BorgWarner Signs Agreement for LFP Battery Packs
It will be the only non-OEM localized manufacturer with rights to localize LFP battery packs for commercial vehicles.
REE Automotive, Knapheide Debut Full Vehicle Solution
REE’s first demo P7-C fully by-wire chassis cab has arrived in the U.S. and has completed its upfitting at Knapheide in Quincy, Illinois.
Chrysler Unveils Chrysler Halcyon Autonomous EV Concept
The automaker will launch its first battery-electric vehicle in 2025 and will feature an all-electric portfolio in 2028.
CITGO Enters EV Space with Pilot Program Launch
The CITGO location on 11 Mile Road in Michigan now offers both regular transportation fuel and EV charging stations.
Toyota Bringing Battery EV Production to Kentucky
It will invest $1.3 billion at its flagship Kentucky facility for future electrification efforts, including assembly of an all-new, three-row battery electric SUV for the U.S. market.
Honda’s Cumulative EV Sales Tick Past the 1 Million Mark
The automaker says it has a vision to make battery-electric and fuel-cell electric vehicles represent 100% of its new vehicle sales by 2040.
StoreDot Introduces Extreme Fast Charging Concept Vehicle
The company’s I-Beam XFC includes a proprietary “100in5” cell technology, which enables charging 100 miles of range in just five minutes.
Clarios, Altris Partner on Low-Voltage Sodium-Ion Batteries
The companies will develop a Na-ion battery with a potential of up to 60 volts to support automotive applications.
Lightning eMotors to Sell Substantially All Assets
Cordes & Company, as receiver of the Company, has entered into an Asset Purchase Agreement to sell substantially all of the assets of the company for $12.6 million in cash.
Global EV Sales Expected to Triple in 2024
Americans are expected to buy close to 1.3 million electric vehicles this year, or 10% of global sales.
Kelley Blue Book: Americans Bought Nearly 1.2 Million EVs in 2023
EVs represent the fastest-growing car sales category, holding a 7.6% share of the total U.S. vehicle market in 2023, Kelly Blue Book reports.
LG Electronics Opens First EV Charger Factory in Fort Worth, Texas
The Fort Worth factory is currently assembling Level 2 AC chargers with variable current settings for up to 11kW output power.