Batteries News Updates

BusinessTechnologyFuel

Sodium-Ion Battery Startup Peak Sparks Lithium Alternative

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, 2024
GovernmentBusinessTechnologyFuel

Key EV Battery Material Can Come From Methane

Graphite is key to manufacturing the lithium-ion batteries that power electric cars, and there has been a push to grow a U.S. supply chain.

June 20, 2024
BusinessEquipment

Vanair Expands Roadside Jump-Pack With New Adapter Kits

NEW ORLEANS — Vanair, a provider of roadside restart and mobile generator products, has introduced three adapter kits for its dual voltage Start-All Jump-Pack lithium-ion jump-starter.

March 4, 2024
BusinessTechnology

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, 2024
BusinessTechnology

VW 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, 2024
BusinessTechnologyFuel

Battery Startup ONE Demotes CEO Amid Cash Crunch

Our Next Energy Inc., a battery startup hoping to rival China with vital energy storage technology, has replaced founder and CEO Mujeeb Ijaz as it faces a failed funding round and cash crunch.

December 11, 2023
GovernmentBusinessTechnology

Silicon-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, 2023
GovernmentTechnologyEquipment

Lithium 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, 2023
BusinessTechnologyEquipment

Ford Scaling Back Planned Michigan Battery Plant

Ford Motor Co. is resuming construction on a Michigan electric vehicle battery plant that the company postponed two months ago during a strike by the United Auto Workers union.

November 21, 2023
GovernmentTechnologyEquipment

Energy 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, 2023