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NEWS TAGGED LITHIUM
Friday 23 February 2024
European legacy automakers axe jobs at EV paradigm shift
The wave of downsizing sweeping through the mainstream European automotive supply chain continues to swell, propelled primarily by the...
Thursday 22 February 2024
Volkswagen's lithium battery business finds an Indian friend
A tractor manufacturer has signed an agreement to use Volkswagen's lithium cells.
Wednesday 24 January 2024
ProLogium opens world's first solid-state lithium ceramic battery plant in Taiwan
ProLogium Technology has opened the world's first giga-level solid-state lithium ceramic battery factory in Taoyuan Hi-Tech Industrial Park, Taiwan. The factory will primarily make...
Tuesday 9 January 2024
GM's battery partner LG 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. Shares...
Monday 25 December 2023
Slower EV growth expected to impact South Korean battery material suppliers' financial performance
South Korea-based battery material companies like EcoProBM, Posco Future M, and L&F will likely see their profitability weaken as EV market growth decelerates and battery raw...
Thursday 7 December 2023
Will lithium carbonate cost slump cut EV prices?
Battery-grade lithium carbonate prices have dropped from CNY600,000 (US$84,363) per tonne in November 2022 to the current value of CNY150,000, a decline of over 70%. Since batteries...
Tuesday 5 December 2023
Ford takes stake in Indonesia nickel project
Ford Motor Co. will take a direct stake in a battery-nickel plant under construction in Indonesia, deepening its role in the supply chain as carmakers try to secure materials for...
Tuesday 28 November 2023
Europe relies on lithium battery imports; auto part export surplus may reverse
Industry sources indicated that Europe's heavy dependence on imported lithium batteries could lead to a reversal of the current surplus in car component exports.
Thursday 23 November 2023
Aleees aims to claim 300k tonnes of LFP material market by 2030
Chang Sheng-shih, chairman of Taiwan-based Advanced Lithium Electrochemistry (Aleees), said on November 21 that the company has been licensing patents to non-Chinese lithium battery...
Tuesday 3 October 2023
Slumping lithium prices signal angst over China's demand outlook
Lithium prices are spiraling down toward the lowest level in two years on concerns over the strength of Chinese demand for the material, a key ingredient in electric vehicle batter...
Wednesday 13 September 2023
China's lithium battery firms set up shop in the US despite IRA 2022
The tax incentives of the US Inflation Reduction Act of 2022 (IRA) are luring lithium battery supply chains to swiftly set up shop in the country, gradually disrupting the initial...
Monday 21 August 2023
Energy storage lithium batteries carry the risk of 'thermal runaway'
In recent years, fire accidents at energy storage sites in Taiwan and abroad have brought great attention to the issue of energy storage battery safety. Industry insiders point out...
Tuesday 15 August 2023
US fosters local lithium battery production to offset China's dominance
Lithium battery cells made in China account for more than 50% of the global energy storage system and EV market share. Suppliers from other countries will encounter tremendous challenges...
Thursday 3 August 2023
Top lithium miner Albemarle boosts outlook as EV demand recovers
Albemarle Corp. boosted its outlook for the year as lithium prices rebounded after a months-long rout.
Monday 10 July 2023
LGES nearly triples lithium materials procurement from SQM
Battery maker LG Energy Solution and mining company SQM announced that they have agreed upon new lithium materials procurement that will last until 2029. The new agreement means LGES...