Showing posts with the label #EV batteries

Ford Pours Billions in EVs

  2 New EV Mega Manufacturing Plants in the US                         Source:  Ford New EV Plant & EV Trucks $11.4 Billion for Electrification - Major EV Commitment Ford, along with South Korea's SK Innovation energy company, are investing $11.4 billion to build two, huge manufacturing facilities for electric vehicles in Kentucky and Tennessee.  Ford is partnering with SK on the development and manufacturing of much less expensive lithium-ion batteries to bring down the price of Ford electric vehicles and make them much more affordable to the average consumer.  Ford is investing $7 billion in the project.  SK is investing $4.4 billion. That is the biggest manufacturing investment in Ford's 118 year history.  The projects will create 11,000 new US jobs and the facilities are expected to be up and running by 2025. Ford's Big Electric Plans Ford's plans for electric vehicles are big as it shifts away from gas powered vehicles.  The company will invest a total of $30 b

Volvo's Vision of E-Driving & 625 M Range

  Concept Recharge - Volvo's E-Car of the Future                                                                  Source:  Volvo's Concept Recharge EV Battery with a 625 Mile Range Sweden based Volvo has very ambitious electrification plans.  It intends to have an all-electric vehicle lineup by 2030.  It has developed a new EV battery with a staggering range of 625 miles on a single charge.  And it has developed the "Concept Recharge" car, which is a model for what Volvo EVs will look like in the future.  Volvo plans to sell 600,000 EVs by 2025.  Volvo is owned by China based Geely. Concept Recharge The Concept Recharge vehicle is an electric SUV designed for maximum comfort and space.  It has a unique, vertical infotainment tablet, an open space, comfortable interior design and reverse hinge rear doors.  A version of the concept will be on the road by 2024. 625 Mile Range Volvo is far ahead of other global EV makers on battery range.  The only vehicle that even comes