LG Energy Solution (LGES) has signed a lithium iron phosphate (LFP) battery supply deal worth KRW5.94 trillion (approx. US$4.25 billion). Although the customer was not named due to...
Chinese battery producer Contemporary Amperex Technology Co. Ltd. (CATL) posted a 34% rise in profit for the second quarter, with its outlook further buoyed by a blockbuster share...
As global demand for alternative battery technologies grows, sodium-ion batteries are emerging as a promising contender in the next phase of energy storage innovation. Yet while Chinese...
Despite posting their highest-ever second-quarter revenues, Hyundai Motor Group is grappling with the growing toll of US import tariffs—a headwind that threatens to deepen in...
Chinese electric vehicle giant BYD has publicly dismissed comparisons to the troubled property developer Evergrande, rejecting online speculation that it might be headed for similar...
China overtook Japan in 2023 to become the world's top automobile exporter — a symbolic milestone for its surging electric vehicle (EV) industry. From battery-electric (BEV)...
In a significant shift within Tesla's supply chain, the electric vehicle maker is expected to adopt high-energy nickel-cobalt-manganese (NCM) batteries from South Korea's LG Energy...
China's Ministry of Commerce recently announced new export restrictions on "battery cathode material preparation technologies," along with five lithium refining technologies and overseas...
Stellantis has announced it is scrapping its hydrogen fuel cell vehicle (FCV) program and cancelling plans to launch a hydrogen-powered van in 2025, delivering a major blow to the...
China has imposed new export controls on key materials and technologies tied to lithium iron phosphate (LFP) batteries, a move industry insiders say global supply chains had been...
South Korea's electric vehicle (EV) battery market is currently under pressure from China, with major players experiencing a year-over-year decline in market share, signaling a significant...
LG Energy Solution (LGES) and General Motors (GM) have decided to convert the second factory of their joint venture, Ultium Cells, located in Spring Hill, Tennessee, from producing...
Taiwan Cement Corporation's lithium battery brand Molicel has begun insurance claim procedures following a fire at its ternary energy facility in Kaohsiung. The incident won't affect...
Leading battery cathode material manufacturer HCM announced that China's Ministry of Commerce has officially imposed export restrictions on "battery cathode material preparation technology."...