As more electric vehicles enter the market from global automakers, there are concerns about securing an ample supply of raw materials, including cobalt and lithium used in EV battery cell production. On Tuesday, U.S. lawmakers moved closer to developing a national electric vehicle supply chain policy, with senators voicing bipartisan support for legislation designed to counter China's dominance in metals production and EV battery manufacturing.
Eric Walz2019-05-15 10:00 PT
Major automotive part supplier Johnson Controls is exiting the auto industry. The company announced sale of its automotive battery business Power Solutions to a group led by Canada-based Brookfield Business Partners LP for $13.2 billion in cash.
Xiaoli Tian2018-11-19 12:53 PT
German battery maker Varta has reached a research agreement to lay the groundwork for mass production of lithium-ion battery cells for electric cars.
Eric Walz2018-11-19 11:31 PT
German automaker BMW is partnering with Swedish battery company Northvolt and Belgian materials recycling group Umicore on a project to create a sustainable life cycle for the EV batteries used in future models, the companies said on Monday.
Eric Walz2018-10-15 12:51 PT
German automakers, including Volkswagen and BMW, are fearful that the country may not have sufficient production facilities to meet the demand for electric vehicle battery cells, as the country’s major automakers make plans electrify their model lineups.
Eric Walz2018-07-09 11:00 PT
The increasing sales of electric vehicles (EVs) has led to rapidly increasing demand for lithium. As a result, the financial industry is stepping up to help investors looking to cash in on the demand.
Eric Walz2018-01-19 12:32 PT
Eric WalzJun 18, 2019 1:23 PM PT
Manish KharintaJun 17, 2019 10:20 AM PT
Vineeth Joel PatelJun 16, 2019 6:00 AM PT