Recent blazes involving Tesla Inc. and NIO Inc. cars in Greater China are prompting the industry to take steps to alleviate concerns from potential customers.
Tesla Mining News
Based on March electric car registrations in over 80 countries Tesla deployed more battery power than its four largest rivals combined.
The electric vehicles pioneer is worried about the effects of booming demand for EVs will have on the supply of minerals needed to manufacture rechargeable batteries.
But with demand for lithium set to boom from above 300,000 tons a year to a million tons by 2025, mining companies need to grow fast and they prefer to do so in jurisdictions they know well.
Tesla Inc on Wednesday reported a $700 million loss for the first quarter and said it would also lose money in the second.
Officials said their companies are charging ahead with a flurry of new electric vehicle models, citing rising regulatory requirements globally.
The legislation would grant automakers a $7,000 tax credit for an additional 400,000 vehicles after they reach the 200,000 vehicle cap.
The company has secured a second five-year exploration licence in the Erzgebirge (meaning Ore Mountain) region of Saxony, which completely encloses its Zinnwald project.
The Vancouver-based miner is acquiring an 85% interest in the Lovelock cobalt mine and the Treasure Box project.
Warren Buffett's Berkshire Hathaway Inc has signed an agreement to allow extraction of lithium from its geothermal wells in California.
As mining activity surges, water tables are falling amid growing environmental concerns.
The company plans to move forward with the plan only once the feasibility study at its Zinnwald project is completed, in the second quarter of next year.
The settlement unlocks payments by SQM that had been on ice during the dispute, and paves the way for development to get back on track
As electric vehicles slowly become a bigger part of the global fleet, questions about mileage and fuel efficiency are going to become more apposite.
Panasonic already makes money on batteries for the Model S and Model X, which it produces domestically.
The company reported a profit for the most recent quarter but now must show investors that was not a one-time event
NMC cathodes currently account for nearly 28% of global EV sales, forecast to grow to 63% by 2027.
E-bikes would require compact, lightweight, and reliable lithium-ion batteries similar to those that power everything from iPhones to Teslas.
Shares extended losses for a fifth straight session Monday, falling 4.3 percent to the lowest in more than 18 months.
Tesla Inc.’s plunging stock price indicates investors want Elon Musk to quickly cut a deal with the Securities and Exchange Commission.
Deal will see China’s No.1 producer of lithium supplying 20 percent of its production to the electric cars maker.
Mercedes-Benz, the world’s largest maker of luxury cars, is rolling out its first in a series of battery-powered models.
Dyson Ltd., best known for its vacuum cleaners and hand dryers, is charging ahead with a 2-billion-pound effort to start building electric cars.
Being home to Europe’s biggest rock collection has finally come in handy for Sweden
Panasonic said it was unable to determine how much of the cobalt used in batteries it makes for Tesla cars comes from Cuba.