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Battery Makers

Battery Makers

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

2 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…

2 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…

3 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

3 months ago

Ford Halts Work on $3.5bn CATL-Backed US Battery Plant

The US auto giant refused to say why it has paused construction but some lawmakers said it was a chance…

5 months ago

China’s Gotion Gets US Nod on $2 Billion Lithium Battery Plant

Gotion will be eligible to receive US tax benefits totalling $213 million over 30 years and also get $125 million…

6 months ago

China Scientists Claim Long-Life Battery Breakthrough – STD

The researchers say they’ve developed a high-performance ultra-long-life aqueous zinc-ion battery

6 months ago

China Battery Firms Pump $4.4bn Into Korea for US EV Credits

The deals follow the introduction of the US's Inflation Reduction Act, designed to wean the US off the Chinese supply…

7 months ago

China’s CATL Posts Record Profit Even As Slowing Demand Bites

The battery giant is shadowed by increasing competition from rivals like BYD, a capacity glut with its production facilities and…

7 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…

8 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,…

9 months ago

Japan Energy Giants Reveal Large-Scale Battery Storage Plan

Batteries are central to Japan’s plan to fuel clean energy expansion and be carbon neutral by 2050

9 months ago