News
US raid disrupts construction at multiple South Korean battery plants
The top South Korean battery maker is building three other production lines in Arizona, Michigan and Ohio The immigration raid at an LG…
Tag
Battery
Business
Chinese battery maker CATL expects Hungarian production to start by early 2026
The battery maker has been extending its lead in the EV battery market, with a 38% share globally in 2024, up from 36% a year earlier…
Business
MIT scientists may have just cracked the code on EV battery recycling
This year, global EV sales are expected to jump almost 25% compared with 2024. As the demand for electric vehicles soars, there’s a…
Business
In Finland, this giant battery is helping heat apartments and offices—using sand
A small town in Finland is experimenting with a new type of infrastructure: the world’s largest sand battery. The battery—a 42-foot-tall,…
Business
Smarter AI is supercharging battery innovation
The global race for better batteries has never been more intense. Electric vehicles, drones, and next-generation aircraft all depend on…
Business
Australia activates Blackrock’s A$1 billion super battery which will be world’s most powerful
The country leads globally in rooftop solar per capita, which floods the grid with cheap daytime power but also creates challenges for…
News
Does Trump’s Interior Secretary Know What a Battery Is?
“We have agreed to extend, for a 90 Day period, the exact same Deal as we had for the last short period of time, namely, that Mexico will…
Business
Chinese battery maker CATL reports faster profit growth in second quarter
Chinese electric vehicle (EV) battery giant Contemporary Amperex Technology Co Limited’s (CATL) net profit growth picked up in the second…
Business
Tesla signs US$4.3 billion LGES battery deal, source says, reducing China reliance
South Korea’s LG Energy Solution (LGES) has signed a US$4.3 billion deal to supply Tesla with energy storage system batteries, said a…
Business
US set to impose 93.5% duty on China battery material
The US Commerce Department imposed preliminary anti-dumping duties of 93.5 per cent on Chinese imports of graphite, a key battery…
Business
BYD, other EV battery makers face more pressure to cut emissions
Electric vehicle (EV) battery suppliers, including BYD and EVE Energy, need to step up efforts to switch to clean power at manufacturing…
Business
CATL breaks ground on US$6 billion Indonesia battery venture
world’s top maker of electric-vehicle batteries broke ground on a US$6 billion battery material ecosystem in Indonesia as the government…
Business
This battery recycling company is now cleaning up AI data centers
The event marked the launch of the company’s new business line, Redwood Energy, which will initially repurpose (rather than recycle)…
Business
World’s biggest sand battery to heat Finnish town without fossil fuels
A small town in Finland is about to ditch fossil fuels in its heating network thanks to a sand-filled energy storage tank the size of a…
Business
RGE, TotalEnergies to develop solar power plant with battery storage in Indonesia
RGE and TotalEnergies on Wednesday (May 28) have signed a co-investment agreement to jointly develop a solar power plant with battery…
Business
US sets the stage for duties on battery materials from China
The US Commerce Department set the stage for anti-subsidy duties on imports of key battery components from China, after concluding…
News
The path to battery leadership for the U.S. starts with tech
China produces 75% of the world’s batteries. South Korea and Japan control much of the remaining supply chain. With tariffs looming over…
Business
China EV battery giant CATL’s Hong Kong IPO positive for mainland listings: Morningstar
Chinese electric vehicle battery maker Contemporary Amperex Technology Company Limited (CATL) seemed poised for a winning start in its…
Business
Nissan drops plan for Fukuoka battery plant to focus on recovery
The company is betting on a broad restructuring and new leadership team helmed by chief executive officer Ivan Espinosa, who took office…
Business
US House committee calls on JPMorgan, BofA to drop roles in mega HK listing of battery maker CATL
The chairman of a US congressional committee on China is calling on Bank of America and JPMorgan Chase to withdraw from working on the…
Business
US House committee calls on JPMorgan, BOA to drop roles in mega HK listing of battery maker CATL
The chairman of a US congressional committee on China is calling on Bank of America (BOA) and JPMorgan Chase to withdraw from working on…
News
China to tighten EV battery rules to reduce fire and explosion risks
The standards, said to have been approved by regulators in March but not publicly available until now, are to be implemented from July…
Business
CATL reports 33% jump in net income even as battery prices fall
Chinese battery making giant Contemporary Amperex Technology Co Limited (CATL) reported a 33 per cent jump in first-quarter earnings,…
Business
Toyota raises full-year profit outlook by 9% to 4.7 trillion yen, to establish EV, battery unit in China
TOYOTA Motor raised its full-year operating profit forecast by 9 per cent on Wednesday, in a sign of confidence in its ability to ride out…