General Motors #battery boss Kurt Kelty will have a big task in today’s Investor Day presentation. The legacy #oem has to pivot away from centering their #electricvehicle product line on their ULTIUM Cells batteries in favor of a multi #batterysupplier approach. Opening the product lineup to different cathode chemistries and form factors should allow a more tailored approach to designing and building #evs in different vehicle segments. All of which is focused on containing costs as GM introduces new EVs in a new vehicle market reeling from recent price hikes. There is no advanced word on the status of GM’s proposed use of #lfp batteries designed by China’s CATL but manufactured by Japan’s TDK. That question must be sorted out rather quickly if GM is going to keep to its schedule for the new Chevrolet Bolt. #automotiveindustry #ev #oemsupplier #tdk #automobilindustrie #cathode #batterymanufacturing #forecasting AutoForecast Solutions LLC Tesla Veteran Is Overhauling GM’s Troubled EV Battery Strategy https://lnkd.in/eNF-nXwV
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While many traditional OEMs have launched or announced EV line-ups, the less than ideal DCFast charger network in the US (outside of Tesla) still creates range anxiety for 'would-be' drivers of these EV's. The opportunity to access Tesla's Supercharger network by non-Tesla vehicles will be a game changer, boosting both these OEM's EV sales, and EV adoption overall! #EVCharging #EV #ElectricVehicles #SustainableMobility #GreenTransport #AlternativeFuels #CleanTech #FutureOfTransport #ZeroEmissions #ClimateAction #Tesla #J3400 #Mercedes Impact 21, W. Capra Consulting Group, Transportation Energy Institute, Kevin Farley, Kelly Schimmel (Fink), Diane Frechette, Gabe Olives, Alvin Fortson
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General Motors is ditching Ultium batteries? What's with the ultimatum? 🤷♂️ The automaker is making a big shift with its Ultium battery platform, They're ditching the name and embracing cheaper LFP batteries to lower costs and stay competitive. GM will cut production costs by about $6,000 per vehicle. SAvings come by moving from nickel cobalt manganese (NCM) to lithium iron phosphate (LFP). No more reliance on cobalt, known as the "blood diamond of batteries." New battery cell development center to open in 2027, aiming to rival Chinese battery dominance. LFP batteries in larger EVs can still achieve 350+ miles per charge. The change will result in 75% smaller modules. #automotiveindustry #dealership #EVs #GM https://lnkd.in/gFugcEix
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Tesla Quietly Replaces Cybertruck Batteries: Is It a Secret Recall? Tesla’s Cybertruck is under scrutiny with secret battery replacements. What does this mean for the EV industry and consumer safety? Click to find out: https://lnkd.in/dFBcW3Jv #Tesla #Cybertruck #CybertruckNews #TeslaUpdates #ElectricVehicles #BatteryTech #EVIndustry
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Exciting developments in the electric vehicle industry! BYD has significantly increased its production capacity, adding the equivalent of a Tesla's worth of capacity over the past three months. This expansion is a pivotal move in the ongoing evolution of the EV market, positioning BYD to meet growing global demand and enhance its competitive edge. For a deeper dive into this impressive achievement and what it means for the future of electric mobility, read the full blog post here: [BYD Added a Tesla-Worth of Production Capacity over the Past 3 Months](https://ift.tt/t6nzbOE)
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In the weeks since the election, auto experts and citizens alike have wondered what the outcome means for the future of EVs. Here’s our answer: New reporting from The Verge confirms that consumers remain hungry for EV technology, regardless of who is in the White House. For Q3, GM came in second after Tesla for EV production, “beat[ing] out rival Ford by about 8,600 units,” with GM leadership stating “sales have accelerated since the company built a dedicated EV platform.” We’re confident sales will continue to soar. It’s in automakers’ best interests to continue—and even intensify—their EV investment efforts. Learn more about growing EV demand by reading the full piece here: ➡️https://lnkd.in/ghJEAZ2Y
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Electric vehicle sales in Australia have hit 70,094 units by the end of September 2024, showing a 6.6% growth compared to last year. While EVs are on the rise, hybrids have grown by 87% and plug-in hybrids by an impressive 120.5%. Tesla continues to lead the market with 30,750 sales, though down 19%, while BYD’s sales have jumped by 37.53%. It’s interesting to see how the landscape is shifting. What are your thoughts on the future of EVs in Australia? #novatedlease #salarypackaging Paywise Garrick Ibbotson Steven Georgiou Peter Antoniazzi
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Our Principal Consultant, Chris Chandler, believes that this year's #AtoZ EV Rally will help to build trust in battery technology and dispel certain anti-EV opinions. Importantly, he's hoping that it will give more people the confidence to drive a #usedEV, making them more affordable and accessible. Chris will be driving the full route in an almost nine-year-old Tesla, highlighting the reliability of the technology. He explains: "By proving EV technology is robust it helps instil confidence in people who may be nervous about making the transition. After all, most EVs have an 8-year 80/100,000 mile warranty on their batteries!" "Hopefully by demonstrating this robustness, people will be more comfortable in buying used EVs too. At Lex Autolease we now have pilot schemes for second life leasing on used EVs, and we're confident this will make EVs more attainable for those who may not be able to afford to lease a new vehicle." #UsedEVmarket #ElectricVehicles #Secondlifeleasing #Collaboration
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What happened in the mobility market today ? Read this 1-minute recap to stay informed. 1. GM 🇺🇸 announced that it will end production of its gasoline-powered Chevrolet Malibu later this year in order to produce new EVs. 2. Mercedes 🇩🇪 is no longer committed to full transition to BEVs by 2030. “The transformation might take longer than expected,” CEO Ola Källenius said today. 3. Elon Musk said that Tesla’s 🇺🇸 FSD (Supervised) v12.4 will potentially start rolling out next week (# 20). 4. WattEV 🇺🇸 opened the world’s largest solar-powered truck charging depot in California, with 50 chargers including three 1.2MW megawatt rapid charging (MCS) chargers. 5. Hyundai Motor 🇰🇷 plans to use investment in its EV and battery manufacturing facilities in Georgia 🇺🇸 to produce hybrid cars. 6. Nikola 🇺🇸 produced today the 100th hydrogen fuel cell electric truck. 7. "Fair competition is good. What we don't like is when China floods our market with massively subsidized electric cars” Said today the president of the European Commission 🇪🇺, Ursula Gertrud von der Leyen. 🔷🔷🔷 That’s a daily recap that I post every single day. I hope you enjoyed reading.
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Before Trump took office, the Pentagon added the world’s largest EV battery maker to its blacklist, potentially creating challenges for automakers like Tesla, Ford, and GM. Read more about the move and the problems it may pose: https://ow.ly/z6EB30sJua5 #EV #ElectricVehicles #BatterySupply #Tesla #Ford #GM #GreenEnergy #Sustainability
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