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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 ICCT study finds that the United States’ share of cumulative global EV production decreased from 20% to 18% since 2010 and only 15% of the approximately $345 billion in global automaker EV investments are flowing to the US. Similarly, European manufacturing accounted for 25% of global EVs through 2020, up from 23% in 2017.

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Group14 Technologies and SK materials form JV to build plant for lithium-silicon battery materials

Green Car Congress

Group14 Technologies, a global provider of silicon-carbon composite materials for lithium-ion markets, and SK materials, one of the world’s top manufacturers of special gases and industrial gases, are forming a joint venture to build a factory for lithium-silicon battery materials in South Korea.

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SK Innovation considering sale of battery materials unit SKIET – ET Auto

Baua Electric

South Korea’s SK Innovation is considering selling its subsidiary SK IE Technology ( SKIET ) to restructure its battery business, the Maeil Business newspaper reported on Wednesday. SKIET supplies separators – an essential battery component – to EV battery makers including Tesla partner Panasonic Corp.

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Volvo Cars inaugurates new battery assembly line at Ghent manufacturing plant

Green Car Congress

Over the next five years, Volvo Cars will launch a fully electric car every year, as it seeks to make all-electric cars 50% of global sales by 2025, with the rest hybrids. —Geert Bruyneel, head of global production operations. I am pleased to celebrate this momentous occasion with our employees here in Ghent.

Volvo 530
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Nexeon signs agreement with OCI for first commercial volume production site and secures raw material for silicon anodes

Green Car Congress

Nexeon has secured a site for its first commercial volume silicon anode material plant in Gunsan, South Korea, utilizing existing available land adjacent to materials company OCI ’s facilities. Through this contract, OCI will supply monosilane to Nexeon from 2025. Earlier post.) Earlier post.)

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EVs new sales increased by 26% in global automotive market

Electric Vehicles India

EVs new sales increased by 26% in global automotive market. Electric vehicles sales are rapidly growing day by day, in the first half of 2021 the sales have increased by 26% with 2.6 million units representing 26% of new sales in the global automotive market. EVs sales double in Korea .

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Hyundai to supply all-electric LCV to Iveco Group in Europe | Autocar Professional

Baua Electric

Hyundai Motor Company and Iveco Group have signed a supply agreement of an Iveco-badged all-electric light commercial vehicle for Europe, based on Hyundai’s Global eLCV platform. The new vehicle will join Iveco Group’s electric light commercial vehicle lineup, enhancing the Group’s LCV portfolio alongside the iconic Iveco Daily.

Hyundai 52