Battery Metals

The Inflation Reduction Act and the Bipartisan Infrastructure Law have collectively infused billions of dollars into the electric vehicle industry in the United States. The IRA has enabled consumer incentives such as the $7,500 tax credit, while provisions in both policies have incentives for local battery production, and charging infrastructure expansion. Policymakers in Washington have […]

Back in June, GM announced plans to build a fourth major battery plant in the U.S., selecting a site in Indiana for construction. The new facility will be built under a joint venture with Samsung SDI, and will be the first plant built under the new partnership. Now, new details have come to light regarding […]

Canadian support for the construction of three major electric vehicle (EV) battery manufacturing factories will cost around 16% more than initially announced, an independent budgetary watchdog said on Friday. Canada, home to a large mining sector for minerals critical for battery production, has pledged billions in incentives to woo companies involved in all levels of […]

U.S. developers building renewable energy projects and power storage for grids are scrambling to procure critical components, leading to rising costs and project delays. Supply chain problems have tightened supply of high-voltage transformers necessary to connect wind and solar farms and batteries to the grid, projects that are key to the energy transition. The long […]

Electric vehicle sales are booming: 10 million in 2022, a projected 14 million in 2023. At the same time, demand for sustainable power sources for an array of applications is rapidly rising, with even the United Nations calling for investment in “alternative sources of energy that are clean, accessible, affordable, sustainable and reliable.” Demand for power sources that don’t […]

A battery breakthrough made by researchers in Japan could pave the way for next-generation batteries to finally enter mass production. A team from Tokyo University of Science discovered a way to build sodium-ion batteries with an equivalent performance to conventional lithium-ion batteries. Lithium-ion, or li-ion, batteries are found in everything from electric cars to smartphones, […]

Oil giant ExxonMobil is making a foray into electric vehicle batteries, saying it will extract lithium from water in Arkansas. The $100 million Exxon reportedly put into leasing the area where it plans to get the lithium is miniscule, however, compared to its recent $60 billion acquisition of oil company Pioneer Natural Resources. The company […]

The United States and Indonesia on Monday will discuss how to advance a potential minerals partnership aimed a stimulating trade of the electric vehicle (EV) battery metal nickel, according to three people with direct knowledge of the conversations. Next steps that could move the countries toward formal negotiations on the partnership will be discussed when […]

The United States is lagging behind Asia when it comes to battery research, manufacturing, and procurement of raw materials, according to a letter signed by two influential Democratic U.S. senators that was seen by Reuters. The letter, which was written by Senate Intelligence Committee Chair Mark Warner and Energy Committee Chair Joe Manchin, cites experts who […]

Speculation about the future of Proterra’s electric battery packs ended with the news that a U.S. bankruptcy court chose Volvo Group as the winning bidder at auction. Contingent upon merger approval by regulators, Volvo said on Friday that it looks to acquire the battery technology that powers the Thomas Built Buses Jouley electric school bus. […]