-
This Tesla Battery Supplier Will Build A $4B Plant In Kansas: Why It's Important For Elon Musk's Company
Thursday, July 14, 2022 - 1:49am | 517Tesla, Inc. (NASDAQ: TSLA) battery supplier Panasonic Holdings Corp's (OTC: PCRFY) subsidiary has zeroed in on the U.S. state of Kansas as the site to build its second U.S. lithium-ion battery manufacturing plant. What Happened: The midwestern state of Kansas, known as America's...
-
Volkswagen Says US Could Face Many Challenges To Ramp Up EV Battery Output
Friday, June 17, 2022 - 1:46am | 427Volkswagen Group’s (OTC: VWAGY) U.S. CEO Scott Keogh has warned America could face key challenges to ramp up battery production plans to meet the demand for electric vehicles, Reuters reported, citing the executive. What Happened: Keogh said the U.S. could face...
-
Tesla Battery Supplier CATL Said To Actively Explore Sites For US Manufacturing Plants
Friday, May 6, 2022 - 3:51am | 407Tesla, Inc. (NASDAQ: TSLA) battery supplier CATL is reportedly considering setting up manufacturing plants in the United States. What Happened: Ningde, China-based CATL is in the final stages of evaluating sites for constructing battery manufacturing plants in the U.S.,...
-
Tesla Battery Supplier CATL's Stock Tumbles As Profit Falls 24% On High Raw Material Costs
Thursday, May 5, 2022 - 4:02am | 298Contemporary Amperex Technology Co, Ltd’s (CATL) shares plunged 12% in early trading on Thursday on the Shenzhen Stock Exchange, CnEVpost reported on Thursday. What Happened: CATL, which supplies batteries to Tesla Inc (NASDAQ: TSLA) and Xpeng Inc (NYSE:...
-
US To Spend Over $3B For Boosting EV Battery Production, Supply Chains
Tuesday, May 3, 2022 - 3:27am | 304The U.S. Department of Energy (DOE) said on Monday it would spend more than $3 billion in infrastructure funding to fund electric vehicle (EV) battery making. What Happened: DOE will allocate the funds from the $1 trillion infrastructure bill that President Joe Biden signed last year. ...
-
This Tesla, Nio Battery Supplier Has Regained Over Half The Market Share In China
Tuesday, April 12, 2022 - 2:52am | 361Tesla Inc (NASDAQ: TSLA) and Nio Inc (NYSE: NIO) battery supplier Contemporary Amperex Technology Co., Ltd (CATL) installed 10.81 GWh of power batteries in China in March, grabbing 50.49% market share, CnEVpost reported on Tuesday, citing China...
-
Tesla Co-Founder JB Straubel Expects Most Electric Vehicle Batteries To Last This Long
Tuesday, March 29, 2022 - 5:33am | 430Tesla Inc (NASDAQ: TSLA) co-founder JB Straubel, who now runs battery recycling startup Redwood Materials, said on Monday electric vehicle batteries could easily last up to 15 years in most cases. What Happened: Straubel said battery life usually tracks the vehicle...
-
This Tesla, Lucid Supplier Is Investing $7.2B In North America To Boost EV Battery Output
Thursday, March 24, 2022 - 1:00am | 567South Korea's LG Energy Solution, which counts Tesla Inc (NASDAQ: TSLA) and Lucid Group Inc (NASDAQ: LCID) as customers, is reportedly investing $7.2 billion to build new battery plants in North America including two in the U.S. and one in...
-
Tesla Supplier Panasonic Said To Be Planning Giant US Plant To Produce New Type Of Batteries For EV Maker
Friday, March 4, 2022 - 6:18am | 476Japan’s Panasonic Corp (OTC: PCRFY) is planning to build a large U.S. plant to produce a new type of electric vehicle battery for its key customer Tesla Inc (NASDAQ: TSLA), Japanese state broadcaster NHK reported on Friday, citing unnamed sources....
-
EV Battery-grade Nickel, The Automotive Industry Conundrum
Friday, September 17, 2021 - 12:19pm | 757According to an RBC Capital Markets report, nickel price rose to a 7-year high given the stinging growth in stainless steel demand –particularly that of mills. Week-on-week price starting September for the precious metal jumped 1.5% to $9.04 a pound, while exchange inventories dropped 3.4%....
-
Britain Engages In Talks With Ford, Nissan, LG, Samsung, Britishvolt, InoBat For Battery Gigafactories: FT
Wednesday, June 16, 2021 - 3:30pm | 803Carmakers Ford Motor Co (NYSE: F) and Nissan Motor Co Ltd (OTC: NSANF) (OTC: NSANY), conglomerates LG Electronics Inc (OTC: LGEIY) (OTC: LGEJY) and Samsung Electronics Co Ltd (OTC: SSNLF), and start-ups Britishvolt and InoBat Auto are in discussions with the...
-
Tesla Battery Supplier LG Collaborates with Indonesia Over $1.2B Battery Plant: Reuters
Monday, May 24, 2021 - 2:19pm | 410LG Corp and State-owned Indonesia Battery Corporation (IBC) have collaborated to build a $1.2 billion new battery plant with 10-gigawatt hours (GWh) capacity, Reuters reports based on Indonesian investment minister. Last year, Tesla Inc (NASDAQ: TSLA) supplier LG Energy...
-
Wedbush Says Tesla Has 'Game Changing' Developments, Lifts Target To $1,000
Wednesday, June 10, 2020 - 9:00am | 349Electric automaker Tesla Inc (NASDAQ: TSLA) has several catalysts ahead that will help push the stock higher from current levels, according to Wedbush. The Tesla Analyst: Daniel Ives maintains a Neutral rating on Tesla's stock with a price target lifted from $800 to $1,000. The Tesla Thesis:...