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GM and MP Materials enter long-term supply agreement to scale rare earth magnet sourcing and production in US

Green Car Congress

Under the long-term agreement, MP Materials will supply US-sourced and manufactured rare earth materials, alloy and finished magnets for the electric motors used in the GMC HUMMER EV, Cadillac LYRIQ, Chevrolet Silverado EV and more than a dozen models using GM’s Ultium Platform, with a gradual production ramp that begins in 2023.

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LG opens its first EV charging equipment factory in the U.S.

Teslarati

According to a press release shared by the company on Monday, LG has opened the EV charger plant in Fort Worth, Texas, set to eventually have an annual capacity of over 10,000 units. The news also came alongside a ribbon-cutting event featuring LG executives, Fort Worth Mayor Mattie Parker, and other local officials.

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VinFast Still Kicking and Planning to Show Vehicles at CES

The Truth About Cars

It is now Vietnam’s largest corporate entity by far — with loads of global business partners, an insatiable appetite for growth, and serious political influence. But the ultimate goal is for VinFast to become a globally recognized EV manufacturer offering competitively priced vehicles. But it’s plotting to expand its U.S.

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VinFast in a major reshuffle to target US market

Baua Electric

VinFast VF 8/Source: VinFast Vietnamese EV maker VinFast has announced a new CEO at the helm, and an aggressive new strategy to expand globally while gaining a foothold in the US. North Carolina’s VinFast manufacturing plant is expected to produce as many as 150,000 vehicles annually after it is completed in 2025.

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Wallbox enters first phase of build-out for US EV charger plant; 500k units/year by 2025

Green Car Congress

Wallbox, a leading provider of electric vehicle (EV) charging and energy management solutions worldwide, has begun construction at its Arlington, Texas manufacturing facility, the company’s first US-based EV charger manufacturing facility. Between all facilities, Wallbox is expected to have a global production capacity of more than 1.1

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