Envision AESC was one of the industry's first EV battery producers. Now it's committing $2 billion to boost its U.S. market presence.
The brand is banking on its awd off-road cred to set its new Solterra EV apart from Tesla and other rivals as it tiptoes into electric vehicles.
The 2023 Toyota bZ4X will have a lower sticker price than the 2023 Subaru Solterra, but Subaru still has almost all of its $7,500 federal tax credits for customers to use.
Automakers and battery companies are spending unprecedented sums of money as they build out North America's EV supply chain.