European auto giants Mercedes and Stellantis have pressed pause on construction of new battery factories for electric vehicles (EVs) in a move that raises questions about the future of EVContinue Reading
A significant update was recently noticed on the Tesla Megapack website. Until recently, each Megapack was stated as having a capacity of 2.6 MWh of energy storage. Without fanfare, theContinue Reading
Tesla has disclosed financial information for the first quarter of 2022. The financials are impressive, but there is something more in the report that is rather intriguing. According to theContinue Reading
LFP (lithium iron phosphate) batteries may not have the energy density of cobalt and nickel batteries, but they do have one significant advantage: the raw ingredients required to create themContinue Reading
Reliance New Energy Limited (“Reliance”) has signed formal agreements to purchase practically all of the assets of Lithium Werks BV (“Lithium Werks”) for a total transaction value of USD 61Continue Reading
Shenzhen-based Gotion High-Tech said this week that it has agreed to deliver 200 GWh of lithium-iron-phosphate (LFP) batteries to a major publicly traded US automaker between 2023 and 2028. GotionContinue Reading
Tesla has agreed to purchase 45 GWh of lithium-iron-phosphate (LFP) batteries from CATL to meet anticipated demand for the Model 3 and Model Y in 2022, according to the ChineseContinue Reading
Tesla Model Y and Model 3 sedans with standard-range batteries will now use lithium-iron phosphate (LFP) batteries. The information was revealed in the company’s earnings report for the third quarter.Continue Reading
