lithium

Tesla aims to Reduce Cobalt Dependency in Batteries

Tesla aims to Reduce Cobalt Dependency in Batteries

The most extensive problem facing electric cars is the availability of cobalt, which is used in lithium-ion batteries to build stability and increase safety. However, Panasonic, Tesla Inc. (NASDAQ: TSLA) battery supplier and partner in the Nevada Gi..

FMC Corp hits 52-week high

FMC Corp hits 52-week high

FMC Corporation (NYSE: FMC) shares reached a 52-week high of $96.02 on December 26 before closing at $95.54. Shares have risen 8.6 percent in the last three months, compared to the industry’s 5.8 percent growth.According to Zacks, FMC Corp. ra..

Tesla to Face Competition in the Battery Production Field

Tesla to Face Competition in the Battery Production Field

Tesla Inc. (NASDAQ: TSLA) may face increased competition in the rechargeable battery field. Currently Tesla is a leader in battery technology. The Tesla Gigafactory 1 is a lithium-ion battery factory under construction in Nevada. The factory started..

South Australia Picks Tesla to Build the Largest Battery System in the World

South Australia Picks Tesla to Build the Largest Battery System in the World

Tesla Inc. (NASDAQ: TSLA) has reportedly agreed to build the world's largest lithium-ion battery storage project in South Australia. The electric car manufacturer has outbid 91 other companies and won a contract to build a 100 megawatt facility...