Tesla just hit a huge manufacturing milestone, and it could be an even bigger win for consumers in the future, as InsideEVs reports. The EV maker posted the news of their 100 millionth 4680 battery cell on X, formerly known as Twitter. The road to the milestone hasn’t always been smooth. It’s been more than […]
Lithium News
Simple voltage pulse can restore capacity to Li-Si batteries
If you’re using a large battery for a specialized purpose—say grid-scale storage or an electric vehicle—then it’s possible to tweak the battery chemistry, provide a little bit of excess capacity, and carefully manage its charging and discharging so that it enjoys a long life span. But for consumer electronics, the batteries are smaller, the need […]
Indonesia forms $1.2 billion battery venture with China’s CATL
Indonesia announced a joint venture with China’s Contemporary Amperex Technology Co. Ltd. to invest $1.2 billion in battery production in the Southeast Asian country, furthering its ambitions to become a global hub for electric vehicles. The Chinese cellmaking giant, through its subsidiary CBL International Development, formed the venture with government-owned Indonesia Battery Corporation, the companies […]
Lithium Americas revamps Thacker Pass deal with GM in new $625 million JV
Shares in Lithium Americas (TSX: LAC; NYSE: LAC) jumped by 20.2% on Wednesday after it announced a new $625 million joint venture agreement with General Motors for its Thacker Pass project in northern Nevada. Under the deal that the developer calls the largest ever by a US original equipment manufacturer in a lithium project, GM […]
The solid-state batteries hype is fading – prompting auto giants to consider alternatives
PARIS, France — The push to commercialize solid-state batteries for electric vehicles (EVs) is well underway, but analysts say auto giants could be on the cusp of turning to a different kind of transformative science. Solid-state batteries have long been billed as the “holy grail” of sustainable driving. As the name suggests, solid-state batteries contain […]
Hyundai wants to develop industry-leading 300Wh/kg LFP batteries for affordable EVs
To be the best, you must beat the best. Hyundai Motor is developing ultra-high-capacity LFP batteries to power upcoming low-cost Hyundai and Kia electric vehicles. Aiming for an energy density of around 300 Wh/kg, Hyundai’s LFP batteries would top China’s CATL and BYD. Hyundai is already proving to be a leader in the shift to […]
Why did a lithium firm sell for billions when the metal’s price is falling?
The price of lithium has been on a roller coaster ride over the past few years. The metal is, of course, a crucial component in batteries. Lithium prices shot up around 2021 as electric vehicle investments and sales took off. Then, last year, prices plunged as more supply came online and EV sales started to […]
Thacker Pass could be largest lithium resource in North America
Construction of Nevada’s next big mine is well underway near the town of Orovada in Humboldt County. Lithium Americas is completing initial dirt work for a massive production facility at its Thacker Pass lithium mine at the southern end of the McDermitt Caldera, which lies about 60 miles northwest of Winnemucca. Construction of the processing […]
Why lithium is critical for battery production
Rio Tinto (RIO) recently announced its agreement to acquire Arcadian Lithium (ALTM) in a deal valued at $6.7 billion, positioning the company to become the world’s third-largest lithium miner. CRU Group vice president of base and battery metals Frank Nikolic joins to discuss his outlook on the lithium market. Nikolic emphasizes that lithium is “a […]
GM’s PowerBank home battery is now available
GM is launching its new PowerBank home battery unit today, which slots right into the company’s lineup of residential energy management products. The battery lets homeowners collect energy at off-peak times from the grid or a solar panel system and then power the home when energy prices peak or when the lights go out without […]