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Good afternoon and happy Friday, readers! In today’s Daily on Energy, the Interior Department has given the green light to a ...
The company will eventually start building its own battery packs in the US with LG but until then, they'll stick with Chinese ...
GM currently uses domestically-produced batteries, but the move to a Chinese-built pack will cut into profits until the transition to batteries made here. Chinese batteries come with steep tariffs of ...
Also on the deck today: The Chinese government has intervened amid the country's brutal EV price war. Plus, Shell will dismantle the Volta charging stations this year. Consolidation is coming for EV ...
GM is willing to pay high tariff import taxes in exchange for more affordable batteries to go into what will be its ...
Shares rose for a second day, in a rally sparked by rival Eli Lilly (LLY) reporting less-than-stellar trial results for an ...
The 2027 Chevrolet Bolt electric car, which is expected to become one of the most affordable EVs in the United States, will be powered by lithium iron phosphate (LFP) batteries sourced from outside ...
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Just Auto on MSNGM to import CATL batteries for Bolt EV amid tariff constraints – reportProduction of the latest Bolt model is scheduled to commence at the Fairfax Assembly Plant in Kansas towards the end of this ...
GM will import LFP batteries from China's CATL until LG Energy Solutions can ramp up production in the US. Trump tariffs may ...
General Motors will source batteries from China’s CATL for its next-generation Chevrolet Bolt, set to launch in 2026, absorbing steep tariffs to keep costs down. The two-year arrangement serves as a ...
Until GM builds its own, the new Chevy Bolt EV will use lower-cost LFP batteries from China’s CATL. GM will temporarily lean on CATL to power its most affordable electric vehicle. The new Chevy Bolt ...
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