Search Results Found For: "KORE POWER"

SK Signet to build EV fast charger manufacturing facility in Plano, Texas

EV charging station manufacturer SK Signet, a subsidiary of South Korean conglomerate the SK Group, has announced plans to build a new EV charger manufacturing facility in Plano, Texas. At the new plant, SK Signet will produce a range of fast-charging solutions, including UL-certified chargers and power cabinets offering power levels up to 350 kW…. Read more »

Hyundai discontinues Ioniq hybrid and PHEV

Hyundai’s Ioniq hatchback exemplified an earlier generation of electrified vehicles. It was offered in three different powertrain variants: hybrid, plug-in hybrid and pure EV. Now, the more forward-looking automakers, of which Hyundai is one, are realizing that a “clean-sheet” dedicated EV platform is best. Hyundai dropped the Ioniq Electric in the US after the 2021… Read more »

Global Li-ion battery production capacity could reach 6 TWh by 2030

Global lithium-ion battery production capacity could reach over 6,000 GWh (6 TWh) by the end of the decade, according to lithium industry authority Benchmark Mineral Intelligence. Battery manufacturing facilities (now invariably referred to as “gigafactories”) are being built by automakers and battery suppliers around the world. Total lithium-ion capacity (existing or under construction) has doubled… Read more »

2022 Hyundai Ioniq 5: Strong new electric SUV competitor

Hyundai’s new compact EV crossover is good enough to sell every unit the company imports—the question may be how high that number will be. The 2022 Hyundai Ioniq 5 is the Korean brand’s first dedicated electric vehicle, positioned at the heart of the fastest-growing part of the market: compact crossover utilities. The premium electric SUV… Read more »

Yet another generation of Tesla’s Full Self-Driving chip in the pipeline, to be produced by Samsung

As Tesla’s Full Self-Driving system slowly evolves, it seems to be requiring ever more computing power. Back in 2016, Tesla announced a hardware upgrade, including a new computer from Nvidia, which it said would enable full self-driving capability, with future software updates. Since then, Tesla has upgraded the computer twice. In 2019, it introduced the… Read more »

Chevy Bolt battery recall—Car and Driver reveals the gory technical details

The Chevy Bolt battery recall is bad news for GM, and for the EV industry. Every single Bolt EV and Bolt EUV is now under recall because of a potential battery defect that could cause a fire. Roughly a dozen fires have been reported, but no injuries or deaths to date. The three separate recalls… Read more »

2022 Hyundai Ioniq 5: First of an aggressive wave of new EVs

The 2022 Hyundai Ioniq 5 should be taken very seriously when it goes on sale this fall. It will be a new and likely very competitive entry in what will soon become a crowded field of EVs in the popular “compact crossover” segment.  It’s not the first such EV: the Ford Mustang Mach-E, Tesla Model… Read more »

New CEO confirms Honda will go all-electric by 2040

Honda has become the first major Japanese automaker to set an official date for phasing out sales of fossil-powered vehicles. New CEO Toshihiro Mibe has announced that his company hopes to go all-electric by 2040. Mibe’s announcement confirms a shift that Honda has been hinting at for some months. In 2020, the company partnered with… Read more »

2022 Chevrolet Bolt EUV: Chevy’s lowest-priced electric car gets a big brother

US drivers see the Bolt EUV as a larger, better-equipped version of Chevy’s first modern electric car. But the EUV first went into production last year in China—as a Buick. If it were a person, you might almost feel sorry for the 2022 Chevrolet Bolt EUV, which was launched in February. It’s a brand-new vehicle,… Read more »

GM and LG to build second US battery plant in Tennessee

Ultium Cells, a joint venture of LG Energy Solution and General Motors, have announced plans to build a second US battery cell manufacturing plant, in Spring Hill, Tennessee. The companies will invest some $2.3 billion in the new facility, which will supply battery cells to GM’s Spring Hill assembly plant. Construction on the 2.8 million-square-foot… Read more »