Search Results Found For: "KORE POWER"

LG Energy Solution will invest $3 billion in US plant to supply Toyota with EV batteries

Another sign that the sleeping Japanese giant is starting to stir: Toyota has signed a supply agreement with Korean battery-maker LG Energy Solution for lithium-ion batteries that Toyota will use in its US-built EVs starting in 2025. LGES will invest $3 billion in its Holland, Michigan battery facility for dedicated production lines to supply a… Read more »

German Chancellor proposes to require most service stations to provide EV fast charging

Speaking at the recent IAA car show in Munich, German Chancellor Olaf Scholz announced a new push to expand the number of public EV charging stations in his country. Scholz said that Germany will become “the first country in Europe to introduce a law requiring operators of 80% of all service stations to provide fast… 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 »

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 »