Battery material plant will feed GM's North American EV supply chain

In order to produce affordable electric vehicles at scale, automakers need to both drive down battery costs and secure a stable supply of critical materials. For General Motors and its Ultium Cells LLC joint-venture battery plants with LG Energy Solution, that will be aided by plans announced Wednesday to form a joint venture between the automaker...

7h

Report: EV battery costs hit another low in 2021, but they might rise in 2022

Global average battery prices fell 6% between 2020 and 2021, but they might be on the rise going forward, according to Bloomberg New Energy Finance's (BNEF) annual battery price survey. Lithium-ion battery pack prices averaged $132 per kwh in 2021—down from $140 per kwh in 2020—and $101 per kwh on a cell basis, the report said...

10h

Mercedes-Benz and Stellantis invest in Factorial for solid-state cells boosting range up to 50%

Mercedes-Benz and Stellantis are investing in Massachusetts-based solid-state battery firm Factorial Energy, becoming the latest in a series of automakers to back development of solid-state batteries. Multiple solid-state battery firms have cropped up promising improvements in performance over the lithium-ion chemistry used in nearly all current...

11h

2023 Kia Niro: EV, hybrid, and plug-in hybrid versions return in redesigned model

Kia has provided a first look at a redesigned, second-generation Niro, plus a nod that this sustainability-focused crossover will again be offered in hybrid, plug-in hybrid, and fully electric versions starting next year. The company hasn’t provided any update on which of these models are U.S.-bound—or even how the Niro’s...

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Nio and Shell partner for battery swapping and charging stations, in Europe and China

Oil giant Royal Dutch Shell and Chinese EV firm Nio last week announced a cooperative agreement to expand charging and battery swapping stations in Europe and China. The agreement includes a network of co-branded battery swapping stations, starting with two pilot sites in China, the two companies said in press releases. Shell and Nio hope to...

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Mercedes Vision EQXX concept touted as brand's most efficient EV yet, due for January 3 reveal

The efficiency-focused Mercedes-Benz Vision EQXX concept will be revealed on January 3, 2022, Mercedes R&D boss Markus Schäfer announced in a LinkedIn post last week. Announced in July, the Vision EQXX targets 1,000 kilometers (621 miles) of real-world range on a single charge. That's about 100 miles more than the 520-mile Lucid Air Dream...

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Mercedes Vision EQXX concept touted as brand's most efficient EV yet, due for January 3 reveal

The efficiency-focused Mercedes-Benz Vision EQXX concept will be revealed on January 3, 2022, Mercedes R&D boss Markus Schäfer announced in a LinkedIn post last week. Announced in July, the Vision EQXX targets 1,000 kilometers (621 miles) of real-world range on a single charge. That's about 100 miles more than the 520-mile Lucid Air Dream...

1d

Nissan aims for 15 EVs by 2030, solid state batteries by 2028

Nissan on Monday unveiled an ambitious plan to launch nearly two dozen new electric cars and hybrids and invest in solid state battery tech by the end of the decade. Dubbed Nissan Ambition 2030, the plan calls for 23 electrified models for the Nissan and Infiniti brands globally, including 15 all-electric vehicles, by 2030. It's part of a larger...

2d

Toyota is poised to make affordability, not range, at the center of its EV play

Toyota’s onslaught of battery electric vehicles is likely to arrive later than those from other automakers. But when these models appear, don’t expect Tesla range numbers—or Tesla prices. Toyota instead plans to go light with batteries on its EVs and compete with affordability, durability, and environmental responsibility, all...

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Hyundai Home ecosystem due in 2022 will cover solar, charging, energy storage

Hyundai recently unveiled a coordinated home-energy ecosystem, bundling EV charging, solar, and home energy storage. Dubbed Hyundai Home, the service will provide one-stop shopping for these products to Hyundai customers, the automaker said in a press release. It's scheduled to launch in certain markets in 2022. Rather than leaving customers to...

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