Electric Mobility News

Stellantis is investing heavily in EVs and plans to produce dozens in the coming decade, but Tavares warned last month that affordable battery EVs were between five and six years away.

South Korea needs critical mineral supplies, having pledged to become a battery manufacturing powerhouse by 2030

Executives at Lucid Motors believe that with economies of scale and reduction in features, a more affordable EV can be created.

There are plans to launch this vehicle by 2025 as the current generation of the Boxster 718 has been in production since 2016 and is based on the internal combustion engine.

From what GM has indicated there could be two different powertrains and body styles for the Corvette in the near future.

Chen, who was most recently the CEO of the company's China division and has spent nearly two decades in the automotive industry, succeeds Carsten Breitfeld, who was removed from the role by the board, the company added in a filing.

The company also raised its sales target for electric vehicles (EVs) to up to 40% of its total global sales by 2030

Original equipment manufacturers' battery-electric and hybrid vehicle sales aspirations will face strong headwinds as they scramble for raw materials, with annual market demand for lithium-ion batteries pegged at about 3.4 Terawatt hours (TWh) by 2030.