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Ford and CATL

Senator Rubio ramps up efforts to block Ford and CATL partnership...

A partnership between Ford and CATL is still under fire from Florida Senator Marco Rubio, who last week submitted legislation which would prevent the...

EV battery recycler Li-Cycle to receive conditional $375 million loan

Yesterday, Lithium battery recycling company Li-Cycle announced it would be acquiring a $375 million conditional loan from the Department of Energy. The loan is intended...

Ford and CATL confirm new LFP battery factory, announce location

Yesterday afternoon, Ford and Chinese battery maker CATL confirmed a new lithium iron phosphate (LFP) battery factory in Michigan. The news arrives some weeks after...
tax incentive

EV tax incentive delays could work in auto industry’s favor

The U.S. Treasury Department announced it would delay key pieces of its 2023 electric vehicle tax incentive guidelines until March. Originally, the agency aimed to...
battery Hyundai

Hyundai and SK On to bring even more EV battery plants...

Korean automaker Hyundai has announced a joint venture with SK On to construct a new battery manufacturing plant in the U.S. This plant would not...

GM predicts rosy financial future thanks to EV growth

GM announced last Thursday it expects its EV profits to match sales of gas-powered vehicles by 2025, five years earlier than initially projected. Speaking to...