EV Battery Prices Climb For The First Time
For the first time in over a decade, the cost of producing a kWh of battery capacity has gone up!
Manufacturing
ABB Investment in EV Charger Manufacturing Will Help Drive US Adoption
The Bipartisan Infrastructure Law and the Inflation Reduction Act both make transformational investments in the electrification of America’s transportation system, including personal vehicles, school buses, transit buses, commercial fleets and the building of a national network of public chargers. These investments are key to achieving the vehicle electrification targets set by … [continued]
Bosch Set to Invest $260 Million, Create 350 Jobs in South Carolina
This week, Bosch announced officially began producing of electric vehicle motors at its Charleston, SC facility. The company plans to invest $260 million more to further expand production of EV components at the site, and expects to create at least 350 high-paying manufacturing jobs in the region by 2025. “We … [continued]
Volvo Trucks Ramps Up Big Electric Truck Production
More highly capable electric semi trucks are coming to market every day.
Global Chip Shortage May Be (Finally!) Easing Up
Suddenly, the computer chip shortage appears to be easing as demand for smartphones and laptop computers shrinks.
Biden to Invoke Defense Production Act to Boost EV Mineral Production
President Biden gets serious when it comes to bringing large-scale electric vehicle production to the US.
Toyota Plans To Cut Global Production In April By 17%
Toyota is reeling – the auto giant is slashing production estimates.
Volvo Cars & Northvolt Invest $3.3 Billion In R&D Center
Volvo is making moves that will give it full control over its future.
E-Powersports Company Taiga Gets $50 Million For A Factory
Electric powersports company Taiga has been developing some top-shelf, all-electric personal watercraft and snowmobiles in recent years, but it’s about to make even bigger waves (Ha!) in the powersports business thanks to a $50 million raise in support of a new production facility in Shawinigan, Quebec, Canada. The project represents … [continued]
BMW Creates Closed-Loop Cycle For Rare-Earth Tungsten
One of the common criticisms leveled against widespread EV adoption is the use of the rare-Earth minerals used in batteries, solar cells, and processors (“chips” as they’re commonly referred to). Those materials are often hard to mine, and expensive, leading to some — let’s go with “questionable” means of acquiring … [continued]
