General Motors expects to pioneer a new “groundbreaking” EV battery technology that the automaker says will reduce costs and boost profitability of its largest electric SUVs and trucks.

Panasonic Holdings Corp.’s decision not to rush into expanding capacity to build batteries has been validated by slower global demand for electric vehicles, Chief Executive Officer Yuki Kusumi said.

The Chinese battery giant is planning to raise as much as US$4.0 billion in the year’s biggest listing in Hong Kong.

Honda’s CA$15 billion commitment was touted by former Prime Minister Justin Trudeau as the “largest auto investment in Canada’s history.” It was to include a battery plant with an annual capacity of 36 GWh while an EV assembly plant would have been able to build as many as 240,000 vehicles per year from 2028.

As it scrambles to turn things around, Nissan is scrapping plans to build a new LFP battery plant in Japan. The facility was expected to be key to reducing EV battery costs to keep up with leaders like BYD. With alarm bells ringing, Nissan is preparing to cut 20,000 jobs, or about 15% of its global workforce.

After disappearing from American shores a couple of years ago, the Toyota CH-R is making a comeback for the 2026 model year. While it’s conceptually similar to the original as a compact SUV coupe it marks a notable expansion of Toyota’s foray in electric vehicles and it should be far more entertaining to drive than the previous iteration.

The cell, called lithium manganese-rich, or LMR, is expected on the market by 2028 starting with pickups and full-size SUVs. It also will be the first commercial application of prismatic EV battery cells by Ultium Cells LLC, the companies’ joint venture.

GM will use the new battery cells in future electric trucks and full-size SUVs. By integrating the new battery cells, the company aims to offer over 400 miles of range, but with “significant battery cost savings” compared to its current high-nickel pack.

Overall, Toyota is making major changes to its small electric SUV, from its name to its most important performance specs. Increased horsepower can give the EV better driving dynamics.

From different battery tech pitted against each other to a drop in Tesla’s China deliveries, here are seven EV stories you may have missed.