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The US Southeast is getting its first EV battery supply chain project

Baua Electric

Chemical company UBE Corporation will invest $500 million to build the first US manufacturing facility for EV lithium-ion battery ingredients dimethyl carbonate (DMC) and ethyl methyl carbonate (EMC) in New Orleans. The Tokyo-headquartered company has formed a new company called UBE C1 Chemicals America (UCCA) for its new US venture.

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Renault and VW may partner on low-cost BEV minicar

Baua Electric

The French automaker’s CEO, Luca de Meo, said at the Geneva Motor Show that the company is in “good discussions” with VW, according to a report in Automotive News Europe. 2024 has so far served up a series of obstacles impacting EV sales, and automakers have been left scrambling.

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Hyundai Unveils New 1.6L Gamma GDI, 3.3 Lambda GDI Engines; New Verna

Green Car Congress

The company also displayed its new 8-speed automatic transmission. The new sub-compact, Hyundai’s third China-exclusive model, is built on an all-new platform at the company’s plant in Beijing and is targeted at China’s strategically important C1 segment. The Verna will go on sale in the second half of this year.

Hyundai 218