Tag: sodium ion

The price of cobalt, a critical metal used to manufacture electric vehicle batteries, has sunk to an eight-year low in Chinese trading. Analysts say the downturn is due to a combination of increased Chinese output of the blue metal and slumping demand for cobalt-powered batteries.

Chinese automakers smashed another monthly record for production and sales of electric vehicles in October. Car companies produced just under 400,000 vehicles last month, up 133% from the same time last year and almost 10% from September, according to new data from the Chinese ...

While Chinese companies are investing billions of dollars to build new cobalt mines in the Democratic Republic of Congo as part of a broader effort to control the global electric vehicle battery market, they're also moving fast to develop new batteries that, in the future, won't rely ...