The greatest barrier to EV adoption is the steep price premium relative to legacy vehicles—and for the past couple of years, prices have been moving in the wrong direction, thanks to supply-chain constraints and general post-COVID inflation. When Tesla recently announced price cuts of up to 20 percent, the boo-birds crowed about softening demand, but… Read more »
Search Results Found For: "raw material"
Fraunhofer’s EKODA project aims to develop circular value creation
German research organization Fraunhofer has announced the launch of its EKODA project, which focuses on the mobility industry with the aim of addressing issues such as resource scarcity, rising prices of raw materials and energy, supply chain disruptions, and waste disposal. Its goal is to swap conventional recycling for what it calls a circular economy…. Read more »
Billions of bucks for US battery plants announced in 2022
Electrifying transportation is going to require beaucoup batteries, and for a raft of reasons, those batteries need to be built near the vehicle markets they serve (not shipped halfway around the world, as is often the case today). The Biden Administration’s Inflation Reduction Act includes incentives for automakers to source their batteries here in the… Read more »
Volkswagen and PowerCo SE to search for a battery cell factory site in Canada
The Volkswagen Group and its recently founded battery company PowerCo SE intend to rapidly expand their global battery business to North America. To that end, Volkswagen and the Canadian government have signed a Memorandum of Understanding to identify suitable sites for a battery cell factory in Canada. The two parties will continue their cooperation in… Read more »
IRS releases more details about new tax credits: some foreign-assembled EVs may be eligible
We’re pleased that our pols revamped the federal EV tax credit—the new deal fixed some of the problems with the old rules, and added incentives to encourage the development of a North American supply chain for EVs and batteries. However, as is the case with any new government program, passing the law was just one… Read more »
Vale Canada to supply GM with nickel for EV batteries
Vale Canada has signed a long-term deal with GM to supply the automaker with nickel sulfate, a chemical compound used for producing cathode active materials for nickel-based lithium-ion batteries. Under the agreement, Vale will supply GM with battery-grade nickel sulfate, equivalent to 25,000 metric tons of contained nickel per year, which GM will use to… Read more »
6 tips for creating high-throughput battery production in record time
Batteries represent nearly one third of the total price of a typical EV, and there’s a push to get that down to 20% or less by the end of this decade. In an effort to lower costs and accelerate production, the EV industry has been searching for ways to make the assembly process more efficient… Read more »
European Battery Alliance says European battery industry is in “crisis,” calls for billions in “emergency” investments
The US Inflation Reduction Act was intended to boost investment in US battery manufacturing, and it appears to be working—so well, in fact, that European battery producers are becoming alarmed. The European Battery Alliance (EBA), a group of around 800 industry stakeholders that was founded in 2017, has presented what it calls a “crisis proposal”… Read more »
Improving speed to market: Navigating EV assembly challenges
Sponsored by Bosch Rexroth:The electric vehicle (EV) revolution gains more momentum every day, driving change to automotive manufacturing in unprecedented ways. With rapidly growing demand comes the need to rapidly scale assembly operations — and that can create significant challenges. Vehicle manufacturers constantly seek new, more productive automation technologies to boost their quality and productivity…. Read more »
5 electric vehicle trends seen in 2022
Sponsored by Parker LordJust over a decade ago, a report by IDTechEx predicted 1.5 million battery-electric vehicle (EV) sales by the start of 2021—a prediction seen by many as overly optimistic. Yet, it turned out to be a significant underestimate by more than half. And there is no sign of EV sales slowing in 2022. In fact, Bloomberg… Read more »