Hyundai Motor Group and SK On plan to invest roughly $5 billion to build a new EV battery plant in the US. The partners recently signed a memorandum of understanding (MOU) on November 28 in Georgia, where Hyundai is building its first dedicated EV facilities. Hyundai and SK finalized plans for their North American-based battery cell plant on Tuesday.
According to a press release from the South…
GM lifts 2023 expectations as it prepares for a breakout year with high-volume EV launches
April 25, 2023
After a solid start to the year, General Motors is raising its earnings and cash flow expectations for 2023. GM is gearing up for a breakout year with several highly anticipated EV launches planned across some of the most popular auto segments.
GM expects a breakout year…
GM announces Chevy Bolt is over, long live the Equinox
April 25, 2023
GM – along with its earnings announcement this morning – also announced the end of the Chevy Bolt EV and EUV with the last cars rolling off the Orion assembly line “late this year”. This marks the end of the Bolt EV as the most affordable/capable EV in the US market…
Just in case you were worried that the myriad of adventure-style fat tire electric bikes hitting the market lately wasn’t enough, here comes one more. But the new isn’t just an “us too!” e-bike, it’s got some great features that help set it apart from the rest of the pack. And perhaps most importantly, it does so while maintaining Ride1Up’s signature low pricing.
Ride1Up has set a…
Tesla announced that it is starting to open its Supercharger network to non-Tesla electric cars in China.
It’s another step toward making the Supercharger network a fully-opened global charging network.
The automaker first started to open Supercharger stations to…
GM and Samsung SDI have announced that they are partnering to build a new $3 billion battery cell factory in the US to power GM’s electric vehicles.
It’s a change for GM, which has so far been mostly partnered with LG Energy for its battery cell supply.
For the last few…
Tesla has released a rare update on the battery degradation in its electric cars. The automaker claims its batteries only lose about 12% of capacity after 200,000 miles.
Battery degradation, which represents the loss in capacity and range over time with increasing mileage, is one of the biggest concerns of new electric vehicle buyers.
It’s also an essential part of the equation to make electric…
Quick Charge Podcast: April 24, 2023
April 25, 2023
Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players.
New episodes of Quick Charge are recorded Monday through Thursday and again on…
Watch a Rivian R1T and Ford Lightning electric truck go head-to-head in a towing test [Video]
April 25, 2023
Electric trucks are winning over drivers with improved range, towing, and more power off the line than gas-powered pickups. One of the most common questions potential electric truck buyers ask is how much it can tow. Check out two of the most popular electric trucks on the…
Tesla is releasing a new software update that brings back regenerative braking options for its electric cars.
Tesla previously allowed drivers to adjust the strength of the regenerative braking, which is one of the coolest features of electric vehicles.
Instead of using a traditional braking system, an EV’s electric motor can reverse power to slow down the vehicle, all the while recuperating the…
