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First Shift: Software-and-die business anticipates electrical spice up Video from Automobile Information

Baua Electric

• Software-and-die’s have an effect on • Leasing find out about • Kia discontinues Rio • Stellantis weighs tie-up • Massachusetts restore legislation The post First Shift: Software-and-die business anticipates electrical spice up Video from Automobile Information appeared first on Bauaelectric Auto News.

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Hyundai, Kia Announce Solid-State Battery With Factorial Energy

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Factorial Energy, a Massachusetts-based developer of solid-state battery technology, announced cooperation with Hyundai Motor Co. and Kia Corp last week. Factorial is a company based in Woburn, Massachusetts, just outside of Boston and this is Factorial’s first large automobile strategic investment.

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The EV Transition Explained: Local Policies Shape Global Competition

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million dollars in new car sales in 2021, according to data from the National Automobile Dealer Association. Massachusetts, for example, has set a goal of at least 750,000 to 1 million EVs on the road by 2030; it currently has some 51,000, of which 31,000 are battery electric. Like the U.S., Other provinces may follow suit.

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Convincing Consumers To Buy EVs

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Interestingly, a 2019 Massachusetts Institute of Technology (MIT) study predicted that as EVs became more widespread, battery prices would climb because the demand for lithium and other battery metals would rise sharply. King notes, “In the early days of automobiles, drivers and chauffeurs had to monitor and be able to fix their vehicles.

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