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Hyundai Motor Group and LG Energy Solution to invest additional $2B in Georgia battery manufacturing JV

Green Car Congress

Hyundai Motor Group and LG Energy Solution (LGES) will invest an additional $2 billion in their battery cell manufacturing joint venture (JV) at the Metaplant in Bryan County, raising the JV’s total investment value to more than $4.3 With the new announcement, the EV manufacturing facility and the battery JV represents an estimated $7.59

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In 2023, investment in clean energy manufacturing shot up 70% from 2022

Electrek

Booming investment in solar and battery manufacturing is rapidly becoming a powerful global economic driver, according to a new report from the International Energy Agency (IEA).

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Volvo C40 Recharge LCA highlights huge potential of manufacturing and charging EVs with clean energy

Green Car Congress

Volvo Cars has published a lifecycle analysis report on its second fully electric car, the C40 Recharge, which shows the potential CO 2 reductions if a car is built and charged using clean energy sources. Therefore, care should be taken when comparing results from this report with those from other vehicle manufacturers.

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New $60M DOE funding to increase energy efficiency in manufacturing

Green Car Congress

The US Department of Energy (DOE) announced $60 million in funding for its largest-ever cohort of university-based Industrial Assessment Centers (IACs) , which assist small- and medium-sized manufacturers in reducing their carbon emissions and lowering energy costs, while training the next generation of energy-efficiency workers.

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Hyundai Motor and LG Energy Solution to establish 50:50 $4.3B battery cell manufacturing JV in US

Green Car Congress

Hyundai Motor Group and LG Energy Solution (LGES) announced an EV battery cell manufacturing joint venture in the US. Hyundai Mobis will assemble battery packs using cells from the plant, then supply them to the Hyundai Group’s US manufacturing facilities for production of Hyundai, Kia and Genesis EV models. billion (KRW 5.7

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Factorial Energy to open new solid-state EV battery development and manufacturing facility in Methuen, MA

Green Car Congress

Factorial Energy, a developer of solid-state battery technology for electric vehicle (EV) applications, will establish a new advanced manufacturing facility in the Boston suburb of Methuen, Mass. The new facility will produce Factorial’s new solid-state battery cell technology for EVs.

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LG Energy Solution’s Battery Manufacturing Complex Project in Arizona Well Underway

Electric Cars Report

The construction of a major battery manufacturing complex in Arizona, announced by LG Energy Solution last year, is on track to be completed in two years with the first round of hiring expected to begin at the end of this year. The company provided progress updates on its USD 5.5

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