As EV Sales Slump, Volkswagen Scales Back Battery Factories Buildout

Enlarge / A VW worker on the assembly line at Emden in Germany. Volkswagen Volkswagen will wait to see what electric car demand is like before building out all six of its previously planned battery factories. Thomas Schmall, VW’s board member in charge of technology, told a German newspaper… Photo and Credits: This article is from Jonathan M. Gitlin and Read More

7 EV Battery Stocks To Buy In 2024

The automobile industry is moving toward electrification. All major automakers are actively developing or already selling electric vehicles (EVs). tesla (TSLA -3.05%) is an industry pioneer. now, ford (F -0.04%), general motors (GM -0.62%), Volkswagen (Voisy 0.23%), Daimler (Big 0.55%),others… Source: www.fool.com

Nissan: Next-generation Solid-state Battery EV To Be Sold In 2029

New technology has its limits. Someone is always working on a moonshot project to eliminate them. That’s especially true for today’s electric vehicles (EVs). The lithium-ion batteries that power most EVs today are very similar to those that power phones and laptops. However, many automakers are pursuing entirely new types of vehicles. Source: Kelley Blue Book

BMW Group Announces $1.7 Billion Investment In Electric Vehicle Manufacturing In The U.S., Signs Agreement With Envision AESC To Supply Battery Cells To Spartanburg Plant

Spartanburg (USA)/Munich. The BMW Group continues to develop its electromobility plans with new investments in the United States to expand the Spartanburg plant and the company’s manufacturing footprint in the United States. Oliver, Chairman of the BMW Group Management Board… Source: www.press.bmwgroup.com

2025 Hyundai Ioniq 5 Has Larger Battery And Rear Wiper

It looks like the 2025 Hyundai Ioniq 5 will get some updates, at least based on the revealed Korean version. The available 77.4 kWh battery pack expands capacity to 84.0 kWh, significantly increasing range. These changes are expected to arrive in the U.S. for the 2025 model year. After 3 model years on the market, Source: Car and Driver

The First $4,000 Tax Credit Is Available On Used Electric Vehicle Purchase Passes, But New Teslas Are Not Eligible For The Larger $7,500 Rebate.

The Senate just passed a $740 billion bill on tax reform, climate change, and lower health care costs, so Tesla could continue to receive big government benefits. The huge climate section of USD 370 billion includes newly issued credits for the purchase of used electric vehicles or automobiles. Source: www.notebookcheck.net

Reborn With Ultium Battery

General Motors CEO Mary Barra confirmed during today’s earnings call that a second-generation Chevrolet Bolt EV is coming. Earlier this year, General Motors announced it would end production of the Bolt as its hatchback factory prepares to transition to assembling electric pickups. But Bolt isn’t dead and is actually getting better with Barra… Source: Car and Driver