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.
TROY, MI—According to a recent study conducted by J.D. Power. Some EV owners in states such as California and Texas have been plagued by problems such as nonfunctioning charging stations.
WASHINGTON—President Joe Biden has signed the much-anticipated Inflation Reduction Act, which promises to spur domestic investment in electric vehicle technology. The bipartisan legislation includes automotive manufacturing and consumer purchase incentives to expand vehicle electrification in the United States.
LANSING, MI—The Upper Peninsula of Michigan is has an abundance of scenic coastlines and a rich mining heritage. However, the UP also has a shortage of infrastructure for charging electric vehicles.
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.