Tesla is rumored to be behind LG’s $4 billion LFP battery cell order
Tesla is rumored to be behind a large $4 billion lithium-iron phosphate (LFP) battery cell order with Korea’s LG Energy Solution. more…
Tesla is rumored to be behind a large $4 billion lithium-iron phosphate (LFP) battery cell order with Korea’s LG Energy Solution. more…
Hyundai is preparing to launch what’s expected to be its most advanced EV yet. With its official launch just around the corner, Hyundai’s new Elexio SUV is already beating expectations in global testing. more…
Consumers hate in-car subscriptions. But that won’t stop automakers from going all-in.
Tesla has reportedly inked a multi-billion-dollar deal with LG Energy Solution in an effort to avoid tariff pressure and domesticate more of its supply chain. Reuters is reporting that Tesla and LGES, a South Korean battery supplier of the automaker, signed a $4.3 billion deal for energy storage system batteries. Read more
Vietnamese EV manufacturer VinFast has signed its first authorized dealership in California, part of its strategy to expand its sales model through a network of dealerships across the US. The company’s VF 9 full-size electric SUV is currently available in the US. VinFast San Diego, part of the Sunroad Automotive Read more
South Korean battery and trading company SK On plans to accelerate its lithium iron phosphate (LFP) battery business targeting North America’s energy storage system (ESS) market. The company has signed a memorandum of understanding (MoU) with South Korean battery materials maker L&F to supply LFP cathode materials for the North Read more
Ionic Mineral Technologies, a vertically-integrated US producer of advanced materials for the energy, defense and technology sectors, has closed a $29-million Series B financing round. The oversubscribed round, which exceeded its initial $25-million target, will enable the company to expand capacity at its facility in Provo, Utah, accelerating production of Read more
Q&A with EVpin CEO and founder Maythem Alsodani Site selection is a critical part of any EV charging infrastructure project, but obtaining the necessary information to make data-driven decisions can be extremely complicated. EVpin aggregates a wide range of data in an online tool that allows CPOs or other charging Read more
Kautex Textron has received an order from a major EV manufacturer for thermoplastic composite lower battery housing units from the company’s Pentatonic battery enclosure portfolio. The Pentatonic product line features lightweight, customizable solutions using thermoplastic composite or composite-metal hybrid construction. Kautex says these technologies are intended to improve battery pack Read more
Mercedes-Benz is quietly suspending orders on some of its most popular EV models in the US. The German luxury automaker has already halted the order bank for the electric EQS and EQE, both the sedan and SUV models. more…