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Corporate / Financial According To James Dyson, All Current Electric Cars Are Sold At A Loss

According To James Dyson, All Current Electric Cars Are Sold At A Loss

This is the main reason for him to have given up on his EV, but not only that.
By Gustavo Henrique Ruffo 15h ago
Corporate / Financial Riversimple Rasa Gets Special Color To Pay Tribute To Stirling Moss

Riversimple Rasa Gets Special Color To Pay Tribute To Stirling Moss

The company finished a funding campaign beating the target by 139 percent.
By Gustavo Henrique Ruffo 21h ago
Battery Tech Northvolt Announces Battery Recycling JV Called Hydro Volt

Northvolt Announces Battery Recycling JV Called Hydro Volt

Northvolt initially will extract valuable battery materials from external batteries, but in the future will recycle also its own cells.
By Mark Kane 02 June 2020
Corporate / Financial VW Confirms Investments In JAC Motors And Guoxuan Battery Maker

VW Confirms Investments In JAC Motors And Guoxuan Battery Maker

As Reuters anticipated, the deal was announced last May 29.
By Gustavo Henrique Ruffo 01 June 2020
Rumors Reuters: VW Wants Big Stake Of JAC Motors And Battery Maker Guoxuan

Reuters: VW Wants Big Stake Of JAC Motors And Battery Maker Guoxuan

One move seems pretty connected to the other.
By Gustavo Henrique Ruffo 27 May 2020
Rumors Farasis Energy To Launch $480 Million IPO: Daimler To Participate?

Farasis Energy To Launch $480 Million IPO: Daimler To Participate?

Farasis Energy is preparing for an IPO and might get Daimler on-board
By Mark Kane 26 May 2020
Corporate / Financial EIB: Over €1 Billion For European Battery Industry In 2020

EIB: Over €1 Billion For European Battery Industry In 2020

Regardless of the coronavirus lockdown, battery investments get the green light.
By Mark Kane 21 May 2020
Corporate / Financial Lucid Motors Hires Former Deputy General Counsel At Tesla, Jonathan Butler

Lucid Motors Hires Former Deputy General Counsel At Tesla, Jonathan Butler

He will offer Lucid 17 years of legal experience, 8 of which where at Tesla alone.
By Gustavo Henrique Ruffo 20 May 2020
Corporate / Financial GM: Ultium Cells Starts Ground Prep For Battery Cell Plant In Ohio

GM: Ultium Cells Starts Ground Prep For Battery Cell Plant In Ohio

Here is a conceptual rendering of the Ultium Cells LLC battery cell manufacturing facility in Lordstown, Ohio.
By Mark Kane 19 May 2020
Corporate / Financial Panasonic FY2020 Report: Gigafactory Was Profitable In Q1 2020 Too

Panasonic FY2020 Report: Gigafactory Was Profitable In Q1 2020 Too

Panasonic has noted two profitable quarters of battery production at the Tesla Gigafactory in Nevada.
By Mark Kane 18 May 2020
Corporate / Financial LG Chem Q1 2020: Battery Sales Up, But Still At A Small Loss

LG Chem Q1 2020: Battery Sales Up, But Still At A Small Loss

Energy Solutions account for 31.8% of LG Chem sales. A year ago it was 24.9%.
By Mark Kane 15 May 2020
Corporate / Financial Volkswagen/Northvolt Battery JV In Germany Moves Forward

Volkswagen/Northvolt Battery JV In Germany Moves Forward

The joint venture is just a small part of the overall business plan, but it might be an important bridgehead for the future.
By Mark Kane 10 May 2020
Corporate / Financial Tesla Secures An Additional Loan From A Chinese Bank

Tesla Secures An Additional Loan From A Chinese Bank

For Tesla, financing is not a problem.
By Mark Kane 09 May 2020
Corporate / Financial Samsung SDI: xEV And ESS Battery Sales To Increase In Q2

Samsung SDI: xEV And ESS Battery Sales To Increase In Q2

Samsung SDI expects an increase of battery sales, which in today's world is quite positive news.
By Mark Kane 07 May 2020
Corporate / Financial Workhorse Hopes To Deliver First C-Series Vans In Q2 2020

Workhorse Hopes To Deliver First C-Series Vans In Q2 2020

First deliveries in April did not materialize, but there is still a chance for Q2.
By Mark Kane 07 May 2020
Corporate / Financial Hitachi Capital Join Forces With Gridserve On EV Charging

Hitachi Capital Join Forces With Gridserve On EV Charging

Gridserve attracted Hitachi Capital to its charging infrastructure vision.
By Mark Kane 02 May 2020
Corporate / Financial More On Tesla's Q1 2020 Earnings Report And Investors Call

More On Tesla's Q1 2020 Earnings Report And Investors Call

Tesla's Fremont factory may be forced to remain closed for some time. This prompted fireworks and expletives from Elon Musk.
By EVANNEX 30 April 2020
Corporate / Financial Tesla Energy Generation And Storage Business: Q1 2020 Results

Tesla Energy Generation And Storage Business: Q1 2020 Results

Q1 brings ramp-up of Megapack and Solar Roof production, while Powerwall installations reached a cumulative level of 100,000.
By Mark Kane 29 April 2020
Corporate / Financial Tesla Q1 2020 Earnings Report Shocks World With Profit

Tesla Q1 2020 Earnings Report Shocks World With Profit

The official results are now in.
By Eric Loveday 29 April 2020
Corporate / Financial SK Innovation Announces 2nd Battery Gigafactory In Georgia

SK Innovation Announces 2nd Battery Gigafactory In Georgia

The total planned investment in the U.S. was increased from $1.67 billion (for the 1st plant) to $2.5 billion (two plants).
By Mark Kane 29 April 2020
Corporate / Financial Fortum Sold A Majority Stake Of Its Recharge Network To Infracapital

Fortum Sold A Majority Stake Of Its Recharge Network To Infracapital

Infracapital acquires the majority of Fortum Recharge public charging networks with the intention to expand it.
By Mark Kane 28 April 2020
Commercial Vehicles CATL's LFP CTP Batteries Coming To European EVs In 2020

CATL's LFP CTP Batteries Coming To European EVs In 2020

The Chinese manufacturer announced the strengthening of its commitment to commercial vehicle electrification in Europe.
By Mark Kane 27 April 2020
Corporate / Financial LG Chem Gets Another Huge Loan For Its Battery Plant In Poland

LG Chem Gets Another Huge Loan For Its Battery Plant In Poland

Financing for the world's biggest lithium-ion battery plant seems to be secured.
By Mark Kane 25 April 2020
Corporate / Financial General Motors Closes Maven/Maven Gig Car-Sharing

General Motors Closes Maven/Maven Gig Car-Sharing

Maven will not get a second chance.
By Mark Kane 25 April 2020
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