Ford Strikes Lithium Deals to Support EV Output
Ford Motor Co. reached a series of deals to buy lithium from projects in Canada to Chile, as automakers rush to secure the materials needed to build electric vehicles.
May 22, 2023Michigan Town Rests Economic Hopes on Ford Battery Plant
Advocates for Ford’s $3.5 billion electric vehicle lithium-ion battery plant in Marshall, Mich., say the 2,500 jobs it promises are much needed for the city of less than 7,000.
How a Georgia Plant Helps Solve a Huge EV Supply Chain Kink
COVINGTON, Ga. — Ascend Elements takes spent lithium-ion batteries and scrap from EV battery makers and grinds them to dust, salvaging minerals for reuse in new EV power sources.
Honda, LG to Build $3.5 Billion Battery Plant, Hire 2,200 in Ohio
COLUMBUS, Ohio — Honda says it will build a $3.5 billion joint-venture battery factory in rural southern Ohio and hire 2,200 people to staff it as the company starts to turn the state into its North American electric vehicle hub.
October 11, 2022Michigan Lures $1.6 Billion Battery Factory in Fight for EV Jobs
Michigan awarded incentives to two new battery projects — a local startup building a cell plant and a Chinese firm that may produce battery components — as Gov. Gretchen Whitmer seeks to secure future automotive jobs in the state.
EV Makers Urged to Partner With Miners to Secure Key Metals
A key lithium producer in Australia, the world’s top supplier, is urging electric car manufacturers and battery makers to become its partners in new refinery projects, arguing their direct financial backing is vital to avoid shortfalls of the material that’s crucial to the clean energy transition.
Lithium Miner Albemarle Lifts Outlook as EV Battery Demand Surges
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.
Soaring Lithium Prices May Affect Vehicle Production
Batteries, and more precisely battery metals, are poised to replace chips as the new bottleneck for the auto industry.
NHTSA Opens Probe Into LG Electric Vehicle Batteries
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.
EV Battery Maker LG to Expand in Michigan
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.