GM said current EVs use batteries that are more expensive than the LMR battery. People will be able to go further and get their car for cheaper with the new battery. Officials said that Lansing’s two GM assembly plants plan to use LMR batteries in the near future.

Panasonic says its biggest customer has told the company to step on it with production at the under-construction EV-battery plant in De Soto.

Much of the global attention around industrial self-sufficiency has focused on the US and China. Yet Japan, too, has been working to reduce its reliance on foreign suppliers in strategic sectors, and particularly when it comes to China. A part of that effort has been to catch up in the electric vehicle battery market. That push is now faltering.

UK clean tech company Altilium has achieved a 95 percent recovery of lithium, nickel, and cobalt from EV batteries.

The 2026 Hummer is now getting bidirectional charging capabilities, meaning it can send power out from its battery to another EV or even a home. And it comes with enhanced Super Cruise, allowing drivers to automatically change lanes when the vehicle’s built-in map is being used.

Volkswagen has enhanced its mass-market EV prospects with plans to refresh its lineup using new battery tech.

Battery / EV Metals Price BMI Lithium Carbonate, EXW China, >=99.2% Li2CO3 9,025 BMI Lithium Hydroxide, EXW China, >=56.5% LiOH 9,175 BMI Cobalt Sulphate, EXW China, >20.5% Co 6,742 BMI Nickel Sulphate, EXW China, >22% Ni 3,782 BMI Flake Graphite, FOB China, -100 Mesh, 94-95% C 435

Panasonic Holdings Corp.’s decision not to rush into expanding capacity to build batteries has been validated by slower global demand for electric vehicles, Chief Executive Officer Yuki Kusumi said.