Search Results Found For: "battery plant"

As 2023 wanes, legacy automakers fall farther behind Tesla and BYD

Ever since Tesla’s 2003 founding, industry observers (and even the company’s own execs) have been predicting that the giant global automakers would respond to the new company’s challenge, produce their own compelling EVs, and surpass (or perhaps even acquire) the upstart. Two decades later, that scenario seems more unlikely than ever. As Tom Randall writes… Read more »

Kentucky imposes monthly tax on free public EV charging

The IRA and BIL are spurring a massive wave of investment in EV plants and EV charging infrastructure, and so far, the lion’s share of this investment is flowing to red states. Many industry observers expect the influx of cash and jobs to blunt opposition to EVs in red-state legislatures. This equation doesn’t seem to… Read more »

Westwater Resources is building a facility in Alabama to process one of the largest graphite deposits in the US

Q&A with Jon Jacobs of Westwater Resources Everyone in the EV industry is talking about the IRA and the BIL, two sets of federal regulations that include strong incentives for automakers to establish domestic supply chains for EV raw materials and components. Not everyone is happy about the requirements, and there are a number of… Read more »

Ford signs lithium and nickel deals to secure IRA-compliant supply

One way to gauge how serious an automaker is about electrification is to consider whether it’s securing supplies of the raw materials that will be required to build large quantities of EVs (as opposed to just issuing press releases about EVs). The US Inflation Reduction Act, which includes strong incentives to use raw materials sourced… Read more »

SK On partners with Westwater Resources to develop anode materials in US

South Korean battery manufacturer SK On has signed a joint development agreement (JDA) with US graphite company Westwater Resources (NYSE: WWR) as part of efforts to strengthen its battery raw material supply chain in North America. Under the agreement, the two companies will work together to develop environmentally responsible anode materials tailored for SK On… Read more »

Ford to build new T3 electric truck at BlueOval City in Tennessee

Construction is on track at Ford’s new BlueOval City campus in West Tennessee, where EV production is to begin in 2025. It sounds like quite a place—Ford and battery partner SK On plan to invest $5.6 billion and create 6,000 new jobs at the 3,600-acre campus, which will include a vehicle assembly plant, a battery… Read more »

Volt Carbon stakes mining claims in Ontario

Volt Carbon Technologies recently announced the acquisition of the Abamasagi Lake Lithium Project, located northwest of Nakina, Ontario. The company registered a total of 150 mining claim cells covering a total area of 3,100 hectares. The Ontario Ministry of Northern Development has recommended the area as a “grassroots exploration property” for lithium, based on lake… Read more »

This provision of the IRA could deliver much bigger results than the EV tax credits

The so-called Inflation Reduction Act includes a long list of measures intended to promote e-mobility and renewable energy. The one that’s gotten the most press is the revamped system of tax credits for EV purchases—and naturally so, because that’s the measure that most drivers can see benefitting them directly. However, as John Voelcker writes in… Read more »

Proterra begins producing EV batteries at new South Carolina factory

Proterra (NASDAQ: PTRA) is a commercial electric vehicle OEM, and it has two related businesses: Proterra Energy, which offers turnkey charging services to fleets; and Proterra Powered, which provides battery packs to other vehicle manufacturers. Now the company has produced the first Proterra Powered EV battery at its new Powered 1 battery manufacturing plant in… Read more »