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battery plans

Tesla cuts its German battery plans after receiving favorable U.S. incentives

Tesla is one of the first companies to publicly announce a strategic move as a result of the Inflation Reduction Act (IRA) incentives. The...

VinFast to manufacture in North Carolina with a $4 billion investment

Vietnamese electric vehicle (EV) startup VinFast confirmed earlier this week that it had chosen North Carolina as the location of a new production facility....

Toyota commits $3.4 billion to battery development in US

On Monday, Toyota Motor North America unveiled a plan to spend billions of dollars on automotive battery development in the US. The carmaker also...

GM and LG Chem choose Tennessee to enhance battery production leadership

GM and LG Chem announced Friday plans to build a $2.3 billion battery production facility in Spring Hill, Tennessee. This facility, the second in...