Text size R1S sport utility vehicle being manufactured. Courtesy Rivian Electric-truck startup Rivian Automotive quietly passed a milestone Monday. The company hosted its first annual meeting as a pub...
Tag: Batteries
What ChargePoint Earnings Say About the State of EV Charging in America
Text size ChargePoint Inc. had about 188,000 active charging ports at the end of the latest quarter. Dania Maxwell/Bloomberg The electric-vehicle charging-equipment company ChargePoint Holdings report...
Hyundai Is Tesla’s Latest Challenger With Plan For $5.5 Billion U.S. EV, Battery Plant
Georgia Governor Brian Kemp, left, and Hyundai CEO Jay Chang at a signing ceremony for the automaker’s new electric vehicle and battery plant in Bryan County, Georgia. Office of Georgia Governor...
Hyundai to invest $5.5 billion to build EVs and batteries in Georgia
The logo of Hyundai is shown at the #WeAreMobility fair at the 97th edition of the Brussels Motor Show on 18 January 2019, in Brussels. Dirk Waem | AFP via Getty Images Hyundai Motor on Friday confirm...
Is Elon Musk Right Or Wrong To Dismiss Hydrogen Use For Low-Carbon Energy Storage?
Tesla CEO Elon Musk gestures as he arrives at the Axel Springer Awards ceremony, in Berlin, on … [+] December 1, 2020. POOL/AFP via Getty Images The context is transitioning from fossil energy t...
Ex-Tesla Engineer Building Silicon Anode Plant As U.S. Amps Up EV Battery Production
Sila cofounder and CEO Gene Berdichevsky is developing anode materials that can improve energy density and the lower costs of EV batteries. Sila Sila, a battery materials startup cofounded by one of T...
Tesla Quarterly Profit Soars To $3.3 Billion As Supply Chain, Covid Woes Cloud Outlook
Tesla CEOElon Musk speaks at the opening of the electric carmaker’s Giga Texas plant on April 7, 2022 in Austin. AFP via Getty Images Tesla Inc., the world’s leading producer of electric vehicle...
Tesla Could Reopen Its Shanghai Factory Next Week: Report
Text size An aerial view of Tesla’s Shanghai factory, which closed in late March due to rising cases. Xiaolu Chu/Getty Images Tesla might be reopening its most productive facility earlier than i...
Rising Lithium Prices Could Stop The EV Revolution – Or Could They?
One of the guiding principles of the belief that electric vehicles will take over from internal combustion is the falling cost of batteries. From a pack price of around $1,200 per kWh in 2010, the pri...
Blockstream and Block will launch a bitcoin mining center powered by Tesla batteries and solar tech
advertisement Bitcoin company Blockstream and digital payments firm Block (formerly known as Square) will utilize Tesla’s Megapack tech for a new solar and battery-powered mining facility. The $...
Green Startups, Flush With Cash, Face Pressure to Make Climate Advances
Green startups hit the lottery last year. Investors have turned cautious since then, putting added pressure on the cash-rich companies to deliver better batteries, more sustainable materials and zippy...
Northvolt is enhancing its EV batteries production with this investment
Northvolt indicated on Tuesday that it would begin construction of a gigafactory in Germany and anticipates producing the first batteries by 2025. A statement from the Stockholm-based battery producer...
Rivian Racks Up $4.7 Billion Loss, Sees Supply Snags Curbing EV Output
Newly built Rivian R1 T electric pickups. Rivian Rivian, the best-funded electric vehicle startup in U.S. history, said losses during its initial year of electric truck production were nearly $5 billi...
Russian Nickel Compounds Pain For Carmakers Contending With Chip Shortages
Volkswagen ID.5 electric cars being built at the company’s Zwickau, Germany, plant Getty Images Carmakers have struggled to maintain production levels for over a year owing to a computer chip sh...
Aston Martin inks deal to develop batteries with Britishvolt
The Aston Martin Rapide E electric vehicle on display at the Auto Shanghai 2019 show in Shanghai, China. Qilai Shen | Bloomberg | Getty Images Aston Martin is to work with Britishvolt on the developme...
QuantumScape Stock Drops After Earnings. It’s Hard to Say Why.
Text size QuantumScape met its 2021 goals and is making progress in commercializing its battery technology. Courtesy QuantumScape Stock in electric vehicle battery technology provider QuantumScape is ...
QuantumScape Stock Is Down After Reporting Earnings. It’s Hard to Say Why.
Text size A QuantumScape lab. Courtesy QuantumScape Stock in electric vehicle battery technology provider QuantumScape is dropping after the company reported fourth quarter results Wednesday evening. ...
Billionaire George Soros reveals stake in Rivian, sells some tech shares
Billionaire George Soros’ investment fund has taken a more than $1 billion stake in electric-pickup maker Rivian Automotive Inc. According to a filing with the Securities and Exchange Commission on Fr...
The ‘Electric Vehicle – Cold Weather Thing’ Is Real But Not A Showstopper
I will start with this disclaimer. I absolutely love, love, love my electric vehicle (EV) and don’t foresee ever driving anything else going forward. After buying the car last summer, I documented fiv...
Opinion: Biden borrows too much, while America’s economy hollows out
It’s easy to be distracted by Russia’s provocations in Ukraine and the Federal Reserve’s new war on inflation but as the economy recovers from the delta and omicron variants, difficult post-pandemic c...
ChargePoint Upgraded by J.P. Morgan. Pullback Could Be a Good Entry Point.
Text size ChargePoint’s pullback could be a good entry point for investors, J.P. Morgan says. Dania Maxwell/Bloomberg ChargePoint Holdings shares were up Friday after J.P. Morgan upgraded its ra...
Tesla Lithium Supplier Ganfeng Says Profit Soared As Much As 437% In 2021
About half of Tesla’s global production is at this Gigafactory in Shanghai, according to a Reuters … [+] estimate. Photo is from Dec. 2020. Photographer: Qilai Shen/Bloomberg © 2020 Bloomb...
Asia Is Winning The War For EV Batteries
With consumer interest in electric vehicles increasing, the global market for EV batteries has grown to the size of $27 billion in 2021 and is expected to continue expanding. In addition to having bec...
Yes, GM Needs to Do More to Challenge Tesla. But the Stock Is a Buy.
General Motors has grand ambitions and a cheap stock. That could be a winning combination for investors. But to realize it, the pace of the giant car maker’s electric-car launches must catch up to the...