lithium

The rising costs of nickel and lithium, two key components for electric vehicles, have begun to hit the sector with industry leader Tesla Inc (NASDAQ: TSLA) raising the prices of several vehicle models as a result. Here is a look at what the least expensive Tesla vehicle now costs. What...

In addition to computer chip and supply chain shortages, as well as a limited battery supply, some Tesla Inc (NASDAQ: TSLA) EVs are being delayed for other issues.  CEO Elon Musk recently tweeted that Model X deliveries have been held back due to a lack of interior trim pieces....

Tesla Inc (NASDAQ: TSLA) has secured a five-year agreement with Australia’s Liontown Resources to supply lithium spodumene concentrate to the Elon Musk-led electric vehicle maker. What Happened: Tesla will buy 100,000 dry metric tonnes (DMT) of the lithium concentrate in the first year and up...

Key takeaways: Ganfeng Lithium said its profit last year surged as much as 4.37 times on soaring lithium prices Company’s new battery-related projects and new production capacity could provide important future growth engines By Fai Pui Sometimes known as “white oil”, lithium is...

Li-Metal Corp (CSE: LIM) said on Thursday it has produced the first batch of lithium anode product at its just-commissioned anode pilot plant in Rochester, New York, and reiterated plans to reach commercial-scale production by 2025.  What Happened: The Toronto, Canada-based company said the...

Research based on Google Trends data shows which cryptocurrency people in each of the U.S. states are most interested in buying. What Happened: An analysis of Google Trends data from Alphabet Inc (NASDAQ: GOOG)(NASDAQ: GOOGL) illustrates which cryptocurrency each of the 50 U.S. states is searching...

Electric automakers seeking batteries with longer range should work closely with lithium producers to ensure guaranteed supply of a specialised white metal, executives from Albemarle Corp (NYSE: ALB) and Livent Corp (NYSE: LTHM) told Reuters.  What Happened: The steps include signing long-term...

Quantumscape Corp (NYSE: QS) shares are trading higher Thursday, likely on continued momentum after the company secured a new set of buildings in San Jose, California, for its future manufacturing hub, QS Campus. QuantumScape was up 13.81% at $39.90 Thursday at publication. QuantumScape...

In early August, Enovix Corp. (NASDAQ: ENVX) completed the installation of specialized equipment for a sophisticated production line in Fremont, California, and is gearing up to begin commercial production of batteries for mobile electronic devices in early 2022. The ocean congestion...

Ford Motor Co (NYSE: F) CEO Jim Farley said he believes automakers need to plow through challenges to make electric vehicles affordable for the average buyer, The Detroit News reported on Saturday, citing a live-streamed Detroit Homecoming VIII interview. What Happened: Farley noted key issues like...

QuantumScape Corp. (NYSE: QS) shares are trading higher Tuesday, after an 8-K filing from the company showed it signed an agreement with a second top 10 automotive original equipment manufacturer. The stock could possibly be on the verge of reversing in the near future. QuantumScape was up 17....

Lithium prices have been red hot, sparking big rallies in Albemarle Corporation (NYSE: ALB) and Livent Corp (NYSE: LTHM) in the past year. Prices have started to stabilize as of late and one analyst said Monday the longer-term outlook for the lithium market makes it difficult to justify the...

Tesla Inc. (NASDAQ: TSLA) is facing an indefinite delay on the supply of lithium chemicals from Piedmont Lithium Inc. (NASDAQ: PLL), Reuters reported Monday. What Happened: North Carolina-based Piedmont Lithium said it will delay the first shipments of lithium spodumene concentrate to Tesla from...

One of the stranger sights in London and many cities worldwide during the COVID-19 lockdowns have been adults whizzing around the empty streets on what was once seen as a child’s toy: a scooter. A 2019 report estimated that demand for electric bikes and scooters would have a compound annual...

Tesla Inc (NASDAQ: TSLA) expects to spend more than $1 billion annually over the next few years to source key battery materials from Australia due to its reliable mining industry and responsible production practices, Reuters reported on Wednesday.  What Happened: Tesla, like its rivals, is...