According to a recent article in Business Korea, SK Innovation – a subsidiary of Korea’s giant SK conglomerate – is planning to invest $1.05 billion USD to build an EV battery manufacturing plant in Yancheng, China. The new plant will join the company’s pre-existing battery plant in Changzhou. SK Innovation’s plans for the new plant… Read more »
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2020 Lincoln Aviator Grand Touring: Review of the brand’s first plug-in hybrid
The PHEV adds more power, more torque and better performance – with little mention of a plug. It’s a brutal truth: in key coastal markets like California and the Northeast, the Lincoln brand has all but vanished from any discussion of luxury vehicles. In fact, Lincoln execs admit it outright. Like crosstown rival Cadillac, Lincoln… Read more »
Unions fear electrification will vaporize their jobs
As the legacy automakers finally begin to get serious about electrification, it’s becoming increasingly clear that the accelerating transition will result in a major restructuring of the industry, which seems likely to include substantial job losses. As a recent Bloomberg article reports, fear of the electric future is an underlying reason for the United Auto… Read more »
A spirited horse springs out of the gate – tri-continental Porsche Taycan launch event
The Porsche Taycan [TIE-kon] is the most highly-anticipated EV we’ve seen in a long time – in fact, the sound of the spirited young horse’s approaching hoofbeats has arguably generated more excitement than any non-Tesla vehicle to date (sorry, Audi and Jaguar). Porsche unveiled its magnum opus at three simultaneous events in Germany, China, and… Read more »
2019 Kia Niro EV: An impressive electric compact suggests good things from future Kia EVs
Kia may be the auto brand with the biggest disconnect between perception and reality in the US today. It makes stylish, modern vehicles – passenger cars plus a growing range of crossover utilities – packed with advanced features. It’s a legitimate competitor to Toyota, Honda, and others. But ask the average buyer if he or… Read more »
Is China opening up its EV battery market to foreign suppliers?
China has eliminated its list of “recommended battery suppliers,” according to the industry ministry. Foreign battery-makers hope this will open up the country’s market for EV batteries. When the list was first published in 2015, it included only Chinese firms, a policy designed to aid China’s domestic battery sector. Foreign battery-builders complained that the list… Read more »
Audi joins the class of 2019 with the e-tron
A new generation of EVs is beginning to appear on the roads, and these cars have what it takes to compete head-to-head with fossil fuel vehicles. They offer more than enough range to cover anyone’s daily commute, and thanks to vast new charging networks such as Electrify America and Europe’s Ionity, they are increasingly able to… Read more »
Bullish on batteries, Daimler to invest more than $23 billion in battery cells by 2030
To support its goal of electrifying the entire Mercedes portfolio by 2022, Daimler plans to invest more than €20 billion ($23 billion) in battery cells by 2030. The company will also invest €10 billion in expanding the Mercedes-Benz electric fleet and €1 billion in its global battery production network. Daimler currently has battery supply deals… Read more »
Renault’s Alliance Ventures invests in California battery maker Enevate
Alliance Ventures, the venture capital arm of Renault-Nissan-Mitsubishi, has joined heavyweights LG Chem and Samsung in investing in Enevate, a battery technology company based in Irvine, California. Enevate licenses its HD-Energy technology, which is designed to offer fast charging times, superior low-temperature operation and low cost, to various battery and EV manufacturers and suppliers worldwide…. Read more »
VW chooses SK Innovations as additional battery supplier for North America and Europe
The Volkswagen Group has added South Korean battery cell manufacturer SK Innovation (SKI) to its stable of battery suppliers. SKI will supply the batteries for VW’s North American sales and a portion of the batteries for its European pure EVs. VW’s Roadmap E strategy calls for the Group to bring 50 new fully electric models… Read more »