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Ricardo and McLaren Automotive in multi-year V8 engine supply agreement for high-performance hybrid powertrains

Green Car Congress

Ricardo has announced a long-term, multi-year partnership with British supercar company McLaren Automotive to manufacture its next-generation V8 power unit. This is the third extension and fourth generation of the engine supply agreement between the two companies.

Supplies 273
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Magna to supply battery enclosures for Silverado EV

Green Car Congress

Magna has secured new business from General Motors (GM) to supply battery enclosures on the all-new 2024 Chevrolet Silverado EV. We have been able to leverage our expertise to supply battery enclosures—a product for which we see strong potential going forward. Magna is also making battery enclosures for the Ford F-150 Lightning.

Silverado 435
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EV battery manufacturing expert network launched: Batteryline.com

Green Car Congress

Batteryline.com introduces a new network website for experts in the manufacturing of EV batteries based on the need for more knowledge in the related automotive industry. In the drive to supply the world with high quality and cost-effective batteries there is a need to improve worldwide production. —Batteryline.com.

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onsemi and Magna sign strategic agreements, invest in SiC manufacturing for growing EV market

Green Car Congress

onsemi and Magna announced a long-term supply agreement (LTSA) for Magna to integrate onsemi’s EliteSiC intelligent power solutions into its eDrive systems. With range anxiety still a top deterrent to EV adoption, our technology enables Magna to go further, easing the transition to an electrified future. Inverter for high-voltage EVs.

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SK On signs MOU with Global Lithium Resources to bolster key battery materials supply chain

Green Car Congress

South Korea-based SK On (SKO), a global EV battery manufacturer, signed a Memorandum of Understanding (MOU) with Australia’s Global Lithium Resources to explore future business opportunities together in regard to stable supply of lithium.

Supplies 259
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Faraday Future partners with Korea-based Myoung Shin for FF 81 production; SOP in 2024

Green Car Congress

Faraday Future has contracted with Myoung Shin Co., an automotive manufacturer headquartered in South Korea, to manufacture Faraday Future’s second electric vehicle, the FF 81, with start of production scheduled for 2024.

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European electrolyzer manufacturers commit to boosting capacity tenfold by 2025

Green Car Congress

European Commissioner for Internal Market Thierry Breton and European electrolyzer manufacturers last week met in Brussels to discuss how to increase industry’s capacity to produce electrolyzers used to produce clean hydrogen. It will improve Europe’s sustainable and secure energy supply and reduce EU’s reliance on Russian gas.