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... Toyota secures batteries for US-made EVs due in 2025
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... 
The 2024 Genesis GV60 gets a number of updates for its sophomore model year, including a new rear-wheel-drive model that boasts more range and a lower price than the existing all-wheel-drive versions. Starting at $53,195 (including a mandatory $1,195 destination charge), the GV60 Standard RWD gets an estimated 294 miles of range from a 77-kwh... 
Hyundai has announced that it will adopt Tesla’s North American Charging Standard (NACS) for EVs in the U.S. and Canada. The change applies to all-new and refreshed Hyundai EVs, starting in the fourth quarter of 2024, Hyundai Motor North America explained in a Thursday press release, with Canada set to follow in the first half of 2025. The... 
General Motors' third-quarter financial results show a slow production ramp of Ultium EVs but indicate the automaker is unlikely to meet its near-future electric vehicle delivery targets. GM reported that it delivered just 4,222 Ultium EVs in Q3, compared to 15,835 Bolt EV and Bolt EUV models. The Bolt EV and EUV, which are based on a different... 