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BYD to reportedly raise battery prices by 20% due to raw material costs

A recent report out of China cites documentation that major battery supplier BYD intends to raise the prices of its lithium battery cells by at least 20% beginning November 1. BYD notes market changes surrounding the limits of raw materials for lithium batteries as the reason for the price hike. With global supply chains stifled,

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Chevrolet Bolt EV/EUV Production Will Resume Next Week

Chevrolet Bolt EV/Chevrolet Bolt EUV production at the Orion Assembly plant in Michigan will finally resume on November 1, after several months of pause (since August). According to Automotive News, General Motors intends to resume “limited” Bolt production “for two weeks,” which indicates that not everything is sorted out yetand the company requires more time to

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Canoo Lifestyle Vehicle will get Panasonic cylindrical cells for its structural battery approach

The electric vehicle startup Canoo has chosen Panasonic cylindrical lithium-ion cells for its upcoming Lifestyle Vehicle, the company revealed on Monday. The Lifestyle Vehicle is expected to arrive in late 2022 and start at $34,750. The decision keeps with the trend to favor cylindrical cells that we’ve noted among virtually all startups and companies that

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