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News

Panasonic Finds Financial Success as Tesla’s Battery Supplier

February 4, 2021 Darryn John 0

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 […]

MIC Model Y
Model Y

LG Chem signs contract to be sole battery supplier for Tesla Model Y in China

November 22, 2020 Darryn John 0

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
News

Tesla considering investing in LG Chem EV battery business: Report

September 29, 2020 Mike Flemming 0

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 […]

CATL
News

CATL developing EV battery without cobalt or nickel

August 15, 2020 Mike Flemming 0

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 […]

LG Chem
News

Tesla battery supplier LG Chem expects continued growth and profitability in Q3

July 31, 2020 Darryn John 0

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, […]

Giga Berlin render
News

Giga Berlin will have local battery cell production. But from who?

July 27, 2020 Mike Flemming 0

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 […]

Tesla Giga Shanghai video
News

LG Chem has backlog of orders worth more than $125 billion

July 16, 2020 Darryn John 0

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, […]

CATL
News

CATL reportedly ready to produce 1-million mile EV battery for any manufacturer who wants one

June 9, 2020 Darryn John 0

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 […]

Tesla Model 3 China ceremony
News

Tesla applies to build Model 3 in China with LFP batteries

May 23, 2020 Mike Flemming 0

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 […]

CATL
News

CATL chairman discusses partnership with Tesla and EV batteries in recent interview

May 23, 2020 Darryn John 0

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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