🌋World’s Largest Lithium Deposit Found…

$752M investment for all-electric MINI production in the UK, Lotus’ first hyper-GT the Emeya has been unveiled, the largest overnight EV charging network with the hospitality industry is coming to 2K Hilton hotels with up to 20K Tesla universal wall connectors, Honda to adopt NACS for EV models, and the discovery of a volcano could power electric cars. The EV news in 5 minutes or less.

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Unveiled in New York City, Emeya marks a significant leap in electric vehicle innovation for a luxury car manufacturer, combining advanced aerodynamics, precise handling, fast charging capabilities, sustainable materials, and an immersive audio system, positioning it as Lotus' flagship model in their electric vehicle lineup with production slated for 2024.
BMW has announced a substantial investment of over $752 million in the MINI factories at Oxford and Swindon, positioning the Oxford plant to produce two new all-electric MINI models in 2026 and committing to exclusive electric vehicle production by 2030.
Beginning in early 2024, Hilton plans to install up to 20,000 Tesla Universal Wall Connectors at 2,000 hotels in the U.S., Canada, and Mexico, creating the largest EV charging network among hospitality companies and offering convenient charging access for travelers with electric vehicles.
Scientists have found the world's largest lithium deposit within an extinct volcano in the United States, located in the McDermitt caldera on the border of Nevada and Oregon. It potentially holds up to 120 million metric tons of lithium, which could significantly impact global lithium supply dynamics and help meet the growing demand for lithium-ion batteries in devices and electric vehicles.
Honda has agreed to adopt Tesla's North American Charging Standard for the charging port of its EV models in North America starting in 2025.
Tesla has made Autosteer on city streets available as part of its Full Self-Driving Capability suite in the United States and Canada, indicating growing confidence in its semi-autonomous driving technology.
The UK's request to delay tariffs is being supported by Germany on electric vehicle sales between the UK and the EU for three years, as the industry has warned that the measure would have negative consequences.
Electric road projects, which enable wireless charging of electric vehicles while driving, are emerging globally as a solution to supplement static charging infrastructure and address consumers' concerns about the lack of EV charging options, with companies like Electreon involved in pilot projects in various countries, including the U.S., Sweden, Norway, and Italy, aiming to cater to different types of vehicles, including buses, vans, passenger cars, and trucks.
Leading battery manufacturer, Gotion, has chosen Illinois as the location for its new $2 billion electric vehicle lithium battery manufacturing plant, bolstered by incentives, to produce 10 GWh of lithium-ion battery packs and 40 GWh of lithium-ion battery cells beginning in 2024, marking a significant step forward in the state's EV ecosystem and supply chain, creating 2,600 jobs.
Partnering with Tyson Foods, Gatik will deploy a fleet of Class 7, autonomous, refrigerated, box trucks to operate 18 hours a day, transporting products between Tyson's distribution and storage facilities in Arkansas.