EV batteries

China secured more than half of the world’s electric vehicle battery usage in 2021, maintaining its lead in the fast-growing market, data from South Korea research firm SNE Research showed. What Happened:  China’s electric vehicle battery usage more than doubled last year to reach...

Tesla Inc (NASDAQ: TSLA) co-founder JB Straubel said his battery recycling venture Redwood Materials is not profitable yet, the Associated Press reported on Sunday. What Happened: Straubel, who launched the battery recycling startup in 2017 — nearly two years before...

Tesla Inc (NASDAQ: TSLA) and General Motors Corp (NYSE: GM) South Korean battery supplier LG Energy’s shares jumped higher on its trading debut following a blockbuster initial public offering and the country’s biggest on record, Reuters reported. What Happened: Shares of the company...

It's said that a deficit in graphite and nickel could thwart EV production post-2022. Contrary to popular belief, North American companies already have the power to begin domestic battery production, mining and processing essential minerals on U.S. and Canadian soil. Genuinely ESG-friendly...

Some Korean suppliers have reportedly created Apple Car task forces after meeting with Apple Inc (NASDAQ: AAPL) last month. What Happened: The focus of Apple’s Korean visit seems to be batteries for the rumored electric vehicle.  The Tim Cook-led company is reportedly working on custom-...

Tesla Inc (NASDAQ: TSLA) and Nio Inc’s (NYSE: NIO) battery supplier CATL continued to grab a lion’s share of the Chinese power battery market last year, cnEVpost reported T, citing China Automotive Battery Innovation Alliance (CABIA). What Happened: China’s largest battery...

Li-Metal Corp (CSE: LIM) said on Thursday it has produced the first batch of lithium anode product at its just-commissioned anode pilot plant in Rochester, New York, and reiterated plans to reach commercial-scale production by 2025.  What Happened: The Toronto, Canada-based company said the...

Tesla Inc (NASDAQ: TSLA) has agreed to buy nickel supplies from Talon Metals Corp’s (OTC: TLOFF) Tamarack mines in central Minnesota, a first such U.S.-based nickel supply deal for the Elon Musk-led company. What Happened: Tesla will secure 75,000 metric tons of nickel concentrates from...

At least five electric vehicle battery startups would be acquired in 2022 by larger companies, a year that could also see energy storage startups raise $5 billion in private investments, according to the latest report by BatteryBits, put together by a team of 40 experts from 34 organizations...

Tesla Inc’s (NASDAQ: TSLA) quality head Bruce Watson has moved to JB Straubel’s battery recycling startup Redwood Materials in a similar role.  What Happened: Watson, who spent four years at Tesla, announced the move in a LinkedIn post on Tuesday and said he has joined...

Electric automakers seeking batteries with longer range should work closely with lithium producers to ensure guaranteed supply of a specialised white metal, executives from Albemarle Corp (NYSE: ALB) and Livent Corp (NYSE: LTHM) told Reuters.  What Happened: The steps include signing long-term...

Volkswagen Group (OTC: VWAGY) is offering ID. electric vehicle buyers in China an option to rent out the battery to bring down ownership cost as the German automaker looks to compete with Tesla Inc (NASDAQ: TSLA) and homegrown rivals including Nio Inc (NYSE: NIO) in the world’s largest auto...

FREYR Battery SA (NYSE: FREY) has a unique combination of geographic and technological advantages to commercialize renewable batteries at scale, according to Morgan Stanley. The FREYR Analyst: Morgan Stanley analyst Adam Jonas has rated the stock “Overweight” and assigned a 12-...

Tesla Inc (NASDAQ: TSLA) is in talks for making a battery production investment in Canada’s largest province Quebec, Electrek reported Monday, citing Le Journal de Montreal. What Happened: Quebec is investing heavily to extract minerals that go into the making of electric vehicle...

Warren Buffett-backed automaker BYD Co (OTC: BYDDF) has secured an initial 10 GWh order for LFP battery cells from Tesla Inc (NASDAQ: TSLA), cnEVpost reported on Thursday, citing local media. What Happened: Currently, China’s CATL — also the world’s largest electric vehicle...