China already has enough battery manufacturing capacity to supply all global EV production, according to Bloomberg New Energy Finance. BNEF estimates to global battery-cell demand for both EVs and energy storage came in at around 950 gigawatt-hours in 2023—but manufacturing capacity was more than twice that, at around 2,600 gigawatt-hours... Report: China now makes enough batteries for global EV production
China already has enough battery manufacturing capacity to supply all global EV production, according to Bloomberg New Energy Finance. BNEF estimates to global battery-cell demand for both EVs and energy storage came in at around 950 gigawatt-hours in 2023—but manufacturing capacity was more than twice that, at around 2,600 gigawatt-hours... 
Rimac will provide next-generation battery packs for BMW EVs, the company announced Tuesday in a press release. Full details will be revealed at a later date, but Rimac anticipates "the establishment of sophisticated automated production lines for batteries" at its headquarters near Zagreb, Croatia, with "significant portion" of the site dedicated... 
General Motors is negotiating a U.S. battery-supply deal with China's CATL, Car News China reports. GM already works closely with CATL, but that relationship is limited to the China market. The deal reportedly being discussed would bring that partnership to North America in the form of a joint battery plant located in either the U.S. or Mexico... 
Battery supplier CATL is developing faster-charging battery cells for Tesla, according to Bloomberg (via Automotive News). CATL chairman Robin Zeng mentioned this project in an interview with Bloomberg in Hong Kong on Monday, in which he also confirmed that CATL is supplying equipment for Tesla's Nevada battery factory. Zeng also mentioned Tesla's... 
As it seeks to address production issues with its current Ultium battery cells, General Motors may be considering something even more complex. First spotted by Motor1, a recently filed GM patent application discusses battery cells with Lego-like shapes meant to accommodate cooling channels. Instead of building battery modules out of a solid mass... 
Chinese automaker Nio is partnering with battery supplier CATL for research into longer-life EV batteries, including for use with Nio's battery-swapping service. The two companies "will jointly carry out discussions, make technological breakthroughs and innovation, and promote product applications," according to a Nio press release, with CATL... 
Samsung SDI this week presented a battery-development roadmap with ambitious performance targets for charging, energy density, and battery life. On the charging front, the company believes it can begin mass-producing battery cells capable of being charged from 8% to 80% in just nine minutes by 2026. This will be made possible by "optimizing... 
A number of factors may be converging to lower EV battery prices, which in turn could boost EV demand, according to new analysis from Goldman Sachs. Analysts expect nearly a 40% decline in EV battery prices between 2023 and 2025, and for EVs to "reach breakthrough levels in terms of cost parity" with internal-combustion vehicles in some markets as... 
Lithium supply may soon exceed demand for use in EV batteries, potentially bringing price parity with internal-combustion vehicles later this decade, according to a new study from the International Council on Clean Transportation (ICCT). New emissions rules proposed by the EPA are expected to boost EV sales to 67% of total U.S. new-car sales by... 