Browsing: Inflation Reduction Act
China’s GEM has teamed up with South Korean companies SK On and ECOPRO Materials to establish a new plant in…
Albemarle Corp, one of the largest lithium producers globally, has announced plans to build a new lithium processing facility in…
Mercedes-Benz, one of the world’s leading luxury car manufacturers, is investing heavily in upgrading its production network to make it…
Mercedes-Benz has announced that it will invest billions of dollars in modernizing its production facilities in China, Germany, and Hungary.…
Mazda Motor Corporation, the Japanese automaker with over a century of experience in autos, has announced significant changes to its…
Taiwanese electronics manufacturer Foxconn announced on March 15th that it plans to construct electric vehicle (EV) batteries in Ohio and…
Luxury automaker Genesis has announced that its entire electric vehicle lineup will be sold at all Genesis dealerships. The company…
Electric vehicle (EV) startup Arrival has announced securing a $300 million equity financing line from Westwood Capital, according to a…
Honda has announced its plans to shift the production of its Accord model from its Ohio factory, where it has…
German automaker Volkswagen has announced that it has selected St. Thomas, Ontario, as the site for its first North American…
The US and the European Union (EU) have expressed their desire to enter into negotiations on critical minerals required for…
Volkswagen Delays European Battery Plant Plans in Favor of US Facility Due to Incentives
By Derick Munoz
Volkswagen Group has reportedly halted its plans to establish battery plants across Europe, as it waits for the EU’s response…