Piedmont Lithium Inc., an Australian lithium mining company headquartered in North Carolina, has amended its deal with Tesla to supply the electric vehicle (EV) maker with spodumene concentrate (SC6) — reports MarketWatch. Spodumene is a mineral that contains lithium, an integral component of the lithium-ion batteries used in EVs. In 2020, Piedmont struck a deal to […]
Tesla has informed local government officials in Gruenheide, Germany, that it is putting plans for a 50 gigawatt-hour battery production facility at Gigafactory Berlin on the back burner. The automaker will instead divert resources to increasing battery production at its U.S. Gigafactory in Austin, Texas, faster than originally planned, reports Automotive News. “The EV maker […]
Twitter user and Tesla enthusiast Chris Zheng (@ChrisZheng001) on Saturday shared a rumor claiming that the Model 3 and Model Y will get a major upgrade sometime next year. It looks like the Tesla Model 3/Y will be followed by a massive update. – The RWD version will have two new batteries, the LFP blade […]
The world’s electric vehicle (EV) market is growing rapidly as led by the Chinese auto market, and BYD is quickly moving upward as one of the world’s largest EV battery sellers, as shown in a new report. BYD surpassed LG Energy Solutions as the world’s second-largest EV battery seller in July, supplying a total of […]
The world’s largest battery manufacturer has made yet another new factory announcement this week, set to begin building its second European factory upon approval. China-based manufacturer Contemporary Amperex Technology Co. Ltd. (CATL) announced plans to invest 7.34 billion euros ($7.69 billion USD) into a 100 Gigawatt-hour battery plant in Hungary, as detailed in a Friday […]
Panasonic plans to build a new plant in Kansas to produce batteries for Tesla, according to sources speaking with Nikkei. The Japanese company is said to invest “several billion dollars” for its second U.S EV battery factory, with its location chosen based on tax incentives and also its location near Tesla’s Gigafactory in Austin, Texas. […]
LG Energy Solution is planning to invest 730 billion won ($568 million USD) to expand its Ochang, South Korea production facility, according to Reuters. The company will use the funding to add 9 gigawatt-hours of production capacity, primarily to produce increased levels of Tesla’s next-generation 4680 battery cells, with 580 billion won ($449.8 million USD) […]
NIO Hybrid Battery Pack The demand and interest in electric vehicles has sent demand for the rare metal cobalt, skyrocketing. According to data from the Cobalt Institute, EVs have now surpassed smartphones for the first time, as the number one source of demand for the metal, used in lithium-ion batteries, reports the Financial Times. Data […]
U.S. Senators on Friday sent a bipartisan letter to President Joe Biden urging the head of state to invoke the Defense Production Act in an effort to increase domestic production of minerals used in electric vehicle (EV) batteries — reports Yahoo Finance. “In order to address the threats to our national security, we respectfully request that […]
During Tesla’s record Q3 earnings report, the company revealed its vehicle capacity from its factories in California and Shanghai are running at near full capacity. The company’s Fremont factory is able to produce 100,000 Model S/X and 500,000 Model 3/Y, while its Giga Shanghai factory is noted as over 450,000, making for a total of […]
Tesla partner Panasonic has played a major role in the company’s battery production, and the company’s head is now planning to bolster and refine the production of Tesla’s 4860 battery even more so than before. Panasonic’s latest President and CEO Yuki Kusumi hopes to produce more batteries for Tesla than ever before in hopes to […]
Lynn Thompson, a former Tesla employee, has filed a lawsuit against his ex-employer claiming he was fired for reporting the theft of a large amount of copper from the electric vehicle (EV) maker’s battery plant near Reno, Nevada — reports Yahoo! Finance. According to the lawsuit, millions of dollars in copper wire has been stolen from […]
According to the Financial Times, Panasonic CEO Kazuhiro Tsuga wants the electronics manufacturer to decrease its dependency on electric vehicle (EV) manufacturer Tesla as its only buyer of EV batteries by catering to other EV makers across the globe. “At some point, we need to graduate from our one-legged approach of relying solely on Tesla”, said […]
According to a new report from Cairn Energy Research Advisors, Tesla’s lead in battery cell and battery packs, when it comes to cost, will last through 2030. “Tesla is definitely putting the hammer down on the accelerator pedal. They see this as the crucial period and they’re building out their capacities,” said Sam Jaffe, managing director […]
Tesla’s Advanced Battery Research group in Canada has been producing battery technology and filing patents for the company since 2016. And in a new move, Tesla has named a new head of the firm, and one with a wealth of experience already in the field. On Monday, electrek reported that Tesla named Jeff Dahn as […]
