New Battery Rules Cut Nissan, Tesla EVs From US Tax Credits

The new requirements, issued in December, seek to reduce US reliance on China in its electric-vehicle supply chain

4 months ago

Tesla Gains $31m Shanghai Land For New Megapack Battery Plant

Tesla paid 222.42 million yuan ($31.13 million) for use rights to a 19.7-hectare (48.7 acres) plot in Shanghai for $31.13…

4 months ago

China Lithium Prices to Tank in 2024 Amid Global Supply Surge

Prices of the key EV battery metal have already tumbled close to 80% this year with supply outpacing the rise…

5 months ago

Spiralling China Lithium Prices Hit 26-Month Low on Supply Glut

Spot lithium prices in the world's top producer of the battery metal were effectively down close to 80% year-on-year

5 months ago

Japan Gives Toyota $841m to Drive Domestic EV Battery Output

Japan has designated batteries for energy storage as important under an economic security law and earmarked close to $2.4 billion…

10 months ago

Chinese Energy Storage, Battery Firms Plan $1bn Vietnam Plants

Vietnam, a global export hub, has been attracting global investments thanks to its array of free-trade deals and cheap labour,…

11 months ago

Indonesia’s Mining, EV Battery Plans Get $9 Billion Boost

The investment, from a British consortium that includes mining giant Glencore, will go into a wind energy-powered industrial park on…

11 months ago

Korea Battery Makers, Seoul Join Forces in $15bn Power Alliance

The South Korean government and battery producers LG Energy Solution, Samsung and SK On will together invest in the next…

1 year ago

Korea’s LG Energy Solution Seeks Factory Sites Outside China

China's zero-Covid policy, which has snarled supply chains and hurt production, prompted LGES to seek EV-battery factory sites elsewhere in…

2 years ago

China’s Talent New Energy Raises Funds for Advanced Batteries

The company said it would establish an advanced energy materials research institute and a new energy technology industrialisation research centre…

2 years ago

Musk’s Tesla Struggles With Advanced Battery Production

Elon Musk, its chief executive, has demanded the company ramp up battery production, especially of its so-called 4680, denoting the…

2 years ago

Foxconn Seen Looking at $2 Billion Indonesia EV Partnership

Azis Armand, chief executive of Indika, Indonesia's third biggest coal producer, said a feasibility study for the proposed joint venture…

2 years ago