(Bloomberg) — Tesla Inc. has signed new long-term deals with two of its existing Chinese battery-materials suppliers, the latest move by automakers to secure supplies amid intensifying competition. Zhejiang Huayou Cobalt Co. and CNGR Advanced Material Co. signed pricing agreements with the electric-vehicle giant for supplies until the middle of this decade, according to separate […]
Read More(Bloomberg) — The U.S. is set to give the mining industry a key tool to boost domestic production of metals behind the energy transition — but nothing that speeds up efforts to dig ore out of the ground. President Joe Biden is poised to add battery metals to the list of items covered by the […]
Read More(Bloomberg) — Energy Secretary Jennifer Granholm and Senator Joe Manchin on Friday announced a program to develop lithium batteries in the U.S. as part of a broader strategy to help Appalachia amid a transition away from coal. Lithium-based batteries are critical components of electric vehicles, grid storage and weapons, but the U.S. relies on international […]
Read MoreSolid Power, the solid-state battery developer backed by Ford and BMW, is hitting the public markets running with a spike in stock price shortly after trading opened Thursday. The company is one of a handful in the electric mobility space to have gone public via a merger with a blank-check firm. Solid Power announced the […]
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