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Inside Our Next Energy’s battery plants

Our Next Energy's value proposition for those batteries — and for the cells and packs it intends to produce at its own plant — is energy density. Specifically, the company wants to pack the most range into batteries with limited cobalt and…

GM-Samsung battery plant approved in Indiana

General Motors appears to be moving forward with a plan to build an electric vehicle battery plant in northern Indiana. The automaker has proposed spending $3.5 billion on what would be its fourth U.S. battery plant, according to…

2024 BMW 5 Series gets i5 electric version

BMW will roll out at least four variants of the all-electric i5 midsiz sedan as it expands drivetrains as part of a redesign of the eighth-generation 5 Series family. The i5, which will compete against luxury battery-electric cars…

Gentex auto supplier hit by ransomware attack

According to TechTarget, a Dunghill operator reached out with a link to what the group claims is 5 terabytes of sensitive corporate data from Gentex, including client documents and personal employee information. The report indicated…

Geely doubles stake in Aston Martin

Aston Martin said Geely Automobile Holdings had committed to invest about 234 million pounds ($295 million) in the British luxury automaker, making the Chinese automotive group its third largest shareholder. As part of the transaction,…

Battery recycler Cirba Solutions plans expansion

WIXOM, Mich. — Cirba Solutions, a new battery recycler formed from companies with decades of industry experience, plans to expand its electric vehicle battery recycling business sevenfold in the next few years. The key to Cirba Solutions'…