Chinese automaker Nio is partnering with battery supplier CATL for research into longer-life EV batteries, including for use with Nio's battery-swapping service. The two companies "will jointly carry out discussions, make technological breakthroughs and innovation, and promote product applications," according to a Nio press release, with CATL...
Chinese automaker Nio is partnering with battery supplier CATL for research into longer-life EV batteries, including for use with Nio's battery-swapping service. The two companies "will jointly carry out discussions, make technological breakthroughs and innovation, and promote product applications," according to a Nio press release, with CATL...
Samsung SDI this week presented a battery-development roadmap with ambitious performance targets for charging, energy density, and battery life. On the charging front, the company believes it can begin mass-producing battery cells capable of being charged from 8% to 80% in just nine minutes by 2026. This will be made possible by "optimizing...
A number of factors may be converging to lower EV battery prices, which in turn could boost EV demand, according to new analysis from Goldman Sachs. Analysts expect nearly a 40% decline in EV battery prices between 2023 and 2025, and for EVs to "reach breakthrough levels in terms of cost parity" with internal-combustion vehicles in some markets as...
Lithium supply may soon exceed demand for use in EV batteries, potentially bringing price parity with internal-combustion vehicles later this decade, according to a new study from the International Council on Clean Transportation (ICCT). New emissions rules proposed by the EPA are expected to boost EV sales to 67% of total U.S. new-car sales by...
General Motors has hired former Tesla battery-development boss Kurt Kelty as its new vice president of batteries. In this newly-created position, Kelty will be tasked with bringing together GM's development resources "to more quickly deliver profitable, lower-cost, higher performing electric vehicles to customers at scale," and will report...
An entry-level Toyota EV is unlikely in the near future due to high battery costs, an executive said in a recently published interview with Autocar. Some automakers are launching small, affordable EVs for the European market, but Toyota currently has no plans to follow them, Andrea Carlucci, the automaker's European development boss, said. That's...
China is leading the U.S. and Europe on EV battery recycling, according to a new Bloomberg report, and it may add to China's EV advantages in the future. The battery-recycling business in China is booming, according to the report, which cites data from consultancy Circular Energy Storage showing that "the nation dominates when it comes to...
Rivian is developing a simplified battery-pack structure for its R1S electric SUV and R1T electric pickup truck, CFO Claire McDonough said in a recent interview. Around the 14-minute mark in the roughly 40-minute interview, conducted during Barclays' 2023 Global Automotive & Mobility Tech Conference (and first spotted by Electrek), McDonough...
The Department of Energy (DOE) on Friday issued proposed guidance on foreign battery content in EVs that could cut the federal tax credit for some models. But it also provides a clearer picture for automakers and battery suppliers. Starting Jan. 1, EVs are ineligible for the federal tax credit of up to $7,500 if they have key battery components...