The Korean battery giant LG Energy Solution supplies a lot of power to a lot of electric vehicles. But these days, the company’s North American president and chief strategy officer, Bob Lee, has steamships on his mind. “Pretend it’s 1875,” Lee told InsideEVs at the New York Auto Show last week. “Sailboats have been crossing the … Continue reading “'We Lose The Auto Industry': LG Energy Chief's Warning If America Backs Off EVs”
Written by EVadmin
GM announced in 2022 it could build 1M EVs annually in 2025 It aimed to make 400,000 EVs over 2022 and 2023—later extended into 2024 Backpedaling on both targets, CEO Barra now says an undeveloped EV market is to blame General Motors CEO Mary Barra has walked back the automaker’s target of having production capacity … Continue reading “GM CEO backs away from 1M EV target, says market's "not developing"”