Cars that burn petrol and diesel must be replaced with renewable alternatives if the climate crisis is to be overcome. Electric vehicles (EVs) are widely viewed as the best option available. This is because EVs can be powered by renewable electricity from the grid, avoiding the need for fossil fuels. They can store and release […]
Battery Metals
NIO completes 30 million global battery swaps, further proving the process’s viability
EV automaker NIO continues to be the only passenger vehicle manufacturer to demonstrate the true potential of battery swap stations. Earlier today, the company live streamed its 30 millionth battery swap, hitting a milestone for the nascent technology, but also providing further evidence of how quickly NIO’s battery swap process is catching on amongst EV […]
Australia’s EcoGraf considers battery anode material facility development in Vietnam
Australia’s EcoGraf (EGR.AX) said on Monday it would evaluate prospects of developing a battery anode material (BAM) facility in Vietnam in collaboration with local lithium-ion battery manufacturer VinES Energy Solutions (VinES). The Australian graphite producer will support VinES with its U.S.-patented BAM processing technology, whereas VinES, a member of the Vin Group, will provide its […]
Volkswagen, Umicore venture picks Poland for first car battery parts plant
The auto battery parts joint venture between Volkswagen’s (VOWG_p.DE) PowerCo and Belgian materials firm Umicore (UMI.BR) has chosen Poland as the site for its first factory, PowerCo said on Saturday. Through the $2.9 billion joint venture, dubbed Ionway, first flagged in December 2021, the companies are joining a number of European automakers that have brought […]
China’s giant iron ore buyer starts supply talks with top miners
China Mineral Resources Group Co., the buying agency set up to increase Beijing’s clout in iron ore, is in negotiations with Rio Tinto Group and other leading miners over next year’s supply, according to people familiar with the matter. In the talks with the world’s four largest suppliers — which also include BHP Group Ltd., […]
EV Battery Factory in Kansas to be Powered by Coal, At Least Temporarily
A new electric vehicle battery factory in Kansas needs so much energy that the state is delaying the retirement of a coal plant to make sure the facility has enough power. The $4 billion Panasonic electric vehicle battery factory is located in De Soto, Kansas. Panasonic broke ground on the facility last year. The Japanese company is […]
LG Energy Solution to invest $3B in Michigan for battery supply deal with Toyota
Michigan is getting a $3 billion investment for production of lithium-ion battery modules under a new supply agreement between LG Energy Solution and Toyota Motor North America, Inc., the two companies said Wednesday. LG Energy Solution plans to install new production lines at its Holland plant in west Michigan for battery cells and modules to […]
Will These Beat Solid-State Batteries To Market?
The early months of the pandemic saw automakers scramble not only for computer chips but also for battery supplies, as demand for EVs surged unexpectedly and dealerships were emptied out in a matter of months. But automakers are now scrambling to bet on technologies that might arrive a few years down the road, all in […]
Energy company ‘doubling down on costly, dirty coal’ to power massive EV battery plant
A Kansas energy provider paused plans to transition away from coal power and will try to raise its rates to meet the energy demands of a new, $4 billion electric vehicle (EV) battery manufacturing factory. “Evergy is doubling down on costly, dirty coal and asking Kansans to foot the bill,” Ty Gorman, a campaign representative […]
Tech expert reveals the fate of certain old EV batteries when they die: ‘The process is fascinating’
The electric vehicle sector is taking off in the United States, with the 918,500 in the light electric vehicle category sold in the country last year marking a record high, according to Statista. While the market is beginning to thrive, some EVs will be taken off the road for reasons such as accidents or mechanical […]