A new battery recycling facility will deepen Kentucky’s ties to the electric vehicle sector, ET Auto

The recycling facility will disassemble and shred about 24,000 metric tons of used EV batteries and gigafactory scrap per year – or approximately 56,000 EV batteries yearly, the company said. A recycling facility will be built in Kentucky to shred electric vehicle batteries in a USD 65 million venture between American and South Korean companies…

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Toyota recasts hybrids without charge ports as “hybrid EVs”

Hybrid cars have combustion engines but, unless they are plug-in hybrids, not EV charge ports. A new Toyota marketing campaign appears to downplay the difference. Announced Monday, the new “Electrified Diversified” campaign emphasizes the variety of options available from Toyota, encompassing battery-electric, hydrogen fuel-cell, plug-in hybrid, and hybrid powertrains. In an accompanying press release, Toyota…

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First funding tranche for Verkor battery gigafactory near complete, ET Auto

Verkor has already raised around 350 million euros, mainly for a new innovation centre, a pilot production line already in operation and a “battery school” to train future employees. Verkor should complete the first tranche of fundraising for its future battery gigafactory in Dunkirk, France, in the coming weeks, co-founder and chief customer officer Philippe…

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