EV batteries

Tesla Inc. (NASDAQ: TSLA) is facing an indefinite delay on the supply of lithium chemicals from Piedmont Lithium Inc. (NASDAQ: PLL), Reuters reported Monday. What Happened: North Carolina-based Piedmont Lithium said it will delay the first shipments of lithium spodumene concentrate to Tesla from...

Redwood Materials, founded by Tesla Inc (NASDAQ: TSLA) co-founder JB Straubel, has raised another $700 million for its electric vehicle battery recycling push. What Happened: The Nevada-based company said in a statement it had secured series C funding amounting to more than $700 million from...

Tesla Inc (NASDAQ: TSLA) has signed a deal to secure nickel supplies from BHP, the world’s largest miner, as it looks to shore up supplies of a key ingredient used to build electric vehicle batteries. BHIP shares traded 3.13% higher in Australia after the announcement of the deal. What...

Apple Inc. (NASDAQ: AAPL) is looking to manufacture batteries for Apple Car in the U.S., MacRumors reported Monday, citing a report by DigiTimes. What Happened: Apple may work with Taiwanese battery makers rather than Chinese manufacturers for its long-awaited self-driving car, as per the report....

Chinese battery supplier Contemporary Amperex Technology Co’s Chairman Robin Zeng has zipped past Alibaba Group Holding (NYSE: BABA) co-founder Jack Ma to be the world’s twenty-fifth richest person, as per the real-time Forbes billionaires list. What Happened: The 52-year old...

Tesla Inc (NASDAQ: TSLA) has signed a new long-term battery cell agreement with China’s Contemporary Amperex Technology Co to secure supplies between January 2022 and December 2025, as per an Electrek report. What Happened: The earlier agreement between Tesla and CATL was...

Panasonic Corp (OTC: PCRFY), a key battery supplier and an early investor in Tesla Inc (NASDAQ: TSLA), has shed all of its stake — worth about $730 million — in the Palo Alto, California-based electric vehicle company last fiscal year, as per a Nikkei Asia report. What Happened:...

Tesla Inc’s (NASDAQ: TSLA) co-founder JB Straubel’s EV battery recycling startup Redwood Materials has bought 100 acres of land in Sparks, Nevada, near the electric vehicle maker’s Nevada Gigafactory, as per a TechCrunch report.  What Happened: The acquisition is part of...

QuantumScape Corp (NYSE: QS), a solid-state battery maker for electric vehicles, is considering third-party lab tests for its cells later this year, founder and CEO Jagdeep Singh said on Monday. What Happened: The Bill Gates and Volkswagen AG (OTC: VWAGY)-backed EV battery startup’s...

CATL, a battery supplier to Tesla Inc (NASDAQ: TSLA) and Nio Inc (NYSE: NIO), is planning a major new automotive battery plant in Shanghai, Reuters reported on Thursday — citing sources.  What Happened: The new battery plant would be able to produce 80 gigawatt-hours of battery...

Ford Motor Co (NYSE: F) and South Korean battery maker SK Innovation are close to announcing a battery joint venture in the United States to aid the maker of the F-150 Lightning truck boost its electric vehicle roll-out, Reuters reported Wednesday.  What Happened: Speculation on...

Tesla Inc (NASDAQ: TSLA) purchased key patent applications related to the manufacture of nickel metal cathodes two weeks before the company’s “Battery Day” for $3 from a Canada-based company Springpower, TechCrunch reported Tuesday citing public records. What Happened: One...

Chinese electric vehicle maker Nio Inc. (NYSE: NIO) has confirmed its long-awaited partnership with China Petroleum & Chemical Corporation (NYSE: SNP), or Sinopec, on setting up battery swap stations at Sinopec’s gas filling stations, cnEVpost reported Monday. What Happened: Nio has sent...

Amazon.com Inc (NASDAQ: AMZN)- and Ford Motor Co-backed (NYSE: F)-backed electric vehicle startup Rivian is partnering with South Korean manufacturing company Samsung SDI Co Limited to secure batteries for its upcoming launches, according to TechCrunch.  The two companies didn't ...

Tesla Inc.’s (NASDAQ: TSLA) oldest battery supplier Panasonic Corp. (OTC: PCRFY) believes its ability to produce a next-generation battery will play a crucial role in the electric vehicle maker’s plan to launch a $25,000 electric vehicle, Bloomberg reported Thursday. What Happened:...