EV Battery Production in Georgia Charges Ahead Thanks To Settlement

EV Battery Production in Georgia Charges Ahead Thanks To Settlement

Scaling production of EVs in the U.S. will require a ramp-up in domestic battery production. Now there’s good news on that front. A battery factory in Georgia can move forward after LG Energy Solution and SK Innovation (South Korean companies), two of the world’s biggest electric vehicle battery manufacturers, settled a dispute. 

Why This Matters: The dispute threatened U.S. production of EVs. SK has contracts to produce batteries for electric Ford F-150 pickup trucks and Volkswagen SUVs.

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Volkswagen all in on EVs

Volkswagen all in on EVs

After its 2015 scandal where Volkswagen admitted to US regulators that it cheated on emissions tests, the German automaker has unveiled its new plan to invest heavily in electric vehicles and achieve carbon neutrality by 2050. According to VW’s recent press release, the company plans to release 70 new electric models in the next ten […]

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Electric Vehicle Experiments Abound – Not Just For the Wealthy

Electric Vehicle Experiments Abound – Not Just For the Wealthy

After admitting in 2016 to lying about excessive diesel emissions, Volkswagen (VW) agreed to pay $14.7b in penalties of which $2b will be invested by a VW subsidiary called Electrify America to boost electric vehicle use. Of that, $800m goes to California where the state is requiring nearly $300m be spent to help low-income and disadvantaged communities gain access to electric vehicles, according to The New York Times. As a result, Sacramento is a hub for numerous electric vehicle pilot programs and the only controversy is whether more areas of California should get to have similar pilots.

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