Loading...

Loading...

US Automakers Expand Into Energy Storage as EV Demand Slows
By MBN Staff - Mon, 01/19/2026 - 12:15
US automakers including Ford, GM and Tesla are expanding into energy storage as EV battery demand faces uncertainty
https://mexicobusiness.news/tag/battery-manufacturing
More Mining
Sonora Plan to Advance in 2025 with US Support: Ebrard
By Paloma Duran - Mon, 12/23/2024 - 12:44
In partnership with US institutions, Mexico is working to accelerate the Sonora Plan and establish the country as a key player in global industries.
Stellantis, CATL to Build US$4.3 Billion Battery Plant in Spain
By MBN Staff - Tue, 12/10/2024 - 16:58
Stellantis and CATL will invest US$4.3 billion in an LFP battery plant in Zaragoza, Spain, set to start production by late 2026
Northvolt Files Chapter 11, CEO Resigns Amid Crisis
By MBN Staff - Fri, 11/22/2024 - 09:50
Northvolt CEO Peter Carlsson steps down as the company files for Chapter 11 bankruptcy, seeking up to US$1.2 billion to restructure
José Muñoz Becomes Hyundai’s First Foreign Co-CEO
By MBN Staff - Fri, 11/15/2024 - 18:01
Hyundai Motor names José Muñoz co-CEO starting January 2025, the first foreigner to hold such a senior role at the company
CATL Eyes US Plant if Trump Loosens Chinese EV Restrictions
By Óscar Goytia - Wed, 11/13/2024 - 16:45
CATL may build a US battery plant if Trump’s policies permit Chinese investment in the EV supply chain
Mexico, Bolivia Develop Comprehensive Lithium Extraction Roadmap
By Paloma Duran - Wed, 11/06/2024 - 16:22
Mexico and Bolivia are joining forces to enhance their lithium supply chain, boosting the electric cell and battery manufacturing industries.

OPEC Predicts ICE Vehicles Will Dominate Until 2050
By Óscar Goytia - Fri, 09/27/2024 - 13:54
OPEC forecasts that over 70% of vehicles globally will still use combustion engines by 2050, despite the anticipated growth of EVs
Northvolt Cuts 20% Workforce Amid Weak EV Demand, Chinese Rivals
By Óscar Goytia - Wed, 09/25/2024 - 15:31
Northvolt has announced layoffs impacting 1,600 jobs as it faces financial struggles due to faltering EV demand
US Pledges US$3 Billion to Expand Domestic Battery Manufacturing
By MBN Staff - Fri, 09/20/2024 - 16:59
The US Energy Department is allocating US$3 billion to 25 battery manufacturing projects.