EverCharge, an SK Group company, will deploy “a significant number” of EV charging stations at Houston’s George Bush International Airport for Avis Budget Group. The stations will power Avis and Budget’s rental fleet of plug-in vehicles at the airport. Intelligent load balancing allows fleet operators to install more charging stations without straining the existing electrical… Read more »
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EverCharge opens new EVSE factory in Hayward, California
EverCharge, a provider of EV charging equipment for fleets and multi-family homes, is opening a new 30,000-square-foot production factory in Hayward, California. Expected to be completed by early 2023, the new facility is part of the company’s plans to double its factory workforce by mid-2023. The Hayward location was chosen for its surrounding business community… Read more »
SK On to supply Hyundai North America with EV batteries from 2025
Hyundai has signed a Memorandum of Understanding with Korean EV battery manufacturer SK On, to secure a battery supply for the North American market. Under the MOU, SK On will supply batteries to Hyundai’s US plants after 2025, as the Korean automaker aims to bolster its EV presence and sales in the North American Market…. Read more »
SK On signs 5-year lithium hydroxide supply deal with SQM
Battery manufacturer SK On has signed a lithium hydroxide supply deal with Chile’s SQM. The terms of the agreement will enable SK On to purchase up to 57,000 tons of lithium hydroxide over the course of five years starting in 2023—enough to produce batteries for approximately 1.2 million EVs. Obtaining lithium from SQM will help… 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 »
Adamas Intelligence says LFP cell deployment is up 237% in H1 2022
The latest biannual report on the global EV market from Adamas Intelligence highlights expanding EV sales, as well as the growing popularity of LFP battery chemistries, in the first half of 2022. In the first half of 2022, 6.23 million new passenger EVs were registered around the world—an increase of 42% compared to the same… Read more »
LOTTE Group to build cathode foil factory in Elizabethtown, Kentucky
LOTTE Aluminium and LOTTE Chemical, subsidiaries of a giant South Korean conglomerate, plan to invest some $239 million to establish an aluminum foil manufacturing operation in Hardin County, Kentucky. We’re not talking about the kind of foil you use to wrap leftover pizza, but rather cathode foil, a type of ultra-thin aluminum foil that is… Read more »
SK On secures $2 billion in investment for Hungary battery plant
SK On, a battery company and subsidiary of SK innovation, has secured $2 billion in investment resources from export credit agencies, which it plans to devote to an under-construction battery plant in Iváncsa, Hungary. “Euler Hermes and Korea Trade Insurance Corporation will provide insurance worth $800 million and $700 million respectively, and the Export-Import Bank… Read more »
Ford and partners to build 30-45 GWh battery plant in Turkey
Ford has proposed to form a joint venture with Turkish industrial conglomerate Koç Holding and South Korea’s SK Innovation to make EV batteries at a new plant near Ankara. The factory, which is expected to have an annual capacity of 30 to 45 GWh, will supply batteries for Ford’s commercial vehicles, which are expected to… Read more »
Ford unveils big plans for an EV factory and 3 battery plants in Tennessee and Kentucky
Here at Charged, we don’t usually repeat superlative claims—“the first, the biggest, the fastest”—we leave those to the Guinness Book of Records. In this case, however, we’ll make an exception. Ford says its plan to build two new manufacturing complexes in Tennessee and Kentucky represents “the largest ever manufacturing investment at one time by any… Read more »