Japan and the US have reached a preliminary trade agreement for electric vehicle (EV) battery minerals which would give Japanese automakers improved access to US tax credits worth up to US$7,500 under the country’s Inflation Reduction Act (IRA). For the US, the deal is intended to reduce ...
The US state of Virginia announced that Ford and CATL would not be able to build their EV battery plant in the state. The reason it mentioned is potential security risks attributable to cooperation with China, reported Business Korea on January 17.The Ford-CATL plant is for LFP battery supply...
BEIJING, September 12 (TiPost)— Gotion High-tech Co., Ltd., one of China’s leading electric vehicle (EV) battery makers, is going to make another major investment in the United States in less than a year. Credit:Gotion Gotion and officials of the Illinois state government announced the ...
Electric Last Mile Solutions has secured battery supply for its Urban Delivery electric van through 2025 in a deal with China's CATL.
CATL Denies Halting Work on $3.5 Billion US EV Battery Plant with Ford BEIJING, September 27 (TiPost)— Contemporary Amperex Technology Co. Ltd. (CATL), the largest power battery manufacturer in China and the world, denied recent report about suspension of a U.S. plant project with auto ...
control of the company and CALT employees will be stationed there. CATL later confirmed it has accepted invitation for cooperation from Ford. The Chinese EV battery giant would license CTP (cell to pack) technology to Ford and its workers shall help the new plant from construction to operation...
The new limits could pose risks about US efforts to develop its EV industry as two thirds of global battery cell production is in China, and China also leads the global processing of minerals needed for EV batteries. BEIJING, December 5 (TMTPost)— The U.S. government is going to impose...
Shares of WeChat owner and EV battery maker fall after defence department discloses designation January 5 2025 Evan Medeiros Xi has a plan for retaliating against Trump’s gamesmanship China is marshalling its forces for long-term competition against an America that it believes is divided and in ...
150 acres, will focus on lithium-ion battery cell, battery pack production, and energy storage system integration. Once completed, the facility is expected to produce 10 GWh of lithium-ion battery packs and 40 GWh of lithium-ion battery cells, which will strengthen the American EV battery ...
risks about the U.S. government’s efforts to develop EV industry.Two thirds of global battery cell production is in China, while the United States accounts for just 10%, according to the International Energy Agency (IEA). China also leads the global processing of minerals needed for EV ...