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Honda to form new JV in China for more efficient battery supply from CATL

CN EV Post

The new joint venture will handle battery procurement for Honda's two joint ventures in China, instead of the two companies buying batteries from CATL separately as they did before. The post Honda to form new JV in China for more efficient battery supply from CATL appeared first on CnEVPost. For more articles, please visit CnEVPost.

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Tesla to bring LFP battery supply chain to US – Bloomberg News – ET Auto

Baua Electric

Tesla is expanding its battery facility in Sparks, Nevada to bring the supply chain for cheaper lithium iron phosphate batteries (LFP) to the United States, Bloomberg News reported on Wednesday. China currently houses the largest manufacturers of LFP batteries, including BYD and CATL, which supply Tesla.

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U.S. Congressmen buy Tesla stock in October despite market downturn

Teslarati

Congressmen have been buying up Tesla stock consistently over the past three months despite current stock fluctuations. Foremost in buying Tesla stock over the past three months has been Congressman Ro Khanna of California, buying somewhere in the range of $65,000 to $150,000 in Tesla stock. What do you think of the article?

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Elon Musk reiterates Tesla’s local roots after Biden says he wants to make “Buy American” a reality

Teslarati

The president noted that such an initiative should bring more manufacturing jobs back into America , and it should also build up local supply chains. “We’re making ‘Buy American’ a reality — not just a promise,” Biden wrote. . We’re making “buy American” a reality—not just a promise.

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3 Years Of Painful Cuts Sets Oil Markets Up For Serious Supply Crunch

Green Car Congress

Total global oil production could decline for the next several years in a row as scarce new sources of supply come online. According to data from Rystad Energy, overall global oil output will fall this year as natural depletion overwhelms all new sources of supply. When oil prices go up, people buy fuel efficient cars.

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BYD signs deal to supply 5,000 EVs to UK car rental firm Octopus EV over 3 years

CN EV Post

BYD entered into a partnership with UK-based Octopus Electric Vehicles (Octopus EV) on March 10, which plans to buy 5,000 BYD electric vehicles over the next 3 years, according to a press release today. For more articles, please visit CnEVPost.

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Frontier Lithium surges on JV with Mitsubishi for Canadian operations – ET Auto

Baua Electric

The deal will help finance the PAK Lithium Project mine and a planned lithium chemicals conversion facility, Frontier said, as the company aims to become a major supplier of the key mineral used in EV batteries to the North American supply chain. Mitsubishi will buy a 7.5% Frontier shares were trading at C$1.06