lithium-ion battery

Clean energy transportation company Nikola Corp. (NASDAQ: NKLA) announced the purchase of a battery company that could help bring its production in-house. What Happened: Nikola is acquiring Romeo Power (NYSE: RMO), a battery company that announced it was going public via SPAC merger back in October...

Tesla Inc (NASDAQ: TSLA) supplier Panasonic Corporation (OTC: PCRFY) has fallen behind China's CATL and South Korea's LG Energy Solutions in battery manufacturing in recent years. The Japanese firm is now clawing its way back with renewed push and investment. What Happened:...

While Tesla Inc (NASDAQ: TSLA) is best known for its electric cars, the company also produces energy production and storage products. The company's Megapack is industrial-sized storage that can be scaled up to power small cities with stored solar energy. While supply chain issues...

KULR Technology Group Inc (AMEX: KULR) held its "Battery Solutions Day" event on Tuesday afternoon.  The company develops and commercializes high-performance thermal management technologies for electronics, batteries and other components.  Batteries already represent a...

KULR Technology Group (NYSE: KULR) works with a range of customers from NASA to electric vehicle manufacturers, and the company’s goal is to keep batteries, cooler, lighter and safer. “The common denominator is the electrification of energy storage and transportation,” Kulr ...

Former SPAC QuantumScape reported fourth-quarter earnings on Tuesday. The company is still in the pre-revenue stage, and Wedbush's takeaway from the report was the discussion on the future of the company. What Happened: The takeaways from the shareholder letter and commentary were enough...

North America’s largest lithium-ion battery recycling company is going public in a SPAC merger. The SPAC Deal: Li-Cycle is going public with Peridot Acquisition Corp (NYSE: PDAC) in a deal valuing the former at $1.6 billion. Li-Cycle will get $615 million in gross proceeds from the SPAC...

After surging more than 64 percent last year to rank as one of 2017's best-performing non-leveraged exchange-traded funds, the Global X Lithium & Battery Tech ETF (NYSE: LIT) is down more than 8 percent year-to-date. The $1 billion LIT follows the Solactive Global Lithium Index and “...

Tesla Motors (NASDAQ: TSLA) is building on its recent successes in the U.S. by looking overseas to Asia – for both new markets and new investments. According to the Nikkei Asian Review, Tesla and Panasonic are working on an agreement to build a lithium-ion auto battery factory in the U.S. – a...