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Elysian says the world is vastly underestimating the capabilities of battery-electric airlinersElysian Aircraft A Dutch startup says everyone's hugely underestimating the potential of battery-electric aircraft – that it's possible to build large battery-electric airliners covering distances most assume we'll need hydrogen for. Elysian plans to prove it. The company doesn't believe it'll need some giant leap in batteries to do it, either; it says it can take 90 passengers some 800 km (497 miles) using a pack with 360 Wh/kg. Amprius, meanwhile, was shipping 450-Wh/kg cells back in 2022, and Chinese giant CATL launched a 500-Wh/kg "condensed" battery last year....

CATL, a name that has become synonymous with cutting-edge battery technology, continues to solidify its position as the world’s largest lithium-ion battery manufacturer. With a focus on innovation and sustainability, CATL has been a crucial player in the electric vehicle ecosystem, supplying batteries to some of the biggest names in the automotive industry, including Tesla. Recently, CATL made headlines by unveiling its latest marvel – a new lithium-ion phosphate battery that promises to redefine the benchmarks for EV performance. This groundbreaking technology claims to add approximately 400 kilometers (around 249 miles) of range in just a 10-minute charge and enables...

After Michigan leaders pledged $1 billion in taxpayer subsidies to Ford’s new electric vehicle plant in Marshall, Florida Republican U.S. Sen. Marco Rubio is calling for an investigation into the agreement between Ford and its Chinese partner CATL. Rubio sent a letter to U.S. Secretary of the Treasury Janet Yellen, U.S. Secretary of Energy Jennifer Granholm, and U.S. Secretary of Transportation Pete Buttigieg, calling for an immediate Committee on Foreign Investment in the United States review of the licensing agreement between Ford and CATL. Rubio asked the Biden administration not to support Chinese Communist Party efforts by providing tax credits.....

A giant Chinese supplier of electric vehicle batteries decided to push back announcing a multibillion-dollar North American plant to supply Tesla Inc. and Ford Motor Co. due to tensions raised by House Speaker Nancy Pelosi’s trip to Taiwan, according to people familiar with the matter. Contemporary Amperex Technology Co. Ltd., the world’s biggest maker of batteries for electric vehicles, has been considering at least two locations in Mexico near the Texas border, as well as sites in the U.S., for the plant. China’s CATL has been in an advanced stage of site selection and negotiating incentives, in anticipation of announcing...

China’s Contemporary Amperex Technology Co. (CATL) is reportedly looking at a minimum of two locations for future battery factories in Mexico. Reports claim that the upcoming facilities will be built to provide batteries for both Tesla and Ford. While most global automakers are now moving forward with EVs, Tesla is still the global leader, and Ford is considered by many – including Tesla CEO Elon Musk – as an emerging leader in the segment.

The president’s son was part owner of a venture involved in the $3.8 billion purchase by a Chinese conglomerate of one of the world’s largest cobalt deposits. The metal is a key ingredient in batteries for electric vehicles. An investment firm where Hunter Biden, the president’s son, was a founding board member helped facilitate a Chinese company’s purchase from an American company of one of the world’s richest cobalt mines, located in the Democratic Republic of Congo. Mr. Biden and two other Americans joined Chinese partners in establishing the firm in 2013, known as BHR and formally named Bohai Harvest...

A report from Korea Times says Apple is close to finalizing deals with LG and Magna International to build the long-rumored Apple Car...The new rumors say Apple is close to signing a deal in which it would partner with Canadian manufacturer Magna International to build an EV powered by LG-supplied batteries and running on Apple software.So far none of the companies involved have commented on the reported negotiations, so there's no guarantee that this deal will be finalized or that it will result in a physical car...If the reports circulating now are correct (none of the three companies responded immediately...

Shares of Contemporary Amperex Technology were up as much as 9% in Shenzhen overnight on news that it could be the company involved in supplying batteries for Apple's electric vehicle project.The jump in shares marks the best day for the company's stock in four months, Bloomberg reported Monday morning.The report, which appears to be unconfirmed for the time being, was published in Xuangubao.cn, a Chinese online stock news platform. That platform did not report a source for the information.A battery is "still being tested" for the project, according to Bloomberg, and the company did not respond for comment when asked...