Batteries

Nio Inc (NYSE: NIO) shares are reversing some of the losses they accumulated in the previous three sessions amid a sector-wide rebound. Separately, a report in a local Chinese media outlet offered a further glimpse into the company's second-gen battery swap station. What Happened:...

Back in 2014, Tesla Inc (NASDAQ: TSLA) demonstrated battery swapping, a process allowing a Tesla driver to pull in with an empty battery, and then have the battery removed and exchanged for a fully charged unit in less time than it took to fill a tank with gas. But, this was the...

Stocks in electric battery technology have been heating up as automakers, airlines and equipment manufacturers continue to form partnerships with tech companies. Batteries are essential to many of the technologies that innovators hope will replace fossil fuel-burning machines. This bodes well for...

A former SPAC surged Thursday after unveiling its new battery technology. What Happened: Next-generation battery technology was unveiled by Hyliion Holdings Corp (NYSE: HYLN). The company’s new design features advanced colling technology, longer battery life, higher charging rates and...

Tesla Inc's (NASDAQ: TSLA) battery supplier LG Chem reported Wednesday a record quarterly profit and also swung to a profit on an operating basis. What Happened: South Korea's LG Chem said its fourth-quarter revenues rose 19.9% to 8.8858 trillion won ($803.356 million), representing a...

LG Chem Ltd, which supplies batteries to EV giant Tesla Inc (NASDAQ: TSLA), has reportedly initiated a voluntary recall of certain models of home battery systems in the U.S. What Happened: The South Korean company's home battery systems were involved in five fire accidents in the U.S., causing...

Shares of Kensington Capital Acquisition Corp (NYSE: KCAC) are trading higher by over 30% Friday. The move comes the day after the company announced a date of Nov. 25 to vote on the pending merger with battery company QuantumScape. Why It’s Important: QuantumScape is backed by Bill Gates and...

Japan is the world leader in battery innovations holding more than one-third of the total patents in this space, according to a joint study conducted by the European Patent Office and the International Energy Agency. What Happened: The study found that 2,339 Japanese applications for international...

When it comes to electric vehicle production, batteries are the name of the game. Tesla Inc (NASDAQ: TSLA), in its partnership with Panasonic Corporation (Pink: PCRFY), produces more batteries for the company's fleet of EVs than any other vehicle producer. Now it looks like...

Tesla Inc (NASDAQ: TSLA) supplier Contemporary Amperex Technology Co Ltd, or CATL, claims it is developing a technology that will allow batteries to be embedded directly into an electric vehicle's chassis — thus eliminating the need for heavy casings used in traditional battery packs...

South Korea's LG Chem Ltd. (OTC: LGCLF) was the largest electric vehicles battery supplier globally in the first half of 2020, according to data from SNE Research. What Happened: The company's sales rose 83% to 10.5 gigawatt-hours in H1, catapulting the battery...

Later this year, Tesla (NASDAQ: TSLA) will hold its investor and battery day event. The company is expected to show off battery achievements that have enabled a battery that will last for over 1 million miles. Tesla may also be ditching cobalt, making their batteries cheaper and more...

Tesla Inc. (NASDAQ: TSLA) patented a new battery cell on Thursday, which contains a tabless electrode that Elon Musk has termed as “important.”  What Happened Writing about the constraints with current batteries in its patent application, the automaker stated in its patent...

ResMed Inc.’s (NYSE: RMD) CEO Mick Farrell revealed that Tesla can help manufacture ventilator components along with other automakers and aerospace companies. What Happened Appearing on CNBC’s “Mad Money” on Wednesday, Farrell said that in 2019, the company made tens of...

High-flying shares of Tesla, Inc. (NASDAQ: TSLA) were gathering further momentum Tuesday. The company is looking to trim costs by negotiating a deal to procure low-cost batteries from Chinese battery maker Contemporary Amperex Technology Co. Limited, according to a Tuesday Reuters report....