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Report: Tesla consumed more lithium than next four EV makers combined in 2020

In 2020, Tesla deployed 18,700 tons of lithium carbonate equivalent (LCE) in the batteries of its new EVs, more than the next four EV makers (BYD, VW, Renault and Audi) combined, according to the report EV Battery Capacity and Battery Metals Tracker by Adamas Intelligence. In total, 67% of Tesla’s 2020 lithium consumption was driven… Read more »

Ford CEO: US government needs to support domestic battery production

Ford CEO Jim Farley says the US government needs to support domestic battery production and the rollout of public charging infrastructure. “We need to bring large-scale battery production to the US,” Farley said at a recent financial conference, adding that he planned to bring up the issue in upcoming talks with government leaders. The coming… Read more »

LG to produce Tesla’s new 4680 battery cell at Korean factory

Tesla has recently introduced several battery innovations, including the new tabless 4680 cell, which it is believed to be producing in small quantities on a pilot line at its Fremont plant. However, the California carmaker has no intention of trying to produce all the cells it needs on its own. “The reason Tesla is doing… Read more »

Brexit deal forces UK carmakers to develop domestic battery supply chain

Britain’s new relationship to the EU has important implications for automakers, specifically for their battery supply chains. As The Guardian reports, all UK-EU trade in cars and parts will continue to be free of tariffs or quotas, as long as they contain enough content from either UK or EU factories. For three years, batteries will… Read more »

Xpeng’s G3 electric SUV is on its way to Norway

Chinese automakers have long dreamed of the day they would start exporting vehicles to Europe (and North America) in volume. Thanks to the Continent’s burgeoning interest in EVs, that day may be at hand. As Tom Moloughney reports in InsideEVs, the first 100 Xpeng G3s are now aboard a ship, en route to Norway, the… Read more »

Northvolt to supply €2 billion worth of green battery cells to BMW

The BMW Group has signed a long-term battery cell supply contract worth 2 billion euros with Swedish supplier Northvolt. The cells will be produced beginning in 2024 at the Northvolt Ett gigafactory, which is currently under construction in Skellefteå in northern Sweden. Northvolt Ett in Sweden is to go on line in 2021 with an… Read more »

Tesla and Panasonic sign new three-year battery supply deal

Lately it’s seemed that the relationship between Tesla and Panasonic might have hit a rocky patch. The two companies have been partners at Tesla’s Nevada Gigafactory since the beginning, but more recently, they’ve been seeing other people. Last year, Tesla said Panasonic’s battery cell production was constraining Model 3 production. In February, the carmaker announced… Read more »

China sales and impending Semi production send Tesla shares into the stratosphere

Tesla’s stock briefly cracked the thousand-dollar mark, setting a new all-time high and raising the company’s market valuation to over $180 billion, making it the world’s most valuable automaker, after Toyota. The main impetus for the stock surge seems to have been a stellar sales report from China. Tesla sold 11,095 Shanghai-made Model 3s in… Read more »