New York (CNN Business)General Motors and LG plan to build a new $2.3 billion plant to build batteries for electric vehicles, a key step toward the US automaker's goal of an all-electric future.

The new plant, GM's second EV battery operation with LG, will be adjacent to the automaker's Spring Hill assembly plant in Tennessee, where it announced last fall a $2 billion investment to build electric vehicles.

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(CNN)Audi revealed its new Q4 E-Tron electric SUV Wednesday -- the company's cheapest electric model, with a starting price of $45,000.

With US federal electric vehicle tax credits, that means it should effectively cost $37,500 in its least expensive version. That's slightly less than a Tesla Model 3 sedan and much less than a Tesla Model Y SUV. (Tesla vehicles are not currently eligible for federal tax credits.) While there are more luxury electric crossovers entering the market few, so far, cost nearly as little as the Q4, which is priced similarly to the Ford...Read More

A leader in the fuel cell vehicle space since the beginning, offering the first fuel cell electric vehicles (FCEVs) in the US, Honda has long believed in hydrogen as a clean fuel and its role in a carbon free future.

Whilst the company has had a foot in the hydrogen market for many years now, its boom moment arguably hit in December 2016 with the launch of its Honda Clarity Fuel Cell – a landmark moment for both Honda and the FCEV market.

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(Reuters) - General Motors Co is testing a variety of battery chemistries, technologies and manufacturing processes aimed at slashing the cost of future electric vehicle batteries and reducing its dependence on such price-sensitive metals as cobalt, President Mark Reuss said on Wednesday.

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