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Top related persons:
Shivansh - 2 Akhtar Soomro - 1 LGES - 1 Shilpi Majumdar - 1 Cynthia Osterman - 1 Jim Farley - 1 Farley - 1 EVs - 1
Top related locs:
Bengaluru Karachi Pakistan KS U.S Michigan Lansing , Michigan North Carolina
Top related orgs:
Thomson - 2 Toyota - 1 Toyota Society Motors - 1 REUTERS - 1 LG Energy - 1 General Motors - 1 Hyundai - 1 Honda - 1

Search resuls for: "Shivansh Tiwary Paul Lienert"


2 mentions found


☆ LGES to supply Toyota with batteries, invest $3 billion in US plant
  + stars: | 2023-10-04 | by ( Shivansh Tiwary Paul Lienert | Shivansh Tiwary | Paul Lienert | ) www.reuters.com   time to read: +1 min
Toyota logo is seen at a Toyota Society Motors showroom in Karachi, Pakistan, July 27, 2022. LGES will invest $3 billion in its Michigan battery facility to supply Toyota exclusively. LGES also is a partner with General Motors (GM.N) in the Ultium battery joint venture, which is building a separate $2.1 billion plant in Lansing, Michigan to supply GM's electric vehicles. LGES will supply Toyota with 20 gigawatt-hours of high-nickel NCMA battery modules annually from the South Korean company's Michigan facility. The battery maker will establish new production lines in Michigan for pouch-type battery cells and modules for Toyota.
Persons: Akhtar Soomro, LGES, Shivansh, Shilpi Majumdar, Cynthia Osterman Organizations: Toyota, Toyota Society Motors, REUTERS, LG Energy, General Motors, Hyundai, Honda, Panasonic, Prime Planet Energy & Solutions, Korean company's, Thomson Locations: Karachi, Pakistan, KS, U.S, Michigan, Lansing , Michigan, North Carolina, Korean company's Michigan, Bengaluru
☆ Ford CEO says EV cost parity may not come until after 2030
  + stars: | 2023-05-31 | by ( Shivansh Tiwary Paul Lienert | Shivansh Tiwary | Paul Lienert | ) www.reuters.com   time to read: +2 min
May 31 (Reuters) - Electric vehicles may not reach cost parity with internal combustion engine vehicles until after 2030, Ford (F.N) Chief Executive Jim Farley said on Wednesday. He also predicted lower distribution costs from selling EVs online, as well as higher revenue from new software-driven digital services. Farley said Ford's software services business now has 600,000 subscribers, triple the number of a year ago. As the company expands its ability to harvest data from vehicles and drivers, offering insurance could be "a natural for Ford," he said. "Cooperation is essential," he said, especially for companies that may not have the resources to build out a full EV ecosystem.
Persons: Jim Farley, Farley, EVs, Shivansh, Paul Lienert, Kirsten Donovan Organizations: Ford, ICE, Ford Pro, EV, Thomson Locations: Bengaluru, Detroit
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