Panasonic’s battery business foresees a full-year profit due to its partnership with Tesla. Panasonic supplies Tesla with batteries from the Gigafactory in Nevada. The Model 3 and Model Y rely on these batteries, and with […]
As production of the made-in-China Tesla Model Y approaches, the supplier of one of the key components of the electric vehicle (EV) has been chosen. According to a report from Business Korea, the South Korean […]
LG Chem, a key battery supplier for Tesla with a backlog of orders worth more than $125 billion, will reportedly separate its battery business into a new entity, LG Energy Solution. Tesla is reportedly looking […]
Currently two of the most important (and expensive) elements that make up an electric vehicle (EV) battery are nickel and cobalt. That may soon change however based on comments from an executive with the Chinese […]
Electric vehicles (EVs) and EV batteries seem to be making a lot of headlines these days, and that popularity is helping one major supplier turn a profit. LG Chem, which supplies batteries to Tesla, Volkswagen, […]
Last week Tesla revised their building plans for Giga Berlin, removing buildings required for battery pack production. After the change, many were wondering how the automaker was going to source the batteries for the 500,000 […]
LG Chem, one of Tesla’s chief battery suppliers, has announced they have amassed enough orders to keep themselves busy for the next five years. The South Korean battery company controls 24.2% of the global supply, […]
Chinese battery manufacturer Contemporary Amperex Technology Co. Limited (CATL) says they are have developed the mythical 1-million mile battery, and is now ‘ready to produce’. CATL chairman Zeng Yuqun revealed the news in an interview […]
In what could be another big step towards Tesla’s goal of lowering the cost of its electric vehicles (EVs), the automaker has applied to the Chinese government to manufacture lithium iron phosphate (LFP) batteries. According […]
The Chinese battery manufacturer Contemporary Amperex Technology Co. (or CATL) is the largest supplier of electric vehicle (EV) batteries in the world. The company has been in the headlines a lot recently after announcing a […]
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