batteries

Business

A Deal From Nikola to Buy Romeo Power for Batteries

Nikola says it has struck a $144 million deal to buy battery supplier Romeo Power, which would give it control…

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Business

Oil Giant Equinor Buys US Battery Storage Company

Norway's Equinor is considering buying US battery storage development company East Point Energy after signing an agreement to acquire a…

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IT

Volkswagen Invests $20 Billion in Car Batteries

Volkswagen plans to invest in a battery-cell business worth $20.38 billion, which will create 20,000 new jobs and generate annual…

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News

Automakers Raise Prices for Electric Vehicles

Most car companies, like Tesla, Rivian, Cadillac, are raising electric vehicle prices amid volatile market conditions and rising costs for…

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News

Vingroup Works on Giant Electric Vehicle Battery Factory

Vingroup said Sunday it has begun building a battery plant for its $174 million VinFast electric vehicle project so it…

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News

LG Energy Solution Aims for South Korea’s Largest IPO

LG Energy Solutions (LGES) will raise 12.8 trillion won ($10.87 billion) in an initial public offering (IPO) that may be…

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News

LG Accepts To Pay General Motors $1.9 billion Fines

LG Electronics has agreed to compensate General Motors about $1.9B to recall and repair Chevrolet Bolt electric vehicles due to…

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News

Toyota Increases Investment In Batteries To 2030

Toyota said it expects to spend more than $13.5B by 2030 developing its batteries and supply system in an effort…

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News

LG Chem Shares Fall Amid GM Burning Batteries Investigations

LG Chem's shares declined to a 9-month low as General Motors assurances of a continuing relationship between the two companies…

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Business

Stellantis concludes two deals to supply lithium

Stellantis has signed memoranda of understanding to supply lithium from two projects in California and Germany and says it plans…

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