BMW announced plans to invest $1.7 billion into US electric vehicle manufacturing, with the bulk of the sum being allocated for EV production at the BMW NA plant in Spartanburg, SC.
The automaker announced a partnership with Envision AESC, which will build a cell factory in South Carolina, as well, which will supply the automaker with the parts it needs for future EVs. BMW said in a press release that the plant’s annual capacity will be around 30 gigawatt-hours. This is in addition to four other battery factories that will be built in Europe and China, to supply vehicles built for those markets.
The Honda e-bike promises to bring innovation and expertise from its motorcycle business to the burgeoning electric bicycle sector.
Kia has announced its intention to adopt Tesla’s North American Charging Standard (NACS) in the fourth quarter of 2024.
Cario announced the launch of its blockchain-based platform, designed to fix the way vehicle title transfers is done.
Texas has given the green light to a controversial plan that mandates the inclusion of Tesla NACS technology in EV charging stations.