Demand for electric vehicles has been far stronger than the supply of battery materials like lithium, nickel and cobalt.
There has been a surge in the sales of cars that can travel short distances on just electricity and have a gasoline engine for longer trips.
The Senate’s proposal aims to accelerate electric car sales and promote domestic battery manufacturing at China’s expense.
The announcement Wednesday of an agreement in the Senate almost instantly reset the role of the United States in the global effort to fight climate change.
General Motors says it has "contractually secured" all battery raw materials to meet its goal of establishing annual North American production capacity for 1 million EVs by 2025. That confirmation came as part of announcements of two supply deals for raw materials, including one with lithium supplier Livent for lithium hydroxide. The material...
The loan will help the automaker and its supplier build electric vehicle battery factories in Ohio, Tennessee and Michigan.
The automaker said it had reached deals to acquire more battery packs in its push to produce 600,000 electric vehicles a year by the end of 2023.
Solid state batteries could reduce the carbon footprint of electric cars by 39%, according to a new report commissioned by environmental advocacy group Transport & Environment (T&E). Compiled by Minviro, a company that does raw material lifecycle analyses, the reported compares the overall carbon footprint of solid state batteries with two...
One way is through investing in companies that make batteries for those vehicles and those that mine and process the minerals in the batteries.
Panasonic expects to achieve a 20% boost in energy density for EV batteries by 2030, the company's CTO said in an interview with Reuters published Wednesday. The interview preceded the company's announcement to build the largest battery plant in the world in Kansas City. Increasing energy density—essentially increasing the amount of energy...