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Production

2021 Escalade Gets Giant OLED Display

If big screen picture quality is your thing, then the 2021 Cadillac Escalade may be the ultimate living room on wheels.

Production

GM Loans Lordstown Plant Buyer $40 Million

General Motors has extended an open-ended, mortgage-like $40 million loan to the buyer of its sprawling auto plant in Lordstown, Ohio. The deal includes an option for GM to buy back the entire facility.

Business

GM, LG Chem Form Battery JV in Ohio

General Motors Co. and LG Chem Ltd. are forming a 50:50 joint venture to produce battery cells for electrified vehicles in Ohio.

Production

Northvolt Doubles EV Battery Capacity Target

Swedish electric car battery maker Northvolt AB now aims to launch 150 gigawatt-hours of production capacity in Europe by 2030, more than twice its previous goal.

Batteries

Tesla in Tentative Battery Supply Deal with CATL

Tesla has completed a non-binding deal to buy batteries for electric cars it makes in China from the country’s CATL (Contemporary Amperex Technology Co. Ltd.).

Mobility

LG Touts 5G Module

LG Group’s Innotek unit has developed the first 5G automotive module using Qualcomm Inc.’s Snapdragon 5G chip.

Business

Porsche in Talks with CATL on EV Batteries

Volkswagen AG’s Porsche unit has met several times with Contemporary Amperex Technology Ltd. about the Chinese company supplying lithium-ion batteries for future electric vehicles.

LG Innotek Touts Improved LED Tech

LG Group’s Innotek unit says it has developed a high-definition LED technology that can increase light dispersion from 100° to 180° when mounted on daytime running lamps or taillights.

Business

Report: VW to Invest in China Supply Base

Volkswagen AG is looking at ways to strengthen its supply base in China through joint ventures or equity stakes, sources tell Bloomberg News.

Business

Tesla to Use LG Chem Batteries in China?

Tesla Inc.’s new electric vehicle plant in China reportedly will buy batteries from multiple suppliers, starting with South Korea’s LG Chem Ltd.

Production

LG Chem Mulls 2nd U.S. Battery Plant

South Korea’s LG Chem Ltd. is considering building a second battery manufacturing plant in the U.S. to meet growing demand for electrified vehicles.

Propulsion

VW Says Its EV Battery Needs Are Secured through 2023

Volkswagen AG says it has lined up sufficient supplies of batteries for its electric vehicles for the next four years.

Propulsion

PSA to Make EV Batteries in Slovakia, Spain

PSA Group says it is preparing to assemble batteries for its plugin hybrid and all electric cars in Trnava, Slovakia, and Vigo, Spain

Propulsion

Mahindra to Hike EV Capacity Nearly Fivefold

Mahindra & Mahindra Ltd. says it will invest 10 billion rupees ($144 million) over three years to hike its annual capacity to make electric cars to 70,000 units from the current 15,000 vehicles.

Propulsion

Report: VW, Samsung Reassess Battery Deal

Volkswagen AG may revise its €50 billion ($56 billion) battery sourcing strategy for electrified vehicles because Samsung Electronics Co. can’t meet demand forecasts, sources tell Bloomberg News.

Hybrid

Volvo Signs $56 Billion Deals to Buy EV Batteries

Volvo Car Corp. has signed deals worth an estimated €50 billion ($56 billion) to buy batteries for its electric cars from two Asian suppliers between now and 2025.

Propulsion

VW to Launch Battery Cell Production in Germany

Volkswagen AG says it will begin making battery cells in Salzgitter, Germany, on a pilot basis by the end of 2019.

Propulsion

LG Chem Files U.S. Lawsuits Against Rival SK Innovation

South Korea’s LG Chem Ltd. and its U.S. manufacturing subsidiary have filed a pair of lawsuits claiming that rival battery maker SK Innovation Ltd. stole trade secrets related to LG’s lithium-ion battery technology.

Labor

BMW to Source Cobalt Directly from Approved Mines

BMW AG plans to buy cobalt, which is used in lithium-ion batteries for electrified vehicles, directly from mines to ensure child labor isn’t used during the mining process.

Business

VW Joins Blockchain Group for Sustainable EV Materials

Volkswagen AG has joined a consortium that will use blockchain technology to trace and validate “ethically sourced” minerals, including those used in lithium-ion batteries for electrified vehicles.

Car/Ride Sharing

VW Partners with Trustonic on Digital Key Tech

Volkswagen AG is partnering with U.K.-based Trustonic Ltd. on a digital key technology that allows users to unlock/lock and start their vehicle via a smartphone app without having a physical key.

Batteries

Daimler Expects to Buy €20 Billion Worth of Battery Cells

Daimler AG says it intends to buy more than €20 billion ($22.6 billion) worth of battery cells between now and 2030 to power its future electrified vehicles.

Propulsion

Renault-Nissan-Mitsubishi Invests in Battery Tech Startup

The Renault-Nissan-Mitsubishi alliance has made an unspecified investment in Enevate Corp., an Irvine, Calif.-based startup specializing in next-generation lithium-ion batteries for electrified vehicles.

Propulsion

VW May Join German EV Battery Consortium

On Friday Volkswagen AG’s supervisory board will discuss whether the carmaker should join a German consortium that is mulling European production of battery cells for electric cars, Reuters reports.