getty As the growing popularity of electric vehicles charge up demand for battery components, shares of South Korea-listed chemicals group EcoPro have surged almost 230% since the beginning of the yea...
Tag: Battery
Tesla Battery Supplier Beats Profit Estimates. It’s Citing Soaring EV Demand.
Tesla battery supplier Contemporary Amperex Technology, or CATL, beat annual earnings expectations Friday, strengthening its status as the world’s largest electric-vehicle battery maker. The Chinese l...
Tesla Signs Battery Material Deal With Korea’s L&F
Tesla investors are having a busy week and it’s only Tuesday. Ahead of the week’s main event, an analyst day on Wednesday, investors have to digest news about batteries as well as EV demand in China a...
Tesla $2.9 Billion Battery Materials Order Sends L&F Surging
(Bloomberg) — South Korea’s L&F Co. jumped as much as 19% after winning a $2.9 billion order from Tesla Inc. and its affiliates to provide cathode materials, a key component in electric vehi...
Ford delays F-150 Lightning production another week after battery fire
Ford CEO Jim Farley announces at a press conference that Ford Motor Company will be partnering with the worlds largest battery company, a China-based company called Contemporary Amperex Technology, to...
NIO Stock Down by 3%; EV Maker Planning a Battery Building Plant
Electric vehicle market is growing at a faster rate, especially in the United States as the government is focusing towards their national goal to attain net zero emissions in upcoming years. This migh...
Ford F-150 Lightning had separate battery issue before fire
Ford workers produce the electric F-150 Lightning pickup on Dec. 13, 2022 at the automaker’s Ford Rouge Electric Vehicle Center (REVC). Michael Wayland | CNBC DETROIT – A defective battery that ...
Ford’s EV battery deal with China’s CATL echoes industrial history
Ford Mustang Mach-E electric vehicle displayed at the Ford booth during 2021 Auto Shanghai show. Almost exactly a century ago, Sun Yat-sen, the father of modern China, wrote a letter to Henry Ford. He...
Ford stops building F-150 Lightning as engineers struggle with battery issues; no restart date
DETROIT – The bestselling all-electric Ford F-150 Lightning was not being built Tuesday at its Michigan production site because building has been stopped while engineers try to determine what’s ...
Ford halts F-150 Lightning production due to possible battery issue
Ford workers produce the electric F-150 Lightning pickup on Dec. 13, 2022 at the automaker’s Ford Rouge Electric Vehicle Center (REVC). Michael Wayland | CNBC DETROIT – Ford Motor has paused pro...
Ford F-150 Lightning EV production, shipments halted due to potential battery issue
In a blow to the company’s growing EV ambitions, Ford (F) today confirmed it is halting production and shipments of its F-150 Lightning electric pickup due to a potential battery issue. “I can c...
Ford is partnering with a Chinese supplier on a battery factory
Ford Motor Co (NYSE: F), on Monday, said it’ll collaborate with CATL on a $3.50 billion battery facility for electric vehicles in Michigan. Shares ended comfortably in the green today. What’s in it fo...
Ford To Build $3.5 Billion Lithium Iron Phosphate Battery Plant In Michigan Using CATL Technology
Comparison of characteristics of nickel-manganese-cobalt cells and lithium-iron-phosphate Ford Ford today announced a plan to build a $3.5 billion factory in Marshall, Michigan to produce 35 GWh of li...
Ford sets EV battery factory plan with China’s CATL
DETROIT – Ford Motor said Monday it will collaborate with a Chinese supplier on a new $3.5 billion battery plant for electric vehicles in Michigan, despite tensions between the U.S. and China. The ant...
Battery Giant LG Chem Prepares to Lock In Mineral Supplies
(Bloomberg) — LG Chem Ltd. is prioritizing efforts to secure raw materials used in electric-vehicle batteries and establishing a self-sufficient global supply chain, including via potential part...
Ford Plans to Build EV Battery Plant in Michigan With Chinese Partner
(Bloomberg) — Ford Motor Co. and Contemporary Amperex Technology Co. Ltd. plan to build a battery plant in Michigan, according to people familiar with the matter, capping a monthslong search tha...
Redwood Wins $2 Billion Federal Loan To Scale Up Production Of Battery Materials For Electric Cars
Redwood Materials is starting to produce anode material for lithium-ion batteries in Carson City, Nevada. Redwood Materials Redwood Materials, the battery recycling and components maker created by Tes...
Redwood Materials nabs $2 billion loan for battery recycling in Nevada
JB Straubel sits down with CNBC’s Phil LeBeau at Redwood Materials. Redwood Materials has attained a $2 billion loan commitment from the Department of Energy, the agency announced on Thursday vi...
Battery Push By Tesla And Other EV Makers Raises Child Labor Concerns
A child and a woman break rocks extracted from a cobalt and copper mine in Lubumbashi, Democratic Republic of Congo, on May 23, 2016. JUNIOR KANNAH/AFP via Getty Images Carmakers have committed tens o...
The Cost Of Battery Production Tax Credits Provided In The IRA
SAN FRANCISCO, CA: An electric BMW vehicle gets its batteries charged in the parking lot of a hotel … [+] in San Francisco, California. (Photo by Robert Alexander/Getty Images) Getty Images The ...
New U.S. Battery Entrant Targets Fully Domestic Supply Chains
BOMBAY BEACH, CALIFORNIA – FEBRUARY 26, 2019: A woman walks along the shore of the Salton Sea in … [+] Southern California. The shallow saline lake was formed accidentally in 1905 followin...
Tesla Pouring $3.6 Billion Into Nevada Plant For EV Battery, Semi Production
Tesla is investing $3.6 billion to expand its Gigafactory in Sparks, Nevada, to make 4680-cell batteries and electric Semi trucks. Tesla Tesla, the world’s biggest producer of electric vehicles, is ex...
Nikola To Move Battery Production From California To Arizona
Nikola Corp (NASDAQ: NKLA) said it is moving its battery manufacturing from Cypress, California, to its Arizona manufacturing facility. The move will bring Nikola’s truck assembly, fuel cell pow...
IRA Spurs Clean Energy Boom, Electric Trucks Accelerate, Battery Demand Surges, EPA Cuts Power Sector Pollution
2022 was arguably the most important year in United States climate action: Landmark federal legislation and pro-climate state elections have paved the way for a clean energy boom in every corner of th...
Battery Maker SK On Likely To Pull Out Of Proposed JV With Ford
Electric vehicle battery maker SK On may call off its intended joint venture with Ford Motor Company (NYSE: F) and Koc Holding AS in Turkey. The parties signed a memorandum of understanding (MoU) for ...
Tesla Locks Battery Material Supply; This Lithium Stock Soars| Investor’s Business Daily
Telsa (TSLA) amended its supply agreement with Piedmont Lithium (PLL) on Tuesday. The new deal secures the electric vehicle maker’s lithium deliveries for the next three years. PLL stock spiked ...
‘Knocking Down’ Ukraine’s Patriot Battery Would Give Russia A Much-Needed Propaganda Coup
Russian President Vladimir Putin has declared Russia will destroy the MIM-104 Patriot air defense missile system the United States is delivering to Ukraine. Striking the single most advanced system th...
Expion360 stock skyrockets in active trading after exclusive lithium battery supply deal
Shares of Expion360 Inc. XPON, +139.19% rocketed 154.5% in very active midday trading Friday, enough to make them the biggest gainers listed on major U.S. exchanges, after the maker of lithium batteri...
Opinion: Ford’s pact with Chinese EV battery maker is a sucker punch to American taxpayers
Virginia Governor Glenn Youngkin made national headlines recently when he rejected a Ford Motor F, +1.30% factory in a struggling part of the state, owning to Ford’s partnership with Contemporary Ampe...