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 […]
One of Tesla’s main battery suppliers in China is reportedly set to more than double its production capacity in order to keep up with orders from the electric vehicle (EV) automaker. According to a report […]
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 […]
General Motors is voluntarily recalling more than 68,000 Chevrolet Bolt EVs over concerns of potential battery fires. The recall, which impacts Bolt EVs made between 2017 and 2019, but does not include the newest 2020 […]
One of Tesla’s main battery suppliers has revealed it is developing a new battery that could dramatically increase performance in electric vehicles (EVs). LG Chem announced Wednesday the “new form-factor” cylindrical battery increases energy density […]
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 […]
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, […]
In 2019 Hyundai Motor Group sold 86,434 battery electric vehicles (BEV), topping the likes of Volkswagen, which sold 73,278 BEVs during the same time period. Those numbers are far behind the 367,500 electric vehicles Tesla […]
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 […]
Ford and Volkswagen (VW) both have ambitious plans to release a number of electric vehicles (EVs) over the coming years. Those plans could be in jeopardy due to an ongoing dispute between two South Korean […]
