U.S. Accuses Two Men of Stealing Tesla Trade Secrets
Federal prosecutors said the pair tried to sell technology to manufacture batteries for electric cars that belonged to the company.
Storing Renewable Energy, One Balloon at a Time
To decarbonize the electrical grid, companies are finding creative ways to store energy during periods of low demand.
Nio and CATL ally for longer-life EV batteries, swapping tech
Chinese automaker Nio is partnering with battery supplier CATL for research into longer-life EV batteries, including for use with Nio's battery-swapping service. The two companies "will jointly carry out discussions, make technological breakthroughs and innovation, and promote product applications," according to a Nio press release, with CATL... Energy Department Offers $2.3 Billion Loan to Boost Lithium Production
Demand for lithium, which is used in electric vehicle batteries, has soared but domestic production of the metal has lagged behind other countries.
BMW Is a Surprise Winner in Electric Vehicles
Once considered a laggard, the German luxury carmaker is one of only a few established automakers that has been able to compete effectively against Tesla.
Toyota’s Hybrid-First Strategy Is Delivering Big Profits
Toyota, the world’s largest automaker, has been criticized for selling few electric vehicles, but its decision to focus on hybrids is paying off financially.
20-year EV battery, 9-minute charging in Samsung SDI roadmap
Samsung SDI this week presented a battery-development roadmap with ambitious performance targets for charging, energy density, and battery life. On the charging front, the company believes it can begin mass-producing battery cells capable of being charged from 8% to 80% in just nine minutes by 2026. This will be made possible by "optimizing... Analysts: 40% drop in 2023-2025 EV battery prices will boost sales
A number of factors may be converging to lower EV battery prices, which in turn could boost EV demand, according to new analysis from Goldman Sachs. Analysts expect nearly a 40% decline in EV battery prices between 2023 and 2025, and for EVs to "reach breakthrough levels in terms of cost parity" with internal-combustion vehicles in some markets as... After Gains at Big Three, U.A.W. Aims at Nonunion Plants
A looming union election at a Volkswagen plant in Chattanooga could determine the trajectory of union organizing at more than a dozen auto factories.
A Wrecking Ball From China Is Heading Toward the Big 3 Automakers
Do we really want America to become a backwater of bloated, expensive, gas-guzzling cars?