• News aggregator on electric cars and electric vehicles (cars, motorcycles, boats, planes).

Prime Planet secures lithium from Nevada

Prime Planet Energy & Solutions, the battery joint venture of Toyota and Panasonic, has signed a binding offtake agreement with Ioneer for lithium carbonate from Ioneer’s Rhyolite Ridge project in Nevada. Under the agreement, Ioneer will supply 4,000 tonnes of lithium carbonate per year over a five-year period to Prime Planet Energy & Solutions (PPES) […] More…

Nikola acquires Romeo Power, takes batteries in-house

Electric truck maker Nikola has agreed to acquire Romeo Power, thus taking battery development and manufacturing in-house. The agreement is definitive. Romeo specialises in batteries for commercial EVs, and their Cypress factory will become Nikola’s Battery Center of Excellence. Nikola expects the Romeo acquisition to yield annual cost savings of up to $350 million by […] More…