The federal government is likely to lend LG money to GM’s battery operation joint venture with LG. VW begins production of ID.4 in the US. Porsche says it can make a profit from electric cars – more profitable than gas. And producer Sono Sion bowed. This and more, here Green Car Report.
The Sono Sion EV adds solar power was revealed in production form, with only minor changes, although the interior has been reconfigured for more space. While its 54 kwh LFP battery pack offers a range of 190 km, Sion claims that its solar cells – actually throughout the body – will add an average of 70 miles a week or up to 152 miles in ideal conditions.
Before potentially listing on the stock market later this year, Porsche says that it is aiming to More profitable with electric cars than petrol models. The EV strategy targets eight out of 10 models from the performance car maker to become electric by the end of the decade.
Volkswagen has started USA assembles ID.4 . electric cars. With it, VW infiltrates the US electric vehicle supply chain – including batteries from an SK plant in Georgia – but perhaps more importantly, it can start to ramp up sales to match its growing focus. the “millions, not millionaires” score it has had for years.
And the US Department of Energy has confirmed a $2.5 billion conditional federal loan to Ultium Cells LLC, the joint battery-cell maker GM-LG, to battery plants in Ohio, Tennessee, and Michigan, which will manufacture GM’s large format NCMA holster cells — and hopefully boost the availability of more Affordable US-built EV. This loan will be the first such ATVM loan in more than a decade.