Tag - batteries

 
 

BATTERIES

Sumitomo says it is aiming to install 500 megawatts or more of battery storage in Japan by March 2031.
BUSINESS / Companies
Jun 5, 2024
Sumitomo aims to install 500 MW of battery storage in Japan by 2031
The initiative is part of the trading house's broader efforts to bolster its energy transformation business.
A representative explains the features of the Afeela electric vehicle, a Honda-Sony Mobility concept car, at the CES 2024 trade show, in Las Vegas on Jan. 9. The Honda-Sony alliance plans to deliver its first EV model in the spring of 2026 in North America.
BUSINESS / Companies
May 16, 2024
Honda to double investment in electric vehicles and software
The automaker had planned to invest ¥5 trillion ($32.3 billion) for the 10 years through March 2031, but it now plans to spend ¥10 trillion by that point.
Tesla's charging network is widely viewed as a signature achievement for the EV maker and a key driver of its sales. Tesla Superchargers account for more than 60% of U.S. high-speed charging ports, federal statistics show.
BUSINESS / Companies
May 16, 2024
The inside story of Elon Musk’s mass firings of Tesla Supercharger staff
Former charging chief met Musk expecting the go-ahead for a massive expansion of the charging network, but ended up getting fired along with her 500-member team.
Panasonic Energy's operating profit for the past business year fell short of its forecast due to lower electric vehicle battery production in Japan.
BUSINESS / Companies
May 9, 2024
Panasonic's battery unit misses annual profit estimate
Panasonic Energy faces fierce competition from other Asian battery makers such as China's CATL and South Korea's LG Energy Solution.
The decision to cut the nearly 500-person group, including its senior director, Rebecca Tinucci, was made by CEO Elon Musk in the last week, according to a person familiar with the matter.
BUSINESS / Companies
May 1, 2024
Tesla axes most of supercharger team in blow to other automakers
The decision to cut the nearly 500-person group, including its senior director, Rebecca Tinucci, was made by CEO Elon Musk in the last week.
Canadian Prime Minister Justin Trudeau (left), Honda CEO Toshihiro Mibe (center) and Ontario Premier Doug Ford walk in the company's automotive assembly plant in Alliston, Ontario, on Thursday.
BUSINESS / Companies
Apr 26, 2024
Honda to spend $11 billion on electric vehicle strategy in Canada
The move is meant to tap long-term demand in North America and pushes the automaker toward having electrified cars account for 100% of sales by 2040.
An AA patrol for electric vehicles in Birmingham, England. Fewer than 10% of the U.K.’s 236,000 auto mechanics are qualified to work directly on EV batteries or their cases, according to the Institute of the Motor Industry.
BUSINESS / Tech
Apr 13, 2024
EVs head for junkyard as mechanic shortage inflates repair costs
High costs are prompting underwriters to total cars with relatively benign damage — prematurely consigning electric models to the junk heap.
A brine pool at an SQM lithium mine on the Atacama salt flat in the Atacama Desert, Chile. The industry that deals with one of the world’s most important commodities is asking whether it's doomed to repeat a boom and bust cycle again and again.
BUSINESS / Markets
Apr 12, 2024
Lithium industry braces for long-term oversupply after price instability
Those involved with the commodity are asking whether they're doomed to repeat a boom and bust cycle again and again.
A Honda CR-V e:FCEV on display at H2 & FC Expo in Tokyo on Wednesday
BUSINESS / Companies
Feb 28, 2024
Honda to sell plug-in hydrogen vehicle in North America, Japan
Japan's second-largest carmaker hopes to ease drivers’ anxiety over finding hydrogen stations by adding electric recharging capabilities.
Brooklyn-based startup HEVO is working with other firms to develop wireless EV charging systems.
BUSINESS / Tech
Feb 22, 2024
Wireless charging for electric cars is inching closer to reality
Major hurdles include slow charging speeds and the money and interest needed to build stations and get more carmakers on board.
Volkswagen is casting its net wider in pursuit of a potentially game-changing technology: a "solid-state" electric car battery
BUSINESS / Companies
Jan 16, 2024
Volkswagen and rivals plug away at solid-state battery puzzle
An array of technical hurdles are holding back wider development of solid-state technology, seen by its backers as the "holy grail" of EV batteries.
Soichiro Watanabe, Panasonic's chief technology officer for EV batteries, says production of a revamped version of the firm's 2170 cells will begin at its manufacturing plant in Nevada as early as this year.
BUSINESS / Companies
Jan 15, 2024
Panasonic to make upgraded electric car battery as early as 2024
Production of a revamped version of the company's 2170 cells will begin at its manufacturing plant in Nevada sometime during 2024 or 2025.
The Pilbara Minerals Pilgangoora lithium project in Port Hedland, Western Australia
COMMENTARY / World
Jan 9, 2024
Lithium’s promised land looks more like the old country
Two decades ago, Australia mined less than a fifth of the world’s lithium. In 2021, it dug more than every other country put together.
Fire fighters put out a fire at a disposal site for oversized trash in Koto Ward, Tokyo, in November.
JAPAN / Society
Dec 26, 2023
Tokyo residents urged to hold on to large waste due to disposal site fire
Operations at the facility in Koto Ward were suspended following the fire, and the alternative facility handling the extra waste is nearing capacity.
A Hyundai Ioniq 5 electric vehicle charges at Chaevi Stay Charging Station in Seoul on Oct. 18
BUSINESS / Companies
Dec 12, 2023
South Korean auto-battery firms cautious on challenging China rivals
Feeding their worries is slowing growth in electric vehicle sales, price competition and the potential for changes in United States subsidies.
A worker at the Ford F-150 Lightning plant in Dearborn, Michigan in April last year. New government rules will try to shift more production of electric vehicle batteries and the materials that power them to the United States.
BUSINESS
Dec 2, 2023
U.S. sets limits on Chinese content to receive EV tax credits
The guidelines establish a 25% ownership threshold for a company or group to be classified as a foreign entity of concern.
Sodium — found in rock salts and brines around the globe — has the potential to make inroads into energy storage and electric vehicles because it’s cheaper and far more abundant than lithium.
BUSINESS / Tech
Nov 27, 2023
Salt in batteries: Shift may herald another shakeup
Sodium has the potential to make inroads into energy storage and electric vehicles because it’s cheaper and far more abundant than lithium.
A worker inside the Envision battery manufacturing plant at Nissan's Sunderland factory in Britain in July 2021.
BUSINESS / Companies
Nov 24, 2023
Nissan to invest $1.4 billion to build two new EV models in Britain
Plans for electric versions of crossover models will require an investment of up to £2 billion in a third battery plant and infrastructure projects.
A wind turbine and an electricity pylon in Finedon, Britain. Developers can no longer use financial modeling that assumes gas power plants are used constantly throughout their 20-year-plus lifetime, analysts said.
BUSINESS / Economy
Nov 21, 2023
Giant batteries drain economics of gas power plants
Batteries that ensure stable power supply are becoming cheap enough to make developers abandon scores of projects for gas-fired generation worldwide.
A Komatsu dump truck at the Oyu Tolgoi copper-gold mine in Khanbogd, the South Gobi desert, Mongolia
BUSINESS / Tech
Nov 14, 2023
China tightens grip on copper, key to world’s energy transition
China’s copper smelting capacity will increase by another 45% by 2027

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