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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...

Toyota increases investment in N. Carolina battery plant by $2.5 billion

Toyota Motor Corporation announced that the company would increase investment in a new US battery plant in response to rising consumer demand for electric...
EV battery

Samsung SDI and Stellantis to build EV battery plant in Indiana

South Korea-based Samsung SDI and Stellantis N.V. announced this week they would be entering into a joint venture to build a lithium-ion battery production plant in...