Hyundai is developing a new generation of lithium iron phosphate (LFP) batteries for affordable EVs, The Korea Herald reported this week. The automaker is undertaking a two-year joint venture with battery makers based in its home country of South Korea that aims to see development work on LFP batteries completed in 2024, and for the batteries to... Report: Hyundai is developing LFP batteries for affordable EVs
Hyundai is developing a new generation of lithium iron phosphate (LFP) batteries for affordable EVs, The Korea Herald reported this week. The automaker is undertaking a two-year joint venture with battery makers based in its home country of South Korea that aims to see development work on LFP batteries completed in 2024, and for the batteries to... 
The Polestar 5 will use massive battery cells from supplier SK On that the automaker claims will maximize efficiency and range. Polestar announced SK On as the battery supplier for the 5, which is due in 2024 at a price of more than $100,000 Monday, also confirming that the new flagship EV will use high-nickel cells measuring about 22 inches long... 
Toyota on Tuesday announced an expansion of its planned North Carolina battery plant to accommodate additional volume for EVs and plug-in hybrids. A new investment of nearly $8 billion will add eight EV and plug-in hybrid battery production lines to the two previously announced, Toyota said in a press release. Toyota previously announced that the... 
Ford is delaying production at one of two EV battery plants located on a common site in Kentucky, the Louisville Courier Journal reports. Citing lower-than-expected demand for EVs, Ford will continue production of the two plants comprising the BlueOval SK Battery Park, a joint venture with battery supplier SK On in the state that's being financed... 
Factorial Energy recently announced the opening of a new manufacturing facility it claims is the largest thus far in the U.S. for solid-state batteries—although there's not yet a timeline for scaled-up production. Located in the Boston suburb of Methuen, Massachusetts, near Factorial's existing headquarters and R&D center, the $50... 
Toyota is partnering with Japanese oil company Idemitsu Kosan to move solid-state EV battery tech closer to production. The partnership will progress through three phases, the two companies said in a joint announcement Thursday. The first phase will focus on development of sulfide solid electrolytes (the solid electrolyte is where solid-state... 
The largest Rivian battery pack, dubbed the Max pack, is now entering production, but with less capacity than original discussed. When it announced the Max pack about two years ago, Rivian mentioned a gross capacity of 180 kwh. But this past week, Rivian confirmed to Car and Driver that it's largest pack has a gross capacity of just 149 kwh. Since... 
Toyota on Wednesday announced a "long-term" battery supply agreement with LG Energy Solution, which the automaker claims will secure batteries for U.S. EV production. Under the contract, LG will supply battery modules at an annual capacity of 20 gigawatt-hours starting in 2025, according to a Toyota press release. Comprised of... 
Swedish battery firm Northvolt on Thursday said it would build a $5.2 billion (USD) EV battery factory in Canada's Quebec province—its first outside of Europe. Known as Northvolt Six, the factory will be located just outside Montreal, according to a company press release. The first phase of construction is scheduled to start this year, with... 
Israel-based battery firm StoreDot on Thursday announced a "strategic collaboration" with Volvo to develop very fast-charging battery cells for future EVs. The partnership will produce cells "optimized and tailored for Volvo's future electric vehicle architecture," according to a StoreDot press release. The company expects to deliver the first... 