Britishvolt’s bankruptcy is the death knell for the UK’s battery industry
Britishvolt could have kept the U.K. competitive, but its failure comes a decade too late.
Panasonic considers Oklahoma for next EV battery factory
Panasonic is eyeing Oklahoma as the home for its next lithium-ion battery plant, according to a report Friday by The Wall Street Journal. The proposed venture, which is expected to supply Tesla with a
Why GM profits dropped 40% in the second quarter
General Motors said Tuesday it’s moving to take more control over its supply chain in response to a dismal second quarter that saw profits fall 40% year over year as it shifts more toward EVs. The a
Battery recycling could be the next investor darling of the EV era
Automakers and suppliers, keen to fortify an EV supply chain and avoid raw materials shortages, are turning to a domain once overlooked: battery recycling. Suddenly awash in interest from EV makers an
Dual-chemistry battery tech could push BMW’s iX EV to 600-mile range
BMW’s iX was introduced late last year with a maximum range of 324 miles. With the prototype, ONE is hoping to nearly double that to 600 miles.
The US is about to get serious about EVs
The US market for electric vehicles is at an inflection point. Get ready for mass adoption.
Electric Mercedes G-Class will go the distance with Sila’s energy-dense silicon anodes
Sila says its silicon anode material can boost energy density by 20% to 40% over existing cells.
Batteries have become VC and PE’s most electric investment opportunity
Five years ago, battery startups attracted important but not transformative investments. But money began pouring in toward the end of 2020. What changed?
Fast-charge EV battery maker StoreDot pulls in $80M led led by Vietnam’s VinFast
StoreDot, the Israeli next-generation battery technology startup touting an “extreme fast charging” (XFC) battery for electric vehicles, has secured the first close of its latest funding round led
Automakers have battery anxiety, so they’re taking control of the supply
Battery joint ventures have become the hot must-have deal for automakers that have set ambitious targets to deliver millions of electric vehicles in the next few years.
Volkswagen will bring 240 gigawatt hours of battery production capacity to Europe by 2030
Volkswagen AG is gearing up to seize the top spot as the world’s largest electric vehicle manufacturer with plans announced Monday to have six 40 gigawatt hour (GWh) battery cell production plants i
Swedish battery manufacturer Northvolt receives a $14 billion order from VW
Northvolt, the Swedish battery manufacturer which raised $1 billion in financing from investors led by Goldman Sachs and Volkswagen back in 2019, has signed a massive $14 billion battery order with VW
From the ashes of nearly a billion dollars, Ample resurrects Better Place’s battery swapping business model
A little over 13 years ago, Shai Agassi, a promising software executive who was in line to succeed the chief executive at SAP, then one of the world’s mightiest software companies, left the comp
Volta Energy Technologies raises over $90M of a targeted $150M fund to back energy storage startups
Volta Energy Technologies, the energy investment and advisory services firm backed by some of the biggest names in energy and energy storage materials, has closed on nearly $90 million of a targeted $
Battery companies are the latest SPAC target as EVs get a huge regulatory boost
Batteries are the latest landing pad for investors. In the past week alone, two companies have announced plans to become publicly traded companies by merging with special purpose acquisition companies
Panasonic explores a European battery deal with Norway’s largest energy and industrial companies
Panasonic, one of the world’s largest manufacturers of lithium-ion batteries, has signed a preliminary agreement with the Nordic energy company Equinor and engineering and industrial company Nor
Tesla said to be readying new long-lasting, low-cost batteries to put EVs at price parity with gas cars
Tesla CEO Elon Musk has been touting forthcoming battery technology improvements, going so far as to dub a forthcoming company talk “battery day” in prior public comments. Now Reuters is r
GM reveals ‘Ultium,’ the heart of its EV strategy
GM revealed Wednesday a new electric architecture that will be the foundation of the automaker’s future EV plans and support a wide range of products across its brands, including compact cars, w
GM, LG Chem to invest $2.3 billion in EV battery joint venture
GM chairman and CEO Mary Barra said Thursday morning that the automaker is forming a joint venture with LG Chem to mass produce battery cells for its electric vehicles, a portfolio that will include a
Y Combinator-backed Holy Grail is using machine learning to build better batteries
For a long, long time, renewable energy proponents have considered advancements in battery technology to be the Holy Grail of the industry. Advancements in energy storage has been among the hardest to