Battery Metals

Duke Energy announced it will remove Chinese-made batteries from Camp Lejeune due to potential cybersecurity threats. The decision comes after warnings from U.S. officials that hackers linked to the Chinese government are targeting the U.S. power grid and other critical infrastructure. Duke Energy installed batteries from Chinese manufacturer CATL less than a year ago. They […]

DETROIT — Ford Motor is rethinking its electric vehicle strategies, including “reassessing” the need for in-house production of batteries, CEO Jim Farley said Tuesday. The Detroit automaker previously confirmed plans to delay or cut $12 billion in spending on all-electric vehicles, but the comments made Tuesday are the most detailed about Ford’s changing plans for […]

DETROIT — General Motors plans to spend $19 billion over roughly the next decade through a new supplier deal to source critical materials for use in electric vehicle batteries from LG Chem, the companies said Wednesday. The long-term supplier contract will see LG Chem supply GM with more than 500,000 tons of cathode materials — […]

Canada has overtaken China for the first time in BloombergNEF’s global lithium-ion battery supply chain ranking, claiming the top spot among 30 nations. China fell to second place in 2024 after dominating the annual analysis for the past three years. Canada rose from second place last year to claim the top spot for the first […]

Ministers need to intervene to boost the secondhand electric vehicle market and allay “uncertainty and concerns” over the health of their batteries, a House of Lords committee has said. Peers on the environment and climate change committee urged the government to step up efforts to encourage electric vehicle adoption amid consumer jitters over the cost […]

Does the cold affect your EV’s battery performance and range? Are EVs harder to handle in snow? Here’s what you need to know about winter EV driving. Electric vehicles (EVs) accounted for more than 14 per cent of new car sales in Europe last year and are expected to achieve a 20 per cent market […]

The German government earmarked about €1 billion ($1.1 billion) for raw materials investments as it seeks to reduce dependency on producers such as China for critical minerals, according to people familiar with the plan. A selection process will be established to determine which projects — including in extraction, processing and recycling materials — are eligible, […]

The amount invested in energy storage soared globally during 2023, while battery manufacturing will require the biggest share of spending among clean energy technologies by 2030 to achieve net zero. BloombergNEF has just published the latest edition of its annual ‘Energy transition investment trends’ report for 2024, including the above takeaways. It found that total […]

Uranium miners extended a rally that’s made them the best-performing Australian stocks this year after the world’s biggest producer of the metal used to produce nuclear fuel cut its output target. Kazatomprom lowered its guidance for production for this year by 12% to 14%. The company, listed in London and controlled by the Kazakhstan government, […]

One of the interesting things I’ve been doing is participating in a review group for a European study on heavy vehicle decarbonization comparisons and simulations. That means, among other things, that I’m poking at the assumptions being used. As the paper is in review and assumptions are being tested and improved, I won’t identify the […]