The offshore yuan exchange rate also surpassed a key threshold of 7 yuan per US dollar for the first time since May 2023.

As part of the announcement, the U.S. automaker said it had reached an agreement with Contemporary Amperex Technology (CATL), a Ningde, China-based firm, to manufacture battery cells at the plant ...

China-based Contemporary Amperex Technology Co. (CATL) has launched a new 376 kW/752 kWh product expanding its TENER energy ...

Stay updated on latest news in the lithium market, including price fluctuations, company updates, and government funding ...

Notably, Northvolt, Europe’s largest battery manufacturer, is set to lay off 20% of its workforce, a move that underscores ...

Tesla's energy storage business is showing significant growth, potentially becoming a major earnings driver. See why we ...

For utilities, a battery farm that’s cheap to build and soaks up lots of inexpensive, or even negatively priced, electricity ...

Last September, Illinois Gov. J.B. Pritzker announced that Gotion had decided to build a $2 billion plant in his state to ...

Chinese companies dominate the market for electric vehicle batteries and the supply chain behind them. But U.S. companies ...

Swedish battery maker Northvolt plans to lay off 1,600 employees in Sweden, including 1,000 positions at its Northvolt Ett ...

The company promises that the TECTRANS battery system will last 15 years or 2.8 million kilometers (1.74 million miles), ...

Chinese companies involved in car production have come under scrutiny in recent months, with lawmakers urging the U.S.