General Motors plans to begin commercial production of lower-cost lithium-iron-phosphate battery cells at its Ultium joint venture plant with LG Energy Solution in Tennessee by late 2027. The automaker says it will convert existing nickel-cobalt-manganese-aluminum cell lines later this year. The change comes as the industry pivots toward battery technologies that promise cheaper EVs and broader adoption.
Full Story: Reuters (7/14)
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(SOPA Images/Getty Images)
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Panasonic is opening its $4 billion electric vehicle battery factory in De Soto, Kan., the largest EV battery-making facility in the US. The facility has 1,000 workers so far, but is expected to create as many as 4,000 jobs by 2027. Spanning 300 acres, the plant marks a significant milestone in domestic EV battery production and features advanced infrastructure with eight battery lines. It is capable of producing around 66 lithium-ion batteries per second.
Full Story: KCTV-TV (Kansas City, Mo.) (7/14), KWCH-TV (Wichita, Kan.) (7/14)
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China has imposed export restrictions on technologies critical for electric-vehicle battery production to strengthen its global market dominance. The restrictions require a government license for overseas transfers of technologies used in battery manufacturing and lithium processing. The move has created uncertainty for Chinese EV makers' expansion plans, especially in light of tariffs from the EU.
Full Story: CNN (7/17)
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