Albemarle Corp., the world’s largest producer of lithium, raised its outlook for the second time this month as tight supply and growing electric vehicle demand forces battery makers to pay up for the metal.
May 24, 2022lithium-ion batteries
Business, Fuel 
Brine pools at the Albemarle Corp. lithium mine in Chile. (Cristobal Olivares/Bloomberg News)
Lithium Miner Albemarle Lifts Outlook as EV Battery Demand Surges
Brine pools at the Albemarle Corp. lithium mine in Chile. (Cristobal Olivares/Bloomberg News)Soaring Lithium Prices May Affect Vehicle Production
A cross section of a lithium battery pack at the Tianneng Battery Group Co. facility in Huzhou, Zhejiang province, China. (Qilai Shen/Bloomberg News)Batteries, and more precisely battery metals, are poised to replace chips as the new bottleneck for the auto industry.
April 22, 2022 Government, Business, Technology, Fuel 
The corporate logo of LG Electronics. (Lee Jin-man/Associated Press)
NHTSA Opens Probe Into LG Electric Vehicle Batteries
The corporate logo of LG Electronics. (Lee Jin-man/Associated Press)DETROIT — U.S. safety regulators have opened an investigation into electric and hybrid vehicle batteries after five automakers issued recalls due to possible defects that could cause fires or stalling.
April 5, 2022 Business, Technology, Fuel 
LG's plant is Holland, Mich., as seen in 2013. A $1.7 billion expansion will add up to 1,200 jobs by 2025, officials announced March 22. (Mark Copier/The Grand Rapids Press via AP)
EV Battery Maker LG to Expand in Michigan
LG's plant is Holland, Mich., as seen in 2013. A $1.7 billion expansion will add up to 1,200 jobs by 2025, officials announced March 22. (Mark Copier/The Grand Rapids Press via AP)LANSING, Mich. — Electric vehicle battery maker LG Energy Solution plans a $1.7 billion expansion in western Michigan that will add up to 1,200 jobs by 2025, officials announced March 22.
March 22, 2022 Government, Business, Fuel 
Granholm (left) by Aaron M. Sprecher/Bloomberg News; Manchin by Al Drago/Bloomberg News
US Unveils Battery Strategy in West Virginia to Ease Coal Loss
Granholm (left) by Aaron M. Sprecher/Bloomberg News; Manchin by Al Drago/Bloomberg NewsEnergy Secretary Jennifer Granholm and Sen. Joe Manchin on March 18 announced a program to develop lithium batteries in the U.S. as part of a broader strategy to help Appalachia amid a transition from coal.
March 18, 2022 Business, Fuel 
Mercedes Chief Executive Officer Ola Kallenius speaks to Bloomberg Television
Mercedes Opens Battery Plant for Electric SUVs
Mercedes Chief Executive Officer Ola Kallenius speaks to Bloomberg TelevisionMercedes-Benz Group AG opened a battery factory in Alabama months before the luxury carmaker starts assembling electric SUVs nearby in an effort to challenge Tesla Inc. in the U.S. EV market.
March 15, 2022 Business, Technology, Equipment, Fuel 
Battery Resourcers' $43 million, 154,000-square-foot plant in Covington, Ga., is on track to open in August. (Battery Resourcers)
Georgia County Lands Two EV Development Projects
Battery Resourcers' $43 million, 154,000-square-foot plant in Covington, Ga., is on track to open in August. (Battery Resourcers)Newton County, Ga., has landed two major electric vehicle development projects that potentially could provide thousands of jobs in the fast-growing suburb east of Atlanta.
January 12, 2022 Business, Technology, Fuel 
A cross section of a lithium battery pack at the Tianneng Battery Group Co. facility in Huzhou, Zhejiang province, China. (Qilai Shen/Bloomberg News)
US Loosens China’s Grip on Lithium Battery Industry
A cross section of a lithium battery pack at the Tianneng Battery Group Co. facility in Huzhou, Zhejiang province, China. (Qilai Shen/Bloomberg News)The U.S. is narrowing the gap on China’s dominance of the $46 billion lithium-ion battery industry thanks to investments from Tesla Inc. and the Biden administration’s policy push to drive growth of electric vehicles.
October 7, 2021