GM said current EVs use batteries that are more expensive than the LMR battery. People will be able to go further and get their car for cheaper with the new battery. Officials said that Lansing’s two GM assembly plants plan to use LMR batteries in the near future.

Much of the global attention around industrial self-sufficiency has focused on the US and China. Yet Japan, too, has been working to reduce its reliance on foreign suppliers in strategic sectors, and particularly when it comes to China. A part of that effort has been to catch up in the electric vehicle battery market. That push is now faltering.

Volkswagen has enhanced its mass-market EV prospects with plans to refresh its lineup using new battery tech.

Panasonic Holdings Corp.’s decision not to rush into expanding capacity to build batteries has been validated by slower global demand for electric vehicles, Chief Executive Officer Yuki Kusumi said.

Conversations about the impending death of the federal electric vehicle tax credit often overlook the fact that there isn’t just one EV tax credit. There are three. House Republicans took the first step toward axing all of them this week,

Battery / EV Metals Price BMI Lithium Carbonate, EXW China, >=99.2% Li2CO3 9,025 BMI Lithium Hydroxide, EXW China, >=56.5% LiOH 9,175 BMI Cobalt Sulphate, EXW China, >20.5% Co 6,742 BMI Nickel Sulphate, EXW China, >22% Ni 3,782 BMI Flake Graphite, FOB China, -100 Mesh, 94-95% C 435

With Canada’s electric vehicle industry stalling this week, some are worried the sector may experience a full-scale power outage in the months ahead.

The Chinese battery giant is planning to raise as much as US$4.0 billion in the year’s biggest listing in Hong Kong.