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China will impose a consumption tax on lithium-ion and solar batteries for the first time in a decade, marking a policy shift as Beijing seeks to rein in overcapacity and destructive price wars in industries it spent years subsidising into global dominance. A 2% tax on lithium-ion batteries takes effect this September, rising to 4% […]
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Lu Yaxiang, a professor at the Chinese Academy of Sciences’ Institute of Physics, has spent a decade making sodium-ion batteries commercially viable. In April, he received China’s Youth May Fourth Medal, the country’s top honour for outstanding achievers under 35, for developing a sodium metal battery that charges in roughly four minutes, retains 90% capacity […]
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The European Commission has exempted wearable technology from rules requiring batteries that users can remove and replace. The change clears the biggest obstacle to Meta’s latest smart glasses reaching the EU, Politico reports. The delegated act, adopted on Tuesday, adds six product categories to the exemption list. It covers wearable devices such as smartwatches and fitness […]
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Ask most people what Huawei sells and you will get smartphones, or 5G, or a decade of geopolitical argument. Almost nobody says solar inverters. Yet Huawei Digital Power Technology, the division that makes them, along with battery storage systems and electric-vehicle charging kit, booked 68.7bn yuan of revenue in 2025, up 24.4% on the year […]
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Huawei Digital Power now rivals Tesla’s energy division in revenue Read More »
General Motors sold roughly 14,000 Chevrolet Silverado EVs in the United States and Canada last year, according to GM Authority sales data. The petrol-powered Silverado moves more than ten times that volume in a single quarter. That gap, between what reviewers call one of the best electric trucks on the market and what buyers are […]
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The Japanese group plans to mass-produce data-centre battery cells in Kansas by fiscal 2028, redirecting a large slice of its AI infrastructure investment toward storage. The companies that built batteries for electric cars are discovering a new and hungrier customer: the data centre. Panasonic plans to localise production of data-centre battery cells in the United […]
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Panasonic to localise US data-centre battery production, CEO says Read More »
Less than three years ago, residents of Green Charter Township, a rural community of roughly 3,000 people in central Michigan, packed a hall to celebrate what they saw as a victory for local democracy. They had recalled every member of their town board and installed replacements who promptly killed a $2.36 billion electric vehicle battery plant proposed […]
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Ford has launched Ford Energy, a wholly owned subsidiary that will manufacture large-scale battery energy storage systems for utilities, data centres, and industrial customers. The company has committed roughly $2 billion to the operation, which repurposes a Kentucky plant originally built for electric vehicle batteries. The subsidiary is led by Lisa Drake, who reports directly to Ford […]
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For years, the scarce resource in AI was chips. Now it is power. Verse Enterprises wants to unblock that bottleneck. The San Francisco startup has raised an oversubscribed $54mn Series B. Bessemer Venture Partners led the round. GV, Nvidia and Norrsken VC also took part. The race to AI is now a race to power […]
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Nvidia-backed Verse raises $54M to help AI data centres skip the power queue Read More »
General Motors is pushing into energy storage for data centres and the electrical grid, announcing a sodium-ion battery development partnership with Peak Energy, a lithium iron phosphate supply deal with LG Energy Solution, and an expanded relationship with Redwood Materials. The moves mark GM’s clearest signal yet that it sees its $900 million investment in […]
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From cars to data centres, GM pushes into energy storage with three new battery deals Read More »