EV batteries

Romeo Power Inc (NYSE: RMO), the electric vehicle battery maker which went public recently via a special purpose acquisition company, saw its shares close 59.60% higher on Tuesday. What Happened: The California-based company has signed a long-term contract with medium- and heavy-duty truck maker...

Apple Inc (NASDAQ: AAPL) will be using battery packs from Tesla Inc (NASDAQ: TSLA) at its California Solar Project, The Verge reported on Wednesday.  What Happened: Apple earlier in the day announced details related to the under-construction California Solar Project capable of storing 240...

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk tempered down expectations on the automaker’s cell and electric truck production numbers. What Happened: The executive disclosed that the company was “too cell-constrained” in a response to a question related to the Tesla Semi on Twitter. We...

Cathie Wood’s Ark Investment Management remains unimpressed by what it describes as "linear thinking" of Volkswagen AG (OTC: VWAGY) on batteries. What Happened: Ark analyst Sam Korus touched on Volkswagen’s “Power Day” in the company’s weekly newsletter...

The electric vehicle sector is set to explode over the next 10 years and the U.S. is looking to create a supply chain with Canada. What Happened: Tesla Inc (NASDAQ: TSLA), Talon Metals Corp. (OTC: TLOFF) and Livent Corp (NYSE: LTHM) were among 30 EV and battery manufacturers, in addition...

Tesla Inc (NASDAQ: TSLA) pays significantly less than its rivals for lithium battery cells and has the lowest cost EV battery packs, according to Cairn Energy Research Advisors, CNBC reported Wednesday. What Happened: The Elon Musk-led company spends 10% less on battery packs than its nearest rival...

Tesla Inc (NASDAQ: TSLA) vice president of external affairs Grace Tao added her voice over the weekend on Chinese social media to the growing discussions in the country on whether Tesla would get involved in the battery swap business, CnEVpost reported. What Happened: Tao said that Tesla had tried...

Elon Musk could face a stiff challenge from India’s richest person Mukesh Ambani as Tesla Inc.’s (NASDAQ: TSLA) founder intensifies focus on expanding his business in the South Asian nation. What Happened: Ambani’s Reliance Industries said Sunday it has acquired a majority stake...

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk appeared on Clubhouse on early Monday morning and talked about a wide variety of subjects ranging from colonization of Mars to the latest on his companies. On The Future of Tesla: The entrepreneur said that the automaker wants to make 20 million cars and...

Tesla Inc (NASDAQ: TSLA) supplier LG Energy Solution, which spun-off from LG Chem earlier this month, has signed a $9.8 billion electric vehicle battery investment agreement with Indonesia, Reuters reported Wednesday (Jakarta time). What Happened: The memorandum of understanding (MOU) was...

Tesla Inc (NASDAQ: TSLA) supplier Panasonic Corporation (OTC: PCRFF) (OTC: PCRFY) will set up a prototype production line to make a new cheaper battery variant for the automaker, Nikkei Asia reported on Sunday. What Happened: The Japanese company is set to begin producing the new battery...

Battery packs used in electric vehicles are becoming cheaper and for the first time are nearing competitive parity in terms of cost with gasoline-powered vehicles, according to a survey conducted by Bloomberg. What Happened: The average price per kilowatt-hour (kWh) for a lithium-ion battery pack...

Tesla Inc (NASDAQ: TSLA) supplier LG Chem is planning to double its battery cell manufacturing capacity in China to meet the electric vehicle maker's demand, Reuters reported Tuesday. What Happened: The South Korean battery maker reportedly plans the move to keep up with Tesla’s...

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk said Tuesday that the automaker’s Berlin gigafactory would feature the largest battery-cell manufacturing facility in the world. What Happened: Musk’s revelations regarding Berlin Gigafactory came at a battery conference organized by...