BERLIN — Volkswagen and a technology partner have mastered a battery manufacturing process called dry coating which if scaled up could cut the cost of cell production by hundreds of millions of euros a year, its battery chief said on Friday. The carmaker, which is working with printing press manufacturer Koenig & Bauer AG on
General Motors and Samsung SDI will build a more than $3 billion EV battery cell plant in Indiana scheduled to begin operations in 2026, creating 1,700 jobs, the state’s governor said Tuesday. The companies said in April they would invest more than $3 billion to build a joint venture EV battery manufacturing plant in the
MILAN — Stellantis has invested in Lyten to help the U.S. startup develop applications for lithium-sulfur EV batteries, lightweight composites and on-board sensing solutions, the two companies said on Thursday. The investment, through Stellantis’ venture capital arm Stellantis Ventures, aims to help the world’s third largest carmaker by sales simplify its supply chain and pursue
In a wide-ranging discussion about sourcing materials to keep the wheels turning on the electric-vehicle evolution, the head of the Stellantis car-making conglomerate outlined a “volatile” situation that may restrict EV manufacture around the globe. Speaking at a panel this week at the Freedom of Mobility Forum in Detroit and reported in the Detroit News,
Companies such as Ford (F) are collectively pouring hundreds of billions of dollars into electric vehicles (EVs). But as the industry transitions toward zero carbon emissions, battery supply chains could stand in the way of those ambitions. “First of all, batteries are the constraint here,” Ford CEO Jim Farley told Yahoo Finance Live (video above).
Albemarle Corp said it had chosen Chester County, South Carolina, as the location for a $1.3 billion lithium processing plant it hopes will cement its status as a cornerstone of the rapidly growing U.S. electric vehicle industry. The facility, which was first announced last year without a specific location, will double the company’s lithium processing
U.S. Senator Marco Rubio on Thursday introduced legislation that takes aim at Ford Motor’s deal to use technology from Chinese battery company CATL as part of the automaker’s plan to spend $3.5 billion to build a battery plant in Michigan. Rubio, the top Republican on the Intelligence Committee, introduced legislation that would block tax credits
Rivian R1S buyers will have an additional powertrain option to choose from in late 2023. The company announced that the “Max” battery pack already available on the R1T truck will be offered on the R1S in the fallelec, and it won’t reduce the SUV’s seating capacity. Posting on Twitter, company founder and CEO RJ Scaringe
Top automakers including Tesla Inc., General Motors Co. and Ford Motor Co. are heading out on the mining conference circuit as soaring demand for metals used in electric vehicles ignites a scramble to lock in long-term supplies. Those major U.S. firms, along with Rivian Automotive Inc. and European counterparts Stellantis N.V., Mercedes-Benz Group AG and
BERLIN — Tesla has begun assembling batteries in Germany but will focus cell production in the U.S. in light of Inflation Reduction Act incentives, the company said, making it one of the firms declaring a strategy shift prompted by the package. The U.S. electric-vehicle maker is also preparing to produce cell components such as electrodes, some
