General Motors to Sell Its Stake in Michigan Battery Factory
DETROIT — General Motors has reached an agreement to sell its stake in a nearly completed electric vehicle battery plant in Lansing, Mich.
December 2, 2024Northvolt Rescue on Verge of Unraveling as Cash Runs Short
Northvolt is scrambling to pull together emergency funding after a previous plan fell apart, according to sources, leaving the battery maker with dwindling options as it runs low on cash.
November 15, 2024Northvolt Sells US Battery Plant to California Startup
Northvolt AB, the cash-strapped European battery maker, reached a deal to sell its U.S. factory to a startup that’s trying to reduce America’s reliance on China for batteries.
China’s CATL Unveils Battery Designed for Hybrid Vehicles
China’s Contemporary Amperex Technology Co. on Oct. 24 unveiled a new battery designed for hybrid vehicles in an effort to wean more drivers off gasoline-guzzling cars.
October 24, 2024Clarios Pilots AI-Enhanced Battery Monitoring for Fleets
Clarios is introducing technology that predicts battery health, informing drivers, fleet managers and maintenance teams of a battery’s status.
GM in Talks to Buy Chinese Batteries Made in US by TDK
General Motors is in discussions to buy EV batteries that would use technology from China’s CATL and be assembled at a new plant slated to be built in the U.S., Bloomberg reports.
September 12, 2024Sodium-Ion Battery Startup Peak Sparks Lithium Alternative
Startup Peak Energy received $55 million in funding to scale up production of sodium-ion batteries that the company is positioning as an alternative to lithium-ion technology.
Battery Maker LG Energy Posts Earnings Miss Amid Weak Demand
Battery maker LG Energy Solution Ltd. badly missed fourth-quarter earnings estimates amid weaker demand for electric vehicles and a drop in lithium prices that hurt revenue.
VW Sees Positive Results for Potential Breakthrough Battery
Volkswagen said its battery startup has seen positive results with solid-state cells for electric vehicles, a win for the carmaker as it pushes to make EVs more efficient and less expensive.
Silicon-Focused Battery Startup NanoGraf to Open Chicago Plant
NanoGraf, a startup specializing in high-performance batteries made using silicon, is close to starting operations at a facility near Chicago’s central business district.