Tesla Invests $3.6 Billion in Nevada Factories for Batteries, Trucks
Tesla Inc. is investing $3.6 billion in two new factories to build electric vehicle batteries and its all-electric Semi heavy-duty truck near an existing production site in Reno, Nev.
January 25, 2023Stellantis Secures Manganese Sulfate Supply for EV Batteries
The maker of Jeep SUVs, Ram pickup trucks and other vehicles on Jan. 9 said it has secured a supply of high-purity manganese sulfate monohydrate for electric vehicle batteries.
January 13, 2023China’s CATL Extends Lead as World’s Top EV Battery Maker
Contemporary Amperex Technology Co. Ltd.’s share of the electric vehicle battery market continues to grow, as the Chinese company accounted for 37.1% of global sales in the first 11 months of 2022.
January 4, 2023Ford, China’s CATL Mull Workaround for New US Battery Plant
Ford Motor Co. and China’s Contemporary Amperex Technology Co. Ltd. are considering building a battery manufacturing plant in Michigan in a complex arrangement designed to reap new tax benefits.
December 15, 2022EV Battery Production Boosted by $2.8 Billion Federal Grant to 20 Companies
Companies in 12 states are receiving $2.8 billion in federal awards to strengthen domestic production of electric vehicle batteries and grid components, part of President Joe Biden’s agenda to boost U.S. manufacturing and accelerate clean energy initiatives.
October 23, 2022Pelosi’s Taiwan Trip Spurs CATL to Pause EV Battery Plant Plans
A giant Chinese supplier of electric vehicle batteries decided to push back announcing a multibillion-dollar North American plant to supply Tesla Inc. and Ford Motor Co. due to tensions raised by House Speaker Nancy Pelosi’s trip to Taiwan, according to people familiar with the matter.
August 2, 2022Biden Wants to Cut Into China’s Electric Battery Dominance
SACRAMENTO, Calif. — President Joe Biden highlighted his efforts to counter China’s dominance of the electric battery market on Feb. 22 as he touted domestic efforts to mine and process lithium and rare metals necessary to create the technology that powers cars, electronics, wind turbines and more.
February 23, 2022VW to Spend $2.3 Billion on Battery Hub, Sets Up New Unit
Volkswagen AG will invest 2 billion euros in a planned battery hub in Germany as part of a decision to create a dedicated company for the carmaker’s battery business.
December 13, 2021GM Venture to Build Battery Chemical Plant
General Motors is forming a joint venture with Posco Chemical of South Korea to build a North American battery materials plant as it brings more steps in the electric vehicle supply chain under its umbrella.
December 1, 2021Lithium Fuels Hopes for Revival on California’s Largest Lake
California’s largest but rapidly shrinking lake is at the forefront of efforts to make the U.S. a major global player in the production of lithium.
August 31, 2021