Tag: battery production
Tesla cuts its German battery plans after receiving favorable U.S. incentives
Tesla is one of the first companies to publicly announce a strategic move as a result of the Inflation Reduction Act (IRA) incentives. The...
VinFast to manufacture in North Carolina with a $4 billion investment
Vietnamese electric vehicle (EV) startup VinFast confirmed earlier this week that it had chosen North Carolina as the location of a new production facility....
Toyota commits $3.4 billion to battery development in US
On Monday, Toyota Motor North America unveiled a plan to spend billions of dollars on automotive battery development in the US. The carmaker also...
GM and LG Chem choose Tennessee to enhance battery production leadership
GM and LG Chem announced Friday plans to build a $2.3 billion battery production facility in Spring Hill, Tennessee. This facility, the second in...
