans new electric pickup and SUV, starting around $25k
The higher purchase prices of EVs now represent the number-one obstacle to mass adoption. Automakers have figured this out (some a bit later than others), and are adjusting their strategies to bring more low-priced EVs to market. In February, Ford CEO Jim Farley announced that his company has been quietly working on a low-cost platform… Read more »
Isuzu to invest two billion bucks in electric trucks and batteries
Japanese automaker Isuzu is planning to invest nearly two billion dollars in electric trucks and batteries, according to EV news outlet Electrive. According to a regulatory filing, Korean battery giant LG Energy Solution will supply Isuzu with cylindrical cells through 2026 in a deal worth one trillion Korean won ($748 million). LG has been supplying… Read more »
Kia EV9 and Volvo EX30: Are they 2024’s most important EVs?
One’s a three-row midsize SUV under $60,000; the other’s a compact hatchback that starts in the mid-30s. Now we’ve driven both. Choosing “best of” or “most important” new cars is always dicey, and doubly so with electric vehicles. New entries are announced virtually every month, and picking the 2025 models that will be most important… Read more »
Companies test the latest and greatest EV charging technologies at CharIN’s annual Testival
The Charging Interface Initiative (CharIN), a non-profit standards association with over 300 global members, conducts an annual “Testival” at which vehicle OEMs and EVSE providers test the compatibility between specific EVs and charging stations. CharIN describes the event as “speed dating” for vehicles and chargers. The 2023 Testival North America, a three-day event hosted by… Read more »
LG Chem to build LFP cathode plant in Morocco
South Korea-based chemical company LG Chem and China’s Huayou Group have partnered to build a lithium-iron-phosphate (LFP) cathode materials plant. LG Chem is working to vertically integrate its cathode supply chain. The LG Chem-Huayou Group partnership will develop four plants: an LFP cathode material facility; a lithium conversion plant, also in Morocco; a high-pressure acid… Read more »
GM agrees to unionize EV battery plants. Will other US automakers follow suit?
The United Autoworkers’ strike doubtless has multiple causes, but the transition to EVs is certainly one bone of contention. EVs are simpler machines than legacy vehicles, and many expect this to translate into less demand for human labor. A wave of new battery plants will surely create new jobs, but some fear that automakers will… Read more »
LG Energy Solution will invest $3 billion in US plant to supply Toyota with EV batteries
Another sign that the sleeping Japanese giant is starting to stir: Toyota has signed a supply agreement with Korean battery-maker LG Energy Solution for lithium-ion batteries that Toyota will use in its US-built EVs starting in 2025. LGES will invest $3 billion in its Holland, Michigan battery facility for dedicated production lines to supply a… Read more »
German Chancellor proposes to require most service stations to provide EV fast charging
Speaking at the recent IAA car show in Munich, German Chancellor Olaf Scholz announced a new push to expand the number of public EV charging stations in his country. Scholz said that Germany will become “the first country in Europe to introduce a law requiring operators of 80% of all service stations to provide fast… Read more »
EV charging is changing, Part 3: Why Tesla’s NACS is unlikely to kill CCS
Part 1: How automakers’ disappointment in Electrify America drove them into Tesla’s arms Part 2: No, NACS is not today’s Tesla connector Part 4: Behind the scenes as seven automakers counter Tesla’s Superchargers EV charging is changing, but much remains to be settled A flurry of news over less than a year permanently altered the US… Read more »