Tesla Model 3 battery change for China will free up cobalt cells for Semi

2020 Tesla Model 3Tesla's Gigafactory Shanghai will make some Model 3 sedans with lithium iron phosphate (LFP) batteries starting later this year. CEO Elon Musk confirmed the move, which had been reported by business press and insiders for months, during a Q2 financial update call Wednesday. And he clarified the motivation behind the move: to free up more...

Sweden’s Northvolt will make $2.3B of electric-car batteries for BMW

BMW Concept i4As it ramps up electric-car production, BMW has inked a battery-supply deal with Sweden's Northvolt. BMW plans to buy 2 billion euros ($2.3 billion) of batteries from Northvolt beginning in 2024. Batteries will be manufactured at a factory currently under construction Skelleftea, Sweden, which will use 100% renewable energy, according to a BMW...

Analysis: Range is a red herring and we don’t need a 500-mile EV

2020 Hyundai Ioniq ElectricRange is glamorous. And big batteries have a wow factor that appeals both to luxury shoppers expecting excess and to tech-savvy people for the mind-boggling amount of energy packed neatly under the floor. It’s easy to understand the mindset. The idea of a 400-, 500-, or 600-mile range in an electric vehicle appeals to the same side of the...

Hyundai-Kia and LG Chem hope to woo battery-tech startups

2020 Hyundai Kona ElectricHyundai, sibling brand Kia, and battery maker LG Chem are launching a competition for battery-tech startups. The "EV & Battery Challenge" will select up to 10 battery startups for "potential investment and collaboration," Hyundai said in a press release Monday. Those startups will work with Hyundai, Kia, and LG Chem on "proof of concept...

Volkswagen boosts investment in solid-state EV battery firm QuantumScape

Volkswagen ID Buzz Cargo conceptVolkswagen is increasing its stake in solid-state battery firm QuantumScape. The German automaker said in a press release Tuesday that it will invest an additional $200 million in the U.S.-based battery company. VW has been collaborating with QuantumScape since 2012, and claims to be the company's largest automotive investor, with a previous...

Mercedes-Benz details how it will ramp up battery production for EVs

Mercedes-Benz battery productionMercedes-Benz has ambitious plans to produce 50,000 electric cars this year, and now the German automaker has offered more detail on how it plans to supply those cars with batteries. In a press release, parent company Daimler said it would establish a "global network" of nine battery factories at seven locations in Europe, North America, and Asia...