Startup Peak Energy received $55 million in funding to scale up production of sodium-ion batteries that the company is positioning as an alternative to lithium-ion technology.
July 17, 2024Batteries News Updates
Sodium-Ion Battery Startup Peak Sparks Lithium Alternative
Battery Maker LG Energy Posts Earnings Miss Amid Weak Demand
Battery maker LG Energy Solution Ltd. badly missed fourth-quarter earnings estimates amid weaker demand for electric vehicles and a drop in lithium prices that hurt revenue.
January 9, 2024VW Sees Positive Results for Potential Breakthrough Battery
Volkswagen said its battery startup has seen positive results with solid-state cells for electric vehicles, a win for the carmaker as it pushes to make EVs more efficient and less expensive.
January 3, 2024Silicon-Focused Battery Startup NanoGraf to Open Chicago Plant
NanoGraf, a startup specializing in high-performance batteries made using silicon, is close to starting operations at a facility near Chicago’s central business district.
December 1, 2023Lithium Price Slump Means Batteries Are Cheaper Than Ever
Lithium's benchmark price in China is now down about 80% from its November 2022 record high. At that time, lithium miners were enjoying soaring profits and carmakers were seeing costs surge.
November 29, 2023Energy Department Announces $3.5 Billion for Battery Funding
The Energy Department is pushing to strengthen the U.S. battery supply chain, announcing up to $3.5 billion for companies that produce batteries and the critical minerals that go into them.
November 15, 2023How Fleet Operators Should Tackle EV Charging Infrastructure
A detailed guide that unpacks all of the challenges fleets need to consider when building EV charging infrastructure themselves — and how to mitigate these challenges by working with a specialized infrastructure partner.
November 1, 2023Ford Pauses Construction of Michigan Battery Plant
Ford Motor Co. is halting construction of a $3.5 billion battery plant in Michigan that drew scrutiny from Republican lawmakers for its ties to a Chinese battery maker.
September 25, 2023Battery Maker Clarios Expands Low-Voltage Systems
Global battery supplier Clarios is expanding its engineering capabilities and developing new technologies to meet the shifting power demands of modern vehicles.
September 5, 2023Why the EV Industry Is Talking About ‘Black Mass’
The latest buzzword in battery materials sounds like a concept borrowed from astrophysics.
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