Factorial Energy establishes its European office in Germany

Stellantis and CATL today announced the signing of a non-binding Memorandum of Understanding (MoU) for the local supply of LFP battery cells and modules to power Stellantis' electric vehicle production in Europe. To further support Stellantis' aggressive electrification strategy, the two companies are considering the possibility of forming a joint venture with equivalent contributions. The MoU outlines a long-term...

21 November 2023

The all-new 2025 Hyundai IONIQ 5 N electrified sports vehicle was presented to the North American media at a pre-show event for AutoMobility LA. IONIQ 5 N represents the N brand's electrification vision and a fresh opportunity for performance enthusiasts to satisfy their driving passion on the road and track. IONIQ 5 N is the first electrified iteration of the Hyundai N brand, with future electrified N models to...

17 November 2023

Hyundai Motor Company today held a groundbreaking ceremony for a new electric vehicle (EV) plant at its complex in Ulsan, the heart of Korea's automotive industry. The new EV-dedicated plant will lay the foundation for future growth in the era of electrification while building on the dream first established by Hyundai Motor's Founding Chairman more than half a century ago. "The new EV-dedicated Plant in Ulsan is the...

13 November 2023

The Korea Herald reports that Hyundai aims to develop its own LFP batteries for EVs. The information comes from "industry sources" who also specify that Hyubndai has started this year a two-year joint project with Korean battery makers and under it, the brand will complete the development of LFP batteries in 2024. These new batteries will find their way into small, entry- and mid-level EVs by Hyundai and Kia in...

8 November 2023

2025 Ram 1500 Ramcharger has been officially unveiled delivering "the industry's best combination of range, towing, and payload." The vehicle has a targeted range of up to 690 miles. It features a liquid-cooled 92 kWh battery paired with an onboard 130 kW generator. The battery pack features a design that incorporates the pack efficiently with a pouch cell format in a parallel configuration. Ramcharger's battery is...

7 November 2023

Samsung SDI announced it has struck a supply deal for electric vehicle batteries with Hyundai Motor for the first time. More specifically, it will supply prismatic batteries for Hyundai Motor's electric vehicles targeting the European market for seven years from 2026 through 2032. The batteries to be supplied for Hyundai Motor will be the sixth edition of Samsung SDI’s prismatic battery, named as "P6." P6 features a...

24 October 2023

Genesis, Hyundai, and Kia announced that their EV models will adopt the North American Charging Standard (NACS) in a year's time. Thus, owners of those three brands will have access to 12,000+ Tesla Superchargers across North America - the U.S., Canada, and Mexico. Further, the companies expect to make available CCS1-to-NACS (Combined Charging System) adapters to enable nearly all Genesis, Hyundai, and Kia EVs to...

7 October 2023

The all-new 2024 Hyundai Kona for the U.S. market debuted in Baltimore, Maryland. The second-generation Kona offers one of the most comprehensive product packages in the small SUV segment, including the widest range of powertrains. The all-new 2024 Kona is on sale now at U.S. dealers and the Kona Electric will be available late fall. Kona Electric will be available in the following variants: Hyundai Kona Electric...

13 September 2023

Stellantis teased the all-new Peugeot E-3008 compact SUV with several photos prior to the model's debut on September 12. The event will be held in Sochaux, France - on the historic and completely modernized site where it will be produced. Peugeot E-3008 will be the first model of the brand to be based on the STLA Medium platform - designed from the ground up specifically for EVs. According to the initial specs, the...

8 September 2023

Today marks the grand opening of the first Stellantis Battery Technology Center in Italy. The €40 million state-of-the-art facility is located at the Mirafiori complex in Turin and is the biggest in Italy and among the largest in Europe. More than 100 employees at the Mirafiori Battery Technology Center, most of them upskilled Stellantis workers, will perform and oversee climatic stress tests, lifespan durability...

8 September 2023

Governor Brian P. Kemp today announced that Hyundai Motor Group and LG Energy Solution (LGES) will invest an additional $2 billion in their battery cell manufacturing joint venture (JV) at the Metaplant in Bryan County, raising the JV’s total investment value to more than $4.3 billion. This expansion will create another 400 new jobs. In May 2023, Hyundai Motor Group and LGES signed a memorandum of understanding...

1 September 2023

2024 Mercedes-Benz EQB has been unveiled today featuring refreshed design and features. With a newly designed black panel surface with its star pattern at the front, the EQB visually catches up with its electric model siblings. A light band connects the daytime running lights of the headlights while a new bumper emphasizes the broad effect of the vehicle front. The designers have also changed the insides of the...

24 August 2023

Stellantis posted strong growth and set new records in net revenues, AOI and net profit in the first half of 2023. In the global electrification context, the brand's global BEV and LEV sales up 24% YoY to 169,000 units and up 28% YoY to 315,000 units, respectively. Stellantis now ranks third in EU30 overall BEV sales and second in the U.S. market for LEV sales. Stellantis currently has 25 BEVs available today and...

26 July 2023

Stellantis and Samsung SDI announced that they have signed a memorandum of understanding to establish a second battery manufacturing facility in the United States, under the existing StarPlus Energy joint venture. Targeted to start production in 2027, the plant aims to have an initial annual production capacity of 34 gigawatt hours (GWh). In May 2022, Stellantis and Samsung SDI announced their commitment to build a...

25 July 2023