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Genesis premieres first EV model: Electrified G80

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Genesis officially introduced its first EV model, the Electrified G80, to the global market at the 2021 Shanghai International Automobile Industry Exhibition (Auto Shanghai 2021). The Electrified G80 builds on the heritage of the G80, which sits at the core of the Genesis sedan lineup.

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Lexus RZ BEV launches in Australia starting at $123K

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The battery electric SUV Lexus RZ 450e recently arrived in Australia following its launch in the United States. Lexus launched the RZ 450e in the United States earlier this year. Lexus’ parent company Toyota expects to sell 200,000 BEV units by 2024 with help from BZ3 and RZ 450e sales.

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Ford’s adoption of Tesla NACS could change the EV charging landscape [Opinion]

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@Tesla [link] pic.twitter.com/CtDEcqvdwu — Ford Motor Company (@Ford) May 25, 2023 Tesla Supercharger Growth with Ford’s Support Ford EV drivers will gain access to 12,000 Tesla Superchargers across the United States and Canada, which is excellent news for both companies. Meanwhile, Tesla is building a legacy of its own.

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DRX Consortium to accelerate commercialization of disordered rock salt (DRX) cathode materials

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Lithium batteries made with DRX cathodes could safeguard the automobile industry and therefore consumers from higher prices spurred by supply constraints. The United States aims to make half of all new cars sold in 2030 zero-emissions vehicles, including battery electric, plug-in hybrid electric, or fuel cell electric vehicles.

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LGES & Honda battery plant in Ohio starts construction on $3.5 billion facility

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The cells will go to Honda’s automobile manufacturing plans producing electric vehicles for the North American market. The Honda-LGES battery plant hints at the Inflation Reduction Act’s (IRA) strong influence in the automobile industry.

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Researchers synthesize magnetic nanoparticles that could offer alternative to rare earth magnets

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A team of scientists at Virginia Commonwealth University has synthesized a powerful new magnetic material that could reduce the dependence of the United States and other nations on rare earth elements produced by China. The team’s findings will appear in an open-access paper in Applied Physics Letters.

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Tesla Overtakes BMW In 2021 US Luxury Car Sales

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World leader in electric vehicles Tesla has been steadily increasing its market capitalization for several years. Musk’s manufacturer may be credited with hastening the adoption of electric automobiles with the Model S and succeeding models. BMW, on the other hand, sold 336,644 automobiles in the United States last year.

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