EV battery company Akasol to lay off 188 metro Detroit workers
Akasol, a wholly owned subsidiary of auto supplier BorgWarner Inc., will close two locations and shed 188 workers by April 2025.
EV battery company Akosol to close its facilities in Hazel Park, Warren
A total of 188 jobs will be lost when Akasol Inc. closes two Michigan facilities, according to a state WARN notice.
EV battery company to close two Michigan plants, lay off 188 workers
An electric vehicle battery company will permanently close two of its Michigan plants in April, laying off 188 workers. Akasol, a German company that was acquired by BorgWarner in 2022, filed a notice with the state of Michigan on Feb. 11 announcing plans to close two of its plants in Hazel Park and Warren.
Toyota to transfer LG Energy battery order to Michigan plant
Toyota Motor has agreed to transfer its order for LG Energy Solution vehicle batteries to a Michigan plant that General Motors is exiting, the Japanese automaker confirmed Tuesday. GM in December said it would sell its stake in the plant,
Toyota is supporting LG battery plant with $1.5 billion order
Toyota Motor Corp. has agreed to shift a $1.5 billion order with LG Energy Solution to bolster operations at a Michigan battery plant after General Motors Co. backed out of the project, according to people familiar with the matter.
Toyota steps in to support Michigan EV battery plant with $1.5B order after GM backs out
In a turn of events, Toyota is stepping in to support LG Energy Solution’s EV battery plant in Michigan. Toyota reportedly placed a $1.5 billion order to boost operations at the facility after GM backed out.
CATL, Volkswagen to Collaborate on EV Batteries Amid Intensifying Competition
The Chinese battery giant will collaborate with Volkswagen on electric vehicle batteries, new materials and other auto parts.
Benzinga.com2d
Top Performing EV Battery Stocks
companies producing EV batteries are likely to get more orders, presenting an opportunity for investors. Individuals who want EV battery stocks in their portfolios may want to consider these ...
Inside Climate News15h
EV Battery Manufacturing Capacity Will Rise When 10 New Plants Come Online This Year. But Can They Thrive in Chaos?
Donald Trump will preside over a near-doubling of U.S. battery manufacturing capacity for EVs in 2025. His policies will help ...
New EV batteries are making electric cars cheaper and safer
Lithium-ion phosphate (LFP) batteries last longer, cost less and have fewer fires than the nickel manganese cobalt (NMC) ...
EV Batteries With Higher Silicon Content Are Coming: GM Exec
Silicon anodes can help EV batteries remove some of the inefficiencies that graphite usage brings. According to a study ...
Electrek10h
Mercedes-Benz is already testing solid-state battery EVs promising +600 miles range
The race for the “holy grail” of EV batteries is heating up. Mercedes-Benz is now testing EVs with solid-state ...
European EV battery material startups make recycling breakthroughs
Two European startups said on Thursday they had hit milestones in recycling electric vehicle battery materials that will be ...
Electric truck startup Nikola files for bankruptcy
After struggling to raise cash and undergoing several leadership changes, the electric semi truck maker Nikola filed for ...
The Jakarta Post2d
Govt forms investment holding company for raw EV battery materials
Ministry has transformed PT Indonesia Battery Corporation (IBC) from a project development company into an investment holding ...