World’s largest battery maker shifts away from EVs to energy storage
On the Dash:
CATL wants energy storage to account for half of its global sales by 2030, up from 25% today.
Automakers and dealers could face tighter EV battery supply...
TSLA377.410-9.0599%
GM76.7500.64%
F11.9000%
RIVN12.125-0.335%
CYD23.735-1.755%
HMC34.5700.6%
TM198.3203.46%
CVNA58.735-0.455%
PAG212.0550.005%
LAD287.77018.64%
AN159.0105.99999%
GPI241.14016.29%
ABG169.8905.84%
SAH62.8402.16%
TSLA377.410-9.0599%
GM76.7500.64%
F11.9000%
RIVN12.125-0.335%
CYD23.735-1.755%
HMC34.5700.6%
TM198.3203.46%
CVNA58.735-0.455%
PAG212.0550.005%
LAD287.77018.64%
AN159.0105.99999%
GPI241.14016.29%
ABG169.8905.84%
SAH62.8402.16%
TSLA377.410-9.0599%
GM76.7500.64%
F11.9000%
RIVN12.125-0.335%
CYD23.735-1.755%
HMC34.5700.6%
TM198.3203.46%
CVNA58.735-0.455%
PAG212.0550.005%
LAD287.77018.64%
AN159.0105.99999%
GPI241.14016.29%
ABG169.8905.84%
SAH62.8402.16%
CATL
Ford stock surges as energy storage ambitions fuel investor optimism
On the Dash:
Ford is expanding beyond vehicle manufacturing into energy storage and infrastructure markets tied to AI growth.
Investor enthusiasm suggests Wall Street increasingly values automakers with diversified technology...
Ford faces congressional scrutiny over Chinese battery partnership
On the Dash:
A U.S. lawmaker is questioning Ford’s partnership with Chinese battery maker CATL.
Ford plans to repurpose Kentucky and Michigan plants for LFP and energy storage batteries.
National...
CATL suspends lithium mine operations amid permit issues, tightening supply chain
Battery giant Contemporary Amperex Technology Co. Ltd. (CATL), the world’s largest electric vehicle battery manufacturer, has suspended operations at its Jianxiawo lithium mine in Jiangxi province for at least three...
Biden’s new EV regulations to limit China’s role in U.S. market
The Biden administration released electric vehicle tax credit regulations restricting Chinese imports. However, by reducing the number of vehicles that meet the $7,500 federal tax credit requirements, the regulations may...
Senator Rubio ramps up efforts to block Ford and CATL partnership from tax credits
A partnership between Ford and CATL is still under fire from Florida Senator Marco Rubio, who last week submitted legislation which would prevent the automaker from receiving tax credits under...
Ford and CATL confirm new LFP battery factory, announce location
Yesterday afternoon, Ford and Chinese battery maker CATL confirmed a new lithium iron phosphate (LFP) battery factory in Michigan.
The news arrives some weeks after Virginia Governor Glenn Youngkin refused to...
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