Tag: electric vehicle batteries

October 26, 2022

The U.S. and the European Union have set up a task force tasked with resolving a dispute over electric vehicle batteries that the EU says would discriminate against manufacturers in the 27-nation bloc and break World Trade Organization rules. Under […]

September 19, 2022

After Elon Musk complained that lithium — the ubiquitous raw material needed in electric vehicle batteries — was trading at insane levels, and China’s authorities in March pushed key industry players to act, prices briefly began to cool. Now, they’re […]

June 15, 2022

Taiwan’s Foxconn Technology Group started building its first plant to produce electric-car batteries Wednesday, the contract electronics manufacturer’s latest step into the booming electric-vehicle industry. Foxconn said it plans to invest about 6 billion New Taiwan dollars, equivalent to about […]

April 5, 2021

With Europe expected to lead the world in electric-car sales for a second straight year, an epic rush to build a battery-supply chain from scratch is playing out across the continent. After years of ceding the EV battery business to […]

February 3, 2020

TOKYO — Toyota Motor Corp. and Panasonic Corp. have agreed to set up a joint venture that will begin developing electric vehicle batteries starting in April, as the Japanese companies gear up for an expected surge in demand. The new […]

November 27, 2019

SEOUL — South Korea’s SK Innovation beat its larger rival LG Chem to a multibillion dollar deal in 2018 to supply Volkswagen Group with electric vehicle batteries in the United States. With great fanfare, SK broke ground in March on […]

June 24, 2019

Eaton, a New York-listed firm that makes hydraulics, truck transmissions and other industrial products, says the market is niche but expects it to grow up to 20 times between now and 2022. In Europe, Middle East, and Africa, Eaton estimates […]