EVs
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Deep Dive
Inventory management key amid EV uncertainty, affordability woes, experts say
Automakers could struggle to manage inventories as federal support for electric vehicle purchases could change with the new administration.
By Michael Brady • Dec. 11, 2024 -
E-Storage subsidiary to build $712M plant in Kentucky
Shelbyville Battery Manufacturing is establishing a cell, module and packaging facility and is set to begin production in 2025.
By Sara Samora • Dec. 9, 2024 -
Rivian to open its charging network to all EV drivers
The move follows Tesla’s decision to open its Superchargers to other automakers to improve public access and promote EV adoption.
By Eric Walz • Dec. 6, 2024 -
Volkswagen’s PowerCo secures battery materials supply deal
The five-year agreement with Australia-based Novonix, a manufacturer of synthetic graphite material, is slated to start in 2027.
By Kelly Stroh • Dec. 6, 2024 -
GM sells stake in Ultium Cells joint venture battery plant
The plant is one of three U.S. facilities that the automaker planned to operate as part of its joint venture with LG Energy Solution.
By Eric Walz • Dec. 4, 2024 -
GM Energy partners with a Texas utility to provide free EV charging
The program for Chevrolet electric vehicle owners will utilize renewable energy while offsetting charging costs.
By Kalena Thomhave • Dec. 4, 2024 -
Where Michigan stands as an auto hub in the electrification era
The state’s reputation as the heart of the auto industry offers a solid foundation for the transition to EVs.
By Megan Ruggles • Dec. 3, 2024 -
Volvo sells 30% stake of Lynx & Co. to Zeekr
The automaker’s equity was valued at $747.4 million and the divestment is part of a new ownership structure for the jointly operated brand.
By Eric Walz • Dec. 3, 2024 -
North Carolina microgrid EV charging hub is a model for fleet electrification, Duke Energy says
The charging hub can serve light-, medium- and heavy-duty electric fleet vehicles with 100% renewable energy from Duke’s integrated microgrid.
By Robert Walton • Dec. 3, 2024 -
Meijer to add nearly 500 electric charging stalls
The electric vehicle charging company plans to deploy up to 480 fast-charging stalls in as many as 60 of the retailer’s locations.
By Catherine Douglas Moran • Dec. 2, 2024 -
Hyundai recalls 145K vehicles over loss of power
The integrated charging control unit for Genesis and Ioniq brand models may fail to charge the vehicle’s battery.
By Eric Walz • Nov. 26, 2024 -
Rivian lands conditional $6.6B loan from Department of Energy
The funds would revive construction of the company’s electric vehicle factory in Georgia.
By Larry Avila • Nov. 26, 2024 -
Trump calls for 25% tariffs on imports from Canada and Mexico
The president-elect also called for additional 10% tariffs on imports from China as part of his day one White House plans.
By Philip Neuffer • Updated Nov. 26, 2024 -
Uber, Lyft plan robotaxi fleet expansions
With Tesla planning to produce robotaxis, the two ride-hailing companies are adding partnerships to deploy driverless vehicles across more cities.
By Dan Zukowski • Nov. 25, 2024 -
BMW’s US footprint may protect it from tariff impacts, CEO says
CEO Oliver Zipse said 65% of the company’s cars sold in the U.S. are locally made.
By Larry Avila • Nov. 25, 2024 -
Volkswagen names Rivian exec as its North America CEO
Kjell Gruner takes over Dec. 12 for Pablo Di Si, who stepped down from the post, according to the company.
By Larry Avila • Nov. 22, 2024 -
Lucid opens Gravity orders in bid to reshape SUV market
The company will begin with production of the $94,900 Grand Touring trim, which has a range of over 440 miles.
By Haley Cawthon • Nov. 20, 2024 -
Rivian CFO inks $3.5M trading plan as EV industry faces bumps
President-elect Trump will likely ax the tax credit on electric vehicles, which could significantly impact competition in the segment.
By Grace Noto • Nov. 20, 2024 -
Microporous to build $1.4B Virginia battery separator plant
The company is set to receive up to $100 million in federal funds for the Danville facility.
By Sara Samora • Nov. 19, 2024 -
Honda weighs production pivot ahead of potential tariffs
The automaker is committed to ramping up U.S. electric vehicle production despite the incoming Trump administration's tariff threats, an executive said.
By Larry Avila • Nov. 18, 2024 -
VW taps new head of manufacturing for Chattanooga factory
Henning Habicht will take over from Chris Glover, who will retire at the end of January after three years in the role.
By Eric Walz • Nov. 18, 2024 -
Hyundai shakes up C-suite to drive growth
The global company made nine executive moves, including the promotion of presidents and CEOs to lead Hyundai Motor Co. and Kia Corp.
By Larry Avila • Nov. 15, 2024 -
Volkswagen, Rivian launch their $5.8B joint venture
The announcement lifts the veil on one of the largest automotive deals this year, providing more details on its goals, leadership and financial structure.
By Edwin Lopez • Nov. 13, 2024 -
Polestar’s US customers gain Tesla Supercharger access
The company’s expanding global charging network also includes 20,000 Supercharger locations in Europe and 200 cities across China.
By Eric Walz • Nov. 12, 2024 -
Rivian locks in 5-year battery deal with LG Energy Solution
The U.S.-based electric vehicle maker’s agreement shores up its domestic supply chain.
By Larry Avila • Nov. 11, 2024