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, 2023lithium-ion batteries News Updates
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, 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, 2023EV Battery-Recycling Pioneer Li-Cycle Pauses Construction
Li-Cycle Holdings Corp., which is in line for $375 million in federal funding, announced it would pause construction on a first-of-its-kind lithium-ion-battery recycling plant.
October 23, 2023EV Makers Racing for Supplies of Lithium for Batteries
Threatened by possible shortages of lithium for electric car batteries, automakers are racing to lock in supplies of the mineral in a politically and environmentally fraught competition.
June 28, 2023Stellantis Weighs Offer From Canada to Save Battery Plant
Stellantis NV and LG Energy Solution Ltd. are reviewing an offer from the Canadian and Ontario governments to salvage an electric vehicle battery plant in Windsor, across from Detroit.
June 6, 2023Kentucky Pauses Incentives for Microvast Over China Concerns
NASHVILLE, Tenn. — Kentucky officials say they are pausing $21 million in economic incentives to Microvast for a proposed electric vehicle battery facility.
June 5, 2023Ford Strikes Lithium Deals to Support EV Output
Ford Motor Co. reached a series of deals to buy lithium from projects in Canada to Chile, as automakers rush to secure the materials needed to build electric vehicles.
May 22, 2023Michigan Town Rests Economic Hopes on Ford Battery Plant
Advocates for Ford’s $3.5 billion electric vehicle lithium-ion battery plant in Marshall, Mich., say the 2,500 jobs it promises are much needed for the city of less than 7,000.
May 17, 2023How a Georgia Plant Helps Solve a Huge EV Supply Chain Kink
COVINGTON, Ga. — Ascend Elements takes spent lithium-ion batteries and scrap from EV battery makers and grinds them to dust, salvaging minerals for reuse in new EV power sources.
March 30, 2023Trending
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