The Biden administration will spend more than $3 billion to support the domestic manufacturing of advanced batteries used in electric vehicles and energy storage, officials said May 2.
May 2, 2022BusinessTechnology
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May 1, 2022GovernmentBusinessFuel
Biden Invokes Defense Production Act to Boost EV Battery Production
The Biden administration announced it will invoke Cold War powers to boost domestic production of materials for batteries needed to power electric vehicles and the transition to renewable energy, a move intended to improve U.S. competitiveness in a market dominated by China.
March 31, 2022BusinessTechnologyFuel
LG Plans Battery Plants for Canada, Arizona
LG Energy Solution will invest around $2 billion on increasing output in North America as the South Korean battery maker ramps up production to meet rising demand for electric cars.
March 23, 2022GovernmentBusinessTechnologyFuelTCA
Redwood Materials Works With California on Used Battery Collection
Redwood Materials announced a used battery collection program for California, with Ford and Volvo as project-launch partners.
February 18, 2022BusinessEquipmentSafetyFuel
GM to Resume Bolt Production as Fix Found for Battery Fires
General Motors Co. will resume production of the Chevrolet Bolt and larger Bolt EUV electric vehicles in April after the automaker and its battery partner, an LG Group company, found a solution to its manufacturing gaffes.
February 15, 2022BusinessSafetyFuel
GM Says Production Starts on Replacement Batteries for Bolts
General Motors said Sept. 20 that production has resumed for battery modules used in recalled Chevrolet Bolt electric vehicles, and customers could start getting replacement parts by mid-October.
September 20, 2021BusinessTechnologyFuel
After Chip Crisis, Is Battery Shortage Next?
Rising demand from electric vehicles and challenges in securing raw materials will deliver a battery supply crunch for automakers already grappling with a chip crisis, according to a key Chinese manufacturer.
July 23, 2021BusinessTechnologyEquipmentFuel
Ford to Open Battery Research Lab in Electric Vehicle Push
Ford Motor Co. is building a $185 million battery research lab as part of a push to build its own power sources for plug-in cars.
April 27, 2021GovernmentBusinessTechnologyFuel
EV-Battery Rivals Prod Biden With Rare Trade Veto in Balance
Two of the world’s largest electric-vehicle battery-makers have hired top Washington insiders to hold near-daily meetings with the Biden administration in a battle that could affect the electrification plans of Ford Motor Co. and Volkswagen AG.
April 7, 2021