CATL

Europe Battery Factory Plans Are In A Shambles

On June 20, 2024, Reuters reported some rather shocking news regarding BMW and its electric car plans. The headline read, “BMW cancels $2 billion battery cells contract with Northvolt.” The report said that BMW had cancelled a 2 billion euros  ($2.15 billion) order for battery cells for its electric vehicles … [continued]

Dirt Cheap Batteries Enable Megawatt-Scale Charging Without Big Grid Upgrades Right Away

Battery prices have continued to plummet, frankly faster than even battery optimists such as myself dreamed of. We’re seeing commercial, scaled, price points that we didn’t expect to see until 2030 or later. That has big implications for electric trucking. In 2022, a kilowatthour of battery capacity cost US$159. In … [continued]