While some legacy automakers whine that they can’t make a profit on EVs, and others cling to 20th-century tech such as hybrids and hydrogen, Hyundai is getting on with the business of selling EVs—and making a tidy profit, thank you. Hyundai Motor, which includes the Hyundai, Kia and Genesis brands, recently posted third-quarter financial results…. Read more »
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Hyundai and LG Energy Solution invest additional $2 billion in Georgia battery plant
Hyundai and South Korean-headquartered battery maker LG Energy Solution (LGES) have announced a $2-billion expansion of their battery cell manufacturing joint venture at Hyundai’s EV Metaplant in Bryan County, Georgia, bringing the total investment value of the JV to $4.3 billion. At full operational capacity, the 30 GWh facility is expected to support annual production… 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 »
EV charging is changing, Part 4: Behind the scenes as seven automakers counter Tesla’s Superchargers
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 3: Why Tesla’s NACS is unlikely to kill CCS EV charging is changing, but much remains to be settled A flurry of news over less than a year permanently altered the US landscape… 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 »
EV charging is changing, Part 2: No, NACS is not today’s Tesla connector
Part 1: How automakers’ disappointment in Electrify America drove them into Tesla’s arms Part 3: Why Tesla’s NACS is unlikely to kill CCS 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… Read more »
Senator Schumer takes Revel’s millionth electric ride in NYC
New York-based Revel leverages the synergies between urban public charging and ridesharing. The company operates two public EV fast charging Superhubs, and plans to add at least 130 more plugs by the end of 2023. The company launched its electric rideshare service in 2021, and currently has a fleet of about 300 EVs, including Tesla… Read more »
Letter from London: Red buses, black cabs and private cars are going electric
Traveling in Europe (and nearby countries) these days is in some ways like traveling to the future. London has been an electrification leader for some years, and the streetscape this summer looks even more electric than it did on my last visit 4 years ago. I saw no evidence of the “hollowing out” of downtown… Read more »
Seven automakers unite to create massive new public EV charging network in North America
A lot of folks were doubtless still digesting the details of Tesla’s near-takeover of the North American public EV charging scene—and along comes another blockbuster development on the infrastructure front. Seven of the world’s major automakers—GM, Stellantis, BMW, Mercedes, Hyundai, Kia and (oddly enough) Honda—have announced plans to form a joint venture to build a… Read more »
2023 Hyundai Ioniq 6: Korean Model 3 clone, or something else altogether?
Battery-electric sedans are a rare breed— that makes Hyundai’s striking Ioniq 6 a strong new entry. Quick, name all the battery-electric sedans for sale in the US—that aren’t Teslas. By our count, there’s only been one: the pricey, luxury Lucid Air. Now, there’s another: the 2023 Hyundai Ioniq 6 is on sale at your local… Read more »