EV batteries see a change after major gamechangers arrive
As the automotive sector strives to meet the rising demand for affordable electric vehicles (EVs), there has been a concerted effort to develop cost-effective battery solutions. Among these options, lithium iron phosphate (LFP) has emerged as a promising material for EV batteries due to its various advantages. Notably, LFP has gained traction due to environmental […]
Exclusive Tesla supplier Catl plans a major battery plant in Shanghai
China’s CATL is planning a major new automotive battery plant in Shanghai. Continuing a blistering pace of expansion that will cement its lead as the world’s No.1 supplier. The factory in Shanghai will put it close to Tesla Inc’s Chinese production base after it began supplying batteries for the U.S. automaker’s Model 3 cars in China last […]
Tesla to buy more than $1 BLN of Australian battery minerals a year
Tesla said that it expects to spend more than $1 billion a year on battery raw materials from Australia given the country’s reliable mining industry and responsible production practices. Robyn Denholm, chair of the U.S. carmaker, said that Australia, which is rich in minerals used for batteries like lithium and nickel, is poised to benefit as […]