CHICAGO—Amazon has unveiled its new package delivery van produced by Rivian Automotive Inc. at its assembly plant in Normal, IL. The 23-foot-long electric vehicles are hitting the streets in Baltimore, Chicago, Dallas, Kansas City, San Diego, Seattle, St. Louis and other elsewhere.
GOTHENBURG, Sweden—To meet the growing demand for battery electric heavy-duty vehicles and machines, the Volvo Group has initiated the process to establish a large-scale battery assembly plant in Sweden.
LORDSTOWN, OH—Foxconn has signed an agreement to manufacture Monarch Tractor’s battery packs and electric agricultural equipment at its assembly plant here.
Traditionally, electric traction motors use permanent magnets made with rare-earth metals. However, materials such as dysprosium and neodymium are a limited resource.
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.