lithium-ion batteries News Updates

Government, Business, Fuel

Stellantis Weighs Offer From Canada to Save Battery Plant

Stellantis NV and LG Energy Solution Ltd. are reviewing an offer from the Canadian and Ontario governments to salvage an electric vehicle battery plant in Windsor, across from Detroit.

June 6, 2023
Government, Business, Fuel

Kentucky Pauses Incentives for Microvast Over China Concerns

NASHVILLE, Tenn. — Kentucky officials say they are pausing $21 million in economic incentives to Microvast for a proposed electric vehicle battery facility.

June 5, 2023
Business, Technology, Fuel

Ford Strikes Lithium Deals to Support EV Output

Ford Motor Co. reached a series of deals to buy lithium from projects in Canada to Chile, as automakers rush to secure the materials needed to build electric vehicles.

May 22, 2023
Business, Fuel, TCA

Michigan Town Rests Economic Hopes on Ford Battery Plant

Advocates for Ford’s $3.5 billion electric vehicle lithium-ion battery plant in Marshall, Mich., say the 2,500 jobs it promises are much needed for the city of less than 7,000.

May 17, 2023
Business, Technology, Equipment, Fuel, TCA

How a Georgia Plant Helps Solve a Huge EV Supply Chain Kink

COVINGTON, Ga. — Ascend Elements takes spent lithium-ion batteries and scrap from EV battery makers and grinds them to dust, salvaging minerals for reuse in new EV power sources.

March 30, 2023
Business, Technology, Fuel

Honda, LG to Build $3.5 Billion Battery Plant, Hire 2,200 in Ohio

COLUMBUS, Ohio — Honda says it will build a $3.5 billion joint-venture battery factory in rural southern Ohio and hire 2,200 people to staff it as the company starts to turn the state into its North American electric vehicle hub.

October 11, 2022
Government, Business, Fuel

Michigan Lures $1.6 Billion Battery Factory in Fight for EV Jobs

Michigan awarded incentives to two new battery projects — a local startup building a cell plant and a Chinese firm that may produce battery components — as Gov. Gretchen Whitmer seeks to secure future automotive jobs in the state.

October 5, 2022
Business, Technology, Fuel

EV Makers Urged to Partner With Miners to Secure Key Metals

A key lithium producer in Australia, the world’s top supplier, is urging electric car manufacturers and battery makers to become its partners in new refinery projects, arguing their direct financial backing is vital to avoid shortfalls of the material that’s crucial to the clean energy transition.

October 3, 2022
Business, Fuel

Lithium Miner Albemarle Lifts Outlook as EV Battery Demand Surges

Albemarle Corp., the world’s largest producer of lithium, raised its outlook for the second time this month as tight supply and growing electric vehicle demand forces battery makers to pay up for the metal.

May 24, 2022

Soaring Lithium Prices May Affect Vehicle Production

Batteries, and more precisely battery metals, are poised to replace chips as the new bottleneck for the auto industry.

April 22, 2022