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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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Rivian cuts prices on its base R1T and R1S ahead of R2 launch

Teslarati

The price is down from previous R1T and R1S prices of $74,800 and $79,800 with the delivery fee, The news also comes ahead of Rivian’s launch of the R2 vehicle platform on March 7 , and as many in the auto industry have aired concerns around cooling electric vehicle (EV) demand.

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LG Energy Solution and SK Innovation to end all legal disputes over EV batteries in US and Korea

Green Car Congress

US President Joe Biden issued a statement on the resolution: This settlement agreement is a win for American workers and the American auto industry. A key part of my plan to Build Back Better is to have the electric vehicles and batteries of the future built here in America, all across America, by American workers.

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The EV Transition Explained: Reshaping Labor Markets

Cars That Think

auto industry jobs could rise by 150,000 by 2030 if battery electric vehicles sales reach 50 percent by 2030 and the vehicle market share of U.S.-assembled It believes that there will be a net loss of 275,000 auto industry jobs by 2040, with most of the drop off coming between 2030 and 2035.

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2022 Hyundai Ioniq 5: First of an aggressive wave of new EVs

Charged EVs

It’s the technical details of the E-GMP platform that underscore the company’s determination to build fully capable EVs. First sales this fall will be limited to 10 ZEV states, plus Arizona, Florida, Georgia, North Carolina, Pennsylvania and Texas. 800-volt battery. Its onboard AC charger operates at up to 10.9 A carmaker to watch.

Hyundai 110
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The Tesla Cybertruck’s most formidable rival gets a bullish battery supply update

Teslarati

US President Joe Biden has issued a statement on SK Innovation and LG Chem’s settlement, calling the agreement a “win for American workers and the American auto industry.”

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President Obama Announces 48 Projects to Receive $2.4B in Grants for Next-Generation of Batteries and Electric Vehicles; To be Combined with $2.4B in Industry Cost-Share

Green Car Congress

Industry officials expect that this $2.4 billion in cost-share from the award winners, will result directly in the creation tens of thousands of manufacturing jobs in the US battery and auto industries. Outfitting of a high-volume manufacturing facility to build DC Bus Capacitors for the electric drive vehicle industry.

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