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DOE awarding $1.16B to 9 battery component manufacturing projects as part of $2.8B funding

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billion to 21 projects to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid and for materials and components currently imported from other countries. billion will go to 9 projects in the component manufacturing segment of the supply chain. The awardees are: Component Manufacturing (Anode).

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DOE announces $2.5B loan to Ultium Cells for three US battery cell manufacturing facilities

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billion loan to Ultium Cells LLC to help finance the construction of new lithium-ion battery cell manufacturing facilities in Ohio, Tennessee, and Michigan. The cells manufactured by Ultium Cells LLC are large format, pouch-type cells that use a nickel-cobalt-manganese-aluminum (NCMA) chemistry to deliver more range at less cost.

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China’s largest electric two-wheel vehicle manufacturer adopts Nidec in-wheel motor

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China’s largest manufacturer specialized in two-wheel vehicles, Yadea has more than 50 million users in 80-plus countries around the world. Nidec Corporation announced that its in-wheel motor has been adopted for the first time for ???01(Huan 01(Huan Dian Shou 01), an electric motorcycle released by Yadea Group Holdings Ltd. in October 2021.

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Toyota Motor Manufacturing Turkey to become Toyota’s first European plant to produce plug-in-hybrid vehicles and batteries

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The second-generation Toyota C-HR will be produced at Toyota Motor Manufacturing Turkey (TMMT) in Sakarya—about 150 km east of Istanbul. Toyota is committed to achieving full carbon neutrality in Europe by 2040, and is targeting carbon neutrality in all its manufacturing facilties by 2030. market share.

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Faurecia and Accenture partner on products and services for connected and autonomous vehicles

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DOE: EV battery manufacturing capacity in N America in 2030 projected to be nearly 20 times greater than in 2021

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A wave of new planned electric vehicle battery plants will increase North America’s battery manufacturing capacity from 55 Gigawatt-hours per year (GWh/year) in 2021 to 998 GWh/year by 2030, according to the US Department of Energy (DOE). Most of the announced battery plant projects are scheduled to begin production between 2025 and 2030.

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Ford to invest C$1.8 billion in Oakville complex for EV manufacturing in Canada

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billion) in its Oakville Assembly Complex to transform it into a high-volume hub of electric vehicle manufacturing in Canada. Ford Motor Company is investing C$1.8 billion (US$1.3 The current 487-acre Oakville site includes three body shops, one paint building, one assembly building. Earlier post.)

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