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BMW and Toyota to Jointly Research Lithium Ion Batteries
BMW Group and Toyota Motor Corporation (TMC) announced today a memorandum of understanding (MOU) where the companies will research together the next-generation lithium-ion battery technologies. It is the latest example of automakers trying to decrease the astronomical cost of developing more efficient vehicles mandated by increasing stringent fuel economy or CO2 regulations. Continue reading
Posted in alternative fuels, auto news, electric vehicles, environment, news, news analysis, transportation
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, batteries, BMW, bmw toyota collaboration, bmw toyota research, electric vehicles, EVs, Ken Zino, lithium ion battery, toyota, zino
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UAW Blasts Biden and Inflation Reduction Act
“The so called 45X program alone will cost taxpayers more than $200 billion in the next decade, far more than the $31 billion estimated by Congress’s Joint Committee on Taxation. On top of 45X and other federal incentives, factories manufacturing electric vehicles and batteries have also been promised well over $13 billion in state and local economic development incentives in just the past 18 months,” the UAW said. Continue reading →