Ford is scaling back its $3.5 billion investment in a Michigan EV battery plant due to slower-than-expected EV demand.
The company will cut jobs at the plant from 2,500 to 1,700 and reduce battery production from 30 to 20 gigawatt hours annually.
Factors for this decision include demand, affordability, and business sustainability.
Hyundai Motors has launched a cutting-edge electric vehicle factory in Singapore that utilizes robotics, AI, and innovative manufacturing techniques to enhance efficiency, produce up to 30,000 vehicles each year, and make electric vehicles more affordable. The factory also employs Boston Dynamics’ robot, Spot, for quality-check tasks and serves as a customer experience center for vehicle personalization and production viewing. This establishment signifies a major shift in the automotive industry, paving the way for flexible manufacturing processes for future smart mobility solutions.
More coverage: https://www.brief.news/stories/309c119a-fd54-4533-a5b4-a9b06b8bfd1a?v=f&p=r
I wonder if such bikes and mopeds are available around the world or mostly in Europe?
Toyota has pushed back the mass production of its solid-state battery technology to 2030.
Previously, it was claimed that these batteries would power EVs with a range of 600 miles by 2027.
Initial production of these batteries will only power a small percentage of Toyota’s total production.
Toyota plans to launch its next generation of battery-powered cars by 2026, using liquid-based lithium-ion batteries.
These new cars are expected to offer over 497 miles of driving range.
Despite the delay in solid-state batteries, Toyota still aims to sell over three million EVs by 2030.