AD #3854 - LG Halts Battery Plant Construction for GM; Not Enough Lithium? No, There’s Too Much; Xiaomi Wants Nurburgring Record for EVs
About this episode
LG Energy Solution delays its Michigan battery plant construction with GM due to slower demand, while Stellantis progresses on its Canadian battery facility. BMW and other German luxury brands are raising prices in China amid declining sales. India’s car market shows potential for massive growth by 2047. Chinese EV startup Jomi aims to break the Nurburgring lap record with a powerful new electric SUV prototype. Tesla uses software options to help buyers qualify for federal EV tax credits, and lithium prices have dropped sharply due to oversupply. Rivian repurposes an old gas station into a solar-powered EV charging hub, and Ford extends the deadline for free Tesla charging adapters.
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