News Hyundai and LG Energy to build $4.3bn battery plant in Georgia South Korean companies Hyundai Motor Group and LG Energy Solution say they will build a $4.3bn plant to make batteries for electric vehicles (EVs) in Savannah, Georgia. It’ll be sited…
Trends Chinese battery maker joins surge of investors in Hungary’s EV industry Chinese battery manufacturer Eve Power will build a €3.7bn factory in Debrecen, Hungary, boosting the country’s role as the centre of the European electric vehicle (EV) industry. Hungarian foreign minister…
News Ford to spend $1.3bn to convert Canadian plant to EV production The Ford Motor Company plans to invest US$1.3bn in converting its Oakville Assembly Plant in Ontario to produce electric vehicles (EVs), CNBC reports. The 200ha plant, to be renamed the…
News Indiana to get $1.5bn electric vehicle battery plant US battery manufacturer Entek plans a $1.5bn, 340-acre greenfield factory in Terre Haute, Indiana to make lithium battery separator components for electric vehicles. The US Department of Energy granted the…
News Bechtel to build charging stations for major school bus operator Bechtel will build electric charging infrastructure for North America’s biggest school bus operator, First Student.
News Tesla plans to invest $10bn in world’s largest EV factory US car-maker Tesla is planning to begin work in three months on the world’s largest EV factory in northern Mexico, Reuters reports. Jesus Nava, the mayor of the Nuevo Leon…
News Panasonic picks Turner and Yates to build $4bn Kansas EV battery plant Panasonic Energy has picked a joint venture of Turner Construction and Yates Construction to build a $4bn plant for electric vehicle batteries in De Soto, Kansas. The project will take…
News Vietnamese EV maker set to tender $4bn North Carolina factory Vietnamese EV maker VinFast said today that it would launch a tender for the construction of a $4bn assembly plant in North Carolina after obtaining one of the approvals it requires from regulators.
News Ford plans $3.5bn EV battery plant in Michigan The Ford Motor Company has announced plans to build a $3.5bn electric vehicle (EV) battery plant in its home state of Michigan. Ford has committed to build nickel cobalt manganese…
News Indian conglomerate plans $1.2bn EV assembly plant for Pune Indian conglomerate Mahindra and Mahindra said today it was planning to build a $1.2bn electric vehicle (EV) assembly plant near the city of Pune in the state of Maharashtra. According…
Markets Japanese EV motor maker plans $715m Mexican plant to meet demand Japanese manufacturer Nidec, which makes motors for electric vehicles (EVs), will build a $715m factory in Mexico, Nikkei Asia reports. The plant will make the “e-axle” drive system, which combines…
News Honda and LG to build $4.4bn car battery plant in Ohio A joint venture between Japanese car maker Honda and the battery division of South Korea’s LG will invest $4.4bn in a battery factory in Fayette County, Ohio, midway between Cincinnati…
News Volkswagen prepares for electric future with €2bn Wolfsburg factory German auto-maker Volkswagen has given the green light to a €2bn electric vehicle (EV) plant at its home base of Wolfsburg-Warmenau in Lower Saxony.