Production of Volkswagen’s first American-built electric vehicle has kicked off in Tennessee, with the automaker announcing plans to bump production at the factory to 7,000 cars per month, reports the Associated Press. The Chattanooga factory, which employs more than 4,000 people, will mainly rely on North American parts for assembly, with theContinue Reading
Walmart is set to purchase 4,500 electric vans from electric vehicle manufacturer Canoo to use for online order deliveries, reports TechCrunch. Thanks to Canoo’s vans, which will be manufactured in Pryor, Oklahoma, Walmart now estimates that it can reach 80% of the U.S. population with same-day delivery. Read MoreContinue Reading
Ford Motors announced new plans to convert three existing plants to build new electric vehicle and gas-powered models, a move which the company says will create nearly 6,200 new jobs across Michigan, Ohio and Missouri, reports CNBC. In addition to the facility upgrades and new positions, Ford says nearly 3,000 temporaryContinue Reading
Hyundai has announced plans to construct a $5.5 billion plant in Georgia which will produce both electric vehicles, and electric vehicle batteries, reports the Associated Press. The plant will be located in Bryan County near Savannah, Georgia and is expected to create thousands of jobs. “Hard-working Georgians are going to haveContinue Reading
The Department of Energy is giving a $107 million conditional commitment loan to Syrah Technologies, the operator of a plant in Vidalia, Louisiana which produces natural graphite-based active anode material crucial for manufacturing batteries, reports Canary Media. Unlike previous loans by the DOE meant to aid research and development, Syrah TechnologiesContinue Reading
New data has revealed that Koch Industries, built on oil and gas, is one of the nation’s top investors in battery technology development, outside of the automobile industry, reports the Wall Street Journal. Over the last 18 months, the company has reportedly invested at least $750 million into the U.S. batteryContinue Reading
Mercedes-Benz has opened a new electric battery vehicle factory near Tuscaloosa, Alabama which will create up to 600 new jobs while boosting supply of lithium-ion batteries needed to manufacture the car company’s two new EV models, according to the Associated Press. “Mercedes-Benz will expand its partnerships with the world’s leading batteryContinue Reading
Electric vehicle sales are on the rise in southeastern states like Georgia, which has seen a 63% jump in the number of electric vehicle ports, reports Georgia Public Broadcasting. Total electric vehicle sales in the Southeast increased by 48% in 2021, as opposed to the national average increase of 3%. “StateContinue Reading
The Super Bowl is a vital day for ads. Companies spend big to showcase their products and services to millions of viewers and this year, a record amount of automakers focused solely on featuring their new electric vehicles, reports Vox. “We’re in the early stages of the biggest transition in theContinue Reading
Car manufacturers like Toyota and Volkswagen are racing to secure positions as leaders of the electric vehicle revolution, with hopes to knock Tesla out of first place, reports Bloomberg. The two automotive giants recently announced a combined $170 billion worth of plans to massively upscale EV production. “When the two biggestContinue Reading
Popularity of electric vehicles continues to grow at an incredible rate, with global sales of electric vehicles rising 81% in 2021, reports Utility Dive. The pace of electric vehicle growth is happening quicker than originally predicted, with experts now expecting EV sales to account for 20-30% of car sales in theContinue Reading
Except where noted, Contents © 2022 by US Energy Update. For information, contact Editor@USEnergyUpdate.com.