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Stellantis Increasing Production of Electric Drive Modules

The company will add EDM production in Szentgotthard, Hungary, targeted to begin in late 2026.

GM, Honda Begin Volume Production of Fuel Cell Systems

GM and Honda will produce fuel cells that will be two-thirds less expensive compared to Honda’s 2019 Clarity fuel cell.

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.

New Hyundai/Kia Air Skirt Helps to Maximize EV Range

The Active Air Skirt (AAS) helps improve driving range and stability of EVs, the companies said.

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 Opens First EV Charger Factory in Texas

The Fort Worth factory is currently assembling Level 2 AC chargers with variable current settings for up to 11kW output power.

Biden Administration Grants $623M for US EV Charging Network

The plan includes the installation of at least 500,000 public chargers by 2030.

BorgWarner Announces New JV in Chinese Commercial EV Market

A joint venture with Shaanxi Fast Auto Drive Group will develop a high-voltage inverter for commercial vehicles.