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GM EV production targets deemed unlikely thanks to supply chain woes

Teslarati

According to a new analysis of General Motors’ (GM) EV production, its goal for 2025 may be overly-optimistic. However, with a bold plan to introduce numerous new electric models and ramp production to 1 million units annually by 2025, many saw a silver lining to GM’s predicament.

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Envision AESC signs deal to supply batteries to BMW

CN EV Post

Envision AESC will build a battery plant in the US to supply BMW with a planned capacity of 30 GWh, with production scheduled for 2026. The post Envision AESC signs deal to supply batteries to BMW appeared first on CnEVPost. For more articles, please visit CnEVPost.

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European battery maker ACC partners with Circulor to map supply chain, carbon emissions – ET Auto

Baua Electric

The French plant should start mass production soon. Circulor, which uses blockchain technology to map supply chains for companies pursuing greener production, already works with a range of companies including Volvo Cars, BMW and BHP. billion) investment. Circulor is also part of the battery passport project.

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Mazda and Panasonic’s energy unit sign auto battery supply agreement – ET Auto

Baua Electric

The agreement is likely to help Mazda step up production of EVs as part of a 1.5 Japanese automaker Mazda Motor and the energy unit of Panasonic Holdings said on Friday they have signed an automotive battery supply agreement. The agreement is likely to help Mazda step up production of EVs as part of a 1.5 trillion-yen (USD 9.9

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Magna lags profit estimates, cuts annual sales forecast on supply chain snags – ET Auto

Baua Electric

Canada’s Magna International missed first-quarter profit estimates and cut its full-year overall sales forecast on Friday, as auto parts suppliers navigate ongoing supply constraints and bumpy demand for electric vehicles. The company’s shares were down about 4% in early trade.

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CATL inks deal to supply 10 GWh of energy storage products to US startup FlexGen over 3 years

CN EV Post

The post CATL inks deal to supply 10 GWh of energy storage products to US startup FlexGen over 3 years appeared first on CnEVPost. For more articles, please visit CnEVPost. FlexGen was previously appointed as an authorized service provider to CATL and the two have worked together on more than 2.5

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Australia, Indonesia should team up for battery supply chains, ACEN CEO says – ET Auto

Baua Electric

“It’s worth noting that there is concentration of risk for lithium battery production, with over 70% being produced in China alone,” said, ACEN CEO Eric Francia.