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The 2027 Chevrolet Bolt electric car, which is expected to become one of the most affordable EVs in the United States, will be powered by lithium iron phosphate (LFP) batteries sourced from outside ...
Good afternoon and happy Friday, readers! In today’s Daily on Energy, the Interior Department has given the green light to a ...
GM currently uses domestically-produced batteries, but the move to a Chinese-built pack will cut into profits until the transition to batteries made here. Chinese batteries come with steep tariffs of ...
Also on the deck today: The Chinese government has intervened amid the country's brutal EV price war. Plus, Shell will dismantle the Volta charging stations this year. Consolidation is coming for EV ...
GM is willing to pay high tariff import taxes in exchange for more affordable batteries to go into what will be its ...
General Motors currently sells 12 electric vehicles in the US, and every one of those uses cells built in the US. The Bolt EV will too, eventually, as GM said it would start LFP production in the US ...
The investment conglomerate reported a higher-than-expected profit, aided by a recovery in its te ...
GM has reportedly outlined plans to import batteries from China's CATL for its forthcoming Chevrolet Bolt EV model.
GM will import LFP batteries from China's CATL until LG Energy Solutions can ramp up production in the US. Trump tariffs may ...
General Motors plans to import batteries from China, despite steep tariffs imposed by President Trump, to power its second-generation Chevrolet Bolt electric vehicle, a supply-chain Band-Aid for a ...
Until GM builds its own, the new Chevy Bolt EV will use lower-cost LFP batteries from China’s CATL. GM will temporarily lean on CATL to power its most affordable electric vehicle. The new Chevy Bolt ...
General Motors is turning to Chinese battery giant CATL for help powering its next-generation Chevrolet Bolt, according to The Wall Street Journal.