Northvolt, a Swedish battery firm, has filed for Chapter 11 bankruptcy in the U.S., aiming to restructure amidst operational hurdles and a $5.8 billion debt. Despite setbacks, including missed production targets and layoffs, Northvolt has secured $245 million in new funding to maintain operations while negotiating further financial support. Critics cite overexpansion and market uncertainties as key challenges.

Hyundai is recalling 145,235 electrified vehicles in the U.S., including the Ioniq 5 and G80, due to a defect in the integrated charging control unit, risking loss of drive power. Affected owners will be notified starting December 2024, with repairs provided at no cost, though no crashes or injuries have been reported.

Graphene Manufacturing Group unveils SUPER G, a graphene slurry enhancing lithium-ion battery performance, aimed at electric vehicles. Developed over three years, SUPER G shows improved energy density and charge rates, confirmed by an Oxford study.

The shift to electric vehicles is driving innovations in HVAC systems, crucial for passenger comfort and energy efficiency. New technologies, like scroll compressors and heat pumps, enhance battery management and vehicle performance, especially in cold climates.

Electric vehicles, crucial for emission reductions, hit 14 million sales in 2023, capturing nearly 20% of the market. Automakers face sustainability challenges with rare earth elements and copper in EV motors, prompting a shift towards alternative materials and recycling efforts.

The tire industry, valued over $200 billion, is poised for innovation as EVs demand more durable, eco-friendly solutions. Companies like Continental explore advanced materials and bio-based options to meet these needs.

Tesla's updated Trip Planner, featuring the 'Arrival State of Charge' function, aims to optimize charging stops, preventing low charge levels at remote destinations. Additionally, Tesla introduces Autopark in the UK and Europe, alongside updates enabling Smart Summon under strict regulations, while enhancing Supercharger feedback and Trip Planner accuracy.

China's gasoline consumption is declining due to surging EV sales and economic shifts, says the EIA. This trend highlights the global move towards peak oil demand and a more electric future.

BYD celebrates a landmark achievement as the first automaker to reach 10 million plug-in vehicle sales, underscoring its dominance over Tesla in the global EV market. While BYD's sales soared by 36.5% this year, US automakers lag, allowing Chinese rivals like NIO and XPENG to capture more market share.

Tesla's Supercharger network, the largest in the U.S., is now accessible to non-Tesla EVs, marking a pivotal change from its previous exclusivity. This move, following collaborations with major automakers, aims to alleviate charging anxiety by boosting charger availability, though it may lead to congestion challenges.

Tesla unveiled the Giga Small Haus at Giga Berlin, a solar-powered home demonstrating energy independence via Powerwall 3. This initiative underscores Tesla's dedication to sustainable solutions and includes a new Acceleration Boost for the Model 3 Long Range, enhancing performance without needing a higher-priced model.

The Biden administration's push for electric vehicles has led automakers to invest $146 billion in EV technology, yet profits remain elusive. As Chinese companies gain ground, U.S. automakers urge President-elect Trump to maintain Biden-era regulations, despite Elon Musk's call to end subsidies like the $7,500 EV tax credit.

California is set to debut its first wireless charging roadway at UCLA, enabled by a state grant to boost electric transit. This project includes a transit hub linking UCLA's bus depot with the new Metro D Line extension, enhancing connectivity across Los Angeles.

Tesla's European sales surged by 11.6% in September and October 2024, boosting its stock by 4.32% today amid rising EV demand. Despite strong indicators, Tesla is "Significantly Overvalued" with a P/E ratio near two-year highs.

Hyundai is set to release the Ioniq 9, its largest electric SUV, in early 2025, featuring a 335-mile range and three rows of seats. The SUV will include multiple powertrain options, advanced safety features, and eco-friendly materials.

Honda is set to double its EV range by the late 2020s with new all-solid-state batteries, starting a demo production line in Sakura City, Japan, by January 2025. This move aims to cut battery size, weight, and cost significantly, enhancing EV affordability and market appeal.

Tesla unveils its Cybercab, an autonomous taxi prototype, across major European cities from November 22 to December 8, 2024. Despite regulatory hurdles, Tesla plans mass production starting 2026, targeting a sub-$30,000 price.

The 2026 Kia EV9 GT debuts with dual motors delivering 501 horsepower, accelerating from zero to 60 mph in 4.3 seconds. Set for release in late 2025, it features cutting-edge tech and luxury touches, like a Tesla-compatible NACS port and Digital Key 2.0.

Kia reveals the 2025 EV6 facelift at the LA Auto Show, featuring a new Tesla-compatible charging port and enhanced battery options for improved range. The refreshed model, set for U.S. production, aligns with domestic EV manufacturing goals despite potential tax credit uncertainties.