Tesla wants to produce 1.5 million EVs in 2022, but that is only possible if it can find enough batteries. The company has locked down the material supply to make its battery using two big […]
General Motors has signed a multi-year cobalt supply deal with Glencore as the automaker attempts to secure resources for its upcoming shift to electrification. The deal will see Glencore provide the EV battery ingredient from […]
Toronto-based Electra Battery Materials has announced it has signed a five year cobalt trolling contract with multinational commodity trading and mining company Glencore. The deal will result in the production of low carbon, battery grade […]
Ever since the company’s Battery Day event in September where Tesla CEO Elon Musk talked about the need for environmentally friendly nickel, mining companies have been answering his plea. At least two Canadian mining firms, […]
During the company’s Q2 2020 earnings call, Tesla CEO Elon Musk made a plea to mining firms for a low-carbon solution to providing nickel, one of the key elements in EV batteries. “Tesla will give […]
Tesla has joined the new Fair Cobalt Alliance, which was launched last month and is intended to improve working conditions at small-scale mining operations in the Democratic Republic of Congo (DRC). Cobalt is one of […]
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 […]
Panasonic, one of Tesla’s EV battery suppliers, has announced new developments in their battery technology which will reduce the cost to manufacture them and allow EVs to travel further on a single charge. In an […]
While the deal has yet to be officially announced, Bloomberg is reporting that Tesla has signed a new agreement which will see it buy cobalt from Glencore, a British multinational mining company headquartered in Switzerland. […]
