Tesla Signs $4.3 Billion LFP Battery Deal With LGES, $16.5 Billion Chip Deal With Samsung
Tesla this week has signed two major long tern contracts, one with LGES for LFP batteries, the other with Samsung for advanced chips.
Tesla this week has signed two major long tern contracts, one with LGES for LFP batteries, the other with Samsung for advanced chips.
I just tried my best to introduce and share Kia’s new PV5 and its overall PBV concept. At the heart of the PV5 and broader PBV platform, though, is going to be Samsung internet of things (IoT) software. The last big announcement from 2025 Kia EV Day is about this … [continued]
Proton is initiating the construction of a new EV production plant at its high-tech Tanjung Malim facility. The project, which began on February 7, 2025, is targeted for completion by the end of the year, with an investment of 82 million ringgit ($18.46 million). The first phase of the assembly … [continued]
I recently travelled to Europe to celebrate my birthday. While I was on the flight home, I thought about my past few decades on this planet. While we seem to be going backwards politically, that can largely be attributed to fear. That fear often comes from the disruptive change created … [continued]
Europe is the slowest region of growth for electric vehicle (EV) sales so far this year, Rho Motion, the leading research house focused on the electric vehicle market, revealed today in their half yearly update. Just under seven million electric vehicles have been sold globally in the passenger car and … [continued]
One company has absolutely run away with the trophy for largest EV battery producer in the world. That would be Chinese battery giant CATL (Contemporary Amperex Technology Co Ltd). I recall when it stole the title from LG Chem a few years ago, and it seems that it has only … [continued]
Sometimes, it just doesn’t feel like you’ve got enough screen real estate. This is very common for smartphones, but the convenience of having them on hand everywhere generally makes up for this. Even then, phones are getting bigger and bigger, and some even fold out to give you tablet-like space … [continued]
While there are regular reports about sales performances of the best selling EVs, as one can see here, here, and here, reports on the deployment of the all-essential batteries for these EVs are much less frequent. Nevertheless, they are a critical element in the EV transition, and big business too. … [continued]
BMW will feature the Neue Klasse concept at this year’s IAA show in Munich. Is it a hint of what an electric 3 Series sedan might look like?
The EV battery world has changed a lot in the past few years. Let’s start with the 10 largest EV battery manufacturers through most of 2022, but then also look at how this list is different from a few years ago. As you can see above, CATL (Contemporary Amperex Technology … [continued]