The goal is to reduce computational costs and accelerate Volkswagen’s adoption of quantum computers to develop battery materials that are safer, lighter, and more cost-effective.
TOKYO—Honda Motor Co. has established a strategic partnership with Hanwa Co. to ensure a stable supply of essential metals for electric vehicle batteries.
VAN BUREN TOWNSHIP, MI—Our Next Energy (ONE), a Michigan-based energy storage technology company, will invest $1.6 billion to build a new battery cell manufacturing plant here.
President Joe Biden signed the Inflation Reduction Act of 2022 (IRA) into law on Aug. 16. The law is a major accomplishment for Democrats, who have been struggling for months to pass Biden’s ambitious social and climate policies, as well as his vision to raise taxes on the rich.
Overheating is one of the biggest challenges facing engineers developing new types of battery technology. Too much thermal activity can reduce performance, cause malfunctions and increase the risk of fires and other serious problems in electric vehicles.
TORRANCE, CA—Honda and South Korean battery maker LG Energy Solution will spend $4.4 billion to build a new battery assembly plant in the United States as the Japanese carmaker seeks to phase out fossil-fuel vehicles completely by 2040.
DEARBORN, MI—Ford has announced a series of initiatives for sourcing battery capacity and raw materials that will enable the automaker to produce 600,000 electric vehicles by late 2023 and more than 2 million by the end of 2026.
HERNDON, VA—Volkswagen Group of America Inc. and Redwood Materials Inc. are collaborating to create a supply chain to recycle Volkswagen and Audi electric vehicle batteries in the United States.