Search Results Found For: "KORE POWER"

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 »

SK Signet opens Texas-based EV charger manufacturing facility

Korea-headquartered EV charger maker SK Signet has opened its first US EV charger manufacturing facility in Plano, Texas. The company projects the plant’s production capacity of its range of chargers, from stand-alones to power cabinets supporting multiple dispensers, at more than 10,000 units per year. The facility will also host R&D, manufacture EV charger power… Read more »

Honda and LG Energy Solution to build battery factory in Ohio

In February, Honda and South Korea-based battery maker LG Energy Solution held a groundbreaking ceremony for a new joint-venture EV battery plant near Jeffersonville, Ohio. The companies say they have committed $3.5 billion to the project, and overall investment is projected to reach $4.4 billion. Plans call for the facility’s completion by the end of… Read more »

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 »