SAN FRANCISCO—Tesla Inc. opened a factory to produce battery manufacturing equipment in the Canadian city of Markham, Ontario, the city said on Friday, as the electric carmaker ramps up the production of cheaper, higher-range 4680 battery cells. In 2019, the U.S. electric carmaker acquired Canada-based Hibar, which manufactures pumps used in fast-speed battery assembly that…
Tesla to Open Canada Battery Gear Factory in Markham, Ontario: Mayor
November 6, 2021
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Panasonic Unveils Prototype Battery to Help Tesla Lower Production Costs
TOKYO—Panasonic on Monday unveiled a new large prototype battery designed to help Tesla Inc. lower electric vehicle (EV) production costs, in a move the Japanese company’s battery chief said would deepen business ties with its key U.S. customer. During a media roundtable where Kazuo Tadanobu showed the battery that is around five times the size…
Stellantis Powers up Electric Plans With Samsung SDI US Deal
SEOUL/MILAN—Stellantis and South Korea’s Samsung SDI Co., Ltd. have entered a preliminary agreement on a joint venture to produce electric vehicle (EV) battery cells and modules in the United States, the two companies said on Friday. The tie-up comes less than a week after the world’s fourth-largest automaker signed a similar agreement with South Korea’s…
South Korean Battery Firms to Shoulder $1.2 Billion of GM’s Bolt EV Recall Costs
SEOUL—South Korean battery firms LG Chem Ltd. and LG Electronics Inc. will be shouldering a combined $1.2 billion for General Motors Co.’s Bolt electric vehicle recall—the lion’s share of the expected costs. GM in August expanded the recall, which will replace LG battery modules due to the risk of fire, to more than 140,000 cars,…
Exclusive: Northvolt Plots EV Battery Grab With $750 Million Swedish Lab Plan
STOCKHOLM—Northvolt plans to invest $750 million expanding its laboratory facility in Sweden, a top executive said, to meet soaring demand for lithium-ion batteries as carmakers go electric. As it aims to take on major Asian players such as CATL and LG Chem, Northvolt said it would set up the “first R&D campus covering the entire…
Tesla Megapack Fire in Australia Blamed on Undetected Coolant Leak
MELBOURNE—A fire that damaged two Tesla Inc battery units at a huge energy storage project in Australia in July was caused by a coolant leak that went undetected during start-up tests, a state watchdog said in a report released on Tuesday. Safety regulators on Tuesday cleared the so-called Victoria Big Battery project, run by French…
South Korea Innovation to Invest $4.3 Billion in US Battery Production With Ford Motor
September 28, 2021
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SEOUL—South Korea’s SK Innovation Co. Ltd plans to invest 5.1 trillion won ($4.32 billion) to build battery production facilities in the United States through its battery joint venture with Ford Motor Co. through 2027, the company said in a regulatory filing on Tuesday. The South Korean battery maker, which supplies electric car batteries to Ford…
Ford, South Korea to Invest $11.4 Billion to Add Electric F-150 Plant, Three Battery Factories
September 28, 2021
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DETROIT/SEOUL—Ford Motor Co. and its Korean battery partner SK Innovation will invest $11.4 billion to build an electric F-150 assembly plant and three battery plants in the United States, accelerating the U.S. automaker’s push into electric vehicles. Ford said on Monday it now expects to have 40 percent to 50 percent of its global vehicle…
Former UFC Champ Jon Jones Jailed in Vegas Battery Incident
September 25, 2021
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LAS VEGAS—Former UFC champion Jon Jones was jailed in Las Vegas early Friday after an incident at Caesars Palace that police said led to his arrest on charges of domestic battery and damaging a vehicle. Details of the incident that led to Jones’ 5:45 a.m. arrest at the Las Vegas Strip resort were not immediately…
Daimler Takes 33 Percent Stake in European Battery Cell Venture Automotive Cells Company (ACC)
September 24, 2021
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BERLIN—Daimler’s Mercedes-Benz said on Friday that it will take a 33 percent stake in battery cell manufacturer Automotive Cells Company (ACC) alongside the project’s original founders Stellantis and TotalEnergies. The purpose of the partnership is to develop cells and battery modules and “help ensure that Europe remains at the heart of the auto industry—even in…
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