The facility, L-H Battery Company, is part of Honda and LG Energy’s joint venture in the US. Honda and LG announced in October 2022 plans to invest up to $4.4 billion to establish the “Honda EV Hub” ...
The dynamics of the US EV market changed dramatically in 2025. Tesla lost its crown as the world's biggest electric car brand to China's BYD. EV sales in the US declined owing to the rising cost of ...
The Ohio facility forms part of a $4.4bn battery manufacturing joint venture announced in 2022 between Honda Motor and LG Energy Solution. Credit: Kittyfly / Shutterstock.com South Korea’s LG Energy ...
CATL is already dominating the global electric vehicle battery market, but now the company is saying sodium-ion batteries will be widely available by the end of 2026. When is CATL launching sodium-ion ...
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Why Elon Musk says battery costs are about to drop
This video examines Elon Musk’s claims about a $25,000 Tesla and major battery improvements. Tesla argues that new manufacturing processes, simplified vehicle design, and next-generation batteries ...
Electric vehicles (EVs) are becoming a core part of global transportation. Improvements in battery technology are a major reason for that. Today’s EV batteries last longer, charge faster and cost less ...
Ford isn’t just scaling back on electric vehicles, it’s rethinking how it handles batteries altogether. This month, the automaker scrapped not one but two major EV battery deals: an $11.4 billion ...
New laws introduced in China aim to improve the safety of electric vehicle (EV) battery packs, including a “no fire, no explosion” requirement focusing on eliminating battery fires and subsequent ...
Tesla lost its crown as the world’s top electric vehicle maker Friday after a second straight year of falling sales driven by expiring U.S. tax credits, overseas competition and backlash over Elon ...
General Motors Co. will take another $6 billion in charges tied to production cutbacks in its electric vehicle and battery operations as the financial fallout spreads from the weakening U.S. market ...
Solid-state EV battery technology represents the next evolution in electric vehicle energy storage, replacing liquid electrolytes with ceramic or polymer solids. This innovation allows the use of ...
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