Ford CEO doesn’t expect electric vehicle battery costs to drop soon

Ford CEO Jim Farley poses with the Ford F-150 Lightning pickup truck in Dearborn, Michigan, May well 19, 2021. Rebecca Cook dinner | Reuters WAYNE, Mich. – Ford Motor CEO…

Volvo Group plans to build battery plant for truck business

OSLO — Swedish truck maker Volvo Group plans to build a large-scale manufacturing plant for battery cells, little by little developing it up towards 2030 to fulfill a rising demand…

Chevy Bolt owners who opt for rebates must waive right to sue over battery fires

By nevertheless agreeing to this Launch, I—both on my individual behalf and on behalf of my heirs, brokers, servants, beneficiaries, legal representatives, assigns, wards, executors, successors, and administrators—forever waive and…

2022 BMW i4 and iX recalled over potential battery fires

The 2022 BMW i4 eDrive40, i4 M50, iX xDrive50 and iX M60 battery-electrical battery-electric motor vehicles are remaining recalled due to the potential for battery fires. Fortunately it truly is…

Ford says it has battery supplies needed for ambitious EV goals

Ford F-150 Lightning pickup vehicles sit on the manufacturing line at the Ford Rouge Electric Motor vehicle Center on April 26, 2022 in Dearborn, Michigan. Invoice Pugliano | Getty Visuals…

Ford Targets 600,000 EVs by Late 2023, Declares Big Battery Plans

Ford says that it has secured 100 percent of the once-a-year battery-mobile ability that it wants to achieve its intention of selling 600,000 EVs per year around the world by…

VW, partners to invest over $20 billion in car battery business

SALZGITTER, Germany — Volkswagen reported on Thursday it would invest more than 20 billion euros ($20.38 billion) in a battery cell business enterprise jointly with companions, producing 20,000 positions and…

Signs of forced labor found in China’s EV battery supply chain: Report

Hundreds of Uyghurs are working for a mining conglomerate that creates uncooked elements for electrical vehicles as aspect of a so-referred to as work transfer program in China, the New…

BMW iX to Test Experimental Battery Claiming 600 Miles of Range

Carmakers grapple with conflicting ambitions in designing electric-car or truck batteries. They want substantial electricity density for very long assortment, but they also want to minimize the highly-priced metals that…

Shares of China EV maker BYD jump after exec announces Tesla battery deal

This image from Dec. 2019 displays robotic arms spray painting a car or truck entire body shell at the BYD Vehicle Company Constrained Xi’an plant. BYD is set to provide…