Ford is making a substantial investment in the Canadian electric vehicle (EV) industry by injecting $890 million USD into the construction of an EV battery materials plant. The investment is a collaboration involving EcoProBM, SK On, and Ford, aimed at establishing a cathode manufacturing facility in Bécancour, Québec. The overall investment amounts to approximately $1.2
Stellantis, the automaker known for brands like Chrysler, RAM, Jeep, and Dodge, has recently made a substantial commitment to California’s Controlled Thermal Resources. This move involves an investment exceeding $100 million, signaling Stellantis’ growing interest in the direct lithium extraction (DLE) sector. This strategic maneuver aligns with the broader global effort to secure fresh sources
General Motors has announced a strategic move towards enhancing its electric vehicle (EV) offerings by investing in a Silicon Valley startup. This investment is aimed at expediting the development of a more cost-effective battery chemistry for their future electric vehicles. The company in focus, Mitra Chem, which is situated in Mountain View, California, utilizes artificial
Ford has implemented a noteworthy alteration to the Mustang Mach-E line this year, introducing a new lithium-iron phosphate (LFP) battery configuration for its entry-level models. This strategic change replaces the previously utilized NCM-type batteries. The LFP battery technology will be exclusively incorporated into the Standard Range (SR) versions of the Mach-E, while the Extended Range
Cold weather has a notable impact on EV batteries, causing them to deplete more quickly. This issue is particularly evident in Tesla EVs, which have faced allegations of overstated ranges, especially during colder conditions. The root of the problem lies in the need for cabin heating, as electric cars solely rely on battery power for
General Motors is taking a significant step in the realm of electric vehicle (EV) technology by introducing bidirectional charging capabilities to its upcoming lineup of Ultium-based EVs. This innovative feature, known as vehicle-to-home (V2H), empowers users to utilize their EVs as backup generators by exporting power from the vehicle’s high-voltage batteries to their homes. Initially
We have long wondered how big oil companies would benefit from the emergence of electric vehicles, but now we seem to have some new perspective on those future dealings. Exxon Mobil is reportedly engaged in discussions with leading automakers, including Tesla, Ford Motor, and Volkswagen, regarding the supply of lithium for electric vehicle (EV) batteries,
Lithium-ion battery fires have become a major concern for the electric vehicle (EV) industry, impacting everything from e-bikes to high-end Teslas. These fires pose a significant challenge for the electro-mobility sector, which is already dealing with cost issues and infrastructure challenges. Not only have some of these fires resulted in fatalities, but they have also
Stellantis, the French-Italian automaker (Chrysler, Dodge, Jeep, RAM, Fiat, Maserati, Alfa Romeo), and Samsung SDI, a South Korean battery maker, have revealed plans to establish a second joint-venture plant in the United States focused on manufacturing electric vehicle (EV) batteries. The targeted commencement of production is set for 2027. However, the project’s finalization is still
A relatively obscure clause buried within the U.S. Inflation Reduction Act is rapidly transforming the landscape of electric vehicle (EV) battery recycling in North America. With the clause in effect, companies are scrambling to recycle EV batteries in the region, positioning it as a key player in the global race to challenge China’s dominance in
