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LG Energy Solutions & Hyundai team up for battery plant in the United States

Teslarati

LG Energy Solutions (LGES) and Hyundai teamed up to build a battery cell manufacturing plant in the United States. Hyundai Motor Group and LGES signed a memorandum of understanding on May 26 in Seoul, Korea, for a battery cell manufacturing facility in Bryan County, Savannah, Georgia. based battery plant.

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ICCT report finds US domestic EV production and investment continues to fall; only 5% of global EV investment to go to US EV assembly plants

Green Car Congress

The United States is the third-largest electric vehicle (EV) producer behind China and Europe; a new study from the International Council on Clean Transportation (ICCT) finds that the gap has widened. Similarly, European manufacturing accounted for 25% of global EVs through 2020, up from 23% in 2017. Source: The ICCT.

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Next phase of THEA’s connected vehicle pilot brings together auto manufacturers and road operators

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Since September 2015, the Tampa Hillsborough Expressway Authority (THEA) has been working with the United States Department of Transportation (USDOT) as a Connected Vehicle Pilot site. The next step in the Connected Vehicle space is to begin working with the auto industry manufacturers.

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American Battery Technology Company receives $2M USABC award to demo integrated Li-ion battery recycling technologies

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The program’s focus is to demonstrate that battery-grade metals can be manufactured from recycled materials at lower cost, lower environmental impact, and with higher domestic US sourced content than conventional virgin sourced metals. USABC is a subsidiary of the United States Council for Automotive Research LLC (USCAR).

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Hyundai surpassed Volkswagen Group’s operating profit

Teslarati

Hyundai Motor Group surpassed Volkswagen Group’s operating profit for the first time in Q1 2024. As of the first quarter, Hyundai has the second-highest operating profit in the global automotive industry. The Asian car manufacturer beat Volkswagen, which has held second place for some time. billion in the first quarter.

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USABC awards $3M low-cost/fast-charge EV battery technology development contract to Amprius Technologies

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The United States Advanced Battery Consortium LLC (USABC) awarded a $3-million technology development contract to Amprius Technologies for a low-cost, fast-charge silicon nanowire cell technology for electric vehicles. USABC is a subsidiary of the United States Council for Automotive Research LLC (USCAR).

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ISU study finds large potential for biobased materials in auto industry, but with challenges

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To create the largest impact, the researchers concluded, emphasis should be placed on the largest producers of vehicles; the five largest producers of automotive vehicles in the United States are General Motors, Ford, Toyota, Chrysler, and Honda. Cost to manufacture is one of the main considerations. General Motors.