New EV models drive up North American factory production
In the first quarter, North American factories produced almost 29,000 cars in models that weren’t being manufactured a year ago.
electric cars
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Report: Massive EV battery plant in Indiana on hold
The Wall Street Journal first reported Friday that General Motors Co. and Korea-based LG Energy Solution failed to come to an agreement on building a fourth plant through their Ultium Cells joint venture.
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Feds approve Indiana’s $100M plan for electric vehicle charging network
The approval paves the way for the Indiana Department of Transportation to begin the process of installing more than 100 charging stations across the state.
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GM to spend $491M to support EV production at Indiana plant
The company said it will add two press lines at its Marion Metal Center and invest in upgraded equipment to equip new and future electric vehicle models, including the Chevrolet Silverado EV, GMC Hummer EV, Hummer EV SUV, and Cadillac Lyriq.
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Battery maker seeks tax break to build potentially massive plant in Indiana
A joint venture between General Motors Co. and LG Energy Solution has filed a tax abatement application for a facility in New Carlisle that—based on similar projects elsewhere—could bring more than $2 billion in investment and more than 1,000 jobs to northern Indiana.
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Articles
South Korean company plans $102M recycling plant in Kokomo for EV industry
Jaewon Industrial plans to build a chemical recycling plant in Kokomo to serve the lithium-ion battery and electrical vehicle industry, creating 100 jobs by the end of 2024.
Honda outlines ambitious global strategy for electric cars
Honda is gearing up for an electrification shift in North America with two models developed with General Motors going on sale next year and a bigger EV with a new platform in 2025, a year earlier than initially announced.
GM, Samsung plan new EV battery cell factory in U.S.
The companies said they plan to invest more than $3 billion in an electric vehicle battery cell plant that is expected to begin operations in 2026.
Partner in planned Indianapolis battery plant facing financial distress
In June, Slovakian startup InoBat announced it was partnering with New York City-based Ideanomics to build the research, development and manufacturing facility. But Ideanomics now says it’s not sure it will be in business in a year.
Fewer electric vehicles qualify for federal tax credits under new rules
The new list includes a total of 16 domestically manufactured models, with just 10 of the models qualifying for the full $7,500 tax credit.
EPA proposes strict emission limits to boost U.S. electric vehicle sales
The proposed regulation, announced Wednesday by the EPA, would set tailpipe emissions limits for the 2027 through 2032 model years that are the strictest ever imposed—and call for far more new EV sales than the auto industry agreed to less than two years ago.
EPA car rule expected to mandate huge increase in EV sales
The proposed regulation, to be released Wednesday by the EPA, would set greenhouse gas emissions limits for the 2027 through 2032 model years for passenger vehicles that would be even stricter than goals the auto industry agreed to in 2021.
Walmart to add EV charging to thousands of stores by 2030
The company plans to add the fast-charging stations to Walmart and Sam’s Club stores coast-to-coast, more than quadrupling its current network of roughly 280 locations.
War of the states: EV, chip makers lavished with subsidies
Good Jobs First, a not-for-profit that tracks and is critical of corporate subsidies, said 2022 set a record for the number of billion-dollar-plus incentive deals.
Ford says EV unit losing billions, should be seen as startup
Ford Motor Co.’s electric vehicle business has lost $3 billion before taxes during the past two years and will lose a similar amount this year as the company invests heavily in the new technology. Those figures were released Thursday as Ford rolled out a new way of reporting financial results.
GM offers buyouts to most U.S. salaried workers to trim costs
The decision to offer buyouts comes at an uncertain time for the auto industry, which is in the midst of a transition from internal combustion to electric vehicles. GM has a goal of selling only electric passenger vehicles by 2035.
Stellantis making $155M investment for EV-battery production in Kokomo
Stellantis, which is also co-creating a $2.5 billion EV battery manufacturing facility in Kokomo, says the new investment will help retain 265 jobs across three facilities in the city.
Confusion over EV tax credits stymies buyers, sellers
Dealers say the lack of clarity has made it hard for them to promote EVs to buyers because no one is sure how long certain vehicles will qualify for the $7,500 credit.
Supplier for electric vehicles plans $48M move to Lawrence
Parker Lord plans to migrate 102 employees from its 214,000-square-foot existing facility at 5101 E. 65th St. and hire another 55 at the new facility in Lawrence.
Tesla recalling nearly 363K vehicles to fix self-driving system
The recall, part of part of a larger investigation by the National Highway Traffic Safety Administration into Tesla’s automated driving systems, is the most serious action taken yet against the electric vehicle maker.
Tesla to open up a portion of its charging network to all EVs
The aim is to give EV owners more freedom to travel, and it will include at least 3,500 of Tesla’s Supercharger stations—which tend to be near highways—as well as its slower Level 2 “destination chargers” at locations such as hotels and restaurants.
High prices for electric vehicles dampen green-energy hopes
Consumer worries about high prices, sparse charging infrastructure and the risks of road-testing new technology are still obstacles to mainstream acceptance, analysts and car buyers say.
U.S. official warns of risks posed by heavy electric vehicles
The extra weight that EVs typically carry stems from the outsize mass of their batteries. To achieve 300 or more miles of range per charge from an EV, batteries have to weigh thousands of pounds.
Stellantis CEO says cost cuts necessary due to higher EV prices
Without cost reductions, EVs will be too expensive for the middle class, shrinking the market and driving costs up more, CEO Carlos Tavares told reporters Thursday at the CES gadget show in Las Vegas.