Toyota on Wednesday announced a "long-term" battery supply agreement with LG Energy Solution, which the automaker claims will secure batteries for U.S. EV production. Under the contract, LG will supply battery modules at an annual capacity of 20 gigawatt-hours starting in 2025, according to a Toyota press release. Comprised of...
Toyota on Wednesday announced a "long-term" battery supply agreement with LG Energy Solution, which the automaker claims will secure batteries for U.S. EV production. Under the contract, LG will supply battery modules at an annual capacity of 20 gigawatt-hours starting in 2025, according to a Toyota press release. Comprised of...
Swedish battery firm Northvolt on Thursday said it would build a $5.2 billion (USD) EV battery factory in Canada's Quebec province—its first outside of Europe. Known as Northvolt Six, the factory will be located just outside Montreal, according to a company press release. The first phase of construction is scheduled to start this year, with...
Israel-based battery firm StoreDot on Thursday announced a "strategic collaboration" with Volvo to develop very fast-charging battery cells for future EVs. The partnership will produce cells "optimized and tailored for Volvo's future electric vehicle architecture," according to a StoreDot press release. The company expects to deliver the first...
EVs produce no "tailpipe" emissions, but the environmental impact of battery production has car shoppers concerned about EVs' overall carbon footprint, according to a new Ipsos survey. Of the consumers surveyed, 73% said they were concerned about how EV battery production might affect the planet. Further, 74% said they were concerned about the...
Hot weather can cause EV batteries to degrade faster, but there are some simple things owners can do to help protect their cars, according battery-health analysis firm Recurrent. Recurrent publishes battery health reports for used EVs, but also uses the data pulled from vehicles to study the impact of hot and cold weather on range and battery...
Toyota on Thursday provided an update on its battery development plans, including a more detailed roadmap for the rollout of solid-state batteries. The automaker has five next-generation battery designs, including both liquid and solid electrolytes. Toyota expects the solid-state batteries, which the company has been researching with Panasonic, to...
Chinese battery maker Gotion will build a $2 billion EV battery factory in Manteno, Illinois, with plans to begin production in 2024. The battery plant was announced September 8 by Gotion and the State of Illinois, which provided a $536 million incentive package to land the project. Under the terms of the deal, Gotion is also eligible to receive...
Expanded U.S. EV battery production is a cornerstone of the Biden administration's effort to grow the economy while shifting it to less carbon-intensive pursuits. But a new Bloomberg report highlights a potential issue with that plan. As it negotiates new contracts with the Detroit Three U.S. automakers, the United Auto Workers (UAW) is not happy...
Chinese battery supplier CATL on Wednesday announced a new lithium iron phosphate (LFP) battery that the company claims will enable super-fast charging. Called Shenxing, the new battery is scheduled to enter mass production later this year, according to a company press release. CATL claims it can recover 250 miles of range in just 10 minutes of...
Stellantis announced early Monday that it plans a second U.S. battery plant to help support American EV production. With a memorandum of understanding signed between Stellantis and Samsung SDI Monday, the companies seek to start production at the facility in 2027 and “an initial annual production capacity of 34 gigawatt-hours.” But the...