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Taycan review, Equinox EV deal, R1T top safety, 70-mile PHEVs: The Week in Reverse

Baua Electric

Last year General Motors was highly critical of a deal struck between Ford and CATL, enabling Ford to build and run a Michigan battery plant that will make LFP cells under license from the Chinese company for improved EV affordability. Now, GM reportedly seeks a similar deal with CATL.

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KORE will get conditional OK for $850M U.S. mortgage for EV battery plant

Baua Electric

Conventional carmakers like Ford and Nissan have additionally borrowed from the federal program to finance the build-out of amenities generating fuel-efficient automobiles. KORE is onshoring battery production generation from Chinese language battery maker DFD to the brandnew Arizona facility, the power segment respectable mentioned.

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