Report: GM plans more Michigan EV assembly, battery plant

2022 Chevrolet Bolt EUV and EV production startsGeneral Motors plans to invest $6.5 billion at two Michigan sites for EV assembly and battery production, Automotive News (subscription required) reported Friday. The investment includes a new battery plant in Lansing, Michigan, that would be part of the Ultium Cells LLC joint venture with battery supplier LG Energy Solution, according to the…
Source: Hybrid and Electric Car News and Reviews

New Fiido T1 electric cargo bike copies a famous e-bike, yet adds several key upgrades

Fiido has just quietly launched the brand’s latest electric bicycle, known as the Fiido T1 electric cargo bike. And for anyone paying attention to the electric bike industry, you’ll likely know exactly which e-bike it is based on.

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The post New Fiido T1 electric cargo bike copies a famous e-bike, yet adds several key upgrades appeared first on Electrek.


Source: Charge Forward

January EV Deals, Ioniq 5, Niro, Mustang Mach-E, and more

The average transaction price for a new entry-level vehicle is now at $43,072. That’s over $900 above MSRP, according to a recent report by KBB. Even worse, the average transaction price for a new electric vehicle has risen by 18.6% over the past year, nearly 5% more than the industry average. As such, we are highlighting EVs found during our survey of electric vehicle lease deals and discounts with dealer inventory that seem to be adequately supporting demand, thereby increasing your chances of negotiating a fair deal.

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The post January EV Deals, Ioniq 5, Niro, Mustang Mach-E, and more appeared first on Electrek.


Source: Charge Forward