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J.D. Power: US growing increasingly divided on EV adoption

Green Car Congress

Accordingly, the top 10 states with the highest overall EV adoption rates—California, Washington, Hawaii, Oregon, Nevada, Maryland, Arizona, Colorado, Utah and Massachusetts—have continued to see EV adoption rates grow steadily, climbing year-over-year through the first half of 2023. Each month, the J.D.

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Opinon: Lithium Market Set To Explode; All Eyes Are On Nevada

Green Car Congress

While other commodities are floundering or completely collapsing in this market, lithium—the critical mineral in the emerging battery gigafactory war—is poised to explode, and going forward Nevada is emerging as the front line in this pending American lithium boom. Albemarle Corp.

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Redwood Materials launches EV battery recycling program; initial partners Ford Motor Company and Volvo

Green Car Congress

To make electric vehicles sustainable and affordable, there need to be pathways for end-of-life battery packs to be collected, recycled and remanufactured into new battery materials. Overtime, as EOL packs scale, Redwood expects these batteries to become valuable assets that will help make EVs more sustainable and affordable.

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Tesla’s 4680 battery ramp may experience a “Death Valley” start, but it will be overcome: expert

Teslarati

Without 4680 cells, Tesla’s efforts to create an affordable car at a price point beneath the Model 3 would likely be for naught. Industry researcher Benchmark Mineral Intelligence estimates that one million 4680 cells are enough for just about 1,200 Model Ys. Tesla produced its one millionth 4680 cell in January.

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Panasonic’s battery unit misses annual profit estimate – ET Auto

Baua Electric

The operating profit is expected to rise 23% in the current business year to reach 109 billion yen, the company said, adding that it expected demand to expand as more car models in affordable price ranges become available. Panasonic Energy has sought to expand its footprint in the North American market. billion yen in the fourth quarter.

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New Panasonic CEO talks Tesla battery partnership and 4680 cell production

Teslarati

Tesla and Panasonic’s joint operations in Gigafactory Nevada have had their own fair share of challenges, with the automaker putting pressure on its Japanese partner to produce more batteries for its vehicles. Competition within the industry is quite fierce, but the battery business is making extremely large facility investments.

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Tesla and the EV sector’s growth is driving up lithium, cobalt, and nickel prices

Teslarati

Expectations were high that the battery industry would hit $100 per kWh in 2024, but recent trends in the market suggest that this may not necessarily be the case. . This helps foster a closed-loop system since Redwood also receives Panasonic’s battery scrap from Tesla’s Nevada facility. . Increasing EV Demand.

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