$2B DOE loan to Redwood Materials could boost US EV battery content

Redwood MaterialsBattery-recycling firm Redwood Materials may soon received a $2 billion loan from the U.S. Department of Energy (DOE) to expand its operations. The DOE on Thursday made a conditional commitment for the loan, which would go toward a $3.5 billion recycling and remanufacturing facility in Nevada, according to a Reuters report. The loan, which must...

Report: Small VW EV, battery plant considered for North America

2021 Volkswagen ID.4Volkswagen has approved an EV slotting below the ID.4 for the North American market, and it's considering a battery plant in Ontario, according to German business daily Handelsblatt. The report notes five recent entries in the Canadian province's Registry of Lobbyists for VW, including one that mentions CEO Oliver Blume, who last year said that...

Study: Smaller EV batteries would lessen lithium-mining mess

CATL Evogo battery swappingReducing the size of EV batteries and generally lowering levels of car ownership and use could have a significant environmental impact by cutting messy lithium mining, according to a new study commissioned by the Climate and Community Project, a climate policy think tank. The study, using UC Davis research (and first spotted by Green Car...

Tesla’s Nevada Gigafactory expansion: Batteries for 1.5M EVs annually

Artist's impression of upgraded Tesla plant near Reno, NevadaTesla has confirmed a $3.6 billion expansion of its Nevada battery "Gigafactory" that the company claims will supply over one million EVs annually. The investment will add 3,000 new jobs and two new factories at the Sparks, Nevada, site, Tesla said in what reads as a press release—with a few more details confirmed as part of Tesla's...