GM joins Ford in shifting its electric vehicles to work with about 12,000 of Tesla’s roughly 17,000 chargers, and both Detroit automakers are pushing to make Tesla’s connector the industry standard.
In the first quarter, North American factories produced almost 29,000 cars in models that weren’t being manufactured a year ago.
Jaewon Industrial plans to build a chemical recycling plant in Kokomo to serve the lithium-ion battery and electrical vehicle industry, creating 100 jobs by the end of 2024.
Honda is gearing up for an electrification shift in North America with two models developed with General Motors going on sale next year and a bigger EV with a new platform in 2025, a year earlier than initially announced.
The companies said they plan to invest more than $3 billion in an electric vehicle battery cell plant that is expected to begin operations in 2026.
In June, Slovakian startup InoBat announced it was partnering with New York City-based Ideanomics to build the research, development and manufacturing facility. But Ideanomics now says it’s not sure it will be in business in a year.
The new list includes a total of 16 domestically manufactured models, with just 10 of the models qualifying for the full $7,500 tax credit.
The proposed regulation, announced Wednesday by the EPA, would set tailpipe emissions limits for the 2027 through 2032 model years that are the strictest ever imposed—and call for far more new EV sales than the auto industry agreed to less than two years ago.
The proposed regulation, to be released Wednesday by the EPA, would set greenhouse gas emissions limits for the 2027 through 2032 model years for passenger vehicles that would be even stricter than goals the auto industry agreed to in 2021.
The company plans to add the fast-charging stations to Walmart and Sam’s Club stores coast-to-coast, more than quadrupling its current network of roughly 280 locations.
Good Jobs First, a not-for-profit that tracks and is critical of corporate subsidies, said 2022 set a record for the number of billion-dollar-plus incentive deals.
Ford Motor Co.’s electric vehicle business has lost $3 billion before taxes during the past two years and will lose a similar amount this year as the company invests heavily in the new technology. Those figures were released Thursday as Ford rolled out a new way of reporting financial results.
The decision to offer buyouts comes at an uncertain time for the auto industry, which is in the midst of a transition from internal combustion to electric vehicles. GM has a goal of selling only electric passenger vehicles by 2035.
Stellantis, which is also co-creating a $2.5 billion EV battery manufacturing facility in Kokomo, says the new investment will help retain 265 jobs across three facilities in the city.
Dealers say the lack of clarity has made it hard for them to promote EVs to buyers because no one is sure how long certain vehicles will qualify for the $7,500 credit.
Parker Lord plans to migrate 102 employees from its 214,000-square-foot existing facility at 5101 E. 65th St. and hire another 55 at the new facility in Lawrence.
The recall, part of part of a larger investigation by the National Highway Traffic Safety Administration into Tesla’s automated driving systems, is the most serious action taken yet against the electric vehicle maker.
The aim is to give EV owners more freedom to travel, and it will include at least 3,500 of Tesla’s Supercharger stations—which tend to be near highways—as well as its slower Level 2 “destination chargers” at locations such as hotels and restaurants.
Consumer worries about high prices, sparse charging infrastructure and the risks of road-testing new technology are still obstacles to mainstream acceptance, analysts and car buyers say.
The Wall Street Journal first reported Friday that General Motors Co. and Korea-based LG Energy Solution failed to come to an agreement on building a fourth plant through their Ultium Cells joint venture.
