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electric-car battery

VinFast Sends First Shipment to U.S.

The Vietnamese automaker has shipped 999 cars to the United States. The vehicles are expected to arrive in December.

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IRA Tax Credit Change Puts Hyundai Profits At Risk

Hyundai may not maintain its EV sales momentum if it can no longer qualify for U.S. tax credits under the Biden Administration’s Inflation Reduction Act.

Stellantis Drives Toward EV Future

Stellantis is negotiating a third electric vehicle battery plant to come online in 2026, reports Stellantis CEO Mark Stewart.

Ford Moves to Build More Components for EVs

Building more parts in-house rather than purchasing them from other suppliers makes financial sense and retains jobs, said CEO Jim Farley.

Automakers Drive Up Spending on EV and Battery Development

Automakers will spend nearly $1.2 trillion through 2030 to develop and produce millions of electric vehicles, EV batteries and raw materials.

Construction Begins on Ford’s New $5.6 Billion EV Manufacturing Complex

The facility will further Ford CEO Jim Farley’s goal to build 2 million EVs annually by the end of 2026.

EV Battery Element Hits New High

The price of lithium carbonate, a key EV battery component, has tripled over past year as demand spikes.

GM and Honda to Collaborate on Affordable EVs

General Motors and Honda Motor Co. announced plans to develop a line of affordable electric vehicles (EVs) with a focus on compact crossovers.

Graphite Supplier Expands U.S. Operations to Supply EV Production

The suburban Detroit site will be among the first large-scale graphite processing plants in the U.S. and the first domestic plant for Graphex.

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Data Shows EVs Cost Less Than Gasoline-Powered Vehicles

Mile for mile, it’s cheaper to recharge an electric vehicle (EV) than it is to refuel one with an internal-combustion engine.

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