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

Teslarati

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. Tesla supplier LGES to quadruple investment in Arizona battery plant to $5.5 Hyundai Mobis will assemble battery packs using the cells from the plant in Georgia.

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

Teslarati

The Ford F-150 Electric, arguably the most formidable rival to upcoming vehicles like the Tesla Cybertruck and the Rivian R1T, has practically secured its battery supply. The post The Tesla Cybertruck’s most formidable rival gets a bullish battery supply update appeared first on TESLARATI.

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The EV Transition Explained

Cars That Think

University of Michigan professor emeritus John Leslie King , who has long studied the auto industry. Ford and other automakers will need to convince tens of millions of customers to switch to EVs to meet the Biden Administration’s decarbonization goals of 50 percent new auto sales being non-ICE vehicles by 2030. Chris Paredis.

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

Charged EVs

It’s not the first such EV: the Ford Mustang Mach-E, Tesla Model Y , and Volkswagen ID.4 First sales this fall will be limited to 10 ZEV states, plus Arizona, Florida, Georgia, North Carolina, Pennsylvania and Texas. Moreover, Hyundai plans to join Ford, GM, Nissan, Tesla, Volkswagen and Volvo in building electric vehicles in the US.

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Tesla requests tariff waiver for graphite amid rising demand for EV batteries

Teslarati

Tesla recently filed three public comments to support the idea of waivers for tariffs on graphite, a key component for its electric vehicles’ lithium-ion batteries. Tesla stands as one of hundreds of auto industry players currently asking the US Trade Representative for extended tariff waivers on components imported from China.

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Inflation Reduction Act – How It Supercharges the Electric Vehicle Industry

EV Match

Hyundai, which announced this May that it would build its first-ever dedicated EV plant in the state of Georgia and, to capitalize on the North American final assembly requirement in the newly-passed IRA, just revealed it was mulling moving the groundbreaking on the facility from the original target of 2023 to before the end of this year.