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batteries Stories August 13, 2021

Tesla battery supplier CATL is raising $9 billion to accelerate production

CATL, a major battery manufacturer and one of Tesla’s main battery suppliers, is raising a whopping $9 billion to accelerate its production.

batteries Stories August 4, 2021

Here’s what the US needs to do to meet snowballing battery demand

Current US battery production falls woefully short in the face of rapidly growing demand for electric vehicle and storage batteries. The US has only a small number of domestic, large battery manufacturing factories, including Tesla’s Gigafactory that operates in partnership with Japan’s Panasonic. And just last week, KORE Power announced it will build the first lithium-ion […]

batteries Stories March 1, 2017

Chinese battery maker signs massive supply contract with NEVS ahead of build out of new Gigafactory-size plant

Contemporary Amperex Technology Co., Limited (CATL), a relatively new Chinese li-ion battery maker, is shaping up to become a major player in the industry in the coming years with plans for several important battery factories comparable in size to Tesla’s Gigafactory. The company has now signed a supply contract with SAAB successor National Electric Vehicle […]

batteries Stories July 27, 2018

China launches an electric car battery recycling standard as old batteries are expected to come back in high numbers

Battery recycling is expected to become an increasingly significant part of the electric vehicle supply chain in the near future. In order to prepare for it, China is launching an electric car battery recycling standard as old batteries are expected to come back in high numbers as EV adoption ramps up in the country.

batteries Stories December 15, 2017

Bosch is considering a major €20 billion investment in 200 GWh of battery cell production

Bosch is the world’s largest automotive supplier and it is heavily investing in electric vehicle components to support the industry’s transition to electric vehicles. But there’s one important electric car component that Bosch is not making: battery cells. The company now says that it is considering a significant investment to start producing batteries.

batteries Stories August 3, 2017

A new massive battery gigafactory is coming to Germany

The battery supply chain to support the electric car revolution and energy storage industry is slowly becoming stronger. Tesla has been leading new battery production in America with its Gigafactory and Panasonic, Samsung, and LG have been leading production in Asia, but Europe has been lagging behind. Now a new massive li-ion battery gigafactory has […]

batteries Stories June 2, 2016

Tesla Gigafactory update with new aerial shots [Gallery: June 2016]

The pilot plant of Tesla’s ‘Gigafactory 1’ is almost completed and will be officially inaugurated at a special event on July 29.  Pictures of the ambitious facility, which is located east of Reno in Nevada, have been more scarce since two journalists from Gannett’s Reno Gazette Journal (RGJ) were involved in an altercation with two […]

Tesla took delivery of large quantities of battery cells from Samsung

While Panasonic has been Tesla’s longtime partner for battery cell supply, the automaker confirmed last year that for the first time it approved a cell from another manufacturer, LG Chem, but only for a small contract for its Roadster 3.0 upgrade. Now we learn that Tesla started taking delivery of much larger quantities of battery cells from […]

batteries Stories June 8, 2016

Elon Musk confirms that Samsung’s battery cells will not be used in Tesla vehicles, Panasonic gets exclusivity [Updated]

Last week, we reported on Tesla starting to take delivery of important quantities of battery cells from a new supplier: Samsung SDI. At the time, we contacted Tesla to know what the cells will be used for, the company declined to comment, but we speculated that it could be used for ‘Tesla Energy’ products. Now […]

batteries Stories June 9, 2016

Tesla tried and failed to buy a lithium startup for $325 million

In a lengthy report published yesterday, the Desert Sun described the demise of a young lithium extraction startup and how Tesla tried and failed to buy it for $325 million in TSLA stock back in 2014. It offers an interesting look at Tesla’s acquisition process, something rare for the automaker. The company only made one acquisition: a […]

batteries Stories June 16, 2016

A new bipartisan effort to introduce a 30% Tax Credit (just like Solar Power) for energy storage

On May 26, 2016 – “U.S. Rep. Mike Honda (D-Silicon Valley, Calif.)  introduced H.R. 5350, the bipartisan Energy Storage for Grid Resilience and Modernization Act. Honda was joined by Reps. Chris Gibson (R-NY), Tom Reed (R-NY) and Mark Takano (D-CA).” The purpose of the legislation is to clarify that energy storage industry receives a 30% […]

batteries Stories June 17, 2016

Panasonic ‘gearing up for significant growth’ at the Tesla Gigafactory, will host a special hiring event next week

While Tesla has been manufacturing battery packs at the Gigafactory for its energy storage division since last year, new battery cell production is expected to be the real hallmark of the giant battery factory and it has yet to happen. Panasonic, Tesla’s strategic partner at the plant, is in charge of the cell production inside […]

batteries Stories June 22, 2016

Here’s what it’ll take for Tesla + SolarCity to be a $1Trillion energy company

Elon Musk surprised the business world with one of the most common sense moves I’ve seen in a while – an offering to merge Tesla and SolarCity into a single company. Musk, this morning on a conference call, stated that he sees these companies coming together to become worth $1 trillion. For that to be […]

batteries Stories June 23, 2016

Tesla will add new section (5th) to the Gigafactory by December, Battery cell manufacturing equipment by July 20th

For the most part, Tesla’s Gigafactory has looked the same from the outside since the beginning of the year. The first phase consists of 4 sections of about 475,000 square feet for a total of 1.9 million square feet. The final version of the building, which should be completed by the end of the decade, […]

batteries Stories June 28, 2016

Battery market for electric vehicles to rise to $10 Billion in 2020, thanks to Tesla, BYD and VW [Report]

A new research report from Lux Research looked into the projected growth of the battery sector for electric vehicles (BEVs and PHEVs) and concluded that the market will rise to $10 Billion in 2020 with six large carmakers led by Tesla accounting for 90% of the demand.

batteries Stories February 5, 2018

China’s biggest battery producer could become world’s biggest after raising $2 billion in an IPO

Contemporary Amperex Technology (CATL), China’s largest automotive battery maker, has been making strides in the past few years thanks to the country’s rapid deployment of electric vehicles. The company is now reportedly aiming to become the world’s largest automotive battery maker with a new factory financed by an initial public offering (IPO) valued at $2 billion.

batteries Stories December 31, 2015

Panasonic to build a new $412 million battery factory for electric vehicles in China

Panasonic is investing 50 billion yen ($412 million) in China to build a lithium-ion battery factory aimed at the electric vehicle market, according to a new report from Nikkei. The annual capacity is projected to be the equivalent of “around 200,000 electric vehicles”, but we don’t know the average capacity per vehicle.

batteries Stories October 5, 2015

LG Chem to build a new battery factory for electric cars in Europe

South Korean news outlets are reporting that the electronic giant LG Chem will build a new factory to produce batteries for electric cars in Europe. The new plant will reportedly have an annual production capacity of 50,000 battery packs, making it of similar size as the company’s Holland, Michigan plant where the company produces battery packs for the Chevy Volt and eventually the Bolt.

batteries Stories May 16, 2016