Skip to main content

EV batteries

See All Stories

California’s ‘Lithium Valley’ project powers up EV battery boom with millions in tax breaks

California Lithium

During a press conference yesterday, supervisors in Imperial County, California, announced they had voted unanimously to offer tax rebates, property tax deductions, and the potential for further incentives to any and all battery manufacturers willing to produce Lithium products within the county’s lines. The county shared it is also seeking federal funding and state programs to support its “Lithium Valley” project with hopes of bringing more battery manufacturing to California.

Expand Expanding Close

CATL dominates global EV battery market for sixth straight year

EV battery market

The 2022 report from South Korean firm SNE Research shows that EV battery manufacturer CATL once again holds its title as the largest in the world by installed battery capacity. That’s now six years in a row that CATL leads the global EV battery market and based on 2022’s numbers, is showing no signs of slowing down.

Expand Expanding Close

REE Automotive taps Microvast as battery supplier to its modular EV platforms

REE battery

EV mobility developer REE Automotive has publicly revealed who will supply the battery packs to its modular platforms. Microvast has signed a supply agreement with REE to provide its high-energy lithium-ion battery packs to “Powered by REE” modular EV technology as the latter works to bring commercial EVs to market, beginning with the P7 platform.

Expand Expanding Close

NIO and CATL deepen partnership to advance battery longevity, expand to new markets


EV automaker NIO and world leader in battery manufacturing CATL held a signing ceremony in China this week in which the two companies deepen an existing relationship in order to improve EV battery supply chains, advance new EV brands and their respective technology, all while expanding to new markets. Here’s the latest.

Expand Expanding Close

Ford may shift from SK On to LG to build 45 GWh battery plant in Turkey

Ford battery plant

Ford Motor Company will reportedly partner with LG Energy Solution to erect a new battery plant in Turkey capable of an annual capacity up to 45 gigawatt-hours (GWh). In order to work with LG, Ford will have to back out of a previous deal with SK On, the battery division of SK Innovation and a current partner on several other projects.

Expand Expanding Close

QuantumScape ships first batch of energy dense, 24-layer solid-state batteries to EV automakers

solid state ev batteries

Solid-state battery manufacturer QuantumScape announced that its first 24-layer lithium-metal prototype sells to EV OEMs for testing. Referred to as “Sample A0,” these cells represent QuantumScape’s most impressive solid-state technology to date, and their delivery marks a key milestone in its journey toward full integration of energy dense, fast-charging cells into future electric vehicles.

Expand Expanding Close

Panasonic Energy to supply batteries to Lucid Air, Gravity and build in US

Lucid batteries

Lucid Group and Panasonic Energy announced they have entered into multi-year agreements that entail the latter supplying lithium-ion batteries to both the Lucid Air and Gravity SUV. Part of the agreement supports Panasonic Energy’s plans to expand outside of Japan and begin production at a new facility in the US.

Expand Expanding Close