AESC has stopped construction on two U.S. battery manufacturing facilities. The company was in the process of investing $3.6 billion in the two new factories. This is seen as a direct result of import tariffs and the cooling of EV demand in the United States. The Chinese-owned battery manufacturer Automotive Energy Supply Corp. (AESC) had … Continue reading “Why Another Battery Maker Slammed The Brakes On More U.S. Plants”
Written by Electric Vehicles Magazine
Solid state batteries have entered trailblazer mode. Pretty much every big automaker and battery plant is working on making a commercially-available product—a race to achieving that sweet, sweet equilibrium between cost, scalability, and viability that lets a piece of conceptual tech make its way into the car parked in your driveway. But while some automakers … Continue reading “Hyundai, Kia Pump The Brakes On Solid State Batteries Until 2030”
Written by Electric Vehicles Magazine
Japan’s THK unveiled the LSR-05 EV prototype at the 2024 Paris auto show Prototype features in-wheel motors and wireless charging system The designer was former Nissan design chief Shiro Nakamura A Japanese company specializing in components that utilize linear motion with rolling contact presented an electric vehicle prototype showcasing some of its latest developments at … Continue reading “THK EV prototype teases in-wheel motors, electric brakes, four-wheel steering”