The Hyundai Motor Group plans to build its own LFP batteries to support cheaper EV prices. Industry sources said the automaker is expected to introduce LFP batteries in Hyundai and Kia electric cars from 2025.
At its 2023 investor day in June, Hyundai revealed a $7.3 billion investment ( KRW 9.5 trillion) to develop EV batteries over the next ten years.
Hyundai said it was leveraging its…
Tesla announces 1 GWh of Powerwalls deployed in Europe
November 8, 2023
Tesla announces that it achieved the milestone of having deployed 1 GWh of Powerwalls in Europe.
Its energy storage business is becoming a major division.
Tesla launched its energy storage division all the way back in 2015 with the Powerwall.
It took a while, but it has now…
The electric trail bike maker Talaria, which began silently snatching away market share from Sur Ron a few years ago, has been increasingly bold in its model line updates lately. The company has just released its latest model, the Talaria Dragon, which expands beyond a mere…
The legendary Jeep Wrangler is going electric. We will also see an all-electric Grand Cherokee roll out in the next few years. A tentative labor agreement between Jeep’s parent company, Stellantis, and the UAW revealed several new EV models due for production.
UAW President Shawn Fain released new labor contract details, including historic wage increases, enhanced retirement and health care…
GM and Stellantis invest in Niron Magnetics to develop rare-earth-free EV components
November 8, 2023
GM Ventures and Stellantis Ventures have joined a growing list of investors that have recently raised $33 million in additional funding for Niron Magnetics – a company developing proprietary Clean Earth Magnets based on Iron Nitride that function without rare earths or…
Madrid bans e-scooters on public transport due to fire risk
November 8, 2023
After Barcelona already clammed down on e-scooters in public transport with a temporary ban after a fire on a train, Madrid and other Spanish cities are following suit with tighter restrictions.
Smoke and fire risk from defective batteries is the culprit, with a major…
Tesla poaches manufacturing quality executive from Stellantis
November 8, 2023
Tesla has hired a very experienced manufacturing executive from Stellantis to lead quality operations at Gigafactory Texas.
As we previously reported, Tesla brought Tom Zhu, the executive in charge of Tesla’s operations in China, to the US to oversee all manufacturing and sale operations in North America last year.
The executive has since been boosting Tesla’s manufacturing leadership with…
Gogoro smart electric scooters getting several Apple features
November 8, 2023
Gogoro, a leading player in the battery-swapping electric scooter market is taking a page out of Apple’s book. Or more accurately, it’s working with the consumer electronics giant to incorporate key Apple features directly into its scooters.
The company announced today…
Quick Charge Podcast: November 7, 2023
November 8, 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…
A Tesla owner in the UK challenged Tesla over its failure to deliver on its full self-driving claims and won a settlement representing a refund of his purchase cost of FSD, with interest, after filing a claim in small claims court.
Tesla’s Full Self-Driving system has been available since 2016, with Tesla stating at the time that all Teslas now have the hardware to fully drive themselves. The…
