Rivian Automotive, Inc. will participate at the Barclays Global Automotive and Mobility Tech Conference this week. Rivian CFO Claire McDonough will join the fireside chat at the conference on Wednesday, November 29, at 12:00 p.m. ET. The live webcast of the discussion is available here. Barclays Global Automotive and Mobility Tech Conference is one of […]
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Nickel Industries from down under has invited Tesla, Panasonic, Northvolt, and other automakers and battery suppliers to invest in its facilities in Indonesia. The Australian company plans to expand into the high-purity nickel industry in the electric vehicle (EV) industry. Nickel Industries aims to build a $2.3 billion plan in Morowali, Indonesia and seeks investors […]
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LG Energy Solution (LGES) is shaking up its leaders as it initiates phase two of its battery expansion plans. LG Energy Solutions announced the appointment of a new CEO next year. The current LGES CEO, Kwon Young-soo, will pass the torch to President Kim Dong-Myung. “The new CEO, Kim Dong-myung, has a proven track record […]
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LG Energy Solution (LGES) and SK On are laying off workers as it reduces electric vehicle (EV) investments in North America. The South Korean battery suppliers are slowing their expansion in North America due to sluggish demand in the electric vehicle market. LG Energy Solution announced it would be laying off 170 workers at its […]
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Earlier this week, New Jersey officials announced plans to ban the sale of new gas-powered cars by 2035. The ban is New Jersey’s effort to improve the air quality in the state. “The steps we take today to lower emissions will improve air quality and mitigate climate impacts for generations to come, all while increasing […]
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Data gathered by EV Job Hub revealed that the Inflation Reduction Act (IRA) has boosted elective vehicle (EV) manufacturing investments in the United States. According to the information gathered, 47% of EV manufacturing investments have occurred after the IRA was passed. As of November 17, 2023, $173 billion investments in electric vehicle and battery manufacturing were made […]
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Stellantis appears to be strengthening its ties in China’s automotive industry. Stellantis recently repurchased €934 million in shares from Chinese auto company Dongfeng as per a pre-existing share repurchase framework. Dongfeng Motors Corporation Ltd. is a state-owned automobile manufacturer headquartered in Wuhan, Hubei. Stellantis repurchases 50 million common shares from DongFeng and plans to cancel them. “Dongfeng […]
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Tesla is at the forefront of Nuevo León’s Governor Samuel García Sepúlveda as he carries out his “electromobility” presidential campaign for next year’s election. Governor García Sepúlveda, 35, threw his hat into the ring for next year’s presidential race last week. He submitted his candidacy for the center-leftist Citizens’ Movement (MC) ahead of the general […]
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The end of the Tesla Sweden strike might be in sight as IF Metall pulls out a trump card that could ultimately halt the automaker’s operations. Tesla Sweden might have been backed into a corner as IF Metall has successfully blocked the company from receiving new license plates for vehicle orders. Tesla has so far […]
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BYD recently won a contract, adding its battery-electric school bus to the California Department of General Services (DGS) statewide electric school bus contract. “BYD | RIDE is thrilled that our battery-electric school buses, the Achiever (Type A) and the Dreamer (Type D), are eligible for the California DGS Contract,” said Patrick Duan, BYD | RIDE […]
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