Battery and Components
Norwegian battery materials firm seals GM deal
Another step in the US building out ‘China-free’ battery supply chains
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Corporate Strategy
Mystery surrounds potential Fisker partner
The automaker has inked logistics and distribution deals but no clarity on the third party that could accelerate its route to market
Vehicle Sales
Lucid launches Gravity SUV
High price may prove a stumbling block in three-row SUV segment
Corporate Strategy
Deutsche sees no Tesla growth until 2026
Bank cautious on the Musk-led firm’s short-term future
Charging and Grid
Chargepoint execs exit as earnings take $42mn hit
CEO and COO are out after charge contributes to big earnings consensus miss
Vehicle Sales
Canadian BEVs grab double-digit market share
ICE is predicted to suffer accelerating losses in its slice of the pie in the US’ northern neighbour
Battery and Components
SK On and BASF to collaborate on LFP batteries
Ford and Hyundai battery partner to try to play catch up on China-dominated chemistry
Battery and Components
Toyota to recycle HEV batteries for BEVs
Agreement with Nevada firm will establish localised circular recycling of end-of-life HEV cells
Corporate Strategy
Faraday Future scrapes bottom of liquidity barrel
Production ‘bottlenecked’ by lack of cash as share price languishes on dilution concerns
Charging and Grid
Mercedes opens first North American charging station
Joint venture with MN8 aims to install 400 charging hubs across the US
Vehicle Sales
Cenntro fails to shrink losses
Commercial EV maker sees sales revenue rise but overheads skyrocket
Corporate Strategy
GM acquires gigacasting company in potential blow to Tesla
GM will leverage TEI tech to build Cadillac EVs as legacy OEMs look to catch up on gigacasting
Corporate Strategy
Fisker bullish on pricing strategy
Execs boast of e-pickup size ‘sweet spot’ in US and pricing to face down Chinese imports in Europe