EV news for the week of June 11, 2023
- GM and Samsung’s EV Battery Investment: General Motors (GM) and Samsung SDI are planning a joint venture to build an electric vehicle battery cell plant in New Carlisle, Indiana. The plant, which represents an investment of over $3 billion, is expected to play a pivotal role in GM’s transition to electric vehicles. Upon completion, the facility will provide over 30 GWh of battery cell production capacity and is scheduled to begin production in 2026. More details can be found in the source1.
- Safety Concerns Over Heavy EVs: Jennifer Homendy, Chair of the U.S. National Transportation Safety Board, expressed concerns about the potential safety risks associated with heavier electric vehicles. She specifically pointed to the GMC Hummer EV and the Ford F-150 Lightning EV, which are significantly heavier than their gasoline counterparts. More information is available in the source2.
- Engine Failure Leads to Ford Hybrid Recall: Ford issued a recall for over 120,000 of its hybrid vehicles due to a risk of engine failure, which could lead to fires. Notifications for the recall were set to be sent out to vehicle owners starting June 12, 2023. Find more details in the source3.
- Electric Versions of Rolls-Royce Spectre and BMW M3: The electric version of Rolls-Royce’s Spectre has completed over 1.5 million miles of global testing, adapting to different road conditions. More about this can be found in the source3. In parallel, BMW has plans to release an electric version of its M3 model, set to be the first electric M series car. More information can be found here3.
- FedEx Introduces Electric Delivery Vehicles in South Africa: FedEx’s Express subsidiary launched a fleet of 10 zero-emission electric delivery vehicles in South Africa, as part of its goal to fully transition its delivery operations to zero emissions by 2040. The company plans to make all of its new vehicle purchases electric by 2030. More details are available in the source4.
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