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Tesla, the largest electric vehicle in the United States, has focused on iron-based batteries, and China's LEP batteries have begun expanding following GM's plant construction. LG Ensol's sales and operating profit in the first quarter of this year more than doubled compared to the same period last year, which is attributed to the increase in demand from Tesla and GM. Tesla unveiled its “Master ..

Ford Motor Company of the United States officially announced on the 13th that it would build an iron phosphate battery plant in Michigan with CALT of China. Last year, Ford signed a contract with South Korea’s SK On to build three triionic battery factories as a “joint venture,” showing a gap. "Manufacturing in the United States will bring us closer to battery independence," said Ford chairman B..

Sales of electric vehicles exceeded 10 million units last year, battery production surged 40%, and lithium production tripled, increasing China's dominance and increasing US subsidies. A Bloomberg report says electric vehicle (E.V.) sales will increase by 60% in 2022, with total sales exceeding 10 million, with nearly 30 million currently on the road, up from 10 million at the end of 2020. The N..