This might be the most important column I’ve written in my 30 years as a syndicated columnist. There’s a very high probability you have lithium-ion batteries in your home. They are now as common as ants at a summer picnic. You need to understand the danger to your home and to you and your loved…
South Korea’s LGES Reviews $1.3 Billion Arizona Battery Investment as US Inflation Bites
SEOUL—South Korean battery maker LG Energy Solution Ltd. (LGES), a major supplier to U.S. carmakers including Tesla, is reassessing a $1.3 billion investment plan for an Arizona factory citing “unprecedented” economic conditions. News that South Korea’s biggest battery maker is reviewing the plan, unveiled only three months ago, knocked LGES shares down 4.6 percent on…
Ask the Builder: Think Before Cutting the Cord
Do you have a love affair with power tools? If so, my guess is you may have succumbed to the sirens’ songs luring you into the Sea of Cordless Tools. Before you become mesmerized by the nymphs’ sweet voices, I suggest you check your heading and go hard to starboard before dashing your boat on…
Tesla Supplier Looks to Invest $5B on EV Batteries, Supply Chain Software
Tesla Inc. battery supplier Panasonic Corp. looked to invest ¥600 billion ($4.9 billion) in automotive batteries, supply chain software, and other areas it considered core to its growth. Panasonic looked to invest ¥400 billion in growth segments, including electric-vehicle cells, and another 200 billion yen in hydrogen device technology over three years through fiscal 2024. Panasonic targeted an…
Renewables Now Make Up a Third of Australia’s Energy
Australia has set a new record for renewables output for the fifth year in a row, with solar, wind, and hydropower now making up around a third of Australia’s energy mix. It coincides with 2021 being a record year for solar uptake, with more than one in four Australian homes decorated with rooftop solar panels….
IonQ, Hyundai Motor Join Forces to Create Better Quality Batteries
IonQ Inc. collaborated with Hyundai Motor Co. to use quantum computers to develop efficient batteries. The partnership pairs IonQ’s expertise in quantum computing and Hyundai’s expertise in lithium batteries. Together, the teams are creating the most advanced battery chemistry model. “This creative collaboration with IonQ is expected to provide innovation in the development of basic materials…
BMW Cautious on Bringing Batteries In-house Despite Rising Sales
BERLIN—BMW won’t scale up its own battery cell production for electric cars until the technology has developed further, the German company said on Thursday, taking a more cautious approach than some rivals despite record brand sales in 2021. The automaker, which was also upbeat about hitting the top end of its 9.5 percent–10.5 percent profit…
NatSec Expert: ‘We No Longer Need to Censor Ourselves’ About Chinese Communist Party
In a discussion that Hudson Institute senior fellow Arthur Herman described as “particularly chilling,” experts with Hudson’s Hamilton Commission on Securing America’s National Security Innovation Base spoke Oct. 14 on the threat of Chinese economic coercion to the supply chains for defense-critical advanced batteries. One of three talks at Hudson’s “Powering Innovation: Advanced Batteries and…
Europe’s Carmakers Face Raw Material Bottleneck for EV Batteries
FRANKFURT—Major carmakers like Volkswagen, Daimler, and Stellantis have been racing to secure battery cell supplies in Europe, but may face a bigger challenge as they seek to go electric—finding enough battery raw materials. Failure to obtain adequate supplies of lithium, nickel, manganese or cobalt could slow the shift to electric vehicles (EVs), make those vehicles…
Energy From Bogs: Estonian Scientists Use Peat to Make Batteries
TARTU, Estonia—Peat, plentiful in bogs in northern Europe, could be used to make sodium-ion batteries cheaply for use in electric vehicles, scientists at an Estonian university say. Sodium-ion batteries, which do not contain relatively costly lithium, cobalt, or nickel, are one of the new technologies that battery makers are looking at as they seek alternatives…
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