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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

2024 has so far served up a series of obstacles impacting EV sales, and automakers have been left scrambling. For Renault’s part, it aims to cut costs on the new Twingo by 40% compared to other EVs by trimming back parts, reducing manufacturing times, using cheaper batteries, and ramping up speed to market. Get started here.