Cleantech & EV’s

Tesla has released a list of direct battery material suppliers and confirmed that it has a long-term nickel deal with Vale, the world’s largest nickel producer. There’s currently a race to secure battery materials in order to support the rapid growth of the EV industry. Several players in the industry have been raising the alarm that there are going to be massive shortages of some of the key…

A recent report states that global battery conglomerate CATL is in the final stages of vetting potential sites to bring EV battery production to the US. The move would mark the company’s first entry into the second largest automotive market in the world, and the new facilities would provide cells to BMW AG and Ford Motor Company for their EV production stateside. Contemporary Amperex…

Tesla (TSLA) is adding shifts at Gigafactory Shanghai in the hopes to return to full production this month after being shut down for 22 days. Like many other companies, Tesla had to shut down production at its Shanghai factory last month after local authorities imposed serious lockdowns on the population in an attempt to limit the spread of COVID-19 after a surge in cases during the first…

American EV automaker Lucid Motors shared its Q1 numbers for 2022, today reporting nearly $58 million in revenue despite a slow uptick of deliveries. Additionally, Lucid announced substantial price increases to multiple trims of its Air sedan for any new reservations beginning June 1. While Lucid Motors has been working for over 15 years to bring luxury performance EVs to the masses, it truly…