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CATL to supply BMW with cylindrical cells for EVs starting in 2025

Teslarati

Contemporary Amperex Technology Co (CATL) said it would begin supplying German automaker BMW with cylindrical battery cells for its next generation of electric vehicles beginning in 2025. BMW operates an assembly plant in Spartanburg, South Carolina, and already has a partnership with CATL in Europe.

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Polestar announces ‘Made in America’ EV production start date

Teslarati

Polestar has announced the production start date for its new South Carolina production facility, which it will be sharing with Volvo Cars. Now, the Swedish automaker is poised to finally address that issue as it begins production in South Carolina. Polestar will continue producing vehicles at its Chinese facilities.

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CATL’s $5B North American battery production plans land in U.S., several sites being vetted

Teslarati

CATL is now moving closer to locking in a plant in the United States, according to an exclusive report from Reuters , which said the Chinese battery maker is now vetting sites in South Carolina and Kentucky. ” BMW operates an assembly plant in Spartanburg, South Carolina, and already has a partnership with CATL in Europe.

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Polestar 3 officially unveiled in China, price cut by about $29,080 from previous

CN EV Post

Production is also expected to begin by mid-2024 at Polestar's plant in Ridgeville, South Carolina, the automaker said when it unveiled the Polestar 3 last year. At that point, the US will serve as the main supply location for North America and other markets. The plant is expected to make its first deliveries in mid-2024.

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Polestar takes $1.6 billion loan to achieve growth targets

Teslarati

As previously announced, the Scandinavian brand will use a pre-existing Volvo Cars manufacturing facility in South Carolina to build their upcoming Polestar 3. This financing round comes only weeks after Polestar announced that it would continue its partnership with Chinese financer Industrial Bank.

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New hybrid sweetgum trees could boost paper, bioenergy production

Green Car Congress

Researchers at the University of Georgia (UGA) have crossed American sweetgums with their Chinese cousins, creating hybrid sweetgum trees that have a better growth rate and denser wood than natives, and can produce fiber year-round. Merkle said the timing for a new hardwood hybrid lines up with an uptick in prices for hardwood timber.

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Dept. of Energy takes $3b step to combat Chinese EV batteries in U.S.

Teslarati

The United States is taking a drastic $3 billion step to combat Chinese electric vehicle batteries from entering the market while incentivizing companies to invest in domestic cell production. China has dominated the EV battery market as companies like CATL and LG Energy Solutions supply many companies with their cells. The post Dept.

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