As demand for their electric vehicle (EV) batteries sees exponential growth, Contemporary Amperex Technology Co Ltd. (CATL) is seeking to raise as much as $9 billion (¥58.2 billion) to expand their production. The Chinese battery […]
Contemporary Amperex Technology Co Ltd. (CATL) unveiled a lower-density sodium-ion battery yesterday. Sodium-ion batteries are cheaper and may be integrated with lithium-ion cells in a single case. However, CATL is not just another battery manufacture; […]
CATL has announced they have reached an agreement with Tesla to extend their current electric vehicle (EV) battery supply agreement in China to December 2025. Just last year the two companies agreed to continue their […]
The idea of an Apple Car first started in 2014 with the creation of Project Titan. Rumours grew to a roar last year with the Silicon Valley tech giant reportedly in discussions with the Hyundai […]
One of Tesla’s battery suppliers in China, CATL, is planning to expand their footprint and build a large new facility near Giga Shanghai. According to sources familiar with the plans who spoke to Reuters, the […]
Nissan will invest $1.8 billion in building new EV plants in the UK and Japan. The Japanese automaker will partner with a Chinese-owned battery maker to produce batteries for 700,000 vehicles. The plants will go […]
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 […]
