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Toyota to set up wholly owned EV, battery unit
Japan's Toyota announces EV and battery push in China and U.S., as its quarterly profit surges
Toyota is developing and making electric vehicles and EV batteries in China, the Japanese automaker said Wednesday, under a new partnership with the Shanghai government. Toyota Motor Corp. also announced it will start producing batteries for EVs,
Toyota’s first EV battery plant in the US is ready for business, but there’s more
After releasing Q3 earnings on Wednesday, the company announced that the Toyota Battery Manufacturing North Carolina (TBMNC) plant had finished preparations. Toyota said the facility “is ready to begin production and will start shipping batteries for North American electrified vehicles in April.”
Toyota to set up wholly owned EV, battery unit in China
Toyota Motor will establish a wholly owned company in Shanghai to develop and produce electric vehicles and batteries for the Lexus brand, with production set to start in 2027, the world's top-selling automaker said on Wednesday.
Ford projects mounting EV losses for 2025
Ford projects mounting EV losses for 2025, Q4 profit up
The automaker forecast overall profitability for 2025, but even that was lower than in 2024. For the fourth quarter, it reported a net profit of $1.8 billion, up from a loss of $500 million in the year-ago quarter as pension-related costs weighed on results.
Ford expects to rack up EV losses of up to $5.5B in 2025, sending shares skidding
Ford Motor on Wednesday projected up to $5.5 billion in losses on its electric vehicle and software operations this year, a loss similar to last year and a sign of the severe difficulties in cutting costs on battery-powered models.
Ford beat Q4 2024 earnings expectations, but its EV losses continue to pile up
Ford (NYSE: F) released its fourth-quarter earnings report after the market closed on Wednesday, beating top and bottom line
9h
on MSN
Bay Area researchers discover longer battery life in EVs, meaning more miles for drivers
We have a look under the hood at a study that's generated a lot of buzz for people considering an electric vehicle. Bay Area ...
2d
12 Best EV Battery Stocks to Buy in 2025
EV Magazine highlighted that The Promoting Resilient Supply Chains Act remains critical for strengthening the EV supply chain ...
Tech Xplore on MSN
1d
Experts offer recommendations for EV battery recycling problem
Recyclers, battery manufacturers, and electric vehicle manufacturers must work together to revolutionize lithium-ion battery ...
13h
Benchmark Mineral Intelligence EV Battery Metal Prices
Battery / EV Metals Price BMI Lithium Carbonate, EXW China, >=99.2% Li2CO3 10,700 BMI Lithium Hydroxide, EXW China, >=56.5% LiOH 9,625 BMI Cobalt Sulphate, EXW China, >20.5% Co 3,554 BMI Nickel ...
2d
on MSN
Is BYD Company Limited (BYDDY) the Best EV Battery Stock to Buy in 2025?
We recently published a list of 12 Best EV Battery Stocks to Buy in 2025. In this article, we are going to take a look at ...
Science Daily
1d
Partnership working key to unlocking EV battery recycling problem
Recyclers, battery manufacturers, and electric vehicle manufacturers must work together to revolutionize lithium-ion battery (LIB) recycling processes to meet ever-growing demand for electric vehicles ...
Hosted on MSN
1d
U Power, SAIC Motor-CP partner to advance EV battery-swapping in Thailand
The firms will develop a network of swapping stations and operating systems, with initial focus on taxi and ride-hailing ...
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