Ford may have paused its plans to build a $3.5 billion EV battery factory with CATL, but it hasn’t relieved pressure from Republican U.S. lawmakers who are investigating the automaker’s ag
Ford confirmed Monday it has immediately stopped work at a $3.5 billion factory in Michigan that was supposed to make cheaper lithium iron phosphate batteries using tech from China’s CATL. ̶
We are moving in the wrong direction: Bigger and more expensive means that EV ownership is becoming less accessible not more so.
To examine the market forces and psychology driving climate tech, we surveyed 14 international investors to learn about how they evaluate new opportunities.
South Korea’s electric vehicle battery maker LG Energy Solution made a successful market debut on Thursday. The market capitalization of LG Energy stood at $98.3 billion (118 trillion KRW) at the cl
Volkswagen and Bosch have signed a memorandum of understanding to explore a joint venture dedicated to providing Europe with battery equipment solutions. The two companies aim to supply integrated bat
Solid Power, the solid-state battery developer backed by Ford and BMW, is hitting the public markets running with a spike in stock price shortly after trading opened Thursday. The company is one of a
Arrival, the electric vehicle manufacturer that aims to break up the assembly line in favor of multiple microfactories, is investing $11.5 million to build a high-voltage battery module assembly plant
Toyota Motor will build its first battery factory in the U.S. in North Carolina, the company and state officials confirmed Monday, as more automakers seek to take control of the supply chain with in-h
General Motors is deepening its commitment to operate a vertically integrated battery supply chain with the announcement that it would form a joint venture with South Korea-based POSCO Chemical to bui
Factorial Energy, a startup working on solid-state batteries for electric vehicles, has added two more major automakers to its investor sheet: Mercedes-Benz and Stellantis, both of which plan to co-de
Michigan-based startup Our Next Energy (ONE) has closed a $25 million Series A for tech that it says can double the range of EVs, as more and more startups take aim at surpassing the pitfalls of conve
Stellantis, the automaker formed through a merger with Fiat Chrysler Automobiles and Groupe PSA, has reached a preliminary deal with LG Energy Solution to produce battery cells and modules in North Am
Battery Resourcers, a startup that’s developing a closed-loop approach to lithium-ion battery materials, has raised $70 million in mid-round funding to scale its commercial operations across two con
Solid Power, a battery developer backed by Ford and BMW, is expanding its Colorado-based factory footprint as it prepares pilot production of its solid state batteries early next year. The new product
Cox Automotive is getting into the electric vehicle battery lifecycle business. The company said Wednesday it acquired Oklahoma City-based Spiers New Technologies (SNT), a business that provides repai
Instead of an EV battery being something that needs to be recharged, like an iPhone, Ample wants to turn them into things that can be swapped out, like batteries in a digital camera.
South Korea’s LG Energy Solution has entered into a six-year agreement with an Australian mining company for cobalt and nickel, securing a stable supply of key minerals to make electric vehicle batt
The twice-issued recall for 2017 to 2019 Chevrolet Bolt electric vehicles cost General Motors $800 million, the company said in its second-quarter earnings statement Wednesday. Costs associated with f
Elon Musk mused that Tesla's batteries may eventually be two-thirds iron-based and one-third nickel-based across its products. 'And this is actually good because there’s plenty of iron in the world.
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