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Tag: batteries

General Motors Is Going All-In On Affordable LFP Batteries

General Motors and LG Energy Solution will manufacture low-cost lithium-iron phosphate (LFP) batteries in the U.S. The automaker will convert part of its Spring Hill, Tennessee, manufacturing plant to incorporate LFP battery assembly.  The next-generation Chevy Bolt EV and one trim of the Silverado EV will be powered by LFP batteries.  General Motors’ electric vehicle … Continue reading “General Motors Is Going All-In On Affordable LFP Batteries”

EV Batteries Got 20% Cheaper Last Year

Prices for lithium-ion battery packs fell 20% in 2024, the largest drop since 2017, according to a study from the International Energy Agency (IEA). Cheaper batteries mean cheaper EVs, and electric cars and trucks remain the main driver of battery demand. China’s price advantage is widening over the rest of the world.  The war for a … Continue reading “EV Batteries Got 20% Cheaper Last Year”

GM Says These EV Batteries Are 'Critical' For Its Future

General Motors on Tuesday said it’s planning to become the world’s first automaker to use lithium-manganese-rich (LMR) batteries in production trucks and full-size SUVs starting in 2028. The new chemistry marks a major pivot, not just from today’s nickel-manganese-cobalt (NMC) and lithium-iron-phosphate (LFP) batteries, but also from pouch cells GM has long relied on. Going … Continue reading “GM Says These EV Batteries Are 'Critical' For Its Future”

Why The Slate Truck Doesn’t Use LFP Batteries

Slate dropped a bombshell this week when it revealed both itself and its first model: a utilitarian electric pickup truck expected to cost under $20,000 after factoring in the federal tax credit for plug-in cars.  Cheap electric vehicles have been elusive for years, in part because EV batteries have historically been so expensive. So this … Continue reading “Why The Slate Truck Doesn’t Use LFP Batteries”

How Massachusetts is trying to turn EVs into grid batteries

The batteries inside electric vehicles can do a lot more than power a car. They can back up homes, schools, and businesses during power outages. They can soak up grid power when it’s plentiful and cheap and send it back when it’s scarce and costly. And they could eventually provide enough reliable power to allow utilities to … Continue reading “How Massachusetts is trying to turn EVs into grid batteries”

Turing AI and “bulletproof” EV batteries arrive with 2025 Xpeng G6 SUV

The Xpeng G6 all-electric SUV has received a raft of 81 updates for the 2025 model year – and chief among these is a new, “bulletproof,” ultra-fast 5C charging “A.I. battery” that can go from 10 to 80% charge in just twelve minutes. Sized and priced to put the best-selling Tesla Model Y firmly in its … Continue reading “Turing AI and “bulletproof” EV batteries arrive with 2025 Xpeng G6 SUV”

Solid-state batteries aren't likely for Hyundai or Kia before 2030

Hyundai and Kia likely won’t have solid-state batteries ready for electric vehicles before the end of the decade, an executive said in an interview with Automotive News published Thursday. “I don’t think we can commercialize these batteries before 2030,” Spencer Cho, head of global product planning for Kia, said Feb. 24 at the automaker’s EV … Continue reading “Solid-state batteries aren't likely for Hyundai or Kia before 2030”

Chart: Solar, batteries to lead US power plant construction in 2025

This year, utility-scale solar is expected to continue its winning streak as the largest source of new electricity generation. More than half of new power plant capacity built this year will be solar, followed by batteries, with 29% of total capacity. That’s a step up for batteries from last year. Meanwhile, solar’s share is forecast to … Continue reading “Chart: Solar, batteries to lead US power plant construction in 2025”

Base Power offers Texans big backup batteries, no purchase necessary

The company designed its own battery hardware, giving it far more capacity than the market-leading home battery systems. Base Power wrote its own software to govern the batteries and operate them as a decentralized fleet bidding into the wholesale markets. And the startup does its own sales, installations, and long-term maintenance. The corporate strategy, Dell explained, … Continue reading “Base Power offers Texans big backup batteries, no purchase necessary”

Hyundai, Kia Pump The Brakes On Solid State Batteries Until 2030

Solid state batteries have entered trailblazer mode. Pretty much every big automaker and battery plant is working on making a commercially-available product—a race to achieving that sweet, sweet equilibrium between cost, scalability, and viability that lets a piece of conceptual tech make its way into the car parked in your driveway. But while some automakers … Continue reading “Hyundai, Kia Pump The Brakes On Solid State Batteries Until 2030”