OneMain (OMF): “It’s got more exposure to a downturn than almost any other stock that I know. It’s the Dallas Cowboys of financials.” Freyr Battery (FREY): “We have too m...
Tag: Battery
GM’s Affordable Electric Car, Crypto’s Energy Impact And Rotary’s Battery Recycling
This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. Los Angeles Times via Getty Images Earlie...
BMW Plans EV Battery Dominance With New Gen6 Cylindrical Cell
Internal combustion cars are all about the engines, but for electric vehicles the batteries are the most significant component. BMW has clearly taken this to heart with its next generation battery pla...
Cheaper electric vehicles coming despite rising battery costs
WARREN, Mich. (AP) — Even though battery costs are rising, auto companies are rolling out more affordable electric vehicles that should widen their appeal to a larger group of buyers. The latest came ...
Electric Vehicle Battery Production May Lead To Coal Country’s Return
US President Joe Biden tours the General Motors Factory ZERO electric vehicle assembly plant with … [+] General Motors CEO Mary Barra (2L), Secretary of Labor Marty Walsh (2R), and United Auto W...
LG’s $4.4B Battery Plant, Taming Volcanic Brine And More Fuel Cells For Trucks
This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. Corbis via Getty Images Last weekend, I r...
Honda, LG Energy Solution to build $4.4 billion battery plant in U.S.
An employee inspects the door of a 2018 Honda Accord vehicle during production at the Honda of America Manufacturing Inc. Marysville Auto Plant in Marysville, Ohio, on Thursday, Dec. 21, 2017. Ty Wrig...
Honda Is The Latest Car Maker To Plan A Big U.S. Battery Plant—Just In Time For New EV Tax Credit
Honda and LG are planning a $4.4 billion battery plant to supply lithium-ion packs for models including the 2024 Acura ZDX crossover. Honda Motor Co. Honda Motor Co., which doesn’t sell any autos in t...
BlackRock to invest over $700 million in Australian battery storage
Wind turbines in Australia. Earlier this year, a report from Australia’s Clean Energy Council said renewables were responsible for 32.5% of the country’s electricity generation in 2021. Jo...
Ford CEO doesn’t expect electric vehicle battery costs to drop soon
Ford CEO Jim Farley poses with the Ford F-150 Lightning pickup truck in Dearborn, Michigan, May 19, 2021. Rebecca Cook | Reuters WAYNE, Mich. – Ford Motor CEO Jim Farley does not expect the costs of r...
Buy this lithium battery stock for a 200% return: Loop Capital
Enovix Corp (NASDAQ: ENVX) is trading up on Wednesday after a Loop Capital analyst said the lithium battery company could be worth up to $80 billion by the end of the decade. Enovix Corp could be a ...
EV Stocks: Lucid, Fisker, Nikola Tee Up For Earnings As NKLA Stock Pops On Battery Deal
Fisker (FSR) and Lucid (LCID) prepare to report late Wednesday, kicking off a heavy slate of earnings from emerging U.S. EV makers, battery plays and charging companies. NKLA stock jumped Monday with ...
Nikola Buys Romeo Power for 11% of Battery Maker’s SPAC Valuation
(Bloomberg) — Nikola Corp. will acquire Romeo Power Inc. for a sliver of what the battery maker was worth when it merged with a special purpose acquisition company less than two years ago. Most ...
Nikola to Buy Battery Maker Romeo Power for $144 Million
Listen to article (2 minutes) Electric-truck startup Nikola said it has agreed to buy battery-technology company Romeo Power in an all-stock deal that values Romeo at roughly $144 million. Nikola said...
Nikola snags battery production company
On August 1, Nikola Corporation (NASDAQ: NKLA) and Romeo Power Inc. (NYSE: RMO) announced that they had finalized an agreement, in which Nikola will acquire Romeo. While Nikola touts itself as the lea...
Are Software-Limited Features Like BMW Heated Seats Or Tesla Limited Batteries Good For The Customer?
Switch to activate the heater in the car seats. This could also be on a touchscreen getty There’s been some uproar over BMW’s recent offering of heated seats in your car for an $18/month subscription....
Samsung Builds $1.3 Billion EV Battery Plant In Malaysia
Attendees look at a Samsung SDI battery pack for electric vehicle displayed at the InterBattery … [+] exhibition in Seoul, South Korea, on Thursday, March 17, 2022. SeongJoon Cho/Bloomberg Samsu...
Tesla Cofounder Is Building A $3.5 Billion Plant To Make EV Battery Parts In The U.S.
Redwood Materials is building a $3.5 billion plant near Reno, Nevada, to make cathode and anode materials for electric vehicle batteries. Redwood Materials Redwood Materials, a battery recycling and m...
Ford says it has battery supplies needed for ambitious EV goals
Ford F-150 Lightning pickup trucks sit on the production line at the Ford Rouge Electric Vehicle Center on April 26, 2022 in Dearborn, Michigan. Bill Pugliano | Getty Images Ford Motor said Thursday t...
CATL Might Bring Battery Capacity to America With Mexico Plant, Report Says.
Text size Contemporary Amperex Technology is the largest and most valuable battery maker. Qilai Shen/Bloomberg The electric-vehicle battery giant Contemporary Amperex Technology might be readying its ...
Fusion Power Funding, A New EV Battery Plant In Kansas And How Food Waste Costs Taxpayers
This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. Associated Press In the first four months...
Tesla, Ford, and GM’s Plan to Unlock EV Battery Capacity
Text size Panasonic will put up an EV battery plant in Kansas. It’s the latest of a long list of planned battery plants coming to North America. David Becker/Getty Images Lithium batteries are t...
Ford doubles down on EVs by closing deal on 3 new battery plants
In May of 2021, Ford Motor Company (NYSE: F) signed a memorandum of understanding (MoU) with Korea’s SK Innovation to create a joint venture for building and operating battery facilities. On July 14, ...
Tesla’s Long-Time Partner Panasonic Building $4 Billion EV Battery Plant In Kansas
Panasonic’s new Kansas battery plant will be among the largest in the U.S. Panasonic Energy Panasonic, Tesla’s main battery manufacturer and a key investor since the company’s earliest days, say...
Battery recycling could be the next investor darling of the EV era
Automakers and suppliers, keen to fortify an EV supply chain and avoid raw materials shortages, are turning to a domain once overlooked: battery recycling. Suddenly awash in interest from EV makers an...
Volkswagen breaks ground on first of six battery factories
Volkswagen Group broke ground Thursday at the first of six battery factories it expects to build in Europe, the official kickoff of a new battery business that will invest $20 billion through 2030 to ...