GM has promised to launch 30 new EV models by 2025, and the automaker teased a couple of these at the recent From Automaker to Platform Innovator event for investors. GM President Mark Reuss said that Chevrolet will launch an electrified version of the Equinox. “The Chevrolet crossover you see up here is an Equinox… Read more »
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Ford and Redwood Materials to collaborate on battery recycling
Redwood Materials, the battery materials firm founded by Tesla cofounder JB Straubel, has announced a partnership with Ford. The two companies will work together to “create a closed loop for battery recycling and a domestic supply chain for critical battery materials.” Ford also made a strategic investment of $50 million in Redwood. “Excited to work… 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 »
Ford raises its EV game: 40% pure EVs by 2030, new platforms, new battery initiatives and more
In a virtual meeting with investors, Ford outlined a plethora of plans to expand its electrification efforts. There was a big bundle of news, which will take the media some days to fully unpack, but the gist of it is that, under a plan dubbed Ford+, the automaker will be allocating capital to three priority… Read more »
Kia releases official specs for US-market EV6 electric crossover
In March, Kia teased us with some exterior and interior images of the EV6 electric crossover, the automaker’s first dedicated (that is, not adapted from a legacy vehicle) EV. Now the automaker’s American division has confirmed official specs for the version destined for the US market. The EV6 will be available with two powertrain configurations… 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 »
Global plans for 80 new battery Gigafactories won’t be enough says ABB-sponsored report
As demand for EVs escalates, the supply of batteries could become a bottleneck. Global firms are collectively planning to build 80 new battery gigafactories (sorry Tesla, but everyone’s calling them that now). A new report sponsored by ABB Robotics and authored by the automotive intelligence unit of Ultima Media suggests that this won’t be sufficient…. Read more »
Rivian’s Adventure Network will include 3,500 exclusive DC fast chargers
Rivian’s upcoming R1T pickup and R1S SUV are aimed squarely at the outdoorsy, adventurous set, and the company is building an exclusive charging network to match. The Rivian Adventure Network will be a nationwide network of DC fast chargers that connects cities on popular routes across the US and Canada, and also extends into remote… Read more »
Rivian rushes to ramp production as it prepares to launch 3 EV models
Bringing a new vehicle into production is an undertaking that has bankrupted many a would-be automaker. EV trend-setter Tesla started out with just one low-volume model, and narrowly survived the experience. Electric truck startup Rivian Automotive plans to launch three new vehicles in the space of a few months. Rivian-watchers say the company is counting… Read more »
Is Ford’s increase in EV investment a shot across GM’s bow?
Ford’s Q4 2020 earnings report included an announcement that the automaker will increase its investments in electrification to at least $22 billion through 2025, nearly twice the previously-announced level (the company also committed an additional $7 billion to autonomous vehicle tech). As auto analyst John Voelcker pointed out, Ford’s figure tops GM’s announced investment of… Read more »