Northvolt AB today announced that it has filed for bankruptcy in Sweden. It says Northvolt North America is solvent, but what will happen to its massive EV battery plant project in Canada?
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It was a rough weekend for TSLA as public protests of CEO Elon Musk and his actions at DOGE overwhelm Tesla showrooms as calls from shareholders to fire America’s most powerful immigrant grow louder. Plus, solid-state batteries and a brand-new, affordable EV from Kia on today’s rapidly escalating episode of Quick Charge!
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Japan’s UBE Corporation has broken ground in Louisiana on what will be the US’s only dimethyl carbonate (DMC) and ethyl methyl carbonate (EMC) plant – key components for lithium-ion batteries in EVs and battery storage. DMC is also used in semiconductors.
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KORE Power has scrapped plans for its $1 billion lithium-ion battery factory in Buckeye, Arizona, and its CEO and founder has resigned.
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Stardust Power (Nasdaq: SDST), a US battery-grade lithium product developer, has officially broken ground on its $1.2 billion lithium refinery in Oklahoma, which will be one of the largest in the US.
The facility will eventually be able to produce up to 50,000 metric tons per year of battery-grade lithium.
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Amprius Technologies just unveiled a new SiCore cell built on its Silicon Anode Platform that boosts battery performance for EVs, electric aviation, and drones.
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The global shift to electric vehicles (EVs) is accelerating, but McKinsey’s latest report warns of significant strain on the supply chain for critical battery materials by 2030.
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Toyota just got a $4.5 million boost from the US Department of Energy (DOE) to make EV batteries more sustainable.
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In a significant boost for the US EV industry, Ford’s joint venture, BlueOval SK, has closed a $9.63 billion loan from the Department of Energy’s (DOE) Loans Programs Office.
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BMW is expanding an innovative process for reclaiming and reusing EV raw materials in building a brand-new €10 million ($10.4 million) cell recycling center. The new German plant will work to radically slash costs in building EVs and push the company closer to a closed-loop battery cell production.
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Researchers from the Oak Ridge National Laboratory have figured out a way to change the dirtiest fuel out there, coal, into materials to help build batteries for new clean vehicles.
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The world’s largest EV battery maker wants even more. China’s CATL told its suppliers it would provide funding as it looks to gain market share and overcome an intensifying price war in the EV battery space.
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Real-world driving and charging habits may make EV batteries last longer than researchers previously thought, finds a new Stanford-SLAC study.
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Europe’s vision of building homegrown EV batteries to cut its reliance on China is dying. But China is more than ready to step in where other companies have failed.
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EV battery prices are plummeting, falling faster than most expected. This year will mark the steepest decline since 2017. With new tech and cheaper alternatives hitting the market, electric vehicles will soon be even more affordable than their gas-powered counterparts.
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The European Commission is throwing a lifeline to its emerging EV battery sector with a hefty boost of €1 billion ($1,05b). But companies relying on Chinese materials are likely to be cut out. Question is, is it too late to save Northvolt?
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The US Department of Energy (DOE) says it will loan up to $7.54 billion to a Stellantis and Samsung SDI joint venture to help build two EV lithium-ion battery plants in Indiana.
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ExxonMobil and LG Chem just announced a big move that could strengthen the US critical mineral supply chain and be a game-changer for EV manufacturers.
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CATL, the world’s largest battery manufacturer, is considering building a localized plant on US soil, but there’s a big “if.” The company’s chairman said he is open to erecting a US battery facility if President-elect Donald Trump paves the way, despite escalating a trade war with China during his first term.
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Battery manufacturer LG Energy Solution just announced that its Arizona subsidiary has signed a long-term supply agreement with US automaker Rivian for 4695 cylindrical batteries. The cells will be produced at LG Energy Solution Arizona’s new standalone US facility beginning next year and will power Rivian’s upcoming R2 BEVs.
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Amprius Technologies has shipped its power-packed A-Sample EV cells to the United States Advanced Battery Consortium (USABC), a research collaboration between major automakers to advance EV battery technology.
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Under a new agreement inked between Ford and LG, the companies will move production of EV batteries for the Ford Mustang Mach-E from Poland to its Michigan facility in 2025. This (of course) has everything to do with the IRA and tax credits.
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Anthro Energy just secured a $24.9 million grant from the US Department of Energy to help bolster the domestic battery supply chain – a move that will have a big impact on US EV production.
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GM Ventures has invested $10 million in materials science company Forge Nano, which makes Atomic Armor, an innovative EV battery technology.
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