Report: New lithium mines may bring battery prices down

Lithium SaltsAutomakers continue to express concerns over the supply of raw materials for electric-car batteries. A Bloomberg report suggests that might not be the reality at all. Enough new lithium supplies are coming online that mining companies are concerned about a price collapse. While automakers are preparing a raft of new electric models, they can't...

EV batteries give new jolt to old lithium mining in North Carolina

Fisker flexible solid-state battery materialOne of the biggest challenges for building electric-car batteries has been sourcing enough lithium, which is mostly mined overseas. Though the world has no shortage of lithium, mining and processing operations haven't yet met growing demand for lithium batteries for cars and electronics. Now, a new lithium mine is working to get permits to open...

Panasonic says solid-state batteries are still 10 years off

VW Battery PacksWhile scientists and automakers around the world are racing to develop solid-state batteries for electric cars, Panasonic says don't hold your breath. In an interview, Panasonic North American chief executive officer Tom Gebhardt told Business Insider that the hotly-anticipated battery breakthrough won't make it to production electric cars for...

Supplies may be less of a problem for lithium than financing, report

Lithium-ion cell and battery pack assembly for Nissan Leaf electric car in Sunderland, U.K., plantAs if to confirm one of the biggest concerns of electric-car doubters, lithium prices have tripled since 2015. Not to worry, say those who sell electric cars, the world has no shortage of raw lithium; new businesses just need to jump into the opportunity to open new mines to extract more of the material. Things are not always as simple as they...