🔥The BYD Seal U has been launched in China with a price starting at $18,040 for the hybrid version and $20,800 for the electric version.
💰 Price: $18,040 (hybrid), $20,800 (electric)
🔋 71.8/87 kWh LFP battery
🛣️ 520/605 km range
⚡ 204/218 HP motor options
🔌 90/140 kW DC, 11 kW AC charging support
📐 4,785 mm length, 2,765 mm wheelbase, heat pump thermal management system
The Chinese electric vehicle giant BYD has opened orders for the Seal U model. For the 2024 model year, there is a significant reduction in prices, almost $3,000.
Having surpassed the 800,000 sales mark in three years, the Seal U will initially come to our country only with the plug-in hybrid version. This motor option stands out with a starting price of $18,000.
<img loading="lazy" decoding="async" class="aligncenter wp-image-42577 size-large" src="https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_6187-1024x567.jpeg" alt="" width="750" height="415" srcset="https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_6187-1024x567.jpeg 1024w, https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_6187-300x166.jpeg 300w, https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_6187-768x425.jpeg 768w, https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_6187-1536x851.jpeg 1536w, https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_6187-1568x868.jpeg 1568w, https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_6187.jpeg 1887w" sizes="(max-width: 750px) 100vw, 750px" />

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The BYD Seal U Has Been Launched in China with a Price Starting at $18,040

Zeekr

⚡ Chinese ZEEKR极氪 announced a major update to its first car, the 001, by replacing over 2,000 components.
🔋 The 2024 Zeekr 001, available with 95 and 100 kWh battery options, now features an 800V architecture. This not only boosts charging speeds up to 350 kW but also significantly enhances the vehicle’s efficiency.
🟢 Transitioning to the new-generation thermal management system called PTM 2.0 along with the battery, the 4.9-meter electric crossover can operate efficiently in both high and low temperatures.
💨 The new 001 offers a single-motor option producing 310 kW (422 HP) and a dual-motor option capable of generating 560 kW (762 HP). Hence, it’s expected to have a starting price around $40,000.
🚗 Equipped with LiDAR sensor-based autonomous driving mode, a new infotainment system powered by Qualcomm Snapdragon 8295 chipset, and numerous interior design changes, the exact price of the 001 will be revealed upon its release on February 27th.
<div style="width: 750px;" class="wp-video"><video class="wp-video-shortcode" id="video-42447-13" width="750" height="422" preload="metadata" controls="controls"><source type="video/mp4" src="https://api.dolubatarya.com/wp-content/uploads/2024/02/Zeekr-001.mp4?_=13" /><a href="https://api.dolubatarya.com/wp-content/uploads/2024/02/Zeekr-001.mp4">https://api.dolubatarya.com/wp-content/uploads/2024/02/Zeekr-001.mp4</a></video></div>

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The New Zeekr 001 | 800V Architecturer and Qualcomm 8295 Chipset

Tesla

⚡ In the video, a Tesla driver proceeds through deep water without hesitation, even as it rises above the hood.
🔋 Thanks to waterproof packaging around the battery and motor, electric vehicles can navigate such conditions without sustaining damage.
⚠️ However, there’s still a risk of water entering the vehicle cabin and causing damage to electronic components. During flooding situations, it’s essential to drive cautiously and avoid going outside unless absolutely necessary.
<div style="width: 480px;" class="wp-video"><video class="wp-video-shortcode" id="video-43392-2" width="480" height="852" preload="metadata" controls="controls"><source type="video/mp4" src="https://api.dolubatarya.com/wp-content/uploads/2024/04/Tesla-yagmur-1.mp4?_=2" /><a href="https://api.dolubatarya.com/wp-content/uploads/2024/04/Tesla-yagmur-1.mp4">https://api.dolubatarya.com/wp-content/uploads/2024/04/Tesla-yagmur-1.mp4</a></video></div>

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Some EVs in Dubai Continues Through Flooded Streets!

⚡#BYD has revamped its popular electric sedan Han, which sold 220,000 units last year. The 2024 version of the car has been launched in China with a starting price of $25,000.
🟢The 5-meter sedan features a base model with a 150 kW motor, a 60.48 kWh LFP battery, and 110 kW DC charging support. All models come equipped with the new Level 2+ intelligent driving system, DiPilot 100, which has been in development for over 1,000 days. Additionally, the new generation intelligent suspension system, DiSus-C, has been integrated into the 2024 model to enhance Han&#8217;s comfort.
<img loading="lazy" decoding="async" class="aligncenter wp-image-42558 size-large" src="https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_6170-1024x641.jpeg" alt="" width="750" height="469" srcset="https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_6170-1024x641.jpeg 1024w, https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_6170-300x188.jpeg 300w, https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_6170-768x481.jpeg 768w, https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_6170-1536x962.jpeg 1536w, https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_6170-1568x982.jpeg 1568w, https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_6170.jpeg 2048w" sizes="(max-width: 750px) 100vw, 750px" />
🔋The 2024 BYD Han boasts a range of 506 km (CLTC), which extends up to 715 kilometers in the version with an 85.44 kWh battery. During today&#8217;s event, it was emphasized for the first time that the car features a silicon carbide chip inverter and an 800V architecture. However, the charging speed of the largest battery being limited to 155 kW indicates that the entire high-voltage system is not yet ready for 800V.
🚗In the performance version of the car, a dual-motor powertrain capable of producing 517 horsepower and 700 Nm of torque is used, achieving a 0-100 km/h acceleration time of 3.9 seconds.
<img loading="lazy" decoding="async" class="aligncenter wp-image-42554 size-large" src="https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_6169-1024x586.jpeg" alt="" width="750" height="429" srcset="https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_6169-1024x586.jpeg 1024w, https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_6169-300x172.jpeg 300w, https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_6169-768x440.jpeg 768w, https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_6169-1536x879.jpeg 1536w, https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_6169-1568x897.jpeg 1568w, https://api.dolubatarya.com/wp-content/uploads/2024/02/IMG_6169.jpeg 2048w" sizes="(max-width: 750px) 100vw, 750px" />

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The 2024 BYD Han Has Officially Been Released | Starting At $25,000

Audi

💰Starting price: €74,700
🔋94.9 kWh battery, 625 km range
🔌270 kW DC charging, 10-80%: 21 minutes!
⚡388/517 HP motor options (Q6 e-tron quattro vs SQ6 e-tron)
🟢PPE platform, 800V electrical architecture
📐Length: 4,771 mm, Rear trunk: 526 liters, Front trunk: 64 liters, Wheelbase: 2,899 mm
<img loading="lazy" decoding="async" class="aligncenter wp-image-42976 size-large" src="https://api.dolubatarya.com/wp-content/uploads/2024/03/IMG_6407-1024x611.jpeg" alt="" width="750" height="448" srcset="https://api.dolubatarya.com/wp-content/uploads/2024/03/IMG_6407-1024x611.jpeg 1024w, https://api.dolubatarya.com/wp-content/uploads/2024/03/IMG_6407-300x179.jpeg 300w, https://api.dolubatarya.com/wp-content/uploads/2024/03/IMG_6407-768x458.jpeg 768w, https://api.dolubatarya.com/wp-content/uploads/2024/03/IMG_6407.jpeg 1200w" sizes="(max-width: 750px) 100vw, 750px" />
#Audi has introduced its first car developed on the all-electric PPE platform, the Q6 e-tron.
The Q6 e-tron, which is priced 10% cheaper than its sibling model, the Porsche Macan EV, developed on the same platform, stands out with both more compact and lightweight electric motors and a large prismatic cell-based massive battery.
<img loading="lazy" decoding="async" class="aligncenter wp-image-42974 size-large" src="https://api.dolubatarya.com/wp-content/uploads/2024/03/IMG_6408-1024x667.jpeg" alt="" width="750" height="489" srcset="https://api.dolubatarya.com/wp-content/uploads/2024/03/IMG_6408-1024x667.jpeg 1024w, https://api.dolubatarya.com/wp-content/uploads/2024/03/IMG_6408-300x196.jpeg 300w, https://api.dolubatarya.com/wp-content/uploads/2024/03/IMG_6408-768x500.jpeg 768w, https://api.dolubatarya.com/wp-content/uploads/2024/03/IMG_6408.jpeg 1200w" sizes="(max-width: 750px) 100vw, 750px" />
Audi, using NCM811 cathode cells produced by Chinese company Contemporary Amperex Technology Co., Limited (CATL) in Germany, states that the larger cell form facilitates battery production. Additionally, it emphasizes that the newly developed smart thermal management system enhances battery life by continuously conditioning the battery and reduces charging time.
Regarding the engine, the company claims a 50% increase in efficiency compared to the first-generation electric Audis and states that it can produce more power with smaller motors by increasing power density by 62%. It should be noted that the Q6 e-tron uses an asynchronous ASM motor at the front and a permanent magnet synchronous PSM motor at the rear, differentiating it from the electric #Macan.
<img loading="lazy" decoding="async" class="aligncenter wp-image-42972 size-large" src="https://api.dolubatarya.com/wp-content/uploads/2024/03/IMG_6409-1024x595.jpeg" alt="" width="750" height="436" srcset="https://api.dolubatarya.com/wp-content/uploads/2024/03/IMG_6409-1024x595.jpeg 1024w, https://api.dolubatarya.com/wp-content/uploads/2024/03/IMG_6409-300x174.jpeg 300w, https://api.dolubatarya.com/wp-content/uploads/2024/03/IMG_6409-768x446.jpeg 768w, https://api.dolubatarya.com/wp-content/uploads/2024/03/IMG_6409.jpeg 1200w" sizes="(max-width: 750px) 100vw, 750px" />

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Audi Q6 E-Tron | 255 KM Range with a 10-Minute Charge!

🟢One of the world’s largest lithium-ion battery manufacturers, LG Chem America, Inc. is investing in LFP battery production to compete with its Chinese counterparts.
💰Signing an agreement with Chinese Liyuan New Energy to supply 160,000 tons of LFP cathode materials, the company will pay approximately $1 billion for this order.
⚡While LG’s current batteries use NMC/NCA cathodes, LFP cathodes are gaining market share despite having relatively lower energy density due to their significantly lower cost and overcoming barriers in charging speed and winter performance.
🏭LG announced its collaboration with Chinese Huayou Cobalt last year to establish a facility in Morocco with an annual production capacity of 50,000 tons of LFP cathodes. Already producing LFP cells for energy storage systems, LG’s automotive-focused solutions are set to enter mass production by 2025.

LG to Invest in LFP Battery Production for EVs with a Significant Order

Land Rover

December 27: LG Chem&#8217;s battery cathode facility held its groundbreaking ceremony last week. The corporation has modified some of its initial goals.
Originally, the facility was scheduled to begin construction in Q1 2023 and begin mass production in the latter part of 2025. Thus, the production debut date has been rescheduled to &#8220;starting from 2026,&#8221; over a year after the groundbreaking.
Originally, LG Chem stated that by 2027, it would be producing 120,000 tons of cathode material yearly, which would be sufficient to power the batteries of 1.2 million electric vehicles with a 498 km/310-mile range between charges.
However, as of right now, the factory can only produce half of the initial 600,000 high-performance pure electric car cathode materials that were planned for each year.
Nonetheless, the company claims that in response to rising demand, it would &#8220;expand production capacity.&#8221;
Throughout October, Toyota and LG Chem agreed to a $2.5 billion contract for the supply of cathode materials throughout North America.
November 22, 2022: To construct a $3 billion cathode plant for electric cars, LG Chem and the state of Tennessee inked a memorandum of agreement.
Situated near Clarksville, the new factory will be the biggest of its kind in the United States. By 2027, it is anticipated to generate 120,000 tons of cathode material yearly from its 420 acres of land. That is sufficient to run the batteries in 1.2 million electric vehicles for 498 km/310 miles between charges.
Tennessee was selected, according to LG Chem, due to its accessibility to important clients, the simplicity of transferring raw materials, and the support of regional and local authorities.
It also credits the Inflation Reduction Act (IRA) passed by the Biden administration with spurring the construction of the new factory, which will generate 850 employment.
Global clients like Tesla and General Motors will be supplied by material and recycling partners working together at Tennessee, according to LG Chem.

Ekran Resmi 2023-12-27 21.01.07

The $3 Billion EV Battery Cathode Facility Being Built by LG Chem

After Nevada state officials&#8217; confirmation, Tesla finally announced their next big factory investment at Giga Nevada today. Elon Musk&#8217;s company will invest over $3.6 billion to build Tesla&#8217;s largest EV battery cell production plant in the world.
Related Article: <a href="https://www.licarco.com/news/how-many-tesla-gigafactories">How Many Gigafactories Does Tesla Have?</a>
Giga Nevada, also known as Gigafactory 1, is somewhat of a joint venture between Japanese battery maker Panasonic and Tesla. The initial investment made in 2014. Since then, both parties spent a total of $6.2 billion to create one of the largest manufacturing sites in the United States. According to Tesla, as of today, the Giga Nevada team has successfully produced more than 7.3 billion battery cells, 1.5 million battery packs, 3.6 million drive units, and 1 million energy modules.
<img loading="lazy" decoding="async" class="alignnone wp-image-7893 size-large" src="https://api.dolubatarya.com/wp-content/uploads/2022/01/tesla-giga-nevada-2022-january-1-1024x487.jpg" alt="Tesla Giga Nevada" width="750" height="357" srcset="https://api.dolubatarya.com/wp-content/uploads/2022/01/tesla-giga-nevada-2022-january-1-1024x487.jpg 1024w, https://api.dolubatarya.com/wp-content/uploads/2022/01/tesla-giga-nevada-2022-january-1-300x143.jpg 300w, https://api.dolubatarya.com/wp-content/uploads/2022/01/tesla-giga-nevada-2022-january-1-768x365.jpg 768w, https://api.dolubatarya.com/wp-content/uploads/2022/01/tesla-giga-nevada-2022-january-1-1536x730.jpg 1536w, https://api.dolubatarya.com/wp-content/uploads/2022/01/tesla-giga-nevada-2022-january-1-1568x745.jpg 1568w, https://api.dolubatarya.com/wp-content/uploads/2022/01/tesla-giga-nevada-2022-january-1.jpg 1776w" sizes="(max-width: 750px) 100vw, 750px" />
The next phase of this investment will cost over $3.6 billion and includes a 100 GWh 4680 cell factory, as well as the first high-volume Tesla Semi factory. Tesla has been manufacturing its in-house 4680 cells at Kato Road, California for quite sometime. This new project aims to build Tesla&#8217;s largest battery cell factory. Tesla Semi production will also be ramped up. The all-electric semi truck is currently in low-volume production at Storey County facility near Giga Nevada.
<h2>Tesla&#8217;s Largest Cell Factory Will Be Based in Nevada, USA</h2>
<img loading="lazy" decoding="async" class="alignnone size-large wp-image-11102" src="https://api.dolubatarya.com/wp-content/uploads/2022/05/model-y-structural-battery-4680-1024x673.jpg" alt="" width="750" height="493" srcset="https://api.dolubatarya.com/wp-content/uploads/2022/05/model-y-structural-battery-4680-1024x673.jpg 1024w, https://api.dolubatarya.com/wp-content/uploads/2022/05/model-y-structural-battery-4680-300x197.jpg 300w, https://api.dolubatarya.com/wp-content/uploads/2022/05/model-y-structural-battery-4680-768x505.jpg 768w, https://api.dolubatarya.com/wp-content/uploads/2022/05/model-y-structural-battery-4680-1536x1009.jpg 1536w, https://api.dolubatarya.com/wp-content/uploads/2022/05/model-y-structural-battery-4680-1568x1031.jpg 1568w, https://api.dolubatarya.com/wp-content/uploads/2022/05/model-y-structural-battery-4680.jpg 2045w" sizes="(max-width: 750px) 100vw, 750px" />
Giga Nevada is capable of producing 35 GWh of battery cells annually, which is enough to manufacture around 500K electric vehicles per year. But that is way less, not even half of what Tesla needs to put into its EVs. Because of that, LG Chem and CATL, two major battery cell suppliers of Tesla, have been shipping billions of cells to Tesla factories every year.
Texas-based EV maker is finally taking this matter into its own hands. 4680 cell manufacturing process is still in the works before reaching perfection at Kato Road. The dry-coating technique that helps Tesla reduce manufacturing costs and the environmental impact of cell production is yet to be scaled up. But there is enough time to improve before starting mass production at the new factory near Giga Nevada.
The estimated capacity of this factory will be 100 GWh, a huge capacity to produce enough batteries for 2 million electric vehicles. Tesla also has plans to build separate battery cell factories in Texas and Berlin, as well. To learn more about Elon Musk&#8217;s future factory plans feel free to follow us on <a class="editor-rtfLink" href="https://www.linkedin.com/company/licarco" target="_blank" rel="noopener">Linkedin</a>, <a class="editor-rtfLink" href="https://twitter.com/licarcommunity" target="_blank" rel="noopener">Twitter</a>, and <a class="editor-rtfLink" href="https://instagram.com/licarcommunity" target="_blank" rel="noopener">Instagram</a>.

tesla-giga-nevada-2023-investment

Tesla Investing $3.6 Billion to Build 100 GWh 4680 Cell Factory and More

top-12-ev-battery-manufacturers-in-the-world

12 Largest EV Battery Manufacturers in the World

Panasonic announced a new technology breakthrough that allows more energy-dense battery cells to be produced, Reuters reported. Japanese lithium-ion battery manufacturer has kept improving its tech, as this new development will surely challenge its rivals across the Pacific. Panasonic plans to achieve a 20 percent higher energy density by implementing a new mix of additives into its NCA cells.
<a href="https://www.licarco.com/cars?filter=tesla">Tesla</a> has been challenging its battery partner for further improvements ever since they first collaborated. This new improvement will allow Tesla vehicles to offer more than 62 miles, or 100 kilometers of range, without increasing the battery weight. As of today, Panasonic can produce NCA cells that offer 750 Wh/liter volumetric and 271 Wh/kg gravimetric energy density. According to Shoichiro Watanabe, chief technology officer of the Japanese firm, their latest tech will allow battery cells to have a higher nominal voltage than 3.6-3.7V, as a result, hold 20 percent more energy. That makes energy density go above 300 Wh/kg in the next few years.
A battery pack filled with Panasonic&#8217;s latest <a href="https://www.licarco.com/news/lithium-ion-battery-cell-types-lfp-nmc-cells-explained">lithium-ion cells</a> can allow Tesla Model Y to travel up to 100 kilometers more when fully charged. The additives that Panasonic planning to use will simply help NCA (Nickel cobalt aluminum) cells to endure higher nominal voltage levels, store more electrical energy, and perform as better as the current formula.
<h2>Panasonic Will Adopt 4680 Cell Type</h2>
Panasonic will not only implement a new tech into its cells but also adopt Tesla&#8217;s famous 4680 cell design. The large cylindrical cell form will help Panasonic improve energy density even more. Tesla is currently producing 4680 NMC cells at its Kato Road and <a href="https://www.licarco.com/news/how-many-tesla-gigafactories">Giga Texas</a> plants.
4680 cells will be a part of the new structural battery pack used inside the Texas-made Tesla Model Y. Energy-dense cell design increases the rigidness of the vehicle, and reduces the overall weight by simply eliminating the need for many additional chassis parts that typical battery packs need to be attached.
Elon Musk has plans to implement this new <a href="https://www.licarco.com/news/what-is-structural-battery-ctc-ctb-ev-battery-packs-explained">structural battery pack</a> into other vehicles such as Model 3 and Cybertruck. To supply the necessary battery cells, Tesla invited numerous battery producers, including Panasonic, LG Chem, and Guoxuan High-Tech to join Tesla on its mission to larger battery cells. We will surely see 4680 cells inside battery packs more often in the near future, and the Japanese tech giant will not give up easily on its leading position as the main battery supplier of Tesla.
<iframe loading="lazy" title="Making Batteries" src="https://www.youtube.com/embed/zB8_HbrxUi8" width="885" height="498" frameborder="0" allowfullscreen="allowfullscreen"></iframe>

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Panasonic Plans To Increase Tesla Vehicles’ Range By 20 Percent With New Tech

tesla-4680-battery-cells

Lithium-ion Battery Cell Types, LFP, NMC Cells Explained

In a global market with demand surpassing 3,000GWh by 2030, lithium iron phosphate (LFP) will overtake nickel manganese cobalt (NMC) as the dominating battery chemistry by 2028. That&#8217;s according to a recent report from Wood Mackenzie Power &amp; Renewables on the lithium-ion battery manufacturing business. China&#8217;s CATL and South Korea&#8217;s LG are the highest-ranked manufacturers expected to increase its most manufacturing capability this decade. By 2030, CATL plans to have 800GWh of yearly production capacity online.
The raw materials required to make them are plentiful, low-cost, and available in practically every country. As a consequence, they are usually less expensive. Nickel prices have reached insane new highs today, exposing the pricing difference between LFP and conventional batteries even further. Increased nickel prices have already prompted automakers to boost the prices of many of the current electric vehicles on the market.
<img loading="lazy" decoding="async" class="aligncenter size-large wp-image-8703" src="https://apidb.voll-stack.de/wp-content/uploads/2022/04/0331b2ba35ff4fdeb9d18978323c65ea-1024x683.jpeg" alt="" width="750" height="500" srcset="https://api.dolubatarya.com/wp-content/uploads/2022/04/0331b2ba35ff4fdeb9d18978323c65ea-1024x683.jpeg 1024w, https://api.dolubatarya.com/wp-content/uploads/2022/04/0331b2ba35ff4fdeb9d18978323c65ea-300x200.jpeg 300w, https://api.dolubatarya.com/wp-content/uploads/2022/04/0331b2ba35ff4fdeb9d18978323c65ea-768x512.jpeg 768w, https://api.dolubatarya.com/wp-content/uploads/2022/04/0331b2ba35ff4fdeb9d18978323c65ea-1536x1024.jpeg 1536w, https://api.dolubatarya.com/wp-content/uploads/2022/04/0331b2ba35ff4fdeb9d18978323c65ea-1568x1045.jpeg 1568w, https://api.dolubatarya.com/wp-content/uploads/2022/04/0331b2ba35ff4fdeb9d18978323c65ea.jpeg 1620w" sizes="(max-width: 750px) 100vw, 750px" />
Gotion High-Tech expects to be able to begin large-scale production of an LFP battery with an energy output of 230 Wh/kg by the end of the year. Comparable battery packs with an energy density of 210 Wh/kg are already in production. In comparison, the energy density of today&#8217;s cobalt and nickel-based cells is around 250 to 270 Wh/kg. &#8220;At a certain point, ternary lithium batteries will be replaced on a wider scale in Gotion,&#8221; Gotion CEO Li Zhen said this week at the China EV100 Forum 2022. Notwithstanding to this, Gotion continues to spend money on new ternary battery tech use much less nickel and cobalt. In the coming years, it anticipates ramping up production of a semi-solid-state battery with a battery capacity of 360 Wh/kg. Volkswagen is collaborating with Gotion and stands to gain from its battery research and development initiatives.

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Is Nickel Nearing Its End As The Prominent EV Battery Cathode Material?

Fiat

Stellantis, the world’s fourth-largest automaker, plans to build a battery plant in the US. The announcement is made on Wednesday that the company will invest $4.1 billion in a new battery factory in Canada together with South Korea’s LG Energy Solution, formerly known as LG Chem.
Stellantis, the parent company of Dodge, Jeep, and Chrysler, created a joint venture with LG last year and the venture will build two planned battery factories. The first will be in Windsor, Ontario. The battery facility in Canada is expected to begin building later this year and will be launched in the first quarter of 2024.  The factory is expected to have an annual production capacity of more than 45-gigawatt hours and will create an estimated 2,500 new jobs.
The officials announced at the event on Wednesday that the second factory will be constructed in the US. Stellantis has also released that another venture with Samsung SDI will build a battery plant in North America.
<h2>A second battery factory by Stellantis somewhere in the US</h2>
<img loading="lazy" decoding="async" class="aligncenter wp-image-8558 size-large" src="https://apidb.voll-stack.de/wp-content/uploads/2022/03/lg-energy-solutions-12-march-22-taycan-1024x576.jpeg" alt="" width="750" height="422" srcset="https://api.dolubatarya.com/wp-content/uploads/2022/03/lg-energy-solutions-12-march-22-taycan-1024x576.jpeg 1024w, https://api.dolubatarya.com/wp-content/uploads/2022/03/lg-energy-solutions-12-march-22-taycan-300x169.jpeg 300w, https://api.dolubatarya.com/wp-content/uploads/2022/03/lg-energy-solutions-12-march-22-taycan-768x432.jpeg 768w, https://api.dolubatarya.com/wp-content/uploads/2022/03/lg-energy-solutions-12-march-22-taycan-1536x864.jpeg 1536w, https://api.dolubatarya.com/wp-content/uploads/2022/03/lg-energy-solutions-12-march-22-taycan-2048x1152.jpeg 2048w, https://api.dolubatarya.com/wp-content/uploads/2022/03/lg-energy-solutions-12-march-22-taycan-1568x882.jpeg 1568w" sizes="(max-width: 750px) 100vw, 750px" />
Stellantis has stated that it targets to sell 5 million electric vehicles by 2030. The company has announced a detailed electrification plan in 2021 to produce EV versions of its existing cars, including Dodge Ram 1500 and multiple Jeep models.  The fourth-largest automaker has also shown the plans Chrysler Airflow concept.
While the auto industry is getting electrified day by day, battery producing capacity is also growing. Almost every major automaker globally has announced battery factory plans, including allocating billions to the production of batteries which are the most critical component for their vehicles.
Ford Company has three new battery plants that will have 129 GWh capacity per year whereas General Motors with LG Energy Solutions plans to build four new battery factories with a total annual capacity of 140GWh. Volkswagen is also aiming to have six battery cell production plants operating in Europe by 2030 for a total of 240GWh a year.
Stellantis have an objective of having a capacity of 45 gigawatt-hours (GWh) per year with the new Windsor factory while the latest battery plant plans in the US will contribute to the company’s battery production capacity.
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Stellantis, LG Energy Solution to invest $4.1 billion in Canadian battery plant

Ssangyong

South Korean car manufacturer Ssangyong sold for $255 million to a local consortium led by EV maker Edison Motors. The firm will focus on electric vehicles from now on.
Edison Motors has officially acquired the financially troubled Ssangyong. Mahindra&amp;Mahindra, the leading stakeholder of Korean SUV manufacturer, decided to sell %75 of its stake in June 2020, and Ssangyong has applied for bankruptcy in December 2020.
After the Korean bankruptcy court’s approval, a consortium led by Edison Motors will pay about $255 million for the %95 of the Ssangyong. Edison Motors, a leading EV firm in Korea, plans to introduce 20 new electric cars until 2025 and 10 more until 2030 to the global automobile market.
Edison Motors is currently manufacturing only commercial electric vehicles and it is predicted that the company will invest about $850 million in the electrification of Ssangyong. Also, it is reported that the transformation plan by Edison will be detailed by March 1. The firm has plans to enter into the passenger EV market and to challenge Tesla with two high-powered EVs known as Smart S and Smart X.
Ssangyong has been trying to overcome its economic problems for many years. The Korean SUV manufacturer company was about to go bankrupt in 2011 but Mahindra &amp; Mahindra had saved the Ssangyong with its major investments. However, global sales did not meet the expectations and M&amp;M has called off all future investments in April 2020, two months before the decision of selling its shares.
<h2>Ssangyong Korando e-Motion EV will be on sale</h2>
<img loading="lazy" decoding="async" class="aligncenter wp-image-7755 size-large" src="https://apidb.voll-stack.de/wp-content/uploads/2022/01/SsangYong-Korando-e-Motion-front-three-quarter-right-side-1024x558.jpg" alt="" width="750" height="409" srcset="https://api.dolubatarya.com/wp-content/uploads/2022/01/SsangYong-Korando-e-Motion-front-three-quarter-right-side-1024x558.jpg 1024w, https://api.dolubatarya.com/wp-content/uploads/2022/01/SsangYong-Korando-e-Motion-front-three-quarter-right-side-300x164.jpg 300w, https://api.dolubatarya.com/wp-content/uploads/2022/01/SsangYong-Korando-e-Motion-front-three-quarter-right-side-768x419.jpg 768w, https://api.dolubatarya.com/wp-content/uploads/2022/01/SsangYong-Korando-e-Motion-front-three-quarter-right-side.jpg 1240w" sizes="(max-width: 750px) 100vw, 750px" />
Despite its debts, Ssangyong has begun the production of its first electric vehicle, Ssangyong Korando e-Motion last year. After handling the financial and organizational problems of the firm, this model will be introduced to European customers. Although the export of this EV to Europe has started months ago, the official launch was postponed due to the troubles in cash flow.
The EV Korando e-Motion has a 61.5-kWh LG Chem battery, 190 horsepower, and 360 Nm of torque. This electric SUV, which can be driven 339 km on a single charge, has a price tag of €36,000 in Spain. The first deliveries will be completed in the next months.
It is reported that Ssangyong will launch a new model in 2022, as well. The firm is also currently developing another EV, a big SUV codenamed as J100. The official launch date is still unclear due to its bankruptcy process and its acquisition, however, Edison Motors guaranteed that the acquisition process will be smooth and maximum efforts will be made in order to deliver the maximum number of electric car deliveries to the customers as soon as possible.

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