By Timothy Gardner WASHINGTON (Reuters) -The U.S. Energy Department on Monday canceled a $200 million grant for lithium battery company Microvast Holdings, a source familiar with the matter said, after …
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By Paul Lienert (Reuters) – General Motors has said it will have the capacity to build 1 million electric vehicles in North America by 2025, but a slow ramp-up of …
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(Reuters) – Tesla Inc has applied for regulatory clearance to expand its Shanghai plant and to begin producing for the first time pouch-type battery cells, albeit in small numbers. An …
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By Victoria Waldersee BERLIN (Reuters) – Chinese investment in Europe is shifting from mergers and acquisitions to greenfield projects mainly in battery production for electric vehicles, according to 2022 data …
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Massive EV Battery Packs Could Exacerbate ‘Fatality Crisis’ On US Roads, Experts Warn John Hugh DeMastri on May 1, 2023 Safety experts are increasingly raising concerns that the large weight …
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By David Shepardson WASHINGTON (Reuters) – United Auto Workers (UAW) union President Shawn Fain and U.S. Senator Bernie Sanders on Thursday criticized a General Motors joint venture battery plant for …
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By David Shepardson WASHINGTON (Reuters) – California-based battery manufacturer startup Sparkz Inc said Tuesday it had agreed to a partnership with the United Auto Workers (UAW) union as it finalizes …
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SEOUL (Reuters) – Samsung SDI Co Ltd said on Tuesday it will invest $3 billion or more to build a joint venture electric vehicle (EV) plant with General Motors Co …
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CHICAGO, IL – Mark Williams, a 28-year-old man from the 7500 block of S. Calumet Ave in Chicago, has been charged with one felony count of aggravated domestic battery and …
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HONG KONG (Reuters) – China’s BYD Co Ltd, the world’s largest electric vehicle (EV) maker, plans to build a $290 million lithium cathode factory in Chile’s northern Antofagasta region, said …
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STOCKHOLM(Reuters) – Truck-maker Scania and battery producer Northvolt on Tuesday said they had developed an electric battery with a lifetime equivalent to that of a truck. The Swedish companies said …
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SYDNEY (Reuters) – The state of Western Australia will allocate land to a battery metal processing facility proposed by IGO Ltd and Wyloo Metals, which is backed by billionaire Andrew …
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South Korea to offer $5.3 billion in financing to support battery investment in North America
by ReutersBy Heekyong Yang SEOUL (Reuters) – South Korea on Friday said it will provide 7 trillion won ($5.32 billion) in financial support for its battery makers seeking to invest in …
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(Reuters) – Carmaker Stellantis NV said on Friday its Portugal plant would become the first assembly plant in the country to produce large series fully battery electric compact vans by …
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MELBOURNE (Reuters) – Australia’s revenue potential from developing a battery industry has doubled to A$16.9 billion ($11.28 billion) by 2030 in less than two years, highlighting the speed of the …
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China battery giant CATL’s $5 billion Swiss listing delayed amid Beijing regulatory concerns – sources
by ReutersBy Scott Murdoch, Julie Zhu and Kane Wu HONG KONG (Reuters) – Chinese battery giant CATL’s plan to raise at least $5 billion in Swiss global depository receipts (GDR) has …
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SHANGHAI (Reuters) – Tesla Inc Chief Executive Elon Musk and Chinese electric vehicle and battery maker BYD Co Ltd on Tuesday denied a media report that said the U.S. company …
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TOKYO (Reuters) – Japan and Canada are discussing collaboration on building strong supply chains for battery metals, Japan’s industry minister, Yasutoshi Nishimura, said on Tuesday. A public-private mission led by …
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SHANGHAI (Reuters) – Chinese battery giant CATL posted sharply slower growth in fourth quarter net profit, after COVID-19 outbreaks and consumer caution hit electric vehicle (EV) demand in the world’s …
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NEW YORK, NY – The New York City Fire Department says a five-alarm fire in the Bronx that destroyed a building at 2096 Grand Concourse in the Bronx was sparked …
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FRANKFURT (Reuters) – Mercedes-Benz laid the foundation stone for a sustainable battery recycling factory in Kuppenheim, southern Germany on Friday. The pilot plant will have an annual capacity of 2500 …
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MEXICO CITY (Reuters) – Mexico would not be able to match the incentives offered under a U.S. act to tame inflation if Tesla Inc builds a battery plant in the …
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MADRID (Reuters) – A joint venture between the U.S. unit of Spanish engineering group ACS and Philadelphia-based Yates Construction has won a contract to build an electric vehicle (EV) battery …
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(Reuters) – Ford Motor Co will halt production of its electric F-150 Lightning pickup for another week following a battery issue that caused an EV truck to catch fire earlier …
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Battery Industry Is Already Calling For More Handouts In Order To Compete With China John Hugh DeMastri on February 22, 2023 A trio of battery trade groups have called on …