Tesla has disclosed financial information for the first quarter of 2022. The financials are impressive, but there is something more in the report that is rather intriguing.  According to the company, almost half of all vehicles produced in Q1 had lithium iron phosphate (LFP) batteries fitted, which included neither nickelContinue Reading


Reliance New Energy Limited (“Reliance”) has signed formal agreements to purchase practically all of the assets of Lithium Werks BV (“Lithium Werks”) for a total transaction value of USD 61 million, including potential expansion finance. The assets include Lithium Werks’ complete patent portfolio, a production plant in China, major commercialContinue Reading


Shenzhen-based Gotion High-Tech said this week that it has agreed to deliver 200 GWh of lithium-iron-phosphate (LFP) batteries to a major publicly traded US automaker between 2023 and 2028. Gotion would not name its US customer, but said it is a significant publicly listed automotive firm with a high marketContinue Reading


According to Fleetzero, a New Orleans-based startup, container ships account for 2.2 percent of worldwide carbon dioxide emissions — almost a billion tonnes per year — as well as 15% of nitrogen oxides and 13% of sulphur oxides. With the goal of making container ships more environmentally friendly, Fleetzero hasContinue Reading


Our Next Energy (ONE), a Michigan-based startup, tested its prototype of a new battery in a Tesla Model S and drove 752 miles before having to recharge. The test drive took place in Michigan in mid-December. This is significant since Michigan is notorious for its severe winters, and one majorContinue Reading