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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. million globally by 2030.

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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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The EV Transition Explained: Reshaping Labor Markets

Cars That Think

Stellantis is offering certain higher salaried US employees separation packages to help its “transformation to become a sustainable tech mobility company and the market leader in low-emissions vehicles,” a company spokesperson said. million employed in the industry at large, or about 5 percent of the U.S. Ford is not alone.

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

Charged EVs

But the Ioniq 5 and its underlying technology show how serious Hyundai-Kia has become about offering EVs that appeal to mass-market buyers. Unfortunately for its US marketers, the Pony was never sold in the United States (though it did appear briefly in Canada). The same platform also underpins an EV from Hyundai’s sister brand, Kia.

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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 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. Increasing US capacity to manufacture hybrid systems for the commercial truck market. Cells will be from LG Chem, Ltd.

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