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GM and Stellantis to receive over $1 billion from Biden administration for EV projects

Teslarati

The facilities that would be supported by the grant are located in Michigan, Indiana, Illinois, Pennsylvania, Ohio, Virginia, Maryland, and Georgia. “President Biden set out to build a clean energy economy that benefits everyone. John Podesta, Senior Advisor to the President for International Climate Policy, welcomed the grant.

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LG Energy Solutions & Hyundai team up for battery plant in the United States

Teslarati

LG Energy Solutions (LGES) and Hyundai teamed up to build a battery cell manufacturing plant in the United States. Hyundai Motor Group and LGES signed a memorandum of understanding on May 26 in Seoul, Korea, for a battery cell manufacturing facility in Bryan County, Savannah, Georgia. based battery plant.

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President Obama Announces 48 Projects to Receive $2.4B in Grants for Next-Generation of Batteries and Electric Vehicles; To be Combined with $2.4B in Industry Cost-Share

Green Car Congress

Industry officials expect that this $2.4 billion in cost-share from the award winners, will result directly in the creation tens of thousands of manufacturing jobs in the US battery and auto industries. Outfitting of a high-volume manufacturing facility to build DC Bus Capacitors for the electric drive vehicle industry.

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Rivian cuts prices on its base R1T and R1S ahead of R2 launch

Teslarati

The price is down from previous R1T and R1S prices of $74,800 and $79,800 with the delivery fee, The news also comes ahead of Rivian’s launch of the R2 vehicle platform on March 7 , and as many in the auto industry have aired concerns around cooling electric vehicle (EV) demand.

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DOE announces $1.7 billion in grants to convert facilities for EV production and support US auto workers – Charged EVs

Baua Electric

Some folks fear that the transition to EVs will lead to major job losses in the auto industry—and not without reason, as EVs require different (and fewer) components than legacy ICE vehicles. Blue Bird bagged $80 million to convert a Georgia plant to build electric school buses. billion in funding.

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2022 Hyundai Ioniq 5: First of an aggressive wave of new EVs

Charged EVs

It’s the technical details of the E-GMP platform that underscore the company’s determination to build fully capable EVs. First sales this fall will be limited to 10 ZEV states, plus Arizona, Florida, Georgia, North Carolina, Pennsylvania and Texas. 800-volt battery. Its onboard AC charger operates at up to 10.9 A carmaker to watch.

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Hyundai beats VW, Toyota to 100M vehicle milestone as EVs pave way for global sales run

Baua Electric

Since 1967, Hyundai Motor has been trailblazing its own path in the auto industry. billion Metaplant America in Georgia, where it will build new EVs. With long-range, fast-charging EVs rolling out, like the new IONIQ 5 , Hyundai is laying the groundwork for a global sales run.

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